Tag Archives: Oil Bust

As West Texas Crude Falls, State Regulators Weigh Restricting Oil Production

By Mitch Borden A day after West Texas Intermediate dropped into negative prices, the Texas Railroad Commission, the state’s oil and gas regulator, debated capping oil production in the state for the first time in nearly 50 years.  This is … Continue reading

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The Texas Railroad Commission Weighs The Pros And Cons Of Cutting The State’s Oil Production

By Mitch Borden Some oil companies are pleading with the Texas Railroad Commission to do something unthinkable in recent memory — restrict pumping crude. Limiting the amount of oil companies can pump is something that hasn’t been done in nearly … Continue reading

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Permian Basin Oil Workers Face Possible Bust As Global Oil Markets Crash

By Mitch Borden In West Texas, the Permian Basin is home to America’s largest oil field, where just about everyone depends on the energy industry. But with the spread of the coronavirus pandemic, world markets in flux, and Saudi Arabia … Continue reading

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Booms And Busts Have Defined Midland’s History, But Is It Time To Stop Using Those Terms?

By Mitch Borden The Permian Basin has never been busier. More oil is being pumped than ever before, thanks to hydraulic fracking, and energy companies are making plans to stick around long-term. By most accounts, the region is booming. But, … Continue reading

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