TXOGA excoriates methane rule, LNG ban
The Texas Oil & Gas Association has come down hard in its criticism of the U.S. Environmental Protection Agency for a new rule on...
DAILY OIL PRICE: April 17, 2024
Crude Oil: 82.69 (-2.67).
Nymex MTD AVG: 85.5847.
Natural Gas: 1.712 (-0.020).
Gasoline: 2.7287 (-0.0936).
Spreads: May/June (+0.54) June/July (+0.54).
Plains WTI Posting:...
Nacero takes a powder but plans to return
The chief operating officer of Nacero Inc. has told the Odessa Development Corp. board that his Houston-based company had postponed its plan to build...
DAILY OIL PRICE: April 16, 2024
Crude Oil: 85.36 (-0.05).
Nymex MTD AVG: 85.7656.
Natural Gas: 1.732 (+0.041).
Gasoline: 2.8223 (+0.0384).
Spreads: May/June (+0.53) June/July (+0.61).
Plains WTI Posting:...
EPA’s new methane rule hits Basin hard
A host of Texas representatives and energy industry groups has joined Congressman August Pfluger and fellow congressional Republicans to excoriate and oppose the Environmental...
DAILY OIL PRICE: April 15, 2024
Crude Oil: 85.41 (-0.25).
Nymex MTD AVG: 85.7927.
Natural Gas: 1.691 (-0.079).
Gasoline: 2.7839 (-0.0190).
Spreads: May/June (+0.55) June/July (+0.66).
Plains WTI Posting:...
ELAM: Gasoline prices set to soar
Jamie Dimon, CEO JP Morgan, predicts interest rates could reach 8% in a few years.
In a few years, how about, say, two years? Eight...
THE ECONOMIST: The short-term outlook for the US economy
The U.S. economy continues to defy the expectations of many, gaining jobs at a surprising pace given the challenges that seem to pop up...
Basin rig count down one as prices slip
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 316 rigs active...
DAILY OIL PRICE: April 12, 2024
Crude Oil: 85.66 (+0.64).
Nymex MTD AVG: 85.8200.
Natural Gas: 1.770 (+0.006).
Gasoline: 2.8029 (+0.0288).
Spreads: May/June (+0.58) June/July (+0.68).
Plains WTI Posting:...