Archives for 2016
Railroad Commission moves to eliminate paperwork for energy industry
The Texas Railroad Commission, which regulates oil and gas companies, is moving to eliminate some data collection and paperwork requirements for businesses. Commissioner Christi Craddick directed staff on Tuesday to evaluate the commission’s current practices...
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When it comes to presidential politics, energy plays second stage
So far this presidential campaign season, Hillary Clinton has talked about cracking down on hydraulic fracturing in this country. And Donald Trump has called for more fossil fuel production and less environmental regulations. But don’t...
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Venezuela’s oil production could fall half a million barrels a day in 2016, Barclays says
HOUSTON – For weeks, two competing market narratives have kept U.S. oil prices pinned just below $50 a barrel, with one side arguing big crude production outages could soon correct a global oversupply while others...
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Oil down in advance of ‘Brexit’ vote
Oil fell from the highest closing level in more than a week as markets awaited U.S. stockpile data, while the U.K. referendum on membership in the European Union remained too close to call. Futures slid...
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Market Currents: Nigerian oil exports holding up, Venezuelan exports fall
Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some profit-taking after two days of leaping higher, crude retraces....
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