Tag Archives: oil

Corpus Christi Port Ramps Up After Crude Oil Export Ban Lifted: New Pipelines Proposed Linking Permian Basin To Port

CORPUS CHRISTI, Texas -A surge in production in the Permian Basin of west Texas, already the nation’s highest producing oilfield, is extracting more crude oil than refiners in Texas can handle. But now, producers in the Permian have new outlets for that oil with economic … Continue reading

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In Victory For Protesters, Army Halts Construction On Dakota Pipeline

The Army Corps of Engineers says it’s denying a permit for building the oil pipeline right above the Standing Rock Sioux Reservation. The move comes after months of protests.

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Texas Town’s Fortunes Rise And Fall With Pump Jacks And Oil Prices

The middle class has shrunk faster in Midland, Texas, than nearly anywhere else in the U.S. Overall, more people are getting rich than falling behind. But extreme booms and busts make life precarious.

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As Oil Labor Force Shrinks, West Texas Food Bank Expands

Oil has been trading below $30 a barrel this week and that’s bad news for the labor force in the Permian Basin. Some workers aren’t just out of a job, they’re barely staying afloat. But there’s one safety net that’s gotten … Continue reading

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Oil Prices Drop After U.S. Lifts Sanctions Against Iran

The prospect of Iranian oil adding to the global flood of crude pushed prices further down on Monday, with Brent crude, the international benchmark for crude oil, touching its lowest level since 2003 – below $28 dollars per barrel. International … Continue reading

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Energy Outlook, with Reporter Lorne Matalon

TUESDAY, JANUARY 12: This is a transcript of our discussion on the drop in oil prices and outlook for the future, with reporter Lorne Matalon and host Tom Michael. MICHAEL: Monday was a rough day for oil and gas markets. Prices fell more than … Continue reading

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Borderland Exodus: Towns On Path Of Proposed Mexican Pipelines Suffer Rash Of Violence

GUADALUPE, Chihuahua — People living in the Juárez Valley southeast of Ciudad Juárez  and El Paso, Texas allege that land speculators preparing for the start of oil and gas production have spurred a land grab that’s forced what some claim … Continue reading

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Porter Takes Over as Railroad Commission Chairman

The Texas Railroad Commission has a new leader. The state’s three-member oil and gas regulator on Tuesday unanimously elected David Porter as its chairman. He replaces Christi Craddick in the largely ceremonial role. Porter, who formerly ran a Midland accounting … Continue reading

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Ran Off The Rig: An Oil Worker’s Diary

PRODUCER’S NOTE: When oil prices fall, like they’ve done over the last six months, one of the first things oil companies do is cut back on workers and on the number of drilling rigs. That’s happening around the country: There are about half … Continue reading

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Finding Oil is Easy, Just Look on the Ground

There’s a lot of drilling going on in Texas for oil and gas. So much, that Texas is a big reason why the United States in now producing more oil than it imports. But it all begins with what in … Continue reading

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