The Beginning Of The End For Gas Flaring
The Texas Railroad Commission last month surprised many: it said it would tighten the rules for gas flaring at oil fields later this year. Texas is certainly not the state Continue Reading
Texas Regulators Ask Washington To Act Against Saudi Oil Dumping In U.S.
The federal government should take steps against Saudi Arabia and Russia’s dumping of oil on the American market during the Covid-19 crisis, the chairman of the Texas Railroad Commission has Continue Reading
The Permian Creates Task Force To Protect US Shale From Market Manipulation
The Odessa Development Corporation (ODC) launched this week ‘The Permian Fuels America’ task force to protect the U.S. industry from oil market manipulation initiated by other countries, convince refiners to Continue Reading
States fight Trump water quality rule meant to clear energy project delays
A coalition of 21 attorneys general has filed suit in federal district court to block the Trump administration’s efforts to rein in state delays of energy infrastructure through their water Continue Reading
Tesla chooses Texas for new Cybertruck factory
Tesla will build its $1.1 billion Cybertruck factory near Austin, Texas, ending an intense competition with neighboring Oklahoma, the electric carmaker’s chief executive, Elon Musk, announced late on Wednesday. The Continue Reading
Who still needs the office? U.S. companies start cutting space
Corporate America is downsizing its real estate footprint as companies allow more employees to work from home, a growing threat to the bottom line of owners of traditional office buildings Continue Reading
Aviation Chiefs Seek Tesla-Like Disruptor to Drive Clean-Up
The next breakthrough in aircraft design is likely to come from a “disruptor” rather than the two dominant planemakers, Boeing Co. and Airbus SE, according to one of the industry’s biggest customers. “I’m looking Continue Reading
Halliburton Looks Beyond Shale As Fracking Remains Unprofitable
Way back in January (it’s been a long year) Hallburton was already souring on shale. Way before the novel coronavirus put the final nail in the coffin of the West Continue Reading
China Says U.S. Ordered Abrupt Closure of Houston Consulate
China vowed retaliation after the U.S. forced the closure of its Houston consulate, in one of the biggest threats to diplomatic ties between the countries in decades. The U.S. government gave China Continue Reading
Summary of Weekly Petroleum Data for the week ending July 17, 2020
U.S. crude oil refinery inputs averaged 14.2 million barrels per day during the week ending July 17, 2020 which was 103,000 barrels per day less than the previous week’s average. Continue Reading