Summary of Weekly Petroleum Data for the week ending October 2, 2020 U.S. crude oil refinery inputs averaged 13.9 million barrels per day during the week ending October 2, 2020 Continue Reading
As the presidential election approaches, I am increasingly seeing claims that President Trump put the U.S. back on top as the world’s leading oil producer. So, let’s take a closer Continue Reading
About 80% of US Gulf of Mexico oil production was offline late Oct. 7, with more expected to come down in advance of Hurricane Delta. Receive daily email alerts, subscriber Continue Reading
The oil pipeline will run from Midland to Crane, Texas. Centurion Pipeline L.P. reported Tuesday that its Augustus Pipeline project in the Permian Basin is on schedule and slated to Continue Reading
The world as we know it would not exist without oil. It powers our economy, turbocharged the industrial revolution, and allowed us to travel across the world in a matter Continue Reading
Large pipeline operators in the U.S. shale patch are reducing fees to keep their upstream customers shipping crude from the Texas oilfields to the U.S. Gulf Coast amid a decline Continue Reading
It is the crown jewel of the U.S. shale industry, but it’s in crisis. Thousands of layoffs, numerous bankruptcies, canceled land auctions, plummeting rig counts, and fewer fracking crews have Continue Reading
As much as 70 percent of the more than 100,000 jobs lost in the U.S. oil, gas, and chemicals industries due to the pandemic may not return by the end Continue Reading
Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP. The collapse Continue Reading
It’s been a bad few years for investors in shale companies, but a pretty good few years for shale company CEOs. The leaders of U.S. shale companies received some of Continue Reading
