/tags/oil-prices oil prices en-US Copyright Mon, 18 Apr 2022 18:00:00 GMT /business-economy/2022-04-18/biden-increases-oil-royalty-rate-and-scales-back-lease-sales-on-federal-lands The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices. Mon, 18 Apr 2022 18:00:00 GMT /business-economy/2022-04-18/biden-increases-oil-royalty-rate-and-scales-back-lease-sales-on-federal-lands The Associated Press /texas-news/2022-03-25/in-texas-calls-to-boost-u-s-oil-production-after-russian-invasion-run-into-hard-realities Labor shortages, supply chain issues, hesitant financial backers and a frosty relationship with the Biden administration have limited how much Texas oil and gas companies are ramping up production. Fri, 25 Mar 2022 15:28:41 GMT /texas-news/2022-03-25/in-texas-calls-to-boost-u-s-oil-production-after-russian-invasion-run-into-hard-realities Mitchell Ferman | The Texas Tribune /texas-news/2022-03-11/domestic-production-of-oil-will-help-lower-gas-prices-but-relief-wont-come-overnight-experts-say As the war in Ukraine affects gas prices in the United States, Democrats and Republicans are calling for an increase in domestic energy production. But experts say that won’t be a quick fix. Fri, 11 Mar 2022 11:00:00 GMT /texas-news/2022-03-11/domestic-production-of-oil-will-help-lower-gas-prices-but-relief-wont-come-overnight-experts-say Julián Aguilar | The Texas Newsroom /business-economy/2022-03-02/the-u-s-and-30-other-nations-are-releasing-oil-from-reserves-to-try-to-calm-markets Oil-consuming nations will bring 60 million barrels of crude out of storage and onto global markets. It's supposed to calm oil prices down, but global crude went up on the news. Wed, 02 Mar 2022 14:00:00 GMT /business-economy/2022-03-02/the-u-s-and-30-other-nations-are-releasing-oil-from-reserves-to-try-to-calm-markets Camila Domonoske /business-economy/2021-05-02/exxon-posts-2-7-billion-quarterly-profit-after-unprecedented-year The oil giant brought in $59.15 billion in revenue, up 5% from $56.16 billion during the same quarter last year. It exceeded analyst projections for the quarter. Sun, 02 May 2021 23:00:39 GMT /business-economy/2021-05-02/exxon-posts-2-7-billion-quarterly-profit-after-unprecedented-year Associated Press /business-economy/2020-11-22/oil-is-in-trouble-so-is-texas The price of oil is a third less than it was in January. Every dollar the price drops represents a decline of about $85 million in economic impact in the state. By many estimates, the speed and severity of this bust make it the worst on record. Mon, 23 Nov 2020 00:00:52 GMT /business-economy/2020-11-22/oil-is-in-trouble-so-is-texas Paul Flahive, Michael Taylor /business/2020-09-24/dallas-fed-survey-oil-and-gas-activity-continues-to-dip-but-at-a-slower-pace Oil and gas companies say operations are slowly ramping back up, but rig counts won’t significantly increase until West Texas Crude is more than $45 per barrel. Thu, 24 Sep 2020 16:00:48 GMT /business/2020-09-24/dallas-fed-survey-oil-and-gas-activity-continues-to-dip-but-at-a-slower-pace Kyra Buckley| Houston Public Media /news/2020-01-13/u-s-is-not-energy-independent-despite-trumps-claims Iran has vowed revenge on the United States for the assassination of General Qasem Solemani. In the past, Iran has responded to attacks by targeting oil… Mon, 13 Jan 2020 19:16:53 GMT /news/2020-01-13/u-s-is-not-energy-independent-despite-trumps-claims Andrew Schneider / Houston Public Media /2016-11-07/if-demand-for-oil-stops-growing-what-does-it-mean-for-texas-and-everyone-else As soon as five years from now, global demand for oil might stop growing. That prediction may not seem surprising, if it came from an environmental... Mon, 07 Nov 2016 14:03:47 GMT /2016-11-07/if-demand-for-oil-stops-growing-what-does-it-mean-for-texas-and-everyone-else Mose Buchele /2016-08-05/why-do-milk-prices-spike-and-crash-because-its-like-oil Milk is like oil - it's refined into products that are traded globally. So global events can mean profits or losses for dairy farmers. This year, they're seeing losses, and asking Congress for help. Fri, 05 Aug 2016 18:15:00 GMT /2016-08-05/why-do-milk-prices-spike-and-crash-because-its-like-oil Dan Charles