RSSState/National

You’ve been warned

March 8, 2017

Gas prices are about to get pumped up, eventually climbing to the year’s highest levels as refineries across the nation are preparing for maintenance season and the seasonal switch to cleaner burning gasoline, a tradition despised by many.

The hikes are due to summer’s more expensive blend of gasoline, required by the Environmental Production Agency (EPA)and the Clean Air Act, as well as refinery maintenance work lasting several months that causes gasoline production to drop, creating a pinch at the pump.…

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Trump set to roll back federal fuel-economy requirements

March 8, 2017

WASHINGTON (AP) — The Trump administration is moving to roll back federal fuel-economy requirements that would have forced automakers to increase significantly the efficiency of new cars and trucks, a key part of former President Barack Obama’s strategy to combat global warming.

The Environmental Protection Agency is close to an announcement reversing a decision made in the waning days of the Obama administration to lock in strict gas mileage requirements for cars and light trucks through 2025.…

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Report: Oil patch sees new drilling

March 1, 2017

Activity in the Permian Basin  oilpatch continues to steadily increase, as reflected by the weeks of increases in drilling rigs reported by oil insider Baker Hughes, Inc. in their weekly rig count.

Last Friday, the Houston-based company reported 602 active oil and gas rigs operating in the United States, with 306 of those located within the Permian Basin region.…

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Drilling permits almost double since last year

February 13, 2017

The Railroad Commission of Texas (Commission) issued a total of 956 original drilling permits in January 2017 compared to 510 in January 2016.

The January total included 865 permits to drill new oil or gas wells, 12 to re-enter plugged well bores and 79 for re-completions of existing well bores.

The breakdown of well types for those permits issued January 2017 included 259 oil, 67 gas, 607 oil or gas, 18 injection, one service and four other permits.…

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US stock indexes edge higher in morning trading; oil rises

January 24, 2017

Materials companies led U.S. stock indexes slightly higher in morning trading Tuesday as investors sized up the latest round of company earnings news. Energy stocks also rose as crude oil prices headed higher. Phone companies and health care stocks were among the biggest laggards.

KEEPING SCORE: The Dow Jones industrial average rose 50 points, or 0.3 percent, to 19,850 as of 11:19 a.m.…

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Trump to take executive action advancing oil pipelines

January 24, 2017

WASHINGTON (AP) — President Donald Trump is expected to take executive action to advance construction of the Dakota Access and Keystone XL oil pipelines.

That’s according to a person with knowledge of the action. The president is scheduled to sign orders at the White House late Tuesday morning.

The Army decided last year to explore alternate routes for the Dakota Access pipeline after the Standing Rock Sioux tribe and its supporters said the pipeline threatened

drinking water and Native American cultural sites.…

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Sen. Perry earns key appointments

January 23, 2017

Lt. Governor Dan Patrick chose State Senator Charles Perry to once again Chair the Senate Committee on Agriculture, Water, and Rural Affairs. Additionally, Perry was named a member of the Committee on Transportation, the Committee on Health and Human Services and the Committee on Criminal Justice.

“I am honored that the Lt.…

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Chairman Conaway Announces New and Returning Agriculture Committee Republican Members

January 17, 2017

House Agriculture Committee Chairman K. Michael Conaway (R-TX) issued the following statement in response to the House Steering Committee’s recommendation of six new members to serve on the Agriculture Committee.

“This is a great group of incoming and returning members, both for the Agriculture Committee and the Republican conference as a whole.…

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Burrows files bills for 85th session

January 11, 2017

The 85th Legislature convened Tuesday and according to preliminary budget numbers, things might get tight.

State Rep. Dustin Burrows (R-Lubbock) told the Brownfield News prior to the session that he was eager to get to work for his constituents, which includes the citizens of Brownfield and Terry County.

“This will be my second session and I can say there was definitely a learning curve the first time,” he said.…

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US stock indexes move higher in morning trading; Oil rises

December 27, 2016
Technology and health care companies helped lift U.S. stocks higher in morning trading Tuesday, nudging the Dow Jones industrial average closer to crossing the 20,000-point mark. Utilities and real estate stocks headed lower. Oil prices were moving higher. A key gauge of housing values showed U.S. home prices increased again in October.KEEPING SCORE: The Dow Jones industrial average added 33 points, or 0.2 percent, to 19,967 as of 11 a.m.…

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