Average Gasoline Prices In Texas Fall Week-To-Week For The First Time In MonthsFor the first time in months gas prices are lower in Texas. According to the AAA, the statewide gas price average in the state is $2.63 for a gallon of regular unleaded.
Energy Experts: Improvements To Electric And Gas Grids Should Be Looked At HolisticallyTwo severe winter storms featuring snow, ice, and bitter cold temperatures statewide resulted in millions of Texans without electricity, heat, and clean water.
Pfizer's Possible COVID-19 Vaccine Breakthrough Causes Oil Prices To SkyrocketOil prices skyrocketed Monday after Pfizer revealed new coronavirus vaccine data that could offer hope to millions and clear some of the black clouds hovering over the energy industry.
Texas-Based Exxon Mobil Reports Loss Of $680 Million As Demand For Fuel Continue to FallAfter saying it expects to slash some 1,900 jobs, Irving-based Exxon Mobil announced a loss of $680 million in the third quarter.
Oil Refineries, Platforms & Rigs Along Texas Coast Shutdown Before Hurricane Laura HitRefineries along the coasts of Texas and Louisiana were either partially or full shutdown when Hurricane Laura hit Thursday morning.
Texas-Based Exxon Mobil Loses $1 Billion+, Dropped From Dow After Nearly 100 YearsIrving-based Exxon Mobil Corp. lost $1.1 billion in the second quarter, and the oil producer brought in $32.6 billion in revenue, less than half of what it brought in at the same time last year.
Texas-Based Exxon Mobile Lost $1B In Second Quarter As Oil Use Continues To FallIrving-based Exxon lost $1.1 billion in the second quarter, its economic pain deepening as the coronavirus pandemic kept households on lockdown.
During His Visit This Week President Trump Will Seek Out Loyal Donors In West Texas Fracking FieldsPresident Donald Trump's visit to a fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut.
Oil & Gas Fracking Giant Chesapeake Energy Files For Bankruptcy ProtectionChesapeake Energy, a global energy powerhouse known in North Texas for its pioneer drilling in the Barnett Shale, has filed for bankruptcy protection.
Oil And Gas Prices Rising As Cabin Fever Increases And Social Distancing EasesAfter weeks of quarantine, Texans and and the rest of the country is finally getting back on the road to go to stores, beaches and parks, guzzling more gas along the way.
'It's Insane, It's Quick And It's Devastating': CBS Business Analyst On Coronavirus' Economic & Employment ImpactJill Schlesinger said it's difficult to know at this point if reopening businesses will alleviate unemployment.