Distillate Market Volatility May Spark Oil and Gas Engine

U.S. distillate inventory, which includes diesel fuel, dropped unexpectedly in April, causing an oil price rally. Will future months see additional surprises? US Distillate Consumption Declined In 2015 Consumption of distillate fuel, which includes diesel fuel and heating oil, fell in the United States in 2015, largely due to warmer…

The East Texas Basin Continues to Surprise

The East Texas Basin, a rather large Jurassic-Aged basin containing a number of hydrocarbon-bearing formations stretched across the northern part of East Texas and West Louisiana, has been making fortunes for mineral-rights owners, drillers, landmen and entrepreneurs since oil was first struck by Columbus Marion (Dad) Joiner (and his rather…