News
Baker Hughes to become independent again in stock sale
Boston industrial conglomerate General Electric will lose its majority ownership of Houston oilfield service company Baker Hughes in a planned stock sale. Source: FuelFix
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Fuel prices fall to their lowest since March
Fuel prices fell by another 5 cents per gallon last week in the Houston area, bringing gasoline costs to their lowest levels since March. Source: FuelFix
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He paid $1.50 an acre for barren Texas land now worth $7 billion
So much of the Permian Basin is under production that the lights glowing at night, on well pads and rigs and double-wide trailers, make the place look in NASA satellite photos like a giant Lite...
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Oil extends gains ahead of U.S. stockpile data, OPEC+ meeting
Oil extended its advance as U.S. stockpiles were estimated to have dropped and OPEC+ members gathered in the United Arab Emirates ahead of meetings this week. Source: FuelFix
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Natural gas prices expected to stay low through 2024
U.S. natural gas prices are expected to stay low over the next five years, as the possibility of recession looms over the global economy, the research firm S&P Global Platts Analytics reported Monday. Source: FuelFix
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