Archives for March 2018
U.S. shale leading oil growth as rest of the world falls behind
The U.S. is expected to take over as the world’s leading oil producer this year and continue to dominate crude growth by far for at least the next five years, the the International Energy Agency...
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U.S. to dominate oil markets in years ahead
The U.S. will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said. Source: FuelFix
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Houston drivers begin to see higher gasoline prices
The price of gasoline in Houston and across the country rose slightly for the first time in a month as refiners undergo seasonal maintenance and transition to pricier fuel blends for the summer driving season....
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Houston businesses, oil industry could get hit hard by steel tariffs
The oil and gas industry that dominates Houston’s economy uses imported steel for most of the equipment underpinning drilling, refining and pipeline operations. Oil companies will almost certainly have to cancel or slow the development...
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