Oil pipeline shut after spill near Blue Ridge, Texas- report – Reuters


KXII-TV
Oil pipeline shut after spill near Blue Ridge, Texas– report
Reuters
An oil pipeline was shut after it ruptured and spilled oil near Blue Ridge in Texas on Monday, according to a report on KXII.com. The pipeline was ruptured when a contractor accidentally cut a high pressure oil line, leading to a spill, the report said
Ruptured pipeline near Blue Ridge spews oilKXII-TV

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Fundamentals Be Damned – Oil Price Correction Likely – OilPrice.com


CNBC
Fundamentals Be Damned – Oil Price Correction Likely
OilPrice.com
In the case of crude oil, for example, if supply is outstripping demand the price is going down, no matter what your charts indicate. In the short term, though, as traders pay attention to technical factors they can be enormously powerful. Right now
US crude settles at $52.63, down 1%, as more US drilling revives concern about oil glutCNBC
Oil slips as more US drilling revives glut concernsReuters
Analysts See Oil Prices Rising as OPEC Production Cut Bears FruitWall Street Journal
UPI.com –Telegraph.co.uk
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Saudis Approve Historical Tax Package Amid Oil Price Crisis – OilPrice.com

Saudis Approve Historical Tax Package Amid Oil Price Crisis
OilPrice.com
As the oil price crisis catches up with Saudi Arabia, residents of the oil-rich Kingdom will have to start paying taxes on services and products as of next year, after the Cabinet gave final approval to a region-wide tax plan for members of the Gulf
Are Airlines Still Benefitting from Oil Prices?Market Realist

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Refiners Stand To Lose From Trump's Border Tax Plan – OilPrice.com


CSPDailyNews.com
Refiners Stand To Lose From Trump’s Border Tax Plan
OilPrice.com
Donald Trump’s first week in office as U.S. president has brought major upheaval. And it looks like the new leader could be about to cause some massive shifts in the oil market. That’s because of a proposed tax on U.S. imports — with big implications
4 Ways a Border Tax Could Hit Fuel, Oil PricesCSPDailyNews.com
5 Things Core Laboratories N.V.’s Management Wants You to Know About What’s Actually Going On in the Oil MarketFox Business

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Oil, gas jobs rise again in Texas – San Antonio Express-News (subscription)


San Antonio Express-News (subscription)
Oil, gas jobs rise again in Texas
San Antonio Express-News (subscription)
Jobs in Texasoil and gas industry rose at the end of 2016 for the first time in more than two years, another sign that the long-awaited recovery in the state’s energy sector is gaining traction. Texas added an estimated 3,000 oil and gas jobs in
Basin’s bust is pastOdessa American

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OPEC May Be Powerless To Stop Lower For Longer – OilPrice.com


Telegraph.co.uk
OPEC May Be Powerless To Stop Lower For Longer
OilPrice.com
At the beginning of 2017 – with oil prices relatively stable at over US$50 for a couple of months now – the UK oil supermajor said it in its 2017 Energy Outlook edition that oil resources are abundant, and those that are known today dwarf the expected
US shale surge stalls weekly oil price gainsTelegraph.co.uk
Venezuela Oil Price in January above $45 a BarrelLatin American Herald Tribune
American shale is stronger, leaner and smarter than ever beforeBusiness Insider
Economic Calendar –Bloomberg
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Is The $4 Trillion Saudi Reform Plan Inspired By China? – OilPrice.com


The National
Is The $4 Trillion Saudi Reform Plan Inspired By China?
OilPrice.com
Prince Mohammad bin Salman Al Saud of Saudi Arabia recently announced Vision 2030, the most ambitious Saudization project ever, likely driven by a $150 billion drop in reserves due to a steep decline in oil prices. Among the project’s stated objectives
Saudi economy reaches a fork in the roadThe National

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Trump's Tariff Could Be A Disaster For Mexican Oil – OilPrice.com


Environment & Energy Publishing
Trump’s Tariff Could Be A Disaster For Mexican Oil
OilPrice.com
If the tariff or border-adjustment tax became law, it would have profound implications for the energy trade between U.S. and Mexico, a cross-border trade in oil, gas and refined products that goes in both directions. … By Nick Cunningham of Oilprice.com.
Trump-Mexico feud puts oil and gas industry on high alertEnvironment & Energy Publishing

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Railroad Commission sets goal to plug more than 1000 wells in 2017 – Midland Reporter-Telegram


Midland Reporter-Telegram
Railroad Commission sets goal to plug more than 1000 wells in 2017
Midland Reporter-Telegram
The state’s oil and gas regulator, the Railroad Commission of Texas, doesn’t project whether the number of its orphan wells will rise or fall. But many industry groups expect the numbers to rise because of the bust in oil prices. Texas has an inventory

New drilling technology will have geopolitical and economic impact … – Business Insider


Business Insider
New drilling technology will have geopolitical and economic impact …
Business Insider
New drilling technologies will likely drive oil prices lower. That’s good news for consumers but bad news OPEC, which will likely see its power curtail.
How New Technology is Changing the Oil & Gas SectorEquities.com
Oil prices gain as Saudi Arabia restates its commitment to cut outputOffshore Technology

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