By Merrill Matthews There has been some media grumbling lately – including from some who are viewed as conservative leaning – about U.S. oil companies exporting oil. The complaint: The U.S. imports and refines lots of oil, so why isn’t that oil being sold to and used in the U.S. rather than to other countries? …
Tag Archive: Oil
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Mar 15
East Texas Oil Museum open during spring break
The East Texas Oil Museum at Kilgore College will be open throughout the Kilgore College spring break. The museum is currently open on its winter schedule which is Tuesday-Saturday, 9am-4pm,Sundays from 2-5, and closed Mondays. The museum encourages visitors to come and experience several new exhibits that have been installed. Admission is $5 for ages …
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Feb 07
Oil industry profits are… good!
By Robert L. Bradley, Jr. The world’s largest energy companies just released their fourth-quarter earnings. Though slightly less than the previous quarter’s gains, the figures were, nonetheless, headline-grabbing. Chevron generated $5.1 billion. Shell earned $6.5 billion. ExxonMobil, the leading U.S. oil company, earned a whopping $9.4 billion. On cue, left-leaning pundits and activists rose to …
Permanent link to this article: http://www.easttexasreview.com/oil-industry-profits-are-good/
May 18
Comptroller raises revenue estimate
Texas Comptroller Susan Combs increased her state revenue estimate today based on a strengthening economy. “I am raising the general revenue estimate for the next biennium by $1.2 billion,” Combs said. “Maintaining a cautious outlook for the next biennium, my office estimates sales tax, oil production tax and motor vehicle sales tax will bring in …
Permanent link to this article: http://www.easttexasreview.com/comptroller-raises-revenue-estimate/
Feb 01
Be Glad You're Not Yemeni
By William A. Collins World-class buildings Aren't enough To bring a nation Up to snuff. Yemen is finally being thrust upon American consciousness. Little good can come of that. Until now, the Yemenis had been allowed to suffer in private desperation. That's over. Their worst liability is a sinking water table, which is compounded by …
Permanent link to this article: http://www.easttexasreview.com/be-glad-youre-not-yemeni/