Alex Mills Contributors 

Dallas Fed Survey Documents Oil Industry Expansion

The oil and gas business in Texas keeps getting better. The Federal Reserve Bank of Dallas released its business activity survey on Wednesday and almost all of the indexes “reflected expansion on a quarterly basis.” The release of the survey followed news of two large merger/acquisitions in Texas. Concho Resources Inc., based in Midland, announced the acquisition of RSP Permian,... Read More
Oil Market Rebalancing – Signs in the Caribbean 2018 March-April Midstream 

Oil Market Rebalancing – Signs in the Caribbean

Is the crude oil market still rebalancing, or is U.S. shale already starting to have an effect on supply? Inventory levels in the Caribbean can provide some insight. Using Ursa’s Caribbean inventory level data, we discovered a drastic draw in the U.S. Virgin Islands in the last 8 months: Between the end of July 2017 and March 2018, inventories in St. Croix... Read More
1 2 3 140