Major oil companies are drilling in East Texas again, but not for oil. This time, they’re after lithium for batteries and other rare elements. Chevron and Halliburton announced East Texas projects this summer. Exxon has acreage across the border in Arkansas.
Texas drivers are getting some relief at the pump for the second week in a row. According to AAA Texas, the statewide average for regular unleaded gas has dropped to $2.64 per gallon — down seven cents from last week and 18 cents lower than this time last year.
Curious Minds Corner
What’s the term for deviating a well bore directionally while drilling?
Directional drilling, which today may go horizontal for 2 miles or more.