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Author Archives: Ross Torgerson

Oil prices rise on expected U.S. shale production dip

SINGAPORE – Crude prices rose on Tuesday after the U.S. Energy Information Administration said it expected U.S. shale oil output to record its first monthly decline in over four years. Front-month Brent crude futures were trading up 34 cents a $58.27 a barrel by 0106 GMT, while U.S. crude had risen 31 cents to $52.22. The EIA expects U.S. shale ...

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Texas House set to vote on bill banning local fracking bans

Texas House

AUSTIN, Texas — The Texas Legislature is poised to take a major step toward wiping out a highly-publicized local ban on hydraulic fracturing approved by a college town near Dallas — and ensuring that other communities don’t follow suit. San Angelo Republican Rep. Drew Darby’s bill is poised for House debate and approval Tuesday. His is one of 11 proposals ...

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18 arrested, accused of using fake identities to get jobs

arrested

BEAUMONT, Texas — Authorities have arrested 18 people on accusations they used fake identities to get jobs at various refineries, industrial plants and shipyards in Southeast Texas. A U.S. district attorney’s office says the accused had been living in the U.S. without legal permission. A federal grand jury indicted the accused earlier this month on charges ranging from illegal re-entry ...

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US oil and natural gas rig count drops by 40 to 988

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 40 this week to 988 amid depressed oil prices. It was the first time the weekly count was below 1,000 since September 2009. Houston-based Baker Hughes said Friday 760 rigs were seeking oil and 225 explored ...

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