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...
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Highest Thanksgiving Gas Prices Since 2014 to Hit Motorists
GasBuddy projects that Thanksgiving will see the highest average gas prices since 2014 as the country prepares for the busiest traveling weekend of the year....
Tax Reform Debate Continues In Congress
by Alex Mills
The controversy over tax reform efforts by the U.S. Congress was expected because any time there is a change in tax laws there are winners...
Devon Energy Reports Year-To-Date Sales of Nearly $10 Billion
by Tim McNally
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...
Oil and Gas Industry Future Looks ‘Attractive’
by Alex Mills
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a...
Oil and Gas Index Shows Texas Producers Continuing to Recover
by Alex Mills
WICHITA FALLS—Upstream oil and gas activity in Texas sustained a modest expansion into the 10th straight month in September, according to the Texas Petro Index,...
Largest Oil and Gas Lease Sale Set to Take Place in New Orleans
The U.S. Department of the Interior (DOI) announced on October 24 that they would be accepting bids for an offshore oil and gas area which...
Confusion Reigns Supreme In Analysis Of Oil Market
by Alex Mills
Conflicting news about crude oil supply and demand created confusion for oil traders last week. In summary: refinery runs were back to normal; petroleum exports...
Low Electricity Prices Doom Two Coal Plants In Texas
by Alex Mills
Texas has been blessed with abundant sources of energy. Crude oil and natural gas have made Texas a powerhouse for about 100 years. Coal has...
Lake Pontchartrain Explosion Brings Attention to Operations in the Region
The recent, tragic explosion on an oil rig on Lake Pontchartrain in Louisiana has brought attention to the largely overlooked oil operations that were and...