Economics:

Oil Prices Tumble, Now in Bear Market

U.S. oil prices tumbled on Tuesday to the lowest level so far this year as investors fear that a global supply glut will persist longer than had been expected. The benchmark West Texas Intermediate (WTI)…

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What are My Minerals Worth?

If you are a mineral owner, you’ve probably wondered what your minerals are worth. Perhaps you have received an unsolicited offer to buy your minerals or you need to determine an estimate of value for…

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Chevron CEO Expects Permian to Thrive for a Long Time

Chevron opened its bright new copper-colored Midland campus to its stockholders on Wednesday for its annual meeting in the heart of what is one of its most significant areas of operation. As other producing basins…

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Infamous Three Mile Island is Latest Casualty of Shale Boom

Competition from cheap natural gas has claimed another U.S. nuclear power plant in a state that has balked at government aid for financially ailing reactors. Exelon Corp.’s Three Mile Island reactor near Harrisburg, Pennsylvania, site…

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Speakers: Exports Can Maximize Permian Production Value

Permian Basin oil and gas producers should think outside the nation’s borders to maximize the value of the region’s oil and gas riches, according to a Magellan Midstream executive. “There’s a lot of barrels from…

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IEA: U.S. Shale Oil Production Growth ‘Impressive’

Cost savings and technological improvements have contributed to the “impressive growth” from U.S. shale oil, the International Energy Agency said. IEA Executive Director Fatih Birol delivered a presentation on the state of the global energy…

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