Archives for 2017
Gasoline prices flatten out before projected rise
Prices at the pump have flattened out in the past week in anticipation of seasonal increases in the coming days and months. For the past week, including Monday, the Houston average for a gallon of...
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Texas leads sixth straight jump in rig count
Eight active drilling rigs were added to Texas oil and gas fields this week, offsetting a small dip in the rig count outside of the Lone Star State. The U.S. added five rigs actively drilling for...
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Market Currents: OPEC, NOPEC do not appear in compliance
Has no-one really done a ‘getting riggy with it’ pun yet? Ok then, here it goes. We’ve made it to Friday, which means we get a couple of data points to hold our attention at...
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New Exxon CEO endorses carbon tax
Two months after taking over the CEO suite at Exxon Mobil, Darren Woods confirmed the company would continue to support a tax on carbon dioxide. In a blog post on the company’s website, Woods writes,...
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Houston’s Hi-Crush Partners buying Permian Basin Sand Co.
Houston-based Hi-Crush Partners will buy the Permian Basin Sand Co. for $275 million to beef up its sand reserves to service rapidly growing drilling activity in West Texas. Hi-Crush is one of the biggest oilfield...
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