Extra Oil Pipelines U.S. shale play will need extra oil pipelines pipeline capacity up to 500,000 bpd by the end of 2030 to ship soaring crude output to markets, Wood Mackenzie said in new research this week. Midstream operators are set to add 4 million bpd of Permian-to-Gulf Coast pipeline capacity by the end of […]
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Supports about 17 Percent of Jobs The booming oil and gas industry in Texas now supports about 17 percent of jobs in the state, either directly or indirectly, according to a new economic analysis. The oil and gas industry in the state of Texas is a significant contributor to the overall economy, bringing in a […]
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Oil prices inched higher Tuesday, rising on OPEC’s newly extended production cuts and tensions with Iran, but still under pressure from demand concerns tied to slowing global growth and the trade dispute between the U.S. and China. “A decade ago, or even a few years ago, oil prices would probably be a lot higher,” even with these same […]
https://www.rangerminerals.com/wp-content/uploads/2019/07/Untitled.png286700Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-07-10 18:10:552024-01-14 03:30:49Oil Prices are in a ‘Sweet Spot,’ but for 2 Risky Reasons
WoodMac: Permian Will Need Extra Oil Pipelines To Cope With Surging Output
IndustryExtra Oil Pipelines U.S. shale play will need extra oil pipelines pipeline capacity up to 500,000 bpd by the end of 2030 to ship soaring crude output to markets, Wood Mackenzie said in new research this week. Midstream operators are set to add 4 million bpd of Permian-to-Gulf Coast pipeline capacity by the end of […]
Texas oil and gas industry now supports 1 in 6 jobs, study says
IndustrySupports about 17 Percent of Jobs The booming oil and gas industry in Texas now supports about 17 percent of jobs in the state, either directly or indirectly, according to a new economic analysis. The oil and gas industry in the state of Texas is a significant contributor to the overall economy, bringing in a […]
Oil Prices are in a ‘Sweet Spot,’ but for 2 Risky Reasons
IndustryOil prices inched higher Tuesday, rising on OPEC’s newly extended production cuts and tensions with Iran, but still under pressure from demand concerns tied to slowing global growth and the trade dispute between the U.S. and China. “A decade ago, or even a few years ago, oil prices would probably be a lot higher,” even with these same […]