Category: Crude oil

Oil little changed in thin Asian trading

Oil prices were little changed in thin Asian trading Monday amid anticipation of the New Year’s holidays as well as stable energy demand in the U.S.  More »

Rig count down for the week

Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 11 this week to 1,757.  More »

Crude oil settles above $100 a barrel

It the first time oil crossed that threshold since October.  More »

2013 oil boom is biggest ever, data show

The United States’ average daily oil production is on track to surge by 1 million barrels per day this year, the biggest one-year jump in the nation’s history, according to federal data.  More »

Oil edges closer to $100

Worries over instability in South Sudan have led some analysts to predict the contract may top $100 a barrel for the first time since mid-October.  More »

Shale boom to push pump prices down next year

Barring bad weather and major disruptions in the global oil supply, market forces may curb unbridled U.S. gasoline prices next year more than any year since the country emerged from economic recession.  More »

A reader asks: “How can you make an oil & gas internship turn into an oil & gas job?”

Even in oil & gas, where the market is good for job seekers, internships are crucial for getting your foot in the door. While they present a great opportunity for interns to build their skill set, they provide an equally good chance for companies to perform an “extended interview” and evaluate things like work ethic, dependability, and “fit” with the company culture. Today, a budding oil & gas professional from Rice University wants to know how they can ace this interview and secure their place in the industry!  More »

A new life for Spindletop (photos)

Hard-hatted roughnecks returned to Spindletop this week, aiming to make another historic strike on the storied grounds.  More »

Crude oil edges above $99, adding to recent gains

Oil prices are up around 7 percent so far in December and on track to finish the year with a gain.  More »

Oil slips below $99 a barrel; pump price rises

Last week, oil rose nearly 3 percent.  More »

Kinder Morgan to buy tanker businesses for $1B

Pipeline giant Kinder Morgan Energy Partners will spend nearly $1 billion to move into the tanker business after agreeing to buy two companies that ship oil between U.S. ports, the companies said Monday.  More »

To clean up coal, Obama pushes more oil production

America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the ground.  More »
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