Aresco's Latest News & Articles

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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Trump Admin Removes Obama-Era Fossil Fuels Valuation Rule

U.S. Department of the Interior announces repeal of the Valuation Rule for fossil fuels. What are the implications?

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Permian Shale Threatens OPEC Dominance

Permian shale has led the oil boom and OPEC is having a hard time swallowing that fact. Crude output in the Permian has been a thorn-in-the-side of OPEC.

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US Oil Production Could Hit 48-year High in 2018

As a result of expected OPEC production cuts, U.S. crude oil production …

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Record Crude Exports to Asia Expected in February

In a recent article on Reuters it was stated that U.S. crude …

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US Crude Exports in 2017 Could Exceed Some OPEC Nations

With a pro-oil administration now at the helm in the U.S., oil …

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U.S. Oil Exports on the Rise

Times are changing due to the lifting of the U.S. oil export …

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