Archives for October 2019
Houston gas prices falling; U.S. average stays flat
Greater Houston fuel prices fell last week by an average of about 3 cents per gallon, but the national average stayed flat with losses in most states offset by gains in California and the West...
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Oil edges higher as market eyes trade talks later this week
Oil pared its biggest weekly drop since July ahead of the resumption of U.S.-China trade talks later this week that may sway a cloudy demand outlook. Source: FuelFix
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Nuclear plant outages averaged 2.7 gigawatts this summer
Outages of nuclear power generators averaged 2.7 gigawatts during the summer, about the same as during the summer of 2018, the Department of Energy reported. Source: FuelFix
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Drilling Down: Private equity-backed drillers heat up Permian Basin
A lot of the focus in the Permian Basin of West Texas goes to the oil majors and large independent exploration companies but there is still a lot of drilling being done by private equity-backed...
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U.S. oil and gas rig count falls again
For the seventh straight week, the nation’s number of active oil and gas drilling rigs fell. Source: FuelFix
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