Archives for May 2019
Gas prices fall again
Gasoline prices in Houston fell for the second consecutive week as commodity markets weakened over trade tensions and refiners began increasing production. Source: FuelFix
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Oil rises as OPEC signals continued cuts and U.S. threatens Iran
Oil rose after Saudi Arabia and other OPEC+ members signaled their intention to keep supplies constrained, while U.S. President Donald Trump ratcheted up tensions with Iran. Source: FuelFix
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OPEC signals intention to keep limits on oil supply all year
Saudi Arabia and other key producers in OPEC signaled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages. Source: FuelFix
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Drilling Down: Saltwater disposal well boom in the Permian Basin
There is a drilling boom for saltwater disposal wells under way in the Permian Basin of West Texas. Source: FuelFix
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SEC investigating Alta Mesa's finances
The U.S. Securities and Exchange Commission is investigating the Houston oil and gas company Alta Mesa Resources for potential fraud amid admitted failures in its financial reporting. Source: FuelFix
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