- According to the EIA, U.S. Shale losses will accelerate next year with a drop of 390,000 barrels a day in annual average production to 8.86 million barrels a day. 34 more words
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NEW YORK (Reuters) – Oil prices jumped more than $2 a barrel on Tuesday, breaking out of a month-long trading range on a mix of technical buying and industry talk as well as U.S. 500 more words
The federal government believes daily U.S. crude production fell to 9.3 million barrels in June, down by 100,000 barrels in the prior month, as low oil prices continue to discourage drilling. 132 more words
Never mind Mexico’s oil reform. These days, the action is in natural gas.
Since last year, when new laws made it easier for foreign companies to export gas to Mexico, there’s been more than $10 billion of planned or completed pipeline investments announced by companies such as Dallas-based Energy Transfer Partners LP. 756 more words