Archives for March 2019
Houston leads as Texas ships out 80% of nation's crude exports
The Houston Ship Channel region is shipping out more than 35 percent of the nation’s crude oil exports after the Houston area roughly tripled its volumes from 2017 to 2018. Source: FuelFix
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Refinery fires could drive rising gas prices higher
Gasolines prices continued their climb locally and nationally and they could jump higher following refinery fires Texas and California, according to GasBuddy, which tracks gasoline prices across th the country. Source: FuelFix
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Oil slips as OPEC+ defers decision on production cuts to June
Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June. Source: FuelFix
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OPEC+ affirms commitment to cuts, defers decision to extend
Saudi Arabia led fellow members of the OPEC+ coalition to reaffirm their commitment to output cuts, but conceded they should defer until June the decision on whether to extend the curbs. Source: FuelFix
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Drilling Down: Diamondback going after diverse targets
Midland oil company Diamondback Energy is preparing to target a diverse group of fields and geological layers on state-owned lands in the Permian Basin of West Texas. Source: FuelFix
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