Archives for August 2019
Houston gas prices fall for fourth week
Gasoline prices fell for the fourth straight week in Houston as worries about a recession and stock market volatility drove down oil prices last week. Houston gas prices fell nearly 5 cents last week, averaging...
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Oil rises as drone attack on Saudi oilfield stokes Mideast fears
Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports. Source: FuelFix
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Drilling Down: Encana roars back to life with Permian Basin projects
Canadian oil company Encana is roaring back to life as the company prepares for a large round of horizontal drilling in the Permian Basin. Source: FuelFix
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Saudi Arabia's oil price promise just doesn't add up
Saudi Arabia isn’t as willing to do whatever it takes to support oil prices as it would have us believe. That’s the only conclusion one can draw from what we’ve learnt since a government official...
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Drilling rig count ticks up slightly
The number of active drilling rigs in the country rose by one this week, but there were larger swings within individual states and basins such as Texas and West Virginia each losing four rigs while...
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