Archives for 2018
Oil supply fears have abated as production rises, IEA Says
Fears about global oil supplies have receded after producers pumped more, according to the International Energy Agency, which a month ago warned of a potential shortage. Source: FuelFix
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Gas pipeline capacity into Texas, Louisiana rising
According to the U.S. Energy Information Administration, natural gas pipeline capacity into the “South Central” United States will reach almost 19 billion cubic feet a day by the end of this year, almost twice what...
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Utility regulators: Does Texas really need Power to Choose?
State regulators adopted modest changes to the electricity shopping website Power to Choose but questioned whether they should maintain the often criticized site at all. Source: FuelFix
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Diamondback paying $1.2B for Permian assets of Houston's Ajax Resources
Diamondback Energy said it will pay $1.2 billion for the assets of a Permian Basin-focused Houston startup. The cash-and-stock deal involves Midland-based Diamondback effectively buying out the private equity-based Ajax Resources, which was just formed...
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U.S. oil vanishing from China tariffs reveals American clout
The removal of U.S. crude from goods targeted by Chinese tariffs is a sign that America has become too big to ignore in the oil market. Source: FuelFix
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