crude oil
Government, Business, Fuel

US Expected to Become World’s Top Oil Producer Next Year

Oilfield in Bakersfield, Calif. Al Seib/Los Angeles Times/TNS

The United States has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world’s biggest oil producer for the first time in more than four decades.

David Koenig | AP Business Writer
July 13, 2018
Government, Business, Fuel

Oil Rises as Shrinking US Stockpiles Add to Global Tightness

Al Seib/Los Angeles Times/TNS

Crude rose to a one-week high July 10 on concern shrinking U.S. crude stockpiles will exacerbate wide-ranging global supply disruptions.

Jessica Summers | Bloomberg News
July 10, 2018
Government, Fuel

Oil Surges Above $75 in New York as Supply Outages Outpace OPEC

Daniel Acker/Bloomberg News

Crude soared above $75 a barrel in New York for the first time since 2014 on signs global supply outages outweigh OPEC’s pledged production rise.

Jessica Summers | Bloomberg News
July 3, 2018
Business, Logistics

Oil Declines After Unexpected Increase in US Crude, Gasoline Stockpiles

Daniel Acker/Bloomberg News

Oil retreated from the highest price in more than three years after surprise increases in U.S. crude and gasoline stockpiles.

Catherine Ngai | Reuters
May 23, 2018
Business, Fuel, Logistics

Oil, Sand Railcars Compete for Track Space in Permian Basin

Kurt Haubrich/Flickr

Oil producers may be getting in their own way in the race to pump crude from the fertile Permian Basin.

Sheela Tobben | Bloomberg News
May 4, 2018
Business, Fuel, Logistics

Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam

David Paul Morris/Bloomberg News

Alberta’s beleaguered oil industry may get some relief from its persistent shipping bottlenecks in the second half of the year as producers strike deals with rail companies to move more crude.

Kevin Orland | Bloomberg News
April 26, 2018
Business, Fuel

Trump’s Claim of ‘Oil All Over the Place’ Isn’t True Anymore

Daniel Acker/Bloomberg News

President Donald Trump’s assertion that OPEC is propping up oil prices amid oversupply and an excess of floating storage has a problem: It’s only half true.

Brian Wingfield and Rupert Rowling | Bloomberg News
April 20, 2018
Business, Technology, Logistics

Oil Rises to Highest Since 2014 on Bullish US Inventory Report

Daniel Acker/Bloomberg News

Crude rose to its highest level since 2014 in New York as the drop in U.S. inventories reported by an industry group helped to sustain a rally spurred by geopolitical risks.

Alex Longley | Bloomberg News
April 18, 2018
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

cobalt123/Flickr

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

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