In The News

Thursday, 08/24/2017

August 23, 2017 – 24/7 Wall St.

Crude Oil Price Bounces Higher as Inventory Dips

By Paul Ausick

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories dropped by 3.3 million barrels last week, maintaining a total U.S. commercial crude inventory of 463.2...

Thursday, 08/24/2017

August 22, 2017 –

Shale Drillers Head North As The Permian Fills Up

By: Nick Cunningham

Just as the Permian Basin is showing some wear and tear, there is growing interest in a separate shale play to the Permian’s north.

The Anadarko shale region, located mostly in...

Sunday, 08/20/2017

August 16, 2017 – Fox Business

Oilman Jim Hackett Is Back With an Oklahoma Shale Play- Update

By: Lynn Cook

Jim Hackett has found his new calling in the oil patch.

Investors this spring gave the former Anadarko Petroleum Corp. chief executive, who left the company in 2013 to get a theology...

Monday, 07/31/2017

July 28, 2017 - Politico

Too soon to say whether Keystone XL will be built, TransCanada exec says

By: Ben Lefebvre

The company behind the Keystone XL pipeline has not yet determined whether there is enough demand for the project to justify actually building it, a top executive said today.

It was the strongest acknowledgment from TransCanada to date that the nearly decade-long Keystone saga may end in failure — despite President Donald Trump's overwhelming support for the project, which he green-lit as one of his first acts in office. The...

Monday, 07/24/2017

July 19, 2017 – TheStreet

Pipeline Companies Are Feuding With The Steel Industry Over Upcoming Commerce Department Report

By: Tucker Higgins

President Donald Trump will soon have to pick a side in a dispute between two of his favorite industries.

Pipeline companies and the U.S. steel industry are...