How another million barrels of crude oil a day will impact Texas

Posted on


  1. How another million barrels of crude oil a day will impact Texas  KXAN.com
  2. Crude Oil Price Update – May Try to Build Support Base at $58.99 to $58.60  Yahoo News
  3. Crude Oil And The $60 Handle  Seeking Alpha
  4. Oil Breaks Above $60 on Increasing Demand  Fox Business
  5. Full coverage

Image Result For How Another Million Barrels Of Crude Oil A Day Will Impact Texas

Image Result For How Another Million Barrels Of Crude Oil A Day Will Impact Texas



AUSTIN KXAN A new report from the U.S. Energy Information Administration predicts oil companies will produce a million more barrels of crude oil a day next year. That will bring America to a new record of more than million barrels a day. The West Texas oil fields in the Permian Basin will drive a lot .Strategists are worried that increasing crude exports will affect other oil producing countries efforts to reduce their oil supply. After weeks of shutdowns due to Hurricane Harvey, Texas refiners have already started using more crude oil in their production. Experts describe the current situation as "temporary" .Texas itself was producing just about million barrels of crude oil from its wells each day when it was hit by Hurricane Ike in . "The impact to Houston as the U.S. energy hub I don t think can be discounted. "They are now in other markets like the European market, seeking gasoline supplies. Mexico .As of January , the petroleum refineries in Texas were able to process more than . million barrels of crude oil per day and accounted for It s an unrefined petroleum product composed of hydrocarbon deposits and other organic materials that can be refined to produce usable products such .







Leave a Reply

Your email address will not be published. Required fields are marked *