Government, Business, Fuel

US Oil Dominance Hinges on Quiet Corner of New Mexico

Two New Mexico counties accounted for 17% of all onshore oil output in the contiguous U.S. last year.

Mitchell Ferman | Bloomberg News
August 26, 2024
Government, Business, Fuel

Texas Oil Regulators Ask State to Sue EPA Over Methane Rule

Texas regulators on Jan. 30 formally asked the state’s attorney general to challenge the Biden administration’s rule that seeks to lower emissions from the oil and gas sector.

Mitchell Ferman | Bloomberg News
January 30, 2024
Business, Fuel

Occidental to Buy CrownRock for $10.8 Billion

Occidental Petroleum agreed to buy Texas shale driller CrownRock in a cash-and-stock deal valued at $10.8 billion as consolidation heats up in North America’s most-prolific oil basin.

Mitchell Ferman | Bloomberg News
December 11, 2023
Business, TCA

Texas Manufacturing Growth Sparks Optimistic Outlook

Manufacturing activity in Texas grew in February, leaving economists and others in the industry optimistic about the future of production across the state and even into the Mexican borderlands.

Mitchell Ferman | Bloomberg News
March 6, 2019
Government, Business

Despite NAFTA Worries, Truck Traffic Into US From Mexico on Texas Bridge Hasn’t Slowed

PHARR, Texas — Despite the South Texas trade community’s concern a year ago about the future of free trade with Mexico, 643,313 trucks crossed northbound over the Pharr-Reynosa International Bridge over the last 12 months, an increase of nearly 37,000 from the previous year.

Mitchell Ferman | Bloomberg News
October 18, 2018