Tag: Barnett Basin
American shale producers putting pressure on weaker OPEC members
Shale producers have plenty of room to reduce costs, small OPEC producers need high oil prices As global oil markets continue to roil, OPEC’s weak sisters are panicking and American shale producers are digging in for a long fight. Last week it was news of Algeria circulating a letter within OPEC lobbying oil ministers to restore […]
American energy jobs drop 6.5% Oct. to April
States heavily dependent on American energy jobs – like Texas – still have low unemployment Producers and service companies shed American energy jobs, but the unemployment rate still dropped in Texas thanks to its resilient economy, according to the US Energy Information Administration. Employment in oil and natural gas extraction and support activities in the […]
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