Extension of Production Cuts Reenergizes Upstream Activity in Texas
The agreement among major crude oil exporters to extend production cuts through next year has had the unintended consequence of breathing new life into the...
Alex Mills
Low Oil Prices Create Problems For Oil Exporters
by Alex Mills
Crude oil has been a major player in the geopolitical and economic viability of countries for decades. As far back as World War II, British...
Survey: Texas Best Place For Oil And Gas Investment
by Alex Mills
Petroleum industry executives think Texas is a good place to do business. As a matter of fact, they think it is the best place in...
Gasoline, Crude Oil Prices Hold Firm
by Alex Mills
Gasoline prices followed crude oil prices upward during the Thanksgiving weekend. Crude oil prices on the New York Mercantile Exchange closed at $58.02, and retail...
Tax Reform Debate Continues In Congress
by Alex Mills
The controversy over tax reform efforts by the U.S. Congress was expected because any time there is a change in tax laws there are winners...
Oil and Gas Industry Future Looks ‘Attractive’
by Alex Mills
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a...
Oil and Gas Index Shows Texas Producers Continuing to Recover
by Alex Mills
WICHITA FALLS—Upstream oil and gas activity in Texas sustained a modest expansion into the 10th straight month in September, according to the Texas Petro Index,...
Confusion Reigns Supreme In Analysis Of Oil Market
by Alex Mills
Conflicting news about crude oil supply and demand created confusion for oil traders last week. In summary: refinery runs were back to normal; petroleum exports...
Low Electricity Prices Doom Two Coal Plants In Texas
by Alex Mills
Texas has been blessed with abundant sources of energy. Crude oil and natural gas have made Texas a powerhouse for about 100 years. Coal has...
DOE, EPA Take On Energy, Environment Issues
by Alex Mills
The U.S. Department of Energy (DOE) and the Environmental Protection Agency (EPA) recently introduced two significant policy changes regarding energy following the release of studies...