FuelFix
Market Currents: Nigerian & Libyan oil exports up over a million barrels per day
After a strong sell-off in recent days, option expiry combines with OPEC cut expectations to emphatically rally prices on this third Tuesday in November. Hark, here are five things to consider in oil markets today:...
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USGS: Wolfcamp shale holds 20 billion undiscovered barrels of oil
Drillers have wrung oil out of West Texas for a century, but there’s still plenty left in untapped shale rocks. In its first assessment of the Wolfcamp shale, the U.S. Geological Survey estimated the formation...
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Energy Transfer files lawsuit to complete Dakota Access Pipeline
Dallas-based Energy Transfer Partners filed a lawsuit asking for federal court intervention to finish building the controversial Dakota Access Pipeline without final approval from the U.S. Army Corps of Engineers. The court filing comes just...
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Texas relies heavily on other states’ coal, and keeps all its own
Texas received the most coal of any state in the country in 2015, while none of the 36 million short tons of coal produced in Texas leave the state, according to the latest coal distribution...
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Oil drilling in Permian matches rest of U.S.
U.S. oil drilling activity is concentrating in West Texas’ Permian Basin. The Permian, which stretches into southeastern New Mexico, now holds nearly as many active oil rigs as the rest of the country combined, including...
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