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In U.S. oil capital Houston, no cheap fuel bonanza for airlines

2016-01-28 12:55:07| Oil & Gas - Topix.net

While airlines are in no rush to pass on fuel savings to passengers brought by the collapse in oil prices, the Houston travel market has left them little choice. Airlines serving the U.S. oil capital have resorted to steep discounts to lure newly budget-conscious energy executives back into the air, according to an analysis of ticket prices provided exclusively to Reuters.

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Key to Surviving the Oil Bust: Beware Bankers Bearing Cheap Debt

2016-01-26 23:02:29| Energy - Topix.net

During the go-go days of $100 oil, bankers swarmed into Travis Stice's office in downtown Midland, Texas, trying to sell him on the wonders of easy credit. He didn't bite, not even when equity analysts groused that Diamondback Energy Inc. would grow a lot faster if he'd just spend more of other people's money.

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Key to Surviving the Oil Bust: Beware Bankers Bearing Cheap Debt

2016-01-26 15:19:16| Oil & Gas - Topix.net

During the go-go days of $100 oil, bankers swarmed into Travis Stice's office in downtown Midland, Texas, trying to sell him on the wonders of easy credit. He didn't bite, not even when equity analysts groused that Diamondback Energy Inc. would grow a lot faster if he'd just spend more of other people's money.

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Dont let cheap gas drain reasons tank-driving still costly

2016-01-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Post and Courier: A very good year for the auto industry should raise warning flags for almost everyone else. The United States hit an all-time car-buying record in 2015, with auto makers reporting a shocking 17.47 million vehicles sold. More critically, sales of smaller cars actually decreased slightly, meaning that virtually all of the growth in vehicle purchases came from SUVs and trucks. That trend in particular is driven by comfortably low gas prices, which have stayed around $2 per gallon nationwide...

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$1.22 A Gallon: Cheap Gas Raises Fears Of Urban Sprawl

2016-01-23 12:21:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: At $1.22 a gallon, a gas station on Columbus, Ohio's southwest side is drawing customers from all parts of the city. Stan Cartwright drove there from across town. "I came for the gas price. I live on the East Side, and so, you know, I had to make a little bit of a commute, but it was worth it," he says. The bargains aren't just in Columbus; drivers all around the state are saving money. "Prices in Ohio tend to be very, very competitive," says GasBuddy.com petroleum analyst Patrick DeHaan....

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