Permian Basin
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Business
Texas’ Port Corpus Christi poised to become top U.S. crude oil exporter along Gulf of Mexico
Port Corpus Christi could emerge as the United States’ top crude oil export hub over the next decade, thanks to…
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Company earnings
Chevron posts earnings beat on aggressive expansion in Permian Basin
WTI’s recovery this quarter should accelerate production in the Permian Basin, driving further truckload demand.
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Energy
FreightWaves oil report: the numbers don’t lie; the market is getting tighter
OPEC’s cuts have brought its output down to the level where forecasts are saying it needs to be to keep…
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News
Today’s Pickup: Tesla’s new charging stations can charge cars in around 15 minutes
Tesla’s V3 Supercharging station discharges 250 kW; Italy’s olive-oil industry is facing an agrarian crisis; Americans are abandoning public transit;…
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News
U.S. raises safety bar for crude oil transported by rail
Rails may need to raise rates to comply with new rules from Washington.
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Economics
The Permian Basin’s demand for crude oil tanker trucks could quadruple in Q2
Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.
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News
Southeastern flatbed demand softens amid housing lull
We talked to freight brokers at LYNC Logistics, Arrive Logistics, and MoLo Solutions about whether recent softness in flatbed demand…
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Economics
Brent-WTI spread widens; crude prices propped up by supply worries
The pipelines taking oil away from the Permian are at capacity, causing a buildup of WTI inventory at the Cushing,…
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News
GE Transportation: managing volatile logistics operations in the Permian Basin
There is incredible demand right now for frac sand in the Permian Basin. With the explosive growth in fracking, customers…
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Economics
Crude oil prices rally to a four year high
Brent and WTI prices have reached 4 year highs, and the Brent-WTI spread continues to favor American oil exports on…
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