Archives for 2018
Texas' Permian oil field sees slowing labor market
The Permian Basin in West Texas may still be growing but some parts linked to the oil economy are slowing, according to a new government report. Source: FuelFix
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Gasoline prices fall again; below $2 a gallon at some Houston stations
Gasoline prices again fell sharply in Houston, with some some stations charging below $2 a gallon Source: FuelFix
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Oil rises from one-year low even as concerns of glut persist
Oil rose from its lowest settlement in more than a year in New York, though signs of record output from Saudi Arabia amid pressure from President Donald Trump continued to weigh on the market. Source:...
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Saudi daily oil output surpasses record 11 million barrels
Saudi Arabia is pumping more crude than at any time since its first barrel was extracted 80 years ago, responding to pressure from U.S. President Donald Trump to keep driving oil prices lower. Source: FuelFix
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Shale boom raises specter of new glut: Gulf Coast oil terminals
The race to export U.S. shale oil overseas is about to get fierce, with at least nine proposed terminals angling for a piece of a very limited pie. Within 18 months, new pipelines opening in...
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