Home / Permian News (page 38)

Permian News

Santa Fe split shown in council vote

Meeting

It was a “Tale of Two Cities,” Santa Fe style. The City Council voted 5-4 late Wednesday night to uphold a decision by the Planning Commission that allows for MorningStar Senior Living — a 104-bed, two-story, 73,550-square-foot assisted living facility for seniors — to be built on Old Pecos Trail at Calle de Sebastian. Voting against the proposal were councilors ...

Read More »

RRC Chairman David Porter lights up Congress with export ban testimony

oil tanker

The latest push for American oil exports happened yesterday day as Texas Railroad Commission Chairman David Porter testified before the U.S. Agriculture Committee today on the importance and urgency of lifting the federal ban. Many like Porter see lifting the ban as a policy move to spur new American energy production and foster economic growth. In the his speech, the ...

Read More »

Porter to Congress: Lift the export ban

Oil Exports

When Saudi Arabia placed an embargo on oil in the 1970s, the U.S. banned oil exportation in hopes of preserving the nation’s energy security. But according to Texas Railroad Commission Chairman David Porter and six other oil and gas experts present at Tuesday’s House Committee on Agriculture hearing in Washington D.C., it’s time to lift the ban. “The world today ...

Read More »

Ex-oil hand turns to crime during slump

Its still hard times for roustabouts and as some have taken to other fields of work, one Texas man turned to the black market of human smuggling for cash. According to court records obtained by Breitbart Texas, Brandon Lee Gamez was recently arrested near Freer, Texas. Federal prosecutors claim he drove a truck down a rural road known for drug ...

Read More »

Sales tax Odessa sees lower sales tax revenue

tax

The City of Odessa received its July sales tax check for $3,246,663.77. This includes the economic development sales tax of 1/4 cent. The City of Odessa will receive $2,597,331.02 and the Odessa Development Corp. will receive $649,332.75, a news release said. The city itself saw a decrease with July’s sales tax revenue total of $2,597,331.02, which reflects a $362,553.17 or ...

Read More »

TxDOT project under way in Odessa

construction signs

Construction crews will be working in the area during the next few weeks as part of ongoing Texas Department of Transportation projects. According to a TxDOT news release, FNH Construction of Farmers Branch will be working in both Odessa and Kermit. Workers will repair concrete that holds decorative pavers in place at intersections on Highway 385 between Fourth Street and ...

Read More »

As oil teeters at $50, a few shale producers still drilling more

barrels

WILLISTON, N.D./HOUSTON, July 9 (Reuters) – A handful of optimistic U.S. shale drillers are sticking with plans to deploy more rigs in the coming months even as oil prices take a sharp dive well below many producers’ $60-a-barrel breakeven point. On Wednesday, Pioneer Natural Resources Co. became the first big company to publicly confirm it was drilling more wells, saying ...

Read More »

And there’s still more rain on the way

This year in New Mexico, even the slow weather days can boast the occasional bursts of drama. Santa Fe experienced two rounds of hail, heavy rain, a flash-flood warning and some street flooding Wednesday, and that was supposed to be the down day in a week of very active, very wet weather in New Mexico. “It still is a down ...

Read More »