Texas drilling permits decreased 50% last month from a multiple of factors including President Trump’s tariffs and a decrease in oil prices. CLICK HERE to watch the on-air version of Powering the ...

Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...

Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the ...

Crude oil production in the U.S. is on the rise, according to the U.S. Energy Information Administration. Production of this ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Baker Hughes said oil rigs fell by five to 474 this week, their lowest since January, while gas rigs were unchanged at 101.

U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...