crude oil
Government, Business, Fuel, Logistics, TCA

Crumbling County Roads: The Unintended Consequence of Energy Industry Traffic

Daniel Acker/Bloomberg News

Guadalupe Road in south Victoria County, Texas, was brand new in August 2016 after the county spent $200,000 to repave it for the first time in decades. But in the last few weeks, it began to crumble and crack, forcing county crews to patch up the deteriorating surface.

Marina Starleaf Riker | Victoria (Texas) Advocate
March 19, 2018
Business, Fuel, Logistics

Planes, Trains and Trucks: Global Trade Boom Fires Up Oil Demand


The strength of oil consumption took analysts by surprise last year, and played a big role in crude’s recovery to a three-year high in January.

Alaric Nightingale and Grant Smith | Bloomberg News
March 7, 2018

Oil Demand Strong Into 2020, Bank of America Analyst Blanch Says

Daniel Acker/Bloomberg News

Oil demand will remain strong through at least 2020, pushing spot costs for crude above futures pricing.

February 26, 2018

US Crude Output to Jump Above 11 Million Barrels a Day Sooner Than Expected

Daniel Acker/Bloomberg News

The U.S. government sees nationwide oil production jumping above 11 million barrels a day much quicker than anticipated.

Jessica Summers and Catherine Traywick | Bloomberg News
February 6, 2018
Business, Fuel

Crude Breaks $65 as Record Drawdown Whittles US Oil Stockpiles

Getty Images

Crude popped above $65 a barrel for the first time in more than three years after U.S. crude stockpiles fell for a 10th week in the longest stretch of declines on record.

Jessica Summers | Bloomberg News
January 24, 2018
Business, Fuel

US Expects Domestic Crude Output to Hit Records in 2018, 2019

Getty Images

U.S. crude production will soar to a record this year before rising even more in 2019, according to a government forecast published Jan. 9.

Jessica Summers | Bloomberg News
January 9, 2018
Government, Business, Fuel

Trump Seeks to Open Most US Coastal Waters to New Drilling


The Trump administration is proposing to open almost all U.S. coastal waters to oil drilling, including those off California and Florida where activists have fought for decades to spare delicate ecosystems from oil spills.

Jennifer A Dlouhy | Bloomberg News
January 4, 2018
Business, Fuel

Oil Rises to Two-Year High on US Stockpiles, Iran Unrest

A university student attends a protest inside Tehran University while a smoke grenade is thrown by anti-riot Iranian police, in Tehran, Iran, Dec. 30, 2017. AP Photo.

Oil climbed to the highest level in more than two years on estimates that U.S. crude stockpiles fell for a seventh week, while unrest continued in OPEC’s third-biggest producer.

Grant Smith | Bloomberg News
January 3, 2018
Business, Fuel

Oil Trades Near $57 as US Crude Stockpiles Seen Extending Drop

Pumping jacks stand near an Anadarko Petroleum Corp. oil rig site in Fort Lupton, Colo. Jamie Schwaberow/Bloomberg News

Oil traded near $57 a barrel for a third day before data expected to show that surplus crude inventories in the U.S. continued to diminish as global markets rebalance.

Grant Smith | Bloomberg News
December 19, 2017
Business, Equipment, Fuel

Goldman Says Big Oil Is Poised for Its Best Year in Decades

Daniel Acker/Bloomberg

Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc.

Kelly Gilblom and Nejra Cehic | Bloomberg News
December 14, 2017