Archives for 2019
Oil falls as deepening trade war stokes fear over global growth
Oil fell on signs the worsening U.S.-China trade war will take a toll on global economic growth, overshadowing the prospect of OPEC and its allies extending production curbs. Source: FuelFix
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China's growing electric vehicles market could threaten gasoline demand: expert analysis
A significant disruption in gasoline demand in China could be looming as low-speed electric vehicles gain popularity. Source: FuelFix
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Oxy moves forward on Permian "direct air capture" plant
Houston’s Occidental Petroleum said Tuesday it is designing the first “direct air capture” plant in West Texas’ booming Permian Basin to suck carbon dioxide out of the sky and inject it into the ground to...
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Texas pipeline protesters face 10 years in prison under proposal
Oil pipeline protesters who interrupt operations or damage equipment could face up to 10 years in prison under legislation approved by Texas lawmakers. Under a bill approved by both chambers of the state legislature, protesters...
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Dallas Fed: Shale gains bring U.S. oil breakeven price down to $50 a barrel
The cost of profitability drilling a shale oil well in the U.S. has fallen to a modern low of $50 per barrel, likely ensuring the growth of the onshore shale industry for years to come,...
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