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.
Posted on · Crude oil production is still rising, even as hundreds of drilling rigs go offline.
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.
Posted on · The new link does little to relieve shipping constraints on Canadian oil producers or U.S. farmers.
Posted on · U.S. prices fell to their lowest level since April 2009, as fears of a worldwide oil glut mounted.
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.
Posted on · With crude oil trading below $70 per barrel, many companies see new fracking operations as unlikely to pay off.
Posted on · Saudis' oil price cut linked to fall in WTI crude price
Posted on · A GAO report indicates ending the ban would boost U.S. crude production.
Posted on · Crude oil prices have dropped roughly 20 percent since mid-June.
Posted on · Texas crude production in August was up 23 percent year-over-year.
Posted on · Houston-based Enterprise Products has won a narrow exemption from the export ban.