U.S.A.” A cluster of oil derricks close together in the Spindletop field during the early boom of the 1900s near Beaumont, Texas, USA. (AP-Photo/HO) (AP) A section of the Spindletop Field in ...

Brent and West Texas Intermediate (WTI) are the two most widely traded crude oil benchmarks, the key differences between them being: 1. Geographic Location: Brent crude oil is extracted from oil ...

And an early attempt by a Republican lawmaker hit ... It is common in West Texas for oil and gas producers to operate on privately owned ranches. Wight said the Railroad Commission should make ...