Archives for June 2019
Coal consumption continues to drop, despite Trump's efforts
Despite efforts by the Trump administration to revive the U.S. coal industry, the nation’s appetite for coal continues its long decline. Source: FuelFix
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Gas prices fall again in Houston
Houston drivers are continuing to escape the normal uptick in pump prices at the start of the summer thanks to falling oil prices and rising gasoline inventories. Source: FuelFix
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Dallas Cowboys owner's Comstock Resources buying Haynesville firm for $1.6B
The oil and gas firm controlled by Dallas Cowboys owner Jerry Jones will buy another Dallas firm for about $1.6 billion to become a leading natural gas producer in the Haynesville shale. Source: FuelFix
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Russia warns of weakening oil even as it holds out on OPEC+ deal
Saudi Arabia and Russia, the two largest producers in the OPEC+ coalition, voiced concerns that falling oil demand could send prices below $40 a barrel as they met in Moscow on Monday. Source: FuelFix
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Bulls beware: The 2020 oil market is quickly turning ugly
Oil bulls thought 2020 would be their year. After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a...
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