Private space industry grows from NASA spin offs
The piece traces how NASA funded research has yielded commercialized technologies improving health, energy, and everyday life. It notes the FAA Office of Commercial Space Transportation and 92 orbital launches in 2014, with 23 commercial, and highlights companies like XCOR Aerospace, Blue Origin, and Virgin Galactic advancing passenger spaceflight. Space activity centers in Texas towns, including Houston, Midland, McGregor, and Brownsville, expanding private sector jobs and investment.
MENTIONED IN THIS ARTICLE
Federal Aviation Administration
FAA
United States
Russia
Europe
China
Japan
India
Israel
Sea Launch
NASA
International Space Station
Xcor Aerospace
Blue Origin
Virgin Galactic
Houston
Texas
Midland International Airport
Midland
Spacex
McGregor
Brownsville
Amazon.com
Jeff Bezos
van Horn
Lone Star State
Rig count rises to 859 after weekly gain
Houston Baker Hughes reports US rig count up two to 859, first gain since December. Oil rigs total 628 and gas rigs 228 with three miscellaneous. Louisiana up six, New Mexico and West Virginia up one, North Dakota and Ohio down three, Texas down two. Previous peak 4,530 in 1981.
MENTIONED IN THIS ARTICLE
Houston
Baker Hughes Inc
Baker Hughes
Louisiana
New Mexico
West Virginia
North Dakota
Ohio
Texas
Big Spring refinery eyed for expansion near Permian Basin
The Delek and Alon USA deal aims to boost crude intake for the Big Spring refinery which sits near cheap Permian Basin crude and may expand gasoil line sales in Arizona. Analysts say proximity to Permian crude supports cheaper transport and potential profits despite lower discount margins amid new pipeline infrastructure.
MENTIONED IN THIS ARTICLE
Odessa and
Midland
Brorman
Arizona
Tucson
Phoenix
Big Spring
Permian Basin
Tom Kloza
GasBuddy.com
Elara
Permian
Delek
Alan
Texas
Louisiana
Morgan Stanley
Evan Cairo
Manav Gupta
Alon USA
Eloza
California oil spill at Refugio Beach gushed from bluff
Firefighters found crude spewing from a bluff near Refugio State Beach on May 19 as Plains All American Pipeline faced scrutiny for a line rupture. Up to 101000 gallons released. about 21000 reached the ocean. Congress opened an inquiry into maintenance and timing of notifications to authorities.
MENTIONED IN THIS ARTICLE
Los Angeles
California
Plains All American Pipeline
Associated Press
Refugio State Beach
Santa Barbara County
Plains Company
Santa Barbara
Plains
U.S. House Energy and Commerce Committee
Goleta
Calif
Exxon Mobil Corp
Market musings on stocks bonds oil and energy stocks
The note surveys rising stock prices since 2009 and rising 30 year yields from 2.1 to 3.2 percent, while oil fell from 110 to 42 then 36 to 12, predicting a summer of commodity lows. It highlights energy service stocks like HAL and FLS, the XES index, and the CRB near multiyear lows, with a cautious outlook on future corrections and opportunities.
MENTIONED IN THIS ARTICLE
Halliburton Hal
Froserve Fls
Commodity Research Bureau
Carl Schan
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National Aeronautics and Space Administration
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Panhandle
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West Texas Spor
Alon
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Eisman
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