Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Oil Dips as Economic Gloom Undercuts Middle East Supply Risk
Oil slipped as broader market weakness and concerns about a global glut of crude overshadowed escalating tensions in the Middle East. West Texas Intermediate fell 1% to settle below $67 a barrel, snapping a two-session winning streak.
Abandoned 50-year-old oil well wreaks havoc on remote town
An abandoned century-old oil well has wreaked havoc on a remote Texas town and made a family-owned ranch ‘unstable.’ A gigantic sinkhole has formed around an oil well on the Kelton Ranch in the Permian Basin – measuring 200 feet in diameter and 40 feet deep.
Curious Minds Corner
What is the primary component of natural gas?
The primary component of natural gas is methane (CH4).