Tag Archives: oil

An Odessa Audience Is The First To Get A Sneak Peak Of A New Documentary

By Mitch Borden A new film produced by Newsy and the Texas Tribune is taking a look at America’s oil industry. A large part of the movie focused on the Permian Basin, and last week, about 100 people turned out … Continue reading

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Oil Industry Professionals Gather In Midland To Talk Water

Recently, people in Midland have been discussing water and how its used in West Texas’ growing oil industry at the Permian Basin Water and Energy Conference.  Mitch Borden, Marfa Public Radio’s Permian Reporter, went to the conference and was in the … Continue reading

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New Organization Gearing Up To Take On Challenges Facing Midland

By Mitch Borden As the Permian Basin continues to produce millions of barrels of crude oil each day, Midland and other communities in the area are rapidly growing. There are challenges that come with this kind of economic success though. … Continue reading

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Texas is making billions from oil and gas drilling, but counties say rural roads are being destroyed

Damage from heavy trucks has battered local roads in and around the state’s oil fields, and many counties want the state to help pay for repairs and maintenance. Will lawmakers take action?

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Corpus Christi Port Ramps Up After Crude Oil Export Ban Lifted: New Pipelines Proposed Linking Permian Basin To Port

CORPUS CHRISTI, Texas -A surge in production in the Permian Basin of west Texas, already the nation’s highest producing oilfield, is extracting more crude oil than refiners in Texas can handle. But now, producers in the Permian have new outlets for that oil with economic … Continue reading

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Moody’s Considers Credit Downgrades For Texas Governments Dependent On Energy-Related Tax Revenue

The credit rating agency Moody’s Investor Services reviewing its ratings for 10 local governments in Texas — including Midland and Odessa — and may issue downgrades within 90 days. The culprit is the precipitous decline in crude oil prices and … Continue reading

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As Oil Labor Force Shrinks, West Texas Food Bank Expands

Oil has been trading below $30 a barrel this week and that’s bad news for the labor force in the Permian Basin. Some workers aren’t just out of a job, they’re barely staying afloat. But there’s one safety net that’s gotten … Continue reading

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Oil Prices Drop After U.S. Lifts Sanctions Against Iran

The prospect of Iranian oil adding to the global flood of crude pushed prices further down on Monday, with Brent crude, the international benchmark for crude oil, touching its lowest level since 2003 – below $28 dollars per barrel. International … Continue reading

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The Energy Markets: Lorne Matalon Reports From UT Austin Energy Journalism Conference

TUESDAY, JANUARY 12: This is a transcript of our discussion on the drop in oil prices and outlooks for the future, with reporter Lorne Matalon and host Tom Michael. MICHAEL: Monday was a rough day for oil and gas markets. Prices fell more than … Continue reading

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Borderland Exodus: Towns On Path Of Proposed Mexican Pipelines Suffer Rash Of Violence

GUADALUPE, Chihuahua — People living in the Juárez Valley southeast of Ciudad Juárez  and El Paso, Texas allege that land speculators preparing for the start of oil and gas production have spurred a land grab that’s forced what some claim … Continue reading

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