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Tag Archives: producers

US producer prices rise in April for first time in 3 months

producers, gas, manufacturers

WASHINGTON (AP) — Prices charged by U.S. manufacturers, farmers and other producers rose for the first time since January, lifted by higher costs for gas, steel and medicines. The Labor Department said Friday that the producer price index, which measures price changes before they reach the consumer, increased 0.2 percent in April. That followed small declines in February and March. ...

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Oklahoma regulators release plan to reduce temblors

Oklahoma regulators release plan to reduce temblors

TULSA, Okla. (AP) — State regulators are asking oil and gas producers in central Oklahoma to restrict wastewater disposal operations to help temper a sharp increase in the number and severity of earthquakes. Monday’s request covers more than 400 wells across 5,200 square miles. It comes after a similar directive in February covering nearly 250 wells in northwestern Oklahoma. Scientists ...

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O&G sector hits new employment record

worker

According to the newest Texas Petro Index, even with oil prices decreasing, oil and gas operations in Texas are not slowing down.  Instead, the industry set new well-permitting and employment records during October. A few highlights from the October Texas Petro Index report explain how the continuing oil boom is possible.  Crude oil production in Texas totaled 98.2 million barrels, ...

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Marcellus players looking long-term

pump jack

If there’s a notion out there of wildcatters hopping from town to town, striking it rich on an oil and gas well and moving on to the next great thing, it isn’t so today. Not with shale. This, companies say, is a long-term game. It has to be so for the economics to make sense, as companies struggle with low ...

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Heard Off the Street: Where are energy firms buying their steel?

steel

Len Boselovic | Pittsburgh Post-Gazette When it comes to purchasing steel tubes, the buying habits of domestic energy producers have caused a world of hurt for U.S. steel producers, who expected America’s drive to energy independence would mean more jobs for American workers. Instead, it’s meant a tidal wave of dumped, subsidized imports of steel pipe. The fact that U.S. ...

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