Industry News From Around the Web

  • Boom Time Again for U.S. Oil Industry, Thanks to OPEC
    May 24, 2017
    Texas Public Radio | Amy Sisk The US oil and gas industry has rebounded stronger than anticipated and is in turn producing jobs and a strong outlook. Oil producers across the country are watching to see what OPEC does at its meeting in Vienna this week, since the cartel of oil-exporting countries has recently played a big ...
  • Natural Gas Makes a Comeback in Eagle Ford Shale Fields
    May 24, 2017
    San Antonio Express News | Jennifer Hiller Texas companies are beginning to start drilling natural gas wells to then sell into Mexico; increased production is anticipated. Natural gas has been something of a stepchild in the 400-mile Eagle Ford Shale oil field, but it’s having a moment. With Mexico’s natural gas production on the decline — even ...
  • US Crude Settles at 5-week High of $51.47 on Expectation OPEC Will Extend Output Cuts
    May 23, 2017
    CNBC US crude momentum continues ahead of OPEC’s meeting. Oil prices inched up on Tuesday in volatile trading as expectations of an extension to OPEC-led supply cuts and projections for another drop in U.S. crude inventories overshadowed a White House proposal to sell half the country’s petroleum reserves. U.S. light futures ended Tuesday’s trading session 34 cents higher ...

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