Archives for October 2019
Oil near 2-month low on swelling U.S. stockpiles, demand woes
Oil held near the lowest level in almost two months as American crude inventories expanded the most since May and disappointing U.S. economic data added to pessimism over the demand outlook. Source: FuelFix
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Methane emissions to be measured in Permian Basin
An environmental advocacy group announced it will launch a new effort in the Permian Basin to measure emissions of methane, a powerful greenhouse gas released during natural gas production and linked to global warming. Source:...
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Is oil headed back to $100 a barrel?
Between the huge influx of crude coming out of Texas shale fields and forecasts the gasoline-powered car is headed for extinction, it’s not hard to see why some investors are betting low oil prices are...
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Feds: Rio Grande LNG will not jeopardize survival of endangered ocelot, jaguarundi
The development of a natural gas pipeline and the Rio Grande LNG export terminal at the Port of Brownsville will not jeopardize the continued existence of the endangered ocelot and jaguarundi, a new report from...
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Oil prices continue plunge as crude stocks rise
The nation’s crude oil stocks rose more than expected last week, adding extra momentum to the downward spiral of oil prices. Source: FuelFix
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