DAILY OIL PRICE: March 18, 2024
Crude Oil: 82.72 (+1.68).
Nymex MTD AVG: 79.5111.
Natural Gas: 1.703 (+0.048).
Gasoline: 2.7573 (+0.0365).
Spreads: April/May (+0.56) May/June (+0.55).
Plains WTI Posting:...
Johnson, Pfluger call for energy independence
Opening Energy Week in the U.S. House of Representatives in Washington, D.C., Speaker of the House Mike Johnson and Congressman August Pfluger said here...
ELAM: Crude oil new bull market
The International Energy Agency now sees world demand at 13.2 million barrels per day, up from 13 MBD.
— Wall Street Journal
That does not sound...
THE ECONOMIST: Burned!
Recent wildfires in the Texas panhandle have burned well over a million acres, causing tragic loss of life and devastating local communities. In addition,...
Basin rig count up three as prices climb
The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 316 rigs active...
DAILY OIL PRICE: March 15, 2024
Crude Oil: 81.04 (-0.22).
Nymex MTD AVG: 79.3224.
Natural Gas: 1.655 (-0.086).
Gasoline: 2.7208 (+0.0175).
Spreads: April/May (+0.46) May/June (+0.44).
Plains WTI Posting:...
Across the US, batteries and green energies like wind and solar combine for major...
By JENNIFER McDERMOTT
The Associated Press
In the Arizona desert, a Danish company is building a massive solar farm that includes batteries that charge when...
DAILY OIL PRICE: March 14, 2024
Crude Oil: 81.26 (+1.54).
Nymex MTD AVG: 78.9543.
Natural Gas: 1.741 (+0.083).
Gasoline: 2.7033 (+0.0481).
Spreads: April/May (+0.52) May/June (+0.55).
Plains WTI Posting:...
Basin’s oil production record sure to fall
The Permian Basin has been producing a record of around six million barrels of oil per day for the past year, but can it...
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:...