Archives for October 2018
Oil steady near 4-year high as supply fears counter stock build
Oil steadied near the highest level in almost four years as fears of a supply crunch outweighed expectations for an increase in American crude inventories. Source: FuelFix
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Trump says Saudi king wouldn't last two weeks without U.S. help
President Donald Trump said the king of Saudi Arabia may not last two weeks without U.S. support, escalating pressure on one of his closest Arab allies to curb rising oil prices and pay for military...
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New Nafta drops a relic of energy crises past
With the U.S. gushing oil at record levels, America apparently no longer needs to preserve Canada as its emergency crude supplier. Source: FuelFix
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Report: Permian will need $300B over next 5 years to maintain growth
The Permian Basin will need $310 billion over the next five years in order to continue to grow and potentially add 3 million barrels of oil production by 2023. Source: FuelFix
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U.S. net gas exports more than double in 2018
Over the first half of 2018 U.S. net natural gas exports more than doubled, according to the U.S. Energy Information Administration. The gains came with the expansion of domestic LNG facilities, which averaged exports of...
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