GasBuddy Reveals Top Money-Wasting Habits When Buying Gas #OilmanNEWS 2018 March-April Downstream 

5 Top Money-Wasting Habits When Buying Gas

GasBuddy announced its latest survey findings on American motorists’ fuel-purchasing habits, revealing that drivers are prone to overpaying by at least 20 cents per gallon at the pump1 due to factors such as laziness and procrastination. GasBuddy conducted the study to glean insights on how consumers decide where and when to stop for fuel, and explain how these decisions could… Read More
U.S. Crude Oil Production Heads Toward Record #OilmanNEWS 2017 November-December Alex Mills Contributors 

U.S. Crude Oil Production Heads Toward Record

Crude oil production in the U.S. continues to push higher approaching the mythical 10-million-barrels-per-day mark, a level that has never been achieved. The rise in production has resulted in a decline in the price of oil and gasoline. The Energy Information Administration (EIA) reported this week U.S. oil production reached 9.78 million barrels per day (b/d), and the American Petroleum… Read More
Gasoline, Crude Oil Prices Hold Firm #OilmanNEWS 2017 November-December 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
Devon Energy Reports Year-To-Date Sales of Nearly $10 Billion #OilmanNEWS 2017 November-December Oklahoma 

Devon Energy Reports Year-To-Date Sales of Nearly $10 Billion

Oklahoma City-based Devon Energy Corp recently reported fairly strong third-quarter results for 2017, besting their midpoint estimate for hurricane-adjusted guidance. The firm reported net earnings of $228 million, or $0.43 cents per diluted share, for Q3 2017, compared to $993 million for the same time period in 2016. This amounts to a $1.2 billion year-to-date (YTD) profit for the company… Read More
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