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California attorney general subpoenas refiners on gas prices

refinery, California

The California attorney general has issued subpoenas to several oil refiners to learn how they set gasoline prices, which are consistently higher in California than in most other states. Chevron Corp., Exxon Mobil Corp., Valero Energy Corp. and Tesoro Corp. confirmed on Thursday that they have received subpoenas in recent weeks. The attorney general is making a sweeping request for ...

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What the Dallas Fed Quarterly Report means for Eagle Ford shale jobs

eagle ford, jobs

On June 29th the latest quarterly report released by the Federal Reserve Bank of Dallas addressed the capital spending, costs, production levels, employment and overall current business activities of energy companies from Louisiana, New Mexico and Texas. From approximately 200 gas and oil companies surveyed, 42 percent stated that they expect their employment levels to remain consistent with those of ...

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Emerging Company H2O Midstream to focus on water infrastructure

produced water, water infrastructure, h2o midstream

A new player on the midstream oil and gas field, H2O Midstream, LLC has set their sights on reducing costs by improving strategic water management in the oil and gas industry. According to Chief Executive Officer Jim Summers, “We see a tremendous opportunity to help the industry lower costs, increase reliability and improve safety performance while allowing producers to focus ...

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Not Satisfied With Your Safety Performance?

safety

The Value Proposition Losses are not good for business.  Injuries or property damage cost money and threaten sustainability in a number of ways and often result in bad morale, lost productivity, lost customer opportunities, and higher insurance premiums to name a few. Safety performance is a reflection of a company’s efforts to control loss.  Performance can be measured by a ...

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CHARGE – Energy Branding Conference works to give energy retailers competitive edge

Charge energy branding conference Iceland

The island nation of Iceland offers profoundly beautiful landscapes and unique natural wonders. While Las Vegas may have its neon lights, Iceland has the northern lights. Vast wilderness, colorful cities and vibrant culture attracts visitors from across the world. One of Iceland’s biggest draws is its thermal energy pools and spas. These thermal pools are a source of natural therapy ...

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Oil closes near $50 as US stocks claw back half ground lost after “Brexit” vote

oil price, Brexit

U.S. stocks were on track to close sharply higher in late-afternoon trading Wednesday, echoing strong gains in global markets as investor worries about Britain’s vote to leave the European Union eased. Traders also got encouraging data on U.S. consumer spending. Energy companies led the rally as the price of crude oil closed higher. Health care, industrials and financials stocks were ...

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Destination: North Dakota

Bakken tour, CTD

Comprehensive new tour takes travelers off-the-beaten-path throughout the Roughrider State and into oil country Would-be travelers who assume North Dakota is a “drive-through” state may need to think again once tour operator Country Travel DISCOVERIES (CTD) shows them the state’s wonders, including a couple of days in oil country. The Wisconsin-based company specializing in guided tours with a rural emphasis ...

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North Dakota 1st quarter taxable sales drop 33 percent

BISMARCK, N.D. (AP) — North Dakota’s Tax Commissioner says the state is returning to a “pre-oil boom economy” due to slumping crude and farm commodity prices. Ryan Rauschenberger (RAW’-shun-bur-gur) says the state recorded $3.8 billion in taxable sales and purchases during January, February and March. That’s down 33 percent from a record $5.8 billion for the same period a year ...

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Maryland’s minimum wage to rise 50 cents to $8.75

ANNAPOLIS, Md. (AP) — Maryland’s minimum wage and the state’s gas tax are going up. Here’s a look at some new laws that take effect Friday: MINIMUM WAGE Maryland’s minimum wage will rise from $8.25 to $8.75. It’s the latest bump scheduled to take effect since lawmakers in 2014 approved increases over several years from $7.25. It is scheduled to ...

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Crude, energy stocks fall again

wall street, financial markets, oil price

U.S. stocks indexes headed sharply lower in afternoon trading Monday as investors grappled with the fallout of Britain’s vote to leave the European Union. European stock markets extended their losses from Friday. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take a hit. On Wall ...

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