Permian Basin
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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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News
Vista Proppants and JupiterMLP partner in Pecos
In an attempt to ease Permian bottlenecks, Vista Proppants has partnered with JupiterMLP to transload crude oil from truck to…
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