The U.S. crude output growth buckled last month. Meanwhile, OPEC has boosted its production.
Research from the US Geological Survey confirms fracking is linked to earthquake activity.
In the last month, local companies dropped their prices 35-40 percent. This comes after the great success that the United States has had in the oil patch, leading to more supply than demand.
It is said an education can bring you a better future, but Permian Basin school districts like Midland ISD see some students slipping away.
Some people believe the earthquakes are just nature's hand at work, as there are a few faults within the Callahan Divide. Others firmly state that the quakes are caused by the hand of oil companies pumping both natural gas and water out of the ground.
While many in Texas, including here in the Big Country, are enjoying the benefits from the oil boom, not everyone is happy.
Due to recent economic growth sparked by the oil boom, a Brownwood business is finding itself without an adequate supply of job seekers to fulfill their growing needs.
The city of Brownwood is experiencing a growing economy thanks to the west Texas oil boom.
Oil and gas drilling and production equipment more than 100 years old is permanently on display at the Permian Basin Petroleum Museum. But years of outdoor wear and tear have caused some of the equipment to rot and fade.
In West Texas, oil and gas development is surging, but it's also fueling a huge demand for electricity that the current infrastructure struggles to meet. The result? A congested grid and higher electricity bills for consumers.
Despite critics' calls for more scrutiny, federal pipeline regulators say they see no reason to delay activating the Oklahoma-to-Texas leg of the controversial Keystone XL pipeline, which is set to be turned on next week.
La Salle County officials have agreed to pay a portion of the repair costs and all the maintenance costs for 20 miles of roads that the Texas Department of Transportation had intended to convert to gravel.
As the drought continues across Texas, more oil and gas companies are considering the long-term benefits of water recycling, and state officials are trying to make the transition easier.
At Thursday morning's meeting, the Abilene City Council voted to approve four more oil wells to be drilled inside the city limits.
CO2 injections into oil and gas well in the Snyder area could be causing Earthquakes.
Dozens of earthquakes have shaken the Snyder area in recent years, and the work surrounding the oil boom may be to blame.
Do you know exactly how many products require the chemical use of petroleum?
Along with new jobs, the West Texas oil boom is bringing a boost to the local economy, and some Abilene businesses are already feeling the impact--including plastic surgeons.
As the Texas Department of Transportation blames a funding shortfall for its plans to convert some rural roads to gravel, South Texans argue they are being unfairly punished for the region’s drilling boom. Texas' coffers are bulging from oil production taxes, and they say maintaining roads damaged by drilling trucks should be the state's priority.
The drilling boom in the Eagle Form Shale has transformed communities across the shale's 20-county region, particularly in South Texas. But concerns over the environmental impact persist. That was clear when oil and gas representatives, along with academics, discussed the economic benefits of the boom at a Laredo forum.
The impending oil boom has business owners weary if it will every show up. Sweetwater Enterprise for Economy Development says they're doing what they can to prepare Sweetwater for the oil boom, but not over-prepare. Business owners say they're doing what they can to not depend on potential oil workers to keep their businesses afloat.
The wind industry is slowly coming to a stand still in some parts of the Big Country, and many jobs are on the line. Wind Clean in Coleman is transforming its corporation to focus on another energy resource, and in the process saving jobs. Employees now work on services that will help the oil industry instead of the wind industry.
On Tuesday, July 30, at the Sterling County Community Center, Sterling City, Texas, the Planning Task Force, formed to develop a plan and structure for the Cline Shale Consortium, selected a new name for the Consortium.
As the ozone rating in San Antonio continues its slow upward march, area officials are beginning to investigate whether oil and gas drilling in the Eagle Ford Shale has anything to do with it. But their efforts are fraught with complications.
As the Parade of Homes kicks off in Abilene, many builders say the predicted oil boom may be the cause for their shortages.
Mitchell County has plans for two plots of land in Colorado City to be developed. This will include new homes, businesses, industrial properties and much more. The county hopes this will make room for the growing population due to the Cline Shale, and will attract more people to the Big Country.
Besides boosting the economies of remote towns, the shale boom has
big implications for the Texas economy and budget. Already, taxes on
oil and gas production have soared above the comptroller's estimates.
Texas is already the top oil-producing state -- and excitement about a new era is pervasive, thanks in part to improved technology. Exploration of new shales like the Cline in West Texas is underway, and some oilmen say it's like the old wildcatting days.
Efforts by state lawmakers to find money to repair South and West Texas roads torn up amid a drilling boom appear to be stalling, according to some officials working on the matter. Officials warn about the hazards of not maintaining these roads.
It's no coincidence he's selling so fast, it's all a result of what people are calling the next big oil boom.
While the Cline Shale oil region of West Texas does not include Taylor County, local leaders believe Abilene will still feel the economic impact.
Across the U.S., drillers are finding shale formations they hope could become the next big oil play for the American energy industry. But hype over emerging oil fields, like Texas' Cline Shale, has highlighted worries about drilling companies' intentions.
Businesses and residents say they have noticed several changes in Colorado City because of the effects of the oil industry.
It all began with a cup of Joe.
We have been covering the impending population jump in Scurry County
thanks to the oil boom.
The 2013 Southwest Energy Summit kicked off on Wednesday, highlighting the magnitude, innovation and scope of various industries such as oil, natural gas, wind, solar, nuclear and coal.
If the predictions are right, Snyder's population could triple in size within the next few years.
The oil boom is starting to make it's way to Abilene.
Many are buzzing about the West Texas oil boom in the Cline Shale area, and how it will impact folks all around the Big Country. KRBC's Nora Hartfeil looked into what part Abilene manufacturers are playing in the search for Texas tea.
On Abilene's City Council agenda is a public hearing and vote to allow
Prensorus Energy to drill and operate an oil well within city limits.
The oil boom in Midland and Odessa is creating an economic boom right here in the Key City. Local businesses say they are seeing an increase in demand for their services. The home construction industry said they are profiting from all the black gold further west, by providing the supplies for all the new homes being built in that area.
A new University of Texas at Austin study has found that the amount of water used in the drilling practice known as hydraulic fracturing has risen sharply in recent years as oil and natural gas production has surged.
They're calling it the next oil boom.
Despite its "Keep Austin Weird" slogan and passion for clean energy, Austin is increasingly attracting oil and gas companies. Although Houston doesn't have to fret about its status as the oil capital just yet, oil technology start-ups have noticed Austin's entrepreneurial bent, strong academics and reputation as a fun place to live.
The business of oil has always had a presence in Texas, but there are new indications that a small town in the Big Country might be housing a hidden oil jackpot.
The Environmental Protection Agency has fined Enterprise Crude Pipeline of Houston, Texas, $5,000 for violating the federal Clean Water Act.
In the desolate outskirts of this thriving West Texas oil town, two men recently showed off a new, 400-square-foot wood cabin they hope to rent out for $1,500 a month. A planned expansion includes spaces for 30 recreational vehicles and nine additional cabins -- and maybe more.
The Stephens County Sheriff's Office was called to the scene of an oil field accident early Thursday morning.
A shortage of truck drivers is raising freight rates and delaying deliveries nationwide.
Abilene's Action Career Training School says they're working steadily to filter new drivers through training and back into the workforce.
A company is drilling for oil in Impact and some residents have concerns.