Archives for 2018
In response to Trump, Saudis ramp up oil exports into the U.S.
Saudi oil shipments into the U.S. reached a four-week average of one million barrels a day last week for the first time since late 2017, according to government data, and are up roughly 250,000 barrels...
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Crude inventories continue to fall, while gasoline stocks grow
U.S. crude oil inventories continued to fall at the end of August while oil prices remained little changed in the high-$60s. Source: FuelFix
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Texas grid operator says power generation will meet demand this fall
After a summer of record-breaking electricity use that stretched supplies in Texas, the state’s grid operator says it will have enough power to meet demand this fall. Source: FuelFix
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Enterprise Products wants offshore permitting complete by 2020
Permits for an offshore crude oil export terminal south of Galveston could be approved in 2020, according to the company pushing the project. Source: FuelFix
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Lucid Energy signs natural gas transport deal with Marathon Oil
A Dallas-based natural gas pipeline and processing company has signed an agreement with Marathon Oil Co. to handle gathering operations across some of its New Mexico acreage. Source: FuelFix
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