Archives for 2020
Enviromentalists intensify third-party methane monitoring in Permian Basin
Environmentalists are no longer relying on government regulators and oil companies to monitor methane pollution in the nation’s largest oil field, they are using planes, helicopters, mobile vans and sensors on top of cell phone...
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Demand for gasoline is plummeting all over the world
U.S. gasoline demand has collapsed so much that the average station sold less than two tanker trucks’ worth. Source: FuelFix
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Oil moves higher as producers near deal on cutbacks
Oil resumed gains on signs that the world’s biggest producers are moving toward a deal to end their price war. Source: FuelFix
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STEP Energy Services accelerates layoffs as market conditions crumble
Spring oilfield service company STEP Energy Services plans to accelerate planned layoffs in Texas and Oklahoma as market conditions continue to crumble for the oil industry. Source: FuelFix
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Railroad Commissioner asks state officials to extend oil & gas tax deadlines
Railroad Commissioner Christi Craddick, one of three officials elected to regulate the Texas oil & gas industry, is asking state officials to extend a monthly deadline for production taxes to help companies weather record low...
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