DAILY OIL PRICE: April 24, 2024
Crude Oil: 82.81 (-0.55).
Nymex MTD AVG: 84.8379.
Natural Gas: 1.653 (-0.159).
Gasoline: 2.7343 (+0.0090).
Spreads: June/July (+0.72) July/August (+0.74).
Plains WTI Posting:...
Texas energy industry hiring booms
March was a very healthy month for oilfield hiring in Texas and the Permian Basin Petroleum Association and Texas Oil & Gas Association say...
DAILY OIL PRICE: April 23, 2024
Note: The May Contract has expired, and the June Contract is now prompt. Today, the June Contract price increased by $1.46.
Prompt month to prompt...
Where did the Basin’s oil come from?
Tradition or myth holds that the Permian Basin’s rich oil and natural gas formations were made from the bodies of dinosaurs, which is an...
Wars heighten Basin’s global significance
The wars in Israel and Ukraine are not good for anyone, including the American energy industry, but the Permian Basin’s uniquely powerful position as...
DAILY OIL PRICE: April 22, 2024
Crude Oil: 82.85 (-0.29).
Nymex MTD AVG: 84.9973.
Natural Gas: 1.791 (+0.039).
Gasoline: 2.6854 (-0.0249).
Spreads: May/June (+0.95) June/July (+0.69).
Plains WTI Posting:...
ELAM: Energy states fuel economy
Fossil fuel producing states helped boost the U.S. economy by 2.5% last year. The economies of Texas and New Mexico grew 5.7% and 4.1%....
THE ECONOMIST: Suburban surge
New Census data confirms what many people around the state have observed – Texas metropolitan areas and the surrounding counties are seeing a notable...
Feds vs. oilmen — who wins in the end?
Considering the battle royal that’s been waged between federal regulatory agencies and the energy industry since President Biden took office in January 2021, the...
Texas oil and gas upstream jobs grow by 4,500 in March
AUSTIN According to newly released data from the Texas Workforce Commission, employment in the upstream sector of the Texas oil and gas industry grew...