OPEC Cuts Will Have A Muted Effect On ConsumersOPEC's decision to cut production gave an immediate boost to oil prices, but the impact on consumers and the U.S. economy is likely to be more modest and gradual.
Local Man Joins Fight Against Dallas Oil Company A Thousand Miles AwayJesse Puente is a heating and air conditioning technician in Dallas. He just returned from a trip to North Dakota, where protesters have clashed for months with police over Dallas-based Energy Transfer Partners' proposed Dakota Access Pipeline.
Texas Shale Oil Field Could Yield 20 Billion BarrelsA vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil that the U.S. Geological Survey has ever assessed, agency officials said.
Vast Field Of Recoverable Oil, Natural Gas Found In TexasThe U.S. Geological Survey says it has discovered in West Texas one of the largest reserves of recoverable oil in the agency's history.
Top Texas Official Says Injection Wells Can Cause QuakesA top Texas official says it's "possible" oil and gas wastewater being injected deep underground can cause earthquakes.
Texas, Nationwide Retail Gasoline Prices Down This WeekRetail gasoline prices across Texas and nationwide have declined this week but still remain at $2 or more per gallon.
OPEC Sees Oil Prices Rising More Slowly Amid Glut Of Crude OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes longer to work off.
Energy Department Grows Less Bearish About US Oil ProductionThe decline in U.S. oil production may not be as severe as expected just a month ago.
GE, Baker Hughes Create Powerful New Player In Energy SectorGeneral Electric and Texas-based Baker Hughes are combining their oil and gas businesses to create a powerful player in an energy sector buffeted by years of weak prices.
Exxon Mobil Tops 3Q Profit Forecasts, Earns $2.65BExxon Mobil Corp. has reported third-quarter earnings of $2.65 billion. The Irving-based company said Friday that it had profit of 63 cents per share.
Environmental Groups Raise Concerns Over Texas Oil FindSome environmental organizations have raised concerns about a reported big oil and gas discovery in West Texas.
Scientists Have Proof Some Texas Earthquakes Are Man MadeFor the first time, scientists say they have proof that some Texas earthquakes are man made.