ELAM: Oil corrects, tech stocks top

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Berkshire now owns a 27% stake in Occidental Petroleum worth $13.6 billion. — December 14, 2023 That is Warren Buffet’s BRK company. June crude oil hit...

THE ECONOMIST: A perilous purge

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Since the expiration of COVID-19-related provisions requiring states to keep residents enrolled in Medicaid, an estimated 2.1 million Texans have lost their coverage. Texas...

US rig count down six as prices rise

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The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 317 rigs active...

DAILY OIL PRICE: April 26, 2024

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Crude Oil: 83.85   (+0.28). Nymex MTD AVG: 84.6868. Natural Gas: 1.614   (-0.024). Gasoline: 2.7646   (+0.0064). Spreads: June/July   (+0.72)   July/August   (+0.78). Plains WTI Posting:...

ExxonMobil profit declines in 1st quarter as natural gas prices fall

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By MICHELLE CHAPMAN AP Business Writer ExxonMobil's profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company...

DAILY OIL PRICE: April 25, 2024

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Crude Oil: 83.57   (+0.76). Nymex MTD AVG: 84.7872. Natural Gas: 1.638   (-0.015). Gasoline: 2.7582   (+0.0239). Spreads: June/July   (+0.82)   July/August   (+0.82). Plains WTI Posting:...

PUCT adopts second rule for implementation of the Texas Energy Fund

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AUSTIN The Public Utility Commission of Texas (PUCT) on April 25 adopted a new rule to implement the Texas Energy Fund Completion Bonus Grant...

Strict new EPA rules would force coal-fired power plants to capture emissions or shut...

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By MATTHEW DALY The Associated Press WASHINGTON Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday...

RRC commissioners assess over $2 million in penalties

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AUSTIN The Railroad Commission of Texas assessed $2,456,002 in fines involving 711 enforcement dockets against operators and businesses at the Commissioners’ Conference on Wednesday....

Billionaire Texas oilman inks deal with Venezuela’s state-run oil giant as US sanctions loom

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By JOSHUA GOODMAN The Associated Press MIAMI A company started by a Texas billionaire oilman announced a deal Wednesday with Venezuela's state-owned oil company to...