Archives for August 2019
Energy Transfer seeks five-year extension to build Lake Charles LNG export terminal
Dallas pipeline operator Energy Transfer is asking federal regulators for a five-year extension to build the company’s proposed Lake Charles LNG export terminal. Source: FuelFix
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West Texas' Permian Basin leads yet another rig count dip
Another week and there’s yet another dip in the active drilling rig count. The nationwide rig count fell by 12 active rigs to bring the nationwide total tally down to 904 rigs. Source: FuelFix
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Oil heads for biggest weekly gain in seven on trade war optimism
Oil headed for its biggest weekly increase since mid-July after a sizable drop in American crude inventories and an apparent pause in U.S.-China trade hostilities eased demand fears. Source: FuelFix
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Shale boom may have contributed 1 percent to U.S. GDP: analysis
The shale boom that led to cheaper fuel prices, increased consumer spending and less crude oil imports may have had a significant positive effect on the U.S. economy, researchers found. Source: FuelFix
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Texas energy sector grows, but slowdown looms
The Texas energy sector has managed to add jobs and increase oil and gas production in the past 12 months despite lower oil prices, but fears of a slowdown loom for the rest of this...
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