Archives for August 2018
How solar swept the U.S. power grid
A new report by the U.S. Energy Information Administration explains how a dramatic fall in the cost of solar panels has allowed that technology to sweep the U.S. power grid.The second largest source of new...
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Oxy posts growing quarterly profit of $848 million
Houston’s Occidental Petroleum posted a quarterly profit of $848 million that jumped more than 65 percent from $507 million during the same three months last year. Source: FuelFix
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Plains All American profit dips, but earnings exceed expectations
Houston’s Plains All American Pipeline posted a $100 million quarterly profit that dipped from last year, but still managed to exceed most of Wall Street’s expectations. Plains’ second-quarter profit fell from $188 million during the...
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Apache to fund Balmorhea State Park repairs
When the iconic spring-fed pool at West Texas’ Balmorhea State Park was shuttered in May, many feared the nearby oil and gas operations of Apache Corp. triggered the collapse of a concrete wall. The Texas...
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