Not exact matches
West
Texas Intermediate crude
oil, the US benchmark, has gained 11 % this year as Russia along with the Organization of Petroleum Exporting
Countries continue to cut their production.
In early March, as rebels fought for control of the
country's east coast ports, where much of the
country's
oil is refined or shipped abroad, the price of the American crude contract (West
Texas Intermediate, or WTI) broke US$ 100 for the first time since 2008.
To answer a few of your questions, exporting bitumen from Canada's west coast will not make the
country any stronger, only the
Texas oil company a little richer, and the earth much more in peril.
Oil plays in North Dakota, Texas, and elsewhere around the country may have reversed declining US production, but much of that oil is also ending up on rail cars bound for coastal refineri
Oil plays in North Dakota,
Texas, and elsewhere around the
country may have reversed declining US production, but much of that
oil is also ending up on rail cars bound for coastal refineri
oil is also ending up on rail cars bound for coastal refineries.
Overall
oil and gas employment in the
country totals 403,600, meaning
Texas accounts for 54 percent of the U.S. total.
Texas is home to one of the
country's biggest
oil and natural gas fields, which is fueling an economic boom.
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Texas Intermediate
The US
oil industry has slowed down: but EOG Resources, the
country's largest shale
oil producer, has forecast a return to «double - digit» production growth if the US benchmark, West
Texas Intermediate, rises to $ 65 per barrel or higher.
Now,
Texas is poised to take center stage as the Permian Basin is becoming the
country's most important
oil - and gas - producing region.
Heir to the testosterone cinema of Samuel Fuller and Nicholas Ray, Berg's films also find a kind of poetry in opposition, with Friday Night Lights» establishing shots of
Texas's huge, glowering big sky
country and insensate
oil derricks pumping in silhouette set against the mayfly quickening of young men frozen for an instant that is, for many of them, meant to last a lifetime.
As the assumed heir to the throne of an unnamed Middle Eastern
country, Nasir has recently approved a new drilling contract with a Chinese
oil company in favor of the U.S. - owned Connex, thus threatening the pending merger between Connex and Killen, another
Texas - based
oil company run by executive good - «ol - boy Jimmy Pope (Chris Cooper).
With promising holdings in the legendary
oil country of
Texas for Mondial Ventures and in the rich gold fields of Idaho for Premium Exploration, there is the potential for high growth that simply does not exist anymore for the ExxonMobils and BHP Billitons of the world.
Texas has always been known for its
oil fields, but advances in technology and pipeline infrastructure has allowed the
oil industry to boom in other parts of the
country.
Texas, the
country where Europeans often only think of keywords such as slavery, native American wars,
oil exploitation, capital punishment, weapons lobby, creationism, and militant anti-abortionists.
California is the
country's third - largest
oil producer, delivering more than 201 million barrels of
oil in 2015, behind only
Texas and North Dakota.
Bringing this heavy
oil from Alberta to
Texas, Eastern Canada and Eastern USA will further increase GHG in both
countries.
At the local level,
Texas, the state that long led the
country in
oil production, has taken the lead in wind generation as well.
• The diluted bitumen Alberta wants to export has chemical and combustion properties that make it far inferior to the higher - quality
oil the LOOP has access to from US formations in the Dakotas and
Texas, or OPEC
countries, or the North Sea.
Texas, this
country's leading
oil producer for the last century, is now our leading generator of electricity from wind, having eclipsed California two years ago.
The Eagle Ford Shale in East
Texas is one of the largest available sedimentary rock formation in the U.S. and one of the most productive regions in the
country for
oil and gas extraction companies.