Archive for March, 2015
Reel Thanx of Midland, Texas throws a line to injured soldiers
Reel Thanx has taken 168 soldiers on fishing weekend to Lake Amastad, changed lives Mike Hutt was a broken man when he stepped off the plane at Midland Airport in 2012. And a little apprehensive about the upcoming weekend fishing trip with local charity Reel Thanx. After 17 years in the military, Hutt was discharged […]
West Texas oil rig explosion, three workers killed
Texas oil rig explosion near Rankin, south of Midland An oilfield rig in West Texas exploded Tuesday morning, killing three workers, all members of the same family. Insp. Dusty Kilgore of the Upton County Sheriff’s Office said the west Texas oil rig explosion occurred near the city Rankin, about 40 miles south of Midland. KCBD […]
Time to replace ‘bomb train’ tanker cars in USA, Canada
Canadian Transport Safety Board says even current upgraded tanker car standards are inadequate for oil by rail Recent northern Ontario oil by rail accidents argue convincingly that the unsafe Class 111 tanker cars – dubbed “bomb trains” – comprising the vast majority of both the Canadian and American fleets should be replaced in short order to prevent […]
Low natural gas spot prices don’t mean lower costs to consumers
Many producers hedge against lower natural gas spot prices Wholesale natural gas spot prices may have dropped, but consumers heating their homes and businesses aren’t likely to notice a change on their bills, according to the U.S. Energy Information Administration. This short-term lag is largely due to the nature of utility regulation. Over longer periods, […]
American rig count falls to 1,192, down 75
American rig count peaked at 4,530 in 1981, bottomed at 488 in 1999 Baker Hughes Inc. says the American rig count – drilling rigs exploring for oil and natural gas in the U.S. – fell by 75 this week to 1,192 amid depressed oil prices. Oilfield services company Baker Hughes said Friday 922 rigs were seeking oil […]
Midland leads Texas with 2.3% unemployment, but energy shedding jobs
Texas could lose 125,000 energy jobs in 2015 The most recent jobs data shows the Midland and Odessa area leading Texas employment creation, but storm clouds are on the horizon as the oil and gas sector begins laying off workers because of falling oil prices. According to the Texas Workforce Commission, the Midland Metropolitan Statistical Area […]
Sulfur dramatically reduced in diesel fuel, heating oil
Most distillate fuel now has less than 15 parts per million of sulfur, down from 3,000 Regulations have significantly lowered the amount of sulfur in American diesel fuel and heating oil over the past 20 years, according to statistics from the US Energy Information Administration. Distillate fuel oil supply consists primarily of diesel fuel used for […]
Oil glut: US running out of room to store crude
Prices for oil and gasoline could plunge due to oil glut The U.S. has so much crude that it is running out of places to put it, and that could driveoil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average […]
Texas power grid in good shape heading into summer
ERCOT estimates 77,000 MW of generation for summer peak Texans can look forward to spring and summer heat knowing the state electrical grid will have sufficient electric generation to serve expected peak demand requirements, according to seasonal forecasts released by the Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas. “In a broad […]
American wind energy largest source of new electricity in 2014
American Wind Energy Association says Congress still must provide long-term policy certainty American wind energy added significantly more new electricity than any other resource in 2014, according to U.S. Department of Energy data released Wednesday. Wind power generated 4.4 percent of all the electricity in America in 2014 and maintained its position as the fifth largest electricity […]
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