Companies Energy Oil Prices Texas 
Green Car Congress
DECEMBER 5, 2014
Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 The situation will compound itself if oil prices stay low.
Green Car Congress
NOVEMBER 26, 2015
That spells more pain for the energy sector. Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb. an industry consultant, oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps. “I
Green Car Congress
JANUARY 21, 2015
US oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. That pushed companies to focus on wet gas and oil.
Green Car Congress
MARCH 5, 2015
Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. Supply alone, however, doesn’t determine price.
Green Car Congress
DECEMBER 8, 2020
US motorists stayed off the road during the Thanksgiving holiday in overwhelming numbers as the coronavirus surged across the country, according to the latest weekly survey of retail fuel stations by OPIS, an IHS Markit company. A persistent rebound in global oil markets requires profitability in transportation products.
Green Car Congress
JULY 18, 2020
Their open-access paper appears in the journal Nature Energy. Projections of the evolution of COVID-19 pandemic trends show that lockdowns help to reduce COVID-19 transmissions by as much as 90% compared with the baseline without any social distancing in Austin, Texas. Nat Energy doi: 10.1038/s41560-020-0662-1.
Green Car Congress
JUNE 27, 2018
During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.
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