Permian Basin

Federal regulators have approved a private company’s plan to store nuclear waste in the oil fields of West Texas, the latest move in the continuing saga of where to store spent fuel from U.S. nuclear power plants. The U.S. Nuclear Regulatory Commission (NRC) on Sept. 13 issued a license to Interim Storage Partners LLC (ISP), […]

Average natural gas prices at Henry Hub in 2020 could fall to below $2/MMBtu —a level “not seen in decades”—owing to a persistent oversupply, a new report from information and analytics firm IHS Markit suggests.  Prices could fall despite strong demand for natural gas, both domestically, including for power generation, as well as for exports. […]