Archives for February 2019
Two pipelines hold joint open season to move crude oil from Permian Basin to Houston Ship Channel
Developers of two separate pipeline projects have combined forces to move crude oil from the Permian Basin of West Texas to multiple destinations along the Houston Ship Channel. Source: FuelFix
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Low Venezuelan oil output could fall another 50% by 2020
Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation’s crude output could fall another 50 percent by 2020, further imperiling the economic plight of its industry and citizenry, according to...
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Houston gasoline prices dip again
Gasoline prices fell for another week in Houston, staving off the anticipated seasonal spring rise in pump prices for now. Source: FuelFix
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Report: Texas crude oil production breaks 1970s record
Crude oil production in Texas has beat a previous record set in the 1970s, according to a new report. Source: FuelFix
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Oil near $52 after worst week since December on growth concerns
Oil slipped again, trading near $52 a barrel in New York after mounting concerns about the health of the global economy triggered the sharpest weekly price drop since December. Source: FuelFix
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