Energy reporter in Houston @Business. 🎙Voice of the Grizzlies. @Mizzou grad. Formerly @startelegram @DallasBizNews. Opinions = mine. Retweets not endorsements.
Joined August 2011
- Tweets 2,478
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- Followers 2,918
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48 Photos and videos
David Wethe retweeted
May 27
Exxon and ConocoPhillips are pushing for durable contract terms and a way to resolve billions of dollars owed to them as they consider re-entering Venezuela after exiting the country two decades ago, @CrowleyKev @jendlouhyhc @zerpius @DavidWethe report bloomberg.com/news/articles/…
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May 21
Texas is known for its pro-business policies, but some local activists are trying to block the big-money projects that power AI. Nice reporting from @dinakatgara & @j_lovinger bloomberg.com/news/features/…
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May 14
Hunter Hunt, the grandson of famed Texas oil baron H.L. Hunt, is concerned about the impact from damaged Middle Eastern energy infrastructure that could leave oil production lower for years to come bloomberg.com/news/articles/…
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May 5
Diamondback Energy estimates that rigs in the Permian could jump as much as 10% between now and the end of the year as the Iran war boosts oil prices. bloomberg.com/news/articles/…
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David Wethe retweeted
“A lot of the inventory and spare capacity has been depleted already,” Chevron CFO Eimear Bonner told us. “There’s very little of the buffer left.”
bloomberg.com/news/articles/…
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David Wethe retweeted
Apr 28
From TSA staffing shortages to surging fuel costs, it’s been a tough year for the aviation industry. DFW’s CEO is trying to stay calm and rise above bloomberg.com/news/features/…
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Apr 23
Hot off the presses - an extremely rare update to the Dallas Fed's quarterly survey. US shale executives are frustrated with the “chaos” in oil markets that has come from the Middle East conflict.
w/@catarinasaraiva bloomberg.com/news/articles/…
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Apr 12
RT @chigrl: A Panicked Race for Barrels Grips the Global Oil Market
In the North Sea, the world’s most important physical crude market, tr…
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Apr 9
SCOOP: ConocoPhillips has dispatched a team to Venezuela to evaluate the prospects for a return to drilling in the oil-rich Caribbean nation almost two decades after billions of dollars in assets were seized by the socialist regime. bloomberg.com/news/articles/…
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Apr 7
US shale drillers are expected to follow President Trump’s call for higher oil production — but not just because he said so bloomberg.com/news/articles/… w/@CrowleyKev
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Mar 27
EXCLUSIVE: Texas oilman Bryan Sheffield explains what he's looking to do with the investment commitment -- as much as $619 million -- that he just snagged from Japanese oil and natural gas producer Inpex for Australia's Beetaloo Basin. bloomberg.com/news/articles/…
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Mar 27
If the forward curve holds up over the next quarter, look for shale to start adding rigs in the second half of the year, -- with higher output starting next year, Citigroup says bloomberg.com/news/articles/…
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Mar 26
ICYMI: Vedanta’s Cairn is looking to quadruple daily output to the equivalent of 1 million barrels over the better part of the next decade as India’s largest private sector oil producer basks in the war-drive surge in crude prices bloomberg.com/news/articles/…
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David Wethe retweeted
Mar 24
Congratulations @CERAWeek attendees: You live here now. There is no flying away. There is only Houston. Contact a realtor, or a priest, but it is your life now. You can check out of the conference anytime you like, but you can never leave. houstonchronicle.com/news/ho…
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Mar 22
Saudi Aramco CEO Amin Nasser has withdrawn from a major energy conference in Houston as the situation in the Middle East threatens to escalate further.
Scoop from @Devikakrishnak bloomberg.com/news/articles/…
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Even as buyers in some parts of the world are desperate to secure gas, there’s so much extra production in Texas that producers are burning it off as quickly as they’re allowed. bloomberg.com/news/articles/…
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David Wethe retweeted
Mar 16
Morgan Stanley: Brent is now seen averaging $110 a barrel in the second quarter, up from a previous outlook for $80. Figures for subsequent quarters were also raised.
The bank’s analysts including Martijn Rats write: “The recent closure of the Strait of Hormuz has disrupted about 20% of global oil supply, double the impact of the Suez crisis in 1956-57."
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David Wethe retweeted
NEWS: The Trump administration is planning to temporarily waive the century-old Jones Act that requires American ships be used to ferry goods between US ports in a bid to blunt surging oil & gas prices.
bloomberg.com/news/articles/…
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David Wethe retweeted
President Trump deployed Interior Secretary Doug Burgum to Venezuela as part of his bid to revive oil & mineral production there. In between conversations with oil and mining executives, Burgum is now meeting w/ interim President Delcy Rodriguez.
bloomberg.com/news/articles/…
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