Tag Archives: oil
The Trade War Between The US And China May Eventually Reach The Permian Basin
The United States has been in a trade war with China for almost a year now. Many thought a resolution was on its way until the Trump Administration announced last week it would be placing tariffs worth about $200 billion … Continue reading
Chevron Lands New Territory In The Permian Basin After Paying Billions For Anadarko Petroleum
By Mitch Borden Chevron, one of the largest oil companies in the world, recently bought Anadarko Petroleum for about $50 Billion. The acquisition expands Chevron’s holdings in the Permian Basin by about 240,000 acres. This deal perked up the ears of … Continue reading
A New Report Questions How Harmful Emissions From Oil And Gas Production Are Studied
By Mitch Borden Chemicals emitted during oil and gas production have been tied to cancer and birth defects. But in the past, some academic studies have looked at these harmful chemicals have shown emissions aren’t happening at levels that should … Continue reading
U.S Oil Production Dips As Permian Basin Production Plateaus
By Mitch Borden For the first time since last spring, the United States saw its oil production levels drop. This slowdown can be traced to the Permian Basin, where a pipeline shortage is causing producers to cut back.
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
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
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
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?
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
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