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The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years....the 15 billion cubic feet that were added t...

The Odessa Development Corporation and Nacero Inc have announced plans to build a $6.5 billion to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas. The Odessa Development Corporation and Nacero Inc have announced plans to build a $6.5 billion to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas. The facility will be built in two phases, with phase one producing 70,000 barrels per day of gasoline component ready for blending and phase two increasing that capacity to 100,000 barrels per day, a statement posted on Nacero’s we...