Oil Prices Boost Texas Petro Index
The state’s oil and gas boom roared ahead in July, boosting an industry index to record levels. The Texas Petro Index rose to 287.7 for...
Energies Media Staff
New Wells Proliferate Across the Eagle Ford Shale
Oil field activity in South Texas is adding up to lots of new wells. In the last four quarters, operators have drilled 4,092 new wells in the...
Gulf Coast Gasoline Rises to 6-Week High on Seasonal Work
Spot gasoline on the U.S. Gulf Coast strengthened to a six-week high as refiners carried out seasonal maintenance, lowering production in the region. Conventional, 87-octane...
Gas Prices Falling, Lowest Since 2010
There is great news this week for the average Joe! Gas prices are down and will continue to fall…for now. The national average price for...
Fracking is Fueling Huge Demand for Pickup Trucks
Sales of pickup trucks are at the strongest levels in years. The rebound in the housing market has only just recently played a role in...
U.S. Soon to Overtake Russia as Top Oil Producer
The United States will become the world’s largest oil producer next year, overtaking Russia, thanks to its shale oil boom which has transformed the global...
Senate Passes Bill To Enact US-Mexico Oil Treaty
The Senate on Saturday unanimously passed legislation to enact a long-stalled international treaty that would govern oil drilling along the U.S.-Mexico border in the Gulf...
Gulf Activity Growing Through Transition
Back in July of 2010, the immediate future looked anywhere from bleak to uncertain for Gulf Coast drilling. The post-Macondo moratorium was solidly in place,...
The History And Spirit of LAGCOE
When the oil and gas people of Lafayette launched the first Louisiana Gulf Coast Oil Exposition in 1955, it is unlikely that any of them...
Shale Oil & Natural Gas Reap Major Rewards For Localities
The big news this week comes in the form of a new study conducted by IHS IHS -0.7% , documenting the huge positive impact that...