Archives for 2019
NRG buys another power retailer
The Texas retail electricity market just shrunk again with the announcement that NRG Energy, the Houston and New Jersey based power company, is buying the retail power and natural gas business of Dallas-based Stream Energy...
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Venezuelan crude production falls to lowest level in 16 years
Amidst a growing political crisis and international pressure, Venezuela’s oil production fell to 830,000 barrels a day last mont, the lowest level since 2003, according to the U.S. Energy Information Administration. Source: FuelFix
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Gas prices fall again
Gasoline prices in Houston fell for the second consecutive week as commodity markets weakened over trade tensions and refiners began increasing production. Source: FuelFix
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Oil rises as OPEC signals continued cuts and U.S. threatens Iran
Oil rose after Saudi Arabia and other OPEC+ members signaled their intention to keep supplies constrained, while U.S. President Donald Trump ratcheted up tensions with Iran. Source: FuelFix
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OPEC signals intention to keep limits on oil supply all year
Saudi Arabia and other key producers in OPEC signaled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages. Source: FuelFix
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