FILE - In this July 28, 2016, file photo, former Michigan Gov. Jennifer Granholm speaks during the final day of the Democratic National Convention in Philadelphia. Biden is expected to pick Granholm as energy secretary.  (AP Photo/J. Scott Applewhite, File)

Energy & Environment

Weekly Oil Market Crash Update: Biden Expected To Name Former Michigan Gov. Jennifer Granholm As Energy Secretary

Posted on · Granholm will help oversee the Coronavirus recovery as well as the shift to a clean energy economy. Also this week, Exxon cuts 700 Houston workers and Parsley Energy sheds 230 from its Austin workforce. 

This May 9, 2012 file photo shows a drilling rig near Kennedy, Texas.

Energy & Environment

Weekly Oil Market Crash Update: Texas Oil And Gas Industry Still Contracting, But Some Indicators Show Recovery On The Way

Posted on · The industry has seen some slight gains, but the workforce has been shrinking for at least a year according to the latest Texas Petro Index. Plus more losses in the third quarter in oilfield services, and Republican Jim Wright will become the state's next oil and gas regulator.

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