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US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

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US Oil, Gas Drillers Slow Operations Amid Rising Prices

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Crude Oil Market Tightens as Production Stalls and Rigs Lag

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US Rig Count Rises For First Time in Three Weeks

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Australia and Japan face jet fuel supply crunch as China cuts exports

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US Drillers Pull Back As WTI Soars Past $98

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US Drillers Add Oil Rigs For Second Week In A Row As Prices Soar

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US Drillers Add Oil, Gas Rigs As Brent Tops $100 For First Time in Years

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Call to shift from gas to electricity and renewable energy

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US Drillers Add Oil Rigs as WTI Jumps 14%

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Oil and fuel shipments through the Strait of Hormuz have been suspended.

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Oil breaks out

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Texas Natural Gas, Oil Drilling Permitting Jumps 38% in February

The Railroad Commission of Texas (RRC) reported that it issued 38% more original drilling permits year/year across the Lone Star State in February. The natural gas and oil industry regulator granted 836 drilling permits in February, compared to 606 during the same month last year. Texas, particularly the Permian Basin, has been leading “the U.S. onshore in completion activity,” Primary Vision’s Mark Rossano, partner/lead analyst, told NGI. “The Permian is operating at levels we saw in 2018/2019 given the pricing and proximity to the coast, but we are currently running at or near full utilization rates in the area.”