OklahomaMinerals.com
Exploration
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2.2KShale Giants Clash Over Oil-Supply Cut to Survive Crude Rout
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
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2.3K
US crude storage could fill up in May as refinery demand, oil exports plunge 30%
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
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1.7K
EIA forecasts U.S. oil boom will reverse amid coronavirus disruption
AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
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1.6K
Chaos and scrambling in the U.S. oil patch as prices plummet
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
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1.6K
‘We are on the verge of a massive collapse’: Ex-Energy Secretary Perry says COVID-19 will ravage oil industry
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
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2.0K
Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
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1.7K
“Rocks Don’t Go Bankrupt” Experts Say Shale Will Rise Again
Bloomberg – The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed...
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1.8K
Oil falls as sinking demand outweighs stimulus hopes
Reuters – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand...
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1.9K
U.S. Shale Goes Viral
Forbes – When it rains it pours. International and domestic oil and gas markets and prices are under heavy pressure from COVID-19 impacts and...
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1.7K
Few U.S. shale firms can withstand prolonged oil price war
Reuters – For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and...
