DAILY OIL PRICE: August 29, 2024
Crude Oil: 75.91 (+1.39).
Nymex MTD AVG: 75.5059.
Natural Gas: 2.137 (+0.207).
Gasoline: 2.2477 (+0.0329).
Spreads: October/November (+1.24) November/December (+0.94).
Plains WTI Posting:...
Limited energy reserves holding China back
The People’s Republic of China is very ambitious, making no bones about its intention to surpass the United States economically and militarily and one...
DAILY OIL PRICE: August 28, 2024
Crude Oil: 74.52 (-1.01).
Nymex MTD AVG: 75.4914.
Natural Gas: 1.930 (+0.026).
Gasoline: 2.2148 (-0.0321).
Spreads: October/November (+1.08) November/December (+0.85).
Plains WTI Posting:...
DAILY OIL PRICE: August 27, 2024
Crude Oil: 75.53 (-1.89).
Nymex MTD AVG: 75.5274.
Natural Gas: 1.904 (-0.052).
Gasoline: 2.2469 (-0.0330).
Spreads: October/November (+1.07) November/December (+0.84).
Plains WTI Posting:...
Energy reform bill gains momentum
Energy industry support is building for the proposed Energy Permitting Reform Act of 2024, which proponents say would reduce permitting wait times, remove the...
DAILY OIL PRICE: August 26, 2024
Crude Oil: 77.42 (+2.59).
Nymex MTD AVG: 75.5273.
Natural Gas: 1.956 (-0.066).
Gasoline: 2.2799 (-0.0052).
Spreads: October/November (+1.25) November/December (+0.96).
Plains WTI Posting:...
ELAM: Stocks correct, oil seeking support
Crude oil has not heard my bullish forecast. It returned to the bottom of the trading range of $72-82 which has prevailed for several...
THE ECONOMIST: When the CHIPS are up!
The CHIPS and Science Act was approved about two years ago to support U.S. semiconductor production and innovation. It provides funds to encourage private...
GUEST VIEW: RRC’s steadfast commitment to plugging orphaned wells
By Chairman Christi Craddick
Railroad Commission of Texas
Recent media reports from West Texas have regurgitated false claims that there is a widespread epidemic of previously...
Basin rig count up three as prices decrease
The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 306 rigs active...