Archives for December 2019
Texans paid 9.6 cents per kilowatt hour for power in August
The average retail price of electricity Texans paid in August jumped to 9.6 cents per kilowatt hour, reflecting triple-digit temperatures and record-setting wholesale power prices. Source: FuelFix
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Permian Basin leads decline in U.S. oil and gas rig count
After increasing by 14 last week, the rig count has resumed its decline. Source: FuelFix
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Texas oil and gas activity contracted in fourth quarter
The Dallas Fed’s business activity index, a measure of oil and gas business conditions, rose but remained negative this quarter. Source: FuelFix
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Crude oil inventories dip as refineries boost production
The nation’s crude oil inventories dipped as refineries boosted production of gasoline, diesel and other products. Source: FuelFix
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Magnolia LNG's supply deal with Vietnam takes another step forward
A liquefied natural gas supply deal between the proposed Magnolia LNG export terminal in Louisiana and the Vietnamese government took a major step forward. Source: FuelFix
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