Commentary: The Latest Lifting of Fuel Subsidies in the Middle East

In recent days theĀ United Arab Emirates (UAE) has announced it will be cutting fuel subsidies starting August 1. It joins a growing list of countries that are taking the opportunity from a precipitous drop in oil prices in the last year to unwind longstanding subsidies. While advantageous for the Gulf state’s finances, the brunt of […]
An oil tanker, right, cruises past a new liquefied natural gas tanker at the Cheniere terminal in Cameron Parish, La. (Michael Stravato/The New York Times)

Flotilla of European gasoline tankers fuels U.S. driving binge

Surging demand and rising prices for gasoline in the U.S. are luring about double the number of tankers compared with 2014, boosting shipping rates to the highest seasonal levels in seven years.

Commentary: Key turning points in the energy complex

(source: Wikipedia) To be honest, I had not heard of the phrase ‘Jumping The Shark‘ until recently (I’m not talking about surfer Mick Fanning either). It’s not like I didn’t watch ‘Happy Days’ when I was growing up, I just don’t remember that episode. For those unaware, ‘Jumping The Shark‘ is a term used to […]
A Cadillac Escalade with retractable running boards is shown during the Seattle Auto Show at CenturyLink Field Events Center. The Seattle Auto Show continues through October 19th. Photographed on Wednesday, October 15, 2014. (Joshua Trujillo,

The 15 least efficient SUVs of 2015

SUVs have come a long way to deliver performance, style and efficiency features normally reserved for sedans. However, there are still SUVs out there that have excellent performance and technological features, but fail to deliver on the efficiency end.
Categories: Gasoline, Transportation

Gasoline prices dropping again across Texas

Of the major metro areas in Texas, drivers in El Paso were paying the most while motorists in Beaumont paid the least.
Robert Drummond, President of Schlumberger North America (left) and Jeremy Aumaugher, South Division Operations Manager (Tom Reel/ San Antonio Express-News)

Schlumberger profit falls on oil slump, beats estimate

The company’s earnings show how much worse the American drilling slump got in the second quarter, as its sequential North American revenues fell from $3.2 billion in the first quarter to $2.4 billion in the second quarter, about 25 percent.

Gasoline below $2 could return this fall if crude prices continue dropping

Gasoline prices in the U.S. will likely slide somewhat from a national average of $2.77 over the next few weeks. Experts then expect a substantial decline in late summer and fall, pushing average gasoline prices in some low-price states below $2 a gallon again.
(Photographer: Ty Wright/Bloomberg)

Retail gasoline prices across Texas up a penny this week

Dallas has the most expensive gasoline statewide at an average $2.67 per gallon. The travel group survey found Amarillo has the cheapest gasoline in Texas this week at $2.48 per gallon.
Categories: Gasoline
Larry Mitchell uses the new Natural Gas filling station at a Texaco Station at 24985 Katy Freeway,in Katy, Texas Tuesday July 7, 2015. The Katy based CNG 4 America is a  supplier of Natural Gas. (Billy Smith II / Houston Chronicle)

Katy-based CNG company adds another Houston fueling station

In just a few years of rapid growth, the Houston area now counts more than a dozen CNG stations from Rosenberg up to Conroe, including one by Apache Corp. in the Galleria area.
In this Dec. 17, 2014 photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. (AP Photo/Eric Gay)

U.S. oil output still barreling toward 45-year record

U.S. oil production edged down in May and will likely continue swooning until early next year as plunging crude prices continue to pummel domestic producers, according to a new federal report.