DAILY OIL PRICE: January 18, 2024

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Crude Oil: 74.08   (+1.52). Nymex MTD AVG: 72.4728. Natural Gas: 2.697   (-0.173). Gasoline: 2.1835   (+0.0481). Spreads: February/March   (+0.13)   March/April   (+0.12). Plains WTI Posting:...

Chemical manufacturer expands

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Based at Gardendale, oilfield chemical manufacturer Jacam Catalyst is adding 16 acres of land and 18,000 square feet of operational space to give it...

DAILY OIL PRICE: January 17, 2024

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Crude Oil: 72.56   (+0.16). Nymex MTD AVG: 72.3782. Natural Gas: 2.870   (-0.030). Gasoline: 2.1354   (+0.0135). Spreads: February/March   (+0.08)   March/April   (+0.02). Plains WTI Posting:...

DAILY OIL PRICE: January 16, 2024

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Crude Oil: 72.40   (-0.28). Nymex MTD AVG: 72.3669. Natural Gas: 2.900   (-0.413). Gasoline: 2.1219   (+0.0016). Spreads: February/March   (-0.12)   March/April   (-0.06). Plains WTI Posting:...

States with big climate goals strip local power to block green projects

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By JOEY CAPPELLETTI and JOHN HANNA The Associated Press LANSING, Mich. Clean energy developers had planned a 75-turbine wind farm in mid-Michigan’s Montcalm County before...

ELAM: Green energy cools a bit

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Hertz is selling a third of its global electric car fleet, a major reversal after positioning itself as a champion of EV technology. Wall Street...

THE ECONOMIST: Trends that could drive economic growth in 2024

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Looking back at 2023 (or 2022, 2021, or 1687 for that matter) confirms that there are always unanticipated events in the economy, no matter...

Oil, gas prices to bounce around

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As mercurial and unpredictable as it is, the energy industry offers a few probabilities as experts consider the business year of 2024. Odessa oilman Kirk...

Pfluger invites Oestmann of Tall City Exploration to testify before Congress

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WASHINGTON, D.C. Congressman August Pfluger (TX-11) proudly invited Mike Oestmann, the President and CEO of Tall City Exploration, to testify before the House Energy...

Basin rig count down two as prices decline

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The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 309 rigs active...