The U.S. is about to boost its status as a major oil exporter. New pipelines are coming online to transport oil from a bottleneck in the Permian Basin to the Gulf Coast where it can be shipped to the world. The U.S. is turning the Gulf Coast into a major export hub, and that could […]
https://www.rangerminerals.com/wp-content/uploads/2019/08/104217833-GettyImages-140417888-Cropped.jpg286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-08-30 14:00:182019-08-30 11:51:48The US is about to send a lot more oil into an already oversupplied world market
The OPEC+ coalition of producers achieved in July a compliance rate of 159 percent. According to OPEC, the production cuts, combined with “ongoing healthy oil demand so far”, have “arrested global oil inventories growth and should lead to significant draws in the second half of the year.” Read the full article here Source: […]
https://www.rangerminerals.com/wp-content/uploads/2019/08/79db95ec60f822dfe950b8ecc82bf55b-Cropped.jpg286718Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-08-30 13:00:512019-08-30 11:23:18OPEC+ Boasts 159% Compliance With Oil Production Cuts
EIA at the Department of Energy said on Tuesday petroleum production increased by 16 percent and natural gas rose 12 percent. The increase in production has created a need for more pipelines and infrastructure throughout Texas. EPIC Midstream Holdings Inc began shipping crude oil on its 400,000 b/d pipeline from the Permian Basin to the […]
https://www.rangerminerals.com/wp-content/uploads/2019/08/636148154909206984-GettyImages-479198607-Cropped.jpg286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-08-30 11:00:452019-08-30 10:37:53US leads the world in oil, gas productiond
The US is about to send a lot more oil into an already oversupplied world market
IndustryThe U.S. is about to boost its status as a major oil exporter. New pipelines are coming online to transport oil from a bottleneck in the Permian Basin to the Gulf Coast where it can be shipped to the world. The U.S. is turning the Gulf Coast into a major export hub, and that could […]
OPEC+ Boasts 159% Compliance With Oil Production Cuts
IndustryThe OPEC+ coalition of producers achieved in July a compliance rate of 159 percent. According to OPEC, the production cuts, combined with “ongoing healthy oil demand so far”, have “arrested global oil inventories growth and should lead to significant draws in the second half of the year.” Read the full article here Source: […]
US leads the world in oil, gas productiond
IndustryEIA at the Department of Energy said on Tuesday petroleum production increased by 16 percent and natural gas rose 12 percent. The increase in production has created a need for more pipelines and infrastructure throughout Texas. EPIC Midstream Holdings Inc began shipping crude oil on its 400,000 b/d pipeline from the Permian Basin to the […]