Energy News Beat Housing market is frozen, people have gone on buyers’ strike, sellers are hoping that this too shall pass. By Wolf Richter for WOLF STREET. The median price of existing single-family houses, condos, and co-ops in the US whose sales closed in December dropped to $382,600, down by 7.5% from the peak in June 2022, according to […]
Energy News Beat We need low-cost energy in the United States, and I love talking with people about the energy market. Shane Stolp, CEO at Wescom, and I had a great talk about all forms of energy. We talked about Wind, Solar, Electric Vehicles, Nuclear, Bitcoin mining, natural gas, oil, and protests. Yes, I just […]
Energy News Beat Weak sales growth has reportedly prompted Ford to cut production of its all-electric F-150 Lightning pickup truck. The company says about 1,400 workers would be impacted by the move to the reduced production schedule, according to the Associated Press. The major U.S. automaker announced it will be cutting shifts, transferring about 700 workers […]
Energy News Beat Qatar Energy within weeks could sign a long-term deal to provide liquefied natural gas (LNG) to Indian buyers on cheaper and more flexible terms than existing contracts, trade sources said, as India seeks to meet a goal to increase the fuel’s use. The Indian companies and Qatar Energy have agreed on terms […]
Energy News Beat The U.S. carried out its fifth airstrike against Houthi targets in Yemen late Thursday night. The Iran-backed rebel group within hours launched two anti-ship ballistic missiles at a U.S.-owned tanker. The Houthis say their campaign is in response to Israel’s bombardment of the Gaza Strip and U.S. support for it. DUBAI, United […]
Energy News Beat Conventional energy is vitally important for all that we do. Missing from news reports to the general public is an honest communication to try to explain the huge and enormous energy systems that we depend on each day and the impossibility of replacing conventional energy with wind and solar. To start 2024, […]
Energy News Beat (WO) – Vallourec, a global provider premium tubular solutions, has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq. The GGIP includes the recovery of gas currently being flared in the Basra region […]
Energy News Beat Over 150 million Americans are under a winter chill advisory due to life-threatening temperatures. Every state besides Hawaii has issued some form of caution to residents as nearly 80% of the nation faces below-freezing weather. Extreme weather highlights the importance of fossil fuels, as there is NO reliable alternative. Texas is on […]
Energy News Beat Wyoming’s oil and gas industry could get slammed by more than $900 million in lost revenue and lose nearly 3,000 jobs under proposed changes in how federal land is managed in southwestern Wyoming. The industry hasn’t ruled out the possibility of litigation to challenge the Bureau of Land Management’s “flawed data” used […]
Energy News Beat When environmental activists calling for less pollution sit in the streets, across Europe they are now abused and attacked, arrested and handed extreme and draconian sentences. When farmers contesting pollution rules block entire city centres and major roads and spray manure on government buildings, the authorities sit and wait for them to go home. Few, if any, […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
