Aresco's Latest News & Articles

Market Indicates US Oil Exports to Soar This Summer

Market indicators point to soaring US crude oil exports this summer. Here are a few of the indicators & conditions that point to this likelihood.

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Texas Oil Production Breaks the Billion Barrel Mark in 2017

Texas oil production continues to climb with many factors contributing to Texas’ crude output. See why Texas leads the US in crude oil production.

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Trump Tax Cuts Sparks Major Investments in Oil and Gas

Major investments in oil and gas were sparked by the Trump era tax cuts and companies are pledging billions of dollars in new investment opportunities.

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Moderation is the Key for Oil Producers

Moderation is the key for oil producers in the coming years for several reasons including to avoid overproduction. Learn more information here.

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Turmoil in Saudi Arabia and Oil Prices

Concerns over Saudi Arabia and oil prices has had the industry buzzing for the last several weeks. Are the concerns justified or blown out of proportion?

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US Oil Exports Could Soon Hit 2.2 Million BPD

According to Marco Dunand, the chief executive of trading house Mercuria, US oil exports could hit 2.2 million barrels per day in the coming weeks.

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US a Net Exporter of Oil by 2023 Says S&P Global Platts

If the US becomes a net exporter of oil by 2023, as predicted by S&P Global Platts, it could possibly change the landscape of the global oil industry.

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Permian Crude Fuels Oil Exports from Corpus Christi & Houston

Permian Basin crude oil is feeding the global hunger for West Texas Intermediate WTI which means good news for the economies of Houston & Corpus Christi.

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US Shale Production on Record-Setting Pace

US shale production is on a record-setting pace, but is that good for oil investors or are domestic producers playing right into the hands of OPEC?

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Texas Drilling Permits Up Sharply in 2017 Vs. 2016

Good news for oil investors as Texas drilling permits rise sharply in 2017 versus 2016 according to Ryan Sitton of the Railroad Commission of Texas.

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