Energy Industrial Oil Prices Texas 
Green Car Congress
MAY 22, 2019
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.
Green Car Congress
DECEMBER 5, 2014
Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 That is a dramatic rise from just 4 percent that energy debt represented 10 years ago. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors.
Green Car Congress
JANUARY 24, 2017
If West Texas Intermediate (WTI) crude oil prices stabilize at or above $60 per barrel, major parts of the United States shale sector that are currently dormant will ramp up, according to an analysis by experts in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. Baker III and Susan G.
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
NOVEMBER 26, 2015
That spells more pain for the energy sector. 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 Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices.
Green Car Congress
JULY 13, 2016
Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. The Wall Street Journal , using data from IHS, estimates that roughly 70 percent of the fracking equipment across the shale industry has been idled.
Green Car Congress
DECEMBER 8, 2020
The OPIS survey tracks actual gallons moved out of retail stations and it features sharper losses than those reported by the Energy Information Administration (EIA). For decades, California led all US states in consumption of gasoline, but that position has been passed to Texas, which finds smaller year-on-year volume declines of 15.8%.
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