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Tag Archives: Texas

Longview port ends talks with oil refinery developer

Longview port ends talks with oil refinery developer

LONGVIEW, Wash. (AP) — Port of Longview commissioners have cut off talks with the Texas-based developer of an $800 million oil refinery and a propane terminal in southwest Washington. The Daily News of Longview says (http://goo.gl/GUZ30N) commissioners voted Tuesday 3-0 to end talks with Waterside Energy. The company proposed two projects on land adjacent to the port but needs to ...

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Texas private colleges are saying no to guns on campus

Texas private colleges are saying no to guns on campus

AUSTIN, Texas (AP) — When the conservative Texas state Legislature passed a law requiring public universities to allow concealed guns on campus, it also gave the state’s private institutions of higher learning the chance to follow suit. None has so far. More than 20 private schools have said they won’t lift their gun bans when the law takes effect this ...

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Rig count down 27 to 514; Texas drops 12

US rig count drops 27 this week to 514; Texas down 12

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 514. The Houston company said Friday 413 rigs sought oil and 101 explored for natural gas amid depressed energy prices. A year ago, 1,310 rigs were active. Among major oil- and ...

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5.1 magnitude earthquake among several temblors in Oklahoma

First research links California quakes to oilfield injections

OKLAHOMA CITY (AP) — The U.S. Geological Survey reports a 5.1 magnitude earthquake in northwest Oklahoma that was reportedly felt across Kansas, Missouri, New Mexico, Nebraska, Texas, Arkansas and Iowa. Fairview police and the Major County Sheriff’s Office say there are no reports of injury or damage as a result of the quake that struck Saturday at 11:07 a.m. about ...

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Texas, nationwide retail gasoline prices decline 4 cents

Texas, nationwide retail gasoline prices decline 4 cents

COPPELL, Texas (AP) — Texas and nationwide retail gasoline prices have dipped 4 cents this week amid declines in crude oil prices. AAA Texas on Thursday reported the statewide price at the pump was an average $1.61 per gallon. The average U.S. price was $1.82 per gallon. Association officials say the current gasoline prices are the country’s lowest since January ...

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Houston’s FMC Technologies signs $180 million deal

Houston's FMC Technologies signs $180 million deal

Houston-based FMC Technologies signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 Project as part of the North West Shelf Project in Western Australia. The $180 million contract includes subsea production trees, wellheads, manifolds, subsea and topside controls and flowline connection systems. According to a press release, ...

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Drivers benefit from low gas prices

gas prices, oil, drivers, motorists

Oil prices recovered slightly Monday, as the price of U.S. crude rose to $29.65 a barrel after previously hitting $28.36. While low prices have caused producers to struggle, the resulting low gas prices have been a boon to motorists. Texas Gas Prices lists the average price of gas in Texas at $1.67 per gallon. On Monday, a Conoco station in ...

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Gas, oil rigs down as Texas takes hit

Texas down 10 in weekly rig count

The number of active rigs searching for oil and gas in the United States dropped down 14 from last week for a total of 650 rigs. Texas saw the steepest decline, as seven rigs shut down, according to oilfield service company Baker Hughes. Just one oil rig shut down as crude oil prices continue to slump. The total number of ...

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Energy jobs struggle through oil downturn

Energy jobs struggle through oil downturn

The oil bust is more severe than any downturn in 45 years, according to the Houston Chronicle. Roughly 70,000 energy jobs have been lost so far and oil prices fell below $31 a barrel Monday. U.S. Crude fell to $30.98 a barrel on the New York Mercantile Exchange in morning trading. It was the sixth-straight day of losses in 2016. ...

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