Permian Basin Rigs Drop as Oil Prices Dwindle
Seven rigs were idle in the Permian Basin for the week ending Friday as Baker Hughes reported a lower rig count with 202 rigs still active. The region remains the nation's most active oil province despite a sharp year over year decline. Nationally, 14 rigs were added with oil rigs scarce. WTI benchmarks closed near $29 a barrel.
MENTIONED IN THIS ARTICLE
Permian Basin
Baker Hughes
Plains
West Texas
WTI
Tinyurl.com
Permian Basin Gun Show Returns to Ector Coliseum
The Permian Basin Gun Show returns to the Ector County Coliseum from 9 a.m. to 5 p.m. January 23 and 24. Vendors offer books knives ammunition reloading supplies blow guns coins pistol grips and Army surplus. Sponsored by John and Shirley Poko. Visit the venue site for details.
MENTIONED IN THIS ARTICLE
Permian Basin
Ector County Coliseum
John and
Shirley Poko
Learn as a family Learn as a family
Call 683 4403 for more information. ON on THE WET petroleuen.
Odessa Bulky Item Drop Off Free This Morning
Odessa residents may dispose of bulky items for free from 8 a.m. to noon at the Odessa Recycling Center 816 W 42nd St. Furniture appliances mattresses and other large items are accepted along with cleaning products antifreeze oil pesticides paints and fertilizers. Call Solid Waste at 368 3510 for more information.
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Odessa
42Nd St
Tinyurl.com
Oil Decline Triggers Market Slump as Stocks Enter Correction
The Dow, Nasdaq, and S P 500 fell sharply to start 2016, each slipping about 10 percent from recent peaks. Analysts cite fears over China’s slowdown and the drop in oil to a 12 year low as key drivers of the market selloff. The ongoing volatility raises concerns about U S corporate results.
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Wall Street
Standard & Poor
China
U.S
Sheriff campaign filings show slow fundraising start
Ector County Sheriff candidates report weak early fundraising after the November filing period closes. Challengers Inspector Mike Griffis and the chief investigator Joe Commander seek support as they campaign to replace Donaldson and Griffis in a county race with a history of high fundraising during oil boom years.
MENTIONED IN THIS ARTICLE
Ector County
Joe Commander
Mark Donaldson
Commander
Ign
Donaldson
Ector County District Attorney's Office
Mike Griffis
Soccer coach accused of assaulting girl
Raul Jose Franco a 30 year old Odessa soccer coach was arrested at the Presidio Port of Entry on a warrant charging him with ordering girls on the team to restrain an 11 year old girl while he plucked her eye brows for missing passes. He is charged with injury to a child a state jail felony and released on a 4000 dollar bond. The arrest followed a police report to Odessa Police Department alleging assault by the coach at 4901 E University Blvd with details in a news release and probable cause affidavit.
MENTIONED IN THIS ARTICLE
Presidio
Odessa
Presidio Port of Entry
Raul Jose Franco
Presidio County
Franco
Ector County
E. University Blvd
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