As Prices Plummet, The Oil And Gas Industry Scrambles To Keep Businesses AfloatThe global economic crisis caused by the coronavirus pandemic has devastated the oil industry in Texas and across the U.S., which pumps more crude than any other country.
Fewer Open Businesses, Flights & Drivers Could End With The World Running Out Of Space To Store OilWith an unprecedented collapse in oil demand, that has sent crude crashing to 18-year lows, the world could soon run out of room to store all the unneeded barrels of oil.
Oil Prices Perk Up On Trade Truce, Possible OPEC DecisionA rally in oil prices after a two-month slide indicates traders are betting that OPEC and its allies including Russia will agree to produce less crude.
Energy Department Says US Is Now World's Top Oil ProducerSeveral states hit record production in August including Texas, which accounts for about 40 percent of U.S. crude
Economy Keeps Growing Even With Rising Oil PricesAmerica's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.
Samantha Bee Is Back, Both Angry And ApologeticComedian Samantha Bee returned to her TBS show Wednesday, apologizing again for using a crude epithet to describe Ivanka Trump but angry the controversy distracted from more important issues.
US Running Out Of Room To Store Oil; Price Collapse Next?The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
Details Released On Major Oil Shipments By Rail Through TexasAs many as 10 trains weekly have been coming into Texas carrying a million gallons or more of Northern Plains crude oil that's been involved in fiery derailments in the U.S. and Canada.
Retail Gas Prices Drop By A Penny Across TexasRetail gasoline prices across Texas have dropped by a penny average this week to $3.09 per gallon.