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
White House: Talks To Continue On Renewable Fuel StandardThe White House says talks will continue on a dispute over the future of the renewable fuel standard, which has pitted lawmakers from corn-producing states against those representing refineries.
Nation's Biggest Refinery In Port Arthur Starts Revving UpThe nation's largest oil refinery is starting to reboot after shutting down ahead of Harvey's onslaught.
Gas Prices Surge Higher As Drivers Rush To Fill Their TanksGasoline prices rose several cents overnight amid continuing fears of shortages in Texas and several other states in the aftermath of Hurricane Harvey's strike on the Gulf Coast.
Consumers Should Be Aware Of Gasoline Price GougingAs drivers create a run at gas stations across North Texas, some people wonder about the higher than normal prices at the pumps.
ExxonMobil Investigates Threat At Beaumont RefineryAuthorities are investigating an alleged bomb threat at the ExxonMobil plant near Beaumont, Texas.
Shell, Saudi Aramco Split Assets, Including Big Texas RefineryRoyal Dutch Shell PLC and Saudi Arabian Oil Co. will split up the assets of their joint U.S. venture, which will see the kingdom's state-owned producer take full ownership of America's biggest oil refinery.
Texas In Line With Nation As Retail Gasoline Prices Go Up This WeekTexas and nationwide retail gasoline prices are up this week. AAA Texas on Thursday reported the statewide average rose 3 cents to reach $1.97 per gallon.
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.
BP Agrees To Pay $13M For Texas Refinery PenaltiesOil giant BP has agreed to pay $13 million to settle charges of failing to fix safety violations at its Texas City oil refinery after a 2005 explosion killed 15 workers.
Texas Accuses BP Of Poorly Operating Its Refinery