Article By: The Hill President Trump will travel to Texas Wednesday to announce two new executive orders that aim to make it easier for the oil and gas industry to get permits for pipeline construction, among other infrastructure needs. The executive orders, which will be announced at the International Union of Operating Engineers’ International Training and Education Center outside Houston,…
Article By: OGJ Due to a slightly tighter global oil market, the US Energy Information Administration, in its latest Short-Term Energy outlook, forecasts Brent spot prices to average $65/bbl in 2019, up $2/bbl from last month’s STEO forecast, and $62/bbl in 2020. These compare with an average of $71/bbl in 2018. EIA expects that West Texas Intermediate crude oil prices…