DAILY OIL PRICE: March 13, 2024
Crude Oil: 79.72 (+2.16).
Nymex MTD AVG: 78.7769.
Natural Gas: 1.658 (-0.056).
Gasoline: 2.6615 (+0.0751).
Spreads: April/May (+0.42) May/June (+0.46).
Plains WTI Posting:...
US energy industry methane emissions are triple what government thinks, study finds
By SETH BORENSTEIN
AP Science Writer
American oil and natural gas wells, pipelines and compressors are spewing three times the amount of the potent heat-trapping...
DAILY OIL PRICE: March 12, 2024
Crude Oil: 77.56 (-0.37).
Nymex MTD AVG: 78.6983.
Natural Gas: 1.714 (-0.045).
Gasoline: 2.5864 (+0.0059).
Spreads: April/May (+0.31) May/June (+0.35).
Plains WTI Posting:...
Hydrogen gains credence as alternative fuel
Hydrogen has always been part of the oilfield, but its potency as an alternative fuel and its low-carbon appeal have given it a heightened...
DAILY OIL PRICE: March 11, 2024
Crude Oil: 77.93 (-0.08).
Nymex MTD AVG: 78.8018.
Natural Gas: 1.759 (-0.046).
Gasoline: 2.5805 (+0.0533).
Spreads: April/May (+0.40) May/June (+0.39).
Plains WTI Posting:...
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record
By JON GAMBRELL
The Associated Press
DUBAI, United Arab Emirates Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year,...
ELAM: Frothy valuations
It is the end of the Chinese growth miracle and leader Xi seems fine with that.
— Wall Street Journal
The Magnificent Seven stocks had a...
THE ECONOMIST: An even dozen
For the 12th year in a row, Texas attracted the lion’s share of major corporate locations and expansions in the US, winning Site Selection...
PHOTO GALLERY: 2024 Permian Basin Water in Energy Conference
The annual Water in Energy Conference took place this week at the Bush Convention Center in Midland. Hosted by The University of Texas Permian...
US rig count down seven as prices slide
The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 313 rigs active...