- Transcanada and Spectra Energy are working on pipelines to bring natural gas to Mexico. The pipelines will greatly benefit Texas.
2. The number of rigs exploring for oil and natural gas in the U.S. rose by six last week to 414, the second consecutive week the count has increased after a slide that lasted months and pushed the count to record-low levels amid collapsed energy prices. Finally, we’re on an upswing!
3 & 4. Two companies stand out, and lots of producers are interested in what they have to offer. Flo-Rite Fluids’ magnetic fluid conditioning promises to get rid of paraffin problems. Oilfield veteran manufacturer and service provider Ward Leonard is becoming the go-to company for comprehensive service on motors and generators
5. Predictions are nothing new, but we sure like to hear them. This week, the IEA industry execs predict the oil price will stay around $50.