Archives for 2019
Shale boom may have contributed 1 percent to U.S. GDP: analysis
The shale boom that led to cheaper fuel prices, increased consumer spending and less crude oil imports may have had a significant positive effect on the U.S. economy, researchers found. Source: FuelFix
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Texas energy sector grows, but slowdown looms
The Texas energy sector has managed to add jobs and increase oil and gas production in the past 12 months despite lower oil prices, but fears of a slowdown loom for the rest of this...
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New Exxon Mobil production vessel arrives off the coast of Guyana
Exxon Mobil’s first oil production vessel has arrived off the coast of Guyana as the United States’ largest oil major prepares for massive growth along the small South American nation. Source: FuelFix
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Trump tweets ethanol changes coming
President Donald Trump suggested Thursday his administration was going to take steps to boost ethanol production, as refineries and corn farmers argue over a more than decade-old mandate requiring ethanol be blended into the nation’s...
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Icahn attacks Oxy over potential board additions
After Occidental Petroleum Chief Executive Vicki Hollub discussed adding members to the Oxy board this week, activist investor Carl Icahn said he’s against any appointments that don’t come from his slate of opposition candidates. Source:...
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