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Condensate export numbers hidden from view

Via Jennifer A. Dlouhy, FuelFix WASHINGTON — New government data about crude exports includes information about the first-known U.S. exports of lightly treated condensate, but the real details are hidden from view. The amount of condensate that sailed away from Texas City, in July is found in the U.S. Energy Information Administration’s new report on […]  More »
Ed Hirs, managing director of Hillhouse Resources, LLC and an energy economist at the University of Houston, participated in a debate on energy independence at the University of Houston on Sept. 30, 2014. (University of Houston photo)

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.  More »
This July 6, 2013 file photo shows smoke rising from railway cars carrying crude oil after derailing in downtown Lac Megantic, Quebec. (AP Photo/The Canadian Press, Paul Chiasson, File)

Oil, rail industries want up to 7 years to fix tank cars

The Transportation Department is weighing tougher safety regulations for rail shipments of crude, including stronger tank cars, slower train speeds and more advanced train braking systems.  More »
(Photo: Fotolia)

Consumer spending report boosts oil futures

Oil for November delivery increased $1.03 to $94.57 a barrel.  More »
Yellow oil barrels

Gasoline futures surge, crude prices decline

Gasoline futures gained 5.42 cents, or 2 percent, to end at $2.718 a gallon on the New York Mercantile Exchange.  More »

Cabot increases its stake in the Eagle Ford Shale

Via Collin Eaton, FuelFix: Cabot Oil & Gas Corp. said Wednesday it plans to pay $210 million to snap up 30,000 net acres in the Eagle Ford Shale, adding about a third to its overall land position in South Texas. The Houston energy producer said oil wells on the land pump about 1,600 barrels of […]  More »
(Photo: Fotolia)

Crude advances after inventories drop to 8-month low

Oil for November delivery gained $1.24 to end at $92.80 a barrel.  More »
U.S. Interior Secretary Sally Jewell.  (Andrew Harrer/Bloomberg)

U.S., California release roadmap for solar projects

“We have amazingly special places here,” U.S. Interior Secretary Sally Jewell said.  More »
Yellow oil barrels

Oil rises on Chinese manufacturing numbers

Crude for November delivery rose 69 cents to $91.56 a barrel on the New York Mercantile Exchange.  More »

The price of Eagle Ford crude oil

The price of a barrel of Eagle Ford Shale crude oil was below $100 per barrel level between mid-August and mid-September, according to Bentek Energy, an analytics and forecasting unit of Platts. The Platts Eagle Ford Marker, a daily price assessment, has dropped 0.9 percent since January. The marker has moved between $94.20 per barrel […]  More »

Juneau Energy buys into the Eagle Ford

Juneau Energy LLC has acquired 10,264 net acres in the eastern side of the Eagle Ford Shale, mostly in Brazos and Burleson counties. Juneau, a subsidiary of Leucadia National Corporation, said the acquisition closed Sept. 17. “This acquisition represents meaningful, high-quality acreage in the core area of the East Texas Eagle Ford, and we are excited about this premier […]  More »
David  Rainey, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court after being arraigned on obstruction of a federal investigation in New Orleans in November 2012.   (AP Photo/Matthew Hinton)

New indictment against former BP executive

Friday’s superseding indictment makes adjustments to existing obstruction of Congress and false statement charges against David Rainey.  More »
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