Tag Archives: US Crude

HEADLINES: Billion-Dollar Deals; Production Surge; Election Effect

Chesapeake Energy’s nearly $4 billion acquisition of WildHorse Resources marks a pivot point for the company. That’s what Chesapeake CEO Doug Lawler told the audience at the Deloitte Oil and gas Conference in Houston this week—just hours after news broke of the mega-deal in the Eagle Ford. In case you missed it, Chesapeake Energy said […]

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Texas flood: U.S. Oil Exports Pour Into Markets Worldwide

NEW YORK/LONDON/SINGAPORE (Reuters) – In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo. The repeal has unleashed a flood of U.S. shale oil, undercutting global crude prices, eroding […]

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