Archives for October 2019
Oil trading in U.S. Gulf dries up as tanker rates skyrocket
Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market participants. Source: FuelFix
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Oil steady after two days of losses as demand outlook worsens
Oil steadied near $53 a barrel after two days of declines as the fragile economic environment and unresolved U.S.-China trade war continue to deteriorate the outlook for global fuel demand. Source: FuelFix
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Texas added more wind this summer, ERCOT says
Texas continued to add more wind capacity this summer compared to last summer, according to the state’s grid manager. Source: FuelFix
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Comment: Energy companies taking proactive approach on climate
With the rollback of Obama-era environmental regulations during the Trump administration, environmental groups have expressed concern that the environment will suffer. Many oil and gas companies, however, are voluntarily taking measures to reduce greenhouse gas...
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New study blames fracking on some Permian Basin earthquakes
A new study from the University of Texas at Austin reveals that some earthquakes in the Permian Basin are being caused by hydraulic fracturing. Source: FuelFix
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