Archives for 2016
Gasoline prices in Texas have fallen 4 cents this week
The average price for retail gas in Texas has dropped 4 cents this week, settling at an average of $1.96 for a gallon for regular unleaded fuel. AAA Texas said Thursday that the average is...
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Valero Energy Partners’ earnings rise 45 pct. in Q2
San Antonio-based Valero Energy Partners’ second-quarter earnings rose 45 percent, exceeding analysts’ estimates. The company earned $49 million, or 67 cents per unit, in the three months ended June 30, the company said in a...
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Greenspan says oil price probably has hit bottom
Former Federal Reserve Chairman Alan Greenspan suggested that oil prices have probably bottomed out at about $40 per barrel after tumbling more than 20 percent in the past two months into a bear market. RELATED: Oil...
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Market Currents: Venezuelan oil exports to U.S. reach a 2016 high
As crude hopscotches back above the $40 level, it is once again being used as a trampoline, propelling prices higher. Despite the Bank of Blighty (England) cutting interest rates for the first time in seven...
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Dynegy posts loss while preparing for Texas growth
The loss comes at a time when Dynegy is launching new logos and branding as it acquires 17 power plants, including six in Texas, by the end of the year in deals with Paris-based Engie,...
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