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Extension of Production Cuts Reenergizes Upstream Activity in Texas 2018 January-February Alex Mills Contributors 

Extension of Production Cuts Reenergizes Upstream Activity in Texas

The agreement among major crude oil exporters to extend production cuts through next year has had the unintended consequence of breathing new life into the revival of upstream oil and gas activity in Texas, according to Karr Ingham, the creator of the Texas Petro Index, which increased for the 11th consecutive month in October to 183.2. “According to the TPI,... Read More
Survey: Texas Best Place For Oil And Gas Investment 2018 January-February Alex Mills Contributors 

Survey: Texas Best Place For Oil And Gas Investment

Petroleum industry executives think Texas is a good place to do business.  As a matter of fact, they think it is the best place in the world for investment in oil and gas exploration and production, according to a recent survey. The Fraser Institute recently issued its 11th annual survey of petroleum industry executives and managers regarding barriers to investment... Read More
Gasoline, Crude Oil Prices Hold Firm #OilmanNEWS 2018 January-February Alex Mills Contributors 

Gasoline, Crude Oil Prices Hold Firm

Gasoline prices followed crude oil prices upward during the Thanksgiving weekend. Crude oil prices on the New York Mercantile Exchange closed at $58.02, and retail regular-grade gasoline averaged $2.57 cents per gallon. The Energy Information Administration (EIA) said gasoline increased 41 cents per gallon from the same time last year. “Although gasoline prices are higher than in both 2015 and... Read More
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