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Showing posts with the label Energy Industry

WTI Oil Trades Near Two-Day Low as U.S. Crude Stockpiles Climb

WTI Oil Trades Near Two-Day Low as U.S. Crude Stockpiles Climb By Ben Sharples West Texas Intermediate oil traded near the lowest level in two days after U.S. crude stockpiles rose almost five times more than forecast. The Brent pipeline system remained shut a fifth day. http://www.bloomberg.com/news/2013-03-06/wti-oil-trades-near-two-day-low-as-u-s-crude-stockpiles-climb.html

A Boom in Houston Is Led by the Energy Industry

A Boom in Houston Is Led by the Energy Industry Office buildings under construction in the Woodlands Town Center. The taller one is for Anadarko Petroleum. By MATT HUDGINS Published: December 4, 2012 HOUSTON — Even first-time visitors here can tell that the city is growing rapidly. Construction cranes overhang office and apartment sites all along the Katy Freeway, a stretch of Interstate 10 that connects a string of booming submarkets west of the 610 Loop. This expanse includes the Westchase neighborhood and the Energy Corridor, home to an expanding cluster of energy companies. http://www.nytimes.com/2012/12/05/realestate/commercial/houstons-boom-is-led-by-the-energy-industry.html