Archives for September 2018
ONEOK to spend more than $1B on Mont Belvie processing, pipelines
Tulsa-based ONEOK said it will invest more than $1 billion on a new natural gas liquids processing plant in Mont Belvieu and on a major pipeline running from Oklahoma to the Houston region. Source: FuelFix
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Hi-Crush idles fracking sand plant
Houston-based Hi-Crush Partners said it is idling one of its Wisconsin sand mine plants because of weakening demand triggered by oil pipeline constraints in West Texas’s Permian Basin. Source: FuelFix
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Oil climbs after Perry says U.S. won't tap emergency supplies
Oil climbed after the U.S. Energy Secretary ruled out the release of emergency crude reserves, adding to concerns that the loss of Iranian supplies will tighten markets. Source: FuelFix
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Rick Perry: U.S. doesn't plan to use petroleum reserve to reduce prices
The U.S. has no plans to tap the nation’s emergency oil stockpile to offset supply losses from Iran, according to U.S. Energy Secretary Rick Perry. Source: FuelFix
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Texas led the way for recovery among oil-producing states
In the four years since oil prices began to collapse, Texas has led the industry recovery and was the “most resilient” of the top energy producing states, according a new analysis. Source: FuelFix
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