Can a huge new oil field and famous artesian spring get along?
Executives from the Houston oil and gas exploration company Apache Corp. are driving to the tiny West Texas town of Balmorhea this week. There, they hope to quell fears that hydraulic fracturing operations from the...
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Market Currents: Is a distillate glut next?
Happy middle O’week! After temporarily ripping higher in response to a surprise draw to crude inventories, oil prices are looking lower once more, as bearish builds from the products more than offset this. Hark, here...
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Does Congress have authority to subpoena AGs over climate change?
Democrats and Republicans clashed Wednesday in a hearing examining the legal authority of House Republicans to force state attorneys general turn over documents related to their investigation into whether Exxon Mobil and other oil companies committed...
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Crude stockpiles slip as demand, consumption jump
Stockpiles of crude oil fell slightly last week after a huge decline the previous week, renewing hope that the energy industry is working through surplus supplies amid growing U.S. demand. Commercial crude inventories slipped by...
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Market Currents: OPEC members seeing record production
The combination of a strong US dollar and a weak IEA report is clobbering crude today. As the market limbers up for tomorrow’s EIA report, hark, here are five things to consider in oil markets...
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