oil industry

The Source - December 11, 2014
11:45 am
Thu December 11, 2014

The Source: What Will Oil Tumble Mean For South Texas?

Credit Energy Information Agency

Oil prices are down--way down--from their June peak. The release of the oil reserve figures last week from the U.S. Energy Information Agency, showed the country's reserves of 36 billion barrels in 2013, a 35 year high, 10 billion barrels more than just five years before. As global production remains strong, the glut of oil will remain, sending prices--and stocks--tumbling further. 

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Parallels
2:24 am
Fri December 5, 2014

For World's Oil Exporters, Falling Prices Have A Domino Effect

A sculpture of oil workers in Caracas, Venezuela. The country is heavily dependent on oil exports, and falling oil prices have had a ripple effect on the country's already troubled economy.
Ariana Cubillos AP

Originally published on Fri December 5, 2014 12:07 pm

Imagine you're sitting back one evening, planning your holiday shopping list, knowing that every day you wait to get to the shops, the value of your money will be losing ground.

That's what's happening in places like Russia, Venezuela, Nigeria and other nations that rely heavily on oil exports.

Oil was more than $100 a barrel at the start of the summer. Now it's around $70 a barrel, and many forecasts say it could go lower still.

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Energy
3:45 pm
Wed October 29, 2014

T. Boone Pickens On The Plummeting Price Of Oil

Originally published on Wed October 29, 2014 5:16 pm

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Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

MELISSA BLOCK, HOST:

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The Source - October 16, 2014
11:09 am
Thu October 16, 2014

The Source: What Could Low Oil Prices And Slow International Economies Mean For Texas?

Credit "Hitchhacking" via Flickr

This morning U.S. oil prices fell to below $80 a barrel briefly before recovering slightly. The price of oil is still 25 percent lower than its summer peak, and the price at the pump is at a four-year low.

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The Source - September
11:18 am
Thu September 25, 2014

The Source: The Push To Eliminate The Ban On Exporting Oil

Credit Flikr User: verifex http://bit.ly/1Co6U4d

A 39-year ban that keeps American oil from leaving the country--except under special case-by-case permitting--is seeing a serious challenge to its existence.

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The Source: July 1, 2014
9:57 am
Tue July 1, 2014

The Source: Derailments Spike Along With Oil Shipments

Link to original image: http://bit.ly/1lvK3ci
Credit Flickr user Paul Sullivan / cc

Transporting crude oil from areas booming with the hydraulic fracturing revolution relies heavily on railroads. Busier railroads means more derailments and more derailments with trains loaded with old cars filled with oil means more tragedies.

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International Trade
4:28 pm
Mon June 16, 2014

South Texas Lawmaker Urges House To Prepare For Mexican Natural Gas Boom

Landmark reforms that could lead to a deregulation of the Mexico oil industry has a Texas state lawmaker wanting to explore how the state could benefit.  

Early this year Mexico passed one set of reforms in regard to the country’s oil exploration and now the state-run oil company PEMEX is seeking investors and private companies with the skill to help extract one of the biggest oil reserves in the world.   

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Eagle Ford Shale
12:02 pm
Tue April 22, 2014

South Texas Looking To Oil & Gas Exporting At Eagle Ford Consortium Conference

South Texas oil (brown) and gas (blue) wells.
U.S. Energy Information Administration

More than 600 South Texas business and community leaders are meeting in San Antonio this week for the third annual Eagle Ford Shale Consortium Conference.

The communities over the Eagle Ford Shale have come a long way since the first wells were drilled in 2008 and the first few years saw growth so rapid that residents could barely keep up.

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Texas Matters
3:34 pm
Fri April 11, 2014

Did Gov. Perry Overstep Authority In Line-Item Veto Of Public Integrity Unit?

Credit TPR News

Texas Matters: In the last legislative session Gov. Perry threatened to and then vetoed the budget of the state's public integrity unit, a state agency that scrutinizes governmental affairs, when the Travis County district attorney, who oversees the unit, did not step down from her post. A special prosecutor is now looking into the case. Also on this show: The governor's race and pre-K, new addition to Texas public school curriculum, cleanup of oil spill on Texas coast, and endangered species vs. oil prospecting.

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Remembering The Exxon Valdez Oil Spill
2:20 am
Tue March 25, 2014

Why Oil Drilling Is Both Safer And Riskier Since Exxon Valdez

The Ohmsett research facility, which researches oil spill response, was closed just before the Exxon Valdez accident. It was reopened as part of the measures included in the Oil Pollution Act of 1990.
Jeff Brady NPR

Originally published on Thu March 27, 2014 1:59 pm

A lot has changed for the energy industry since the Exxon Valdez hit a reef in 1989 and began spilling oil into Alaska's Prince William Sound. The outcry over images of oil-soaked wildlife and a once-pristine shoreline dirtied by crude ushered in greater scrutiny of oil operations and increased interest in research on how to clean up oil spills.

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