Business
US Oil Storage Capacity Filling Up, Raising Fears Of Further Price Drop
Posted on · Crude oil production is still rising, even as hundreds of drilling rigs go offline.
Tag: crude oil
Business
What $50 Crude Means For Offshore Oil Production
Posted on · Rigs in the shallow waters of the Gulf of Mexico are falling silent. But farther away from shore, it's a different story.
Energy & Environment
With Keystone In Limbo, Enbridge Pipelines Carry Oil Sands Crude To Houston Refineries
Posted on · The new link does little to relieve shipping constraints on Canadian oil producers or U.S. farmers.
Energy & Environment
Crude Oil Drops Below $50 Per Barrel
Posted on · U.S. prices fell to their lowest level since April 2009, as fears of a worldwide oil glut mounted.
Bauer Business Focus
Michelle Michot Foss On The Outlook For Energy Markets In 2015
Posted on · The price of crude oil has fallen by nearly 50 percent since June. That's a relief to consumers, who are getting a big break when they gas up their cars. But it's also leading to layoffs across Texas as drilling rigs shut down. Michelle Michot Foss is chief energy economist at the University of Texas' Bureau of Economic Geology, based in Houston. She joins Andrew Schneider on the Bauer Business Focus.
Energy & Environment
Falling Oil Prices Expected To Crimp Texas Job Growth In 2015
Posted on · With crude oil trading below $70 per barrel, many companies see new fracking operations as unlikely to pay off.
Energy & Environment
Saudis’ Price Cut Behind Latest Drop For Texas Crude
Posted on · Saudis' oil price cut linked to fall in WTI crude price
Elections
Midterm Elections Could Strengthen Opponents of Crude Oil Export Ban
Posted on · A GAO report indicates ending the ban would boost U.S. crude production.
Business
Falling Oil Prices Put Squeeze On Houston Companies
Posted on · Crude oil prices have dropped roughly 20 percent since mid-June.
Energy & Environment
Rising US Crude Oil Production Buffers Prices From Mideast Violence
Posted on · Texas crude production in August was up 23 percent year-over-year.
Energy & Environment
Commerce Department Creaks Open Door To Exports Of Crude Oil
Posted on · Houston-based Enterprise Products has won a narrow exemption from the export ban.