FuelFix
Oil inventory levels fall, while the fuels glut grows
The nation’s crude oil storage levels fell by 2.4 million barrels last week — helping to alleviate a global glut — but that positive industry news was more than offset by a 3.4 million barrels...
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Market Currents: Is NOPEC just a duo?
As the meeting of NOPEC fast approaches this weekend, the mood in the oil market has shifted from euphoria to skepticism, as questions remain around the intent of key producers. With that in mind, hark,...
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Oil extends slide on U.S. supply outlook, OPEC follow-up talks
Oil fell in New York on speculation that OPEC production cuts will bolster U.S. shale production, and amid signs that the organization won’t insist all its partners deliberately reduce output. Futures fell 1 percent in...
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Railroad Commission spends millions plugging hundreds of orphan wells
The Railroad Commission of Texas, the state’s regulator of the oil and gas industry, spent millions of dollars plugging hundreds of wells in 2016, but it still fell short of its goal to plug nearly...
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Pipeline protesters in West Texas asking for help from Standing Rock
Protesters were arrested in West Texas on Tuesday morning in front of a pipeline being built from the Permian Basin to Mexico. Members of the Big Bend Defense Coalition were protesting Dallas-based Energy Transfer Partners...
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