TexasOil

Texas Oil Wildcatters Express Frustration with Trump Amid Price Drops

8 days ago

In recent weeks, oil prices have taken a significant downturn, leading to increased frustration among Texas wildcatters, many of whom had once touted their close ties to former President Donald Trump. As oil prices fell to levels that many in the industry deem unsustainable, these independent oil operators are now questioning the leadership and actions of Trump, a figure they believed would advocate for their interests.

Greenpeace Ordered to Pay Texas Oil Firm $660 Million in Landmark Legal Ruling

28 days ago

In a striking development that underscores the ongoing tension between environmental activism and the energy sector, Greenpeace has been ordered to pay a staggering sum of $660 million to a Texas-based oil firm due to claims of damaging its business reputation and operations. The ruling, which has sent waves through both environmental and corporate circles, highlights the potential legal repercussions faced by activist organizations advocating for the climate.

Texas Oil Export Port Secures Trump's Team's Approval, Boosting Energy Sector

2 months ago

In a significant development for the Texas energy sector, officials announced that a critical oil export port in the state is set to receive the endorsement of former President Donald Trump's administration. This backing is expected to facilitate expansion projects that aim to enhance Texas' capabilities as a leader in oil exports.

Texas Oil Towns and Denver Lead the Way in Weekly Wages Across U.S. Metro Areas

5 months ago

In a recent analysis of weekly wages across major metro areas in the United States, it has been revealed that cities like Midland and Odessa in Texas, primarily driven by the booming oil industry, along with Denver, are emerging as front-runners. Midland and Odessa have consistently ranked at the top, showcasing how the energy sector heavily influences local economies and wage structures.

Major Step Forward: Biden Administration Advocates for Texas Oil Port Approval

6 months ago

In a significant development for the energy sector, the Biden administration has officially recommended the approval of a new oil terminal in Texas. This terminal, designed to facilitate the transportation of crude oil, represents a strategic investment aimed at enhancing the United States' energy infrastructure and boosting its position in the global oil market.