DAILY OIL PRICE: April 22, 2024

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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

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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

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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?

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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

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AUSTIN According to newly released data from the Texas Workforce Commission, employment in the upstream sector of the Texas oil and gas industry grew...

Biden administration restricts oil and gas leasing in 13 million acres of Alaska’s petroleum...

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By BECKY BOHRER and MATTHEW DALY The Associated Press JUNEAU, Alaska The Biden administration said Friday it will restrict new oil and gas leasing on...

Basin rig count up two as prices drop

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The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 318 rigs active...

DAILY OIL PRICE: April 19, 2024

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Crude Oil: 83.14   (+0.41). Nymex MTD AVG: 85.0995. Natural Gas: 1.752   (-0.005). Gasoline: 2.7103   (-0.0034). Spreads: May/June   (+0.92)   June/July   (+0.64). Plains WTI Posting:...

Once praised, settlement to help sickened BP oil spill workers leaves most with nearly...

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By TRAVIS LOLLER and MICHAEL PHILLIS The Associated Press When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134...

DAILY OIL PRICE: April 18, 2024

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Crude Oil: 82.73   (+0.04). Nymex MTD AVG: 85.4261. Natural Gas: 1.757   (+0.045). Gasoline: 2.7137   (-0.0150). Spreads: May/June   (+0.63)   June/July   (+0.58). Plains WTI Posting:...