Archives for January 2017
Barry Smitherman, former Railroad commissioner, leaves Vinson & Elkins law firm
Energy lawyer and former energy regulator Barry Smitherman resigned his partnership at Vinson & Elkins on Friday. Smitherman, who joined the firm less than two years ago and practiced out of the firm’s Austin office,...
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Rig count leaps by 35, largest jump in 5 years
The number of oil and gas rigs in U.S. fields skyrocketed this week, up 35 over last week — the largest increase in five years, since the U.S. shale revolution was booming. After a dip...
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Market Currents: Chinese oil demand pace to slow?
Crude is ripping higher into the weekend, as the ebb and flow of OPEC production cut expectations swing towards the bulls once more (the drop in Saudi export loadings this month are looking pretty tasty,...
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Study finds that deregulated power markets decrease cost of generating power by $3 billion a year
Deregulated utility markets decrease the cost of generating electricity by $3 billion per year, according to a study from the Energy Policy Institute of the University of Chicago. A majority, more than 60 percent, of...
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Tauber oil to pay $700,000 to settle EPA case
Houston-based Tauber Oil Co. reached a settlement with the U.S. Environmental Protection Agency and will pay a $700,000 fine to resolve allegations it violated the Clean Air Act. The government accused the privately-held company of...
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