Archives for 2018
Inventories rise with oil at lowest price since March
The nation’s stockpile of commercial crude oil continued to rise with the country’s oil production churning out crude at record volumes and U.S. oil prices now down to their lowest levels since March. Source: FuelFix
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Heating is biggest home energy expense for U.S. households
U.S. households use the most energy heating their homes and heating their water, accounting for 62 percent of total household energy consumption, according to the Energy Department. Source: FuelFix
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Midterms shift balance in Washington for oil sector
After almost a decade of oil-friendly Republicans controlling Congress, the energy sector faced a dramatically different landscape on Capitol Hill Wednesday. Where Republicans pushed an end to the oil export ban and looser environmental regulations...
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Energy industry triumphs in Washington, Colorado, but gas tax stands in California
Two energy-related propositions that saw the oil and gas industry pump tens of millions of dollars into Washington state and Colorado were defeated Tuesday, while a rollback on California’s gas tax was voted down. Source:...
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QEP Resources sells Williston acreage for $1.7B to new Vantage Energy
Major Permian Basin operator QEP Resources said Wednesday it sold its Williston Basin acreage in North Dakota and Montana to a new publicly traded company called Vantage Energy. Source: FuelFix
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