Henderson Daily News (Henderson, Tex.), Vol. 88, No. 189, Ed. 1 Sunday, October 29, 2017 Page: 2 of 16
This newspaper is part of the collection entitled: Rusk County Area Newspapers and was provided to The Portal to Texas History by the Rusk County Library.
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Activity for Oct. 15-21
canceled
last
Mercantile Exchange were flat,
trouble as it tries to meet it
For much of this year, week-
Miles SW
U.S. refinery capacity is located
inputs to refineries in the Gulf
forces.
NEED TO PACK?
I
40
40
J
Aug. 25 in South Texas.
’ ♦
A
BTH Bank
Jury duty
selection
Stop by the Henderson Daily News
1711 U.S. Hwy. 79 S. • Henderson • 903-657-2501
Energy Information Adminis-
tration (EIA).
’Annual Percentage Yield. The minimum to open and obtain the APY is $10,000. Rates indexed to the One-Year Daily US Treasury Yield Curve Rates and may change every three months after the account is opened. Withdrawal of
interest will reduce earnings. A penalty will be imposed for early withdrawal. Refer to Truth-in-Savings disclosure for complete details. Interest rates and APYs are effective October 2, 2017. Additional deposits of at least S10,000
may be made to the CD. Available for personal and business accounts. ’’Annual Percentage Yield. Rates are subject to change. $10,000 minimum to open. $10,000 minimum balance to avoid the monthly service charge. Interest
rates and APYs effective October 2, 2017. Fees could reduce earnings to the account. Available for personal and business accounts.
1580 US HWY 79 SOUTH I HENDERSON, TX 75654
903-657-3500 I WWW.BTHBANK.COM
ALEX
MILLS
of
leum
The Kurdish referendum
on support for independence
that were active a year ago.
Houston oilfield services
company
and Utah were unchanged.
The U.S. rig count peaked
at 4,530 in 1981.
It bottomed out in May of
2016 at 404.
3 cents per gallon
ASSOCIATED PRESS
The jury duty selection
process scheduled for Mon-
day, Oct. 30, at the Rusk
County Courthouse, 4th
Judicial District Court, has
been canceled, according to
an announcement from the
Rusk County District Clerk’s
office.
chant, EA/430; Gas, 9,200; 7
Miles NE Longview
Harrison; Sheridan Pro-
Cherokee; Vanguard Oper-
ating LLC; Guidry, Faustine
Rusk; Genepa Petroleum
Co.; Cecil Bunn 1; Ezim (Travis
DEVELOPMENTAL
(County; Operator; Lease/
COMPLETIONS
(County; Operator; Lease/
From the web
MOST READ
The most popular stories
at hendersondailynews.com
for the week of Oct. 22:
1) Whitworth ready to lead
county
2) Football: Henderson’s
Gray has been working out,
a game-time decision on
playing
3) Man arrested after he
falls asleep in drive thru
4) HPD, RCSO call for
game room shutdowns
hendersondailynews.com
U.S. rig count
declines by four
this week to 909
ASSOCIATED PRESS
MECHELE
AGBAYANI
MILLS
Better Business
Bureau
EARN upto 2.38% APY*
WITH A WORRY-FREE CD
2.18% APY on a 30 month CD (floor of 1.00% APY)
2.38% APY on a 60 month CD (floor of 1.21% APY)
—M UM
LENDER
Member
FDIC
or EARN upto 1.41% APY**
WITH A CUSTOMER BENEFICIAL MONEY MARKET
0.25% APY up to $49,999
0.50% APY for $50,000 to $99,999
1.21% APY for $100,000 to $499,999
1.41% APY for $500,000 and over
Alex Mills is president of the Texas
Alliance of Energy Producers. The
opinions expressed are solely of the
• Check the shop’s BBB
Business Review. Search for the
store on BBB.org to see past
the venue and see if they have complaints and ratings infor-
Meals on
Wheels—
Monday, Oct. 30: Salis-
bury steak with mushroom
gravy, mashed potatoes, beets,
dinner roll, sliced peaches and
milk.
Tuesday: Sloppy Joe on
bun, tator tots, seasoned corn,
orange and milk.
Minn, concerts to
provide soundtrack
for Super Bowl
ASSOCIATED PRESS
per gallon. El Paso has the themed merchandise. But their
most expensive gasoline state- temporary nature can leave
• 1 . xk - ??
a ?
to use than printed newspapers!
Prices vary from O and up.
HOUSTON - The num-
ber of rigs exploring for oil
and natural gas in the U.S.
“These shops can be
Martinsville Wiener ‘E’ (SA)iH-iH; Car-
Panola; Petroquest Energy thage (Cotton Valley); 9,534;
___________ _____ _ LLC; Wiener-Owen PSA 3-3H; 2.25; 10573 Mcf; 19.7 Miles SE
ginireacrdeclined by two Carthage (Cotton Valley); Carthage
and Alaska, Colorado, Kansas, Owen, JB/520; Oil/Gas; 9,509;
New Mexico and Pennsylvania Miles NE Carthage
each lost one. Panola; CCI East Texas Peak); 8,931; 24; 13 Bbls/48
Arkansas, California, Ohio Upstream LLC; CGU 3-2PT; Mcf; 3.3 Miles SE New Salem
Make Halloween less scary
by following BBB advice
Halloween is the second
largest shopping holiday of the
year, which means unscrupu-
lous businesses have plenty of
opportunity to cash in. In the
rush to purchase a costume or
decorate the house, consumers
can miss red flags. This Hal-
loween, watch out for pop-up
store confusion, online shop-
ping scams, haunted events,
and other seasonal hazards.
Halloween is getting very
popular with grown-ups, and
there are numerous haunted
theme events you can attend
with your friends.
gas this week.
Among major oil- and
gas-producing states, Texas
gained five rigs and Oklahoma (Travis Peak); Flores, HRS J;
prices across Texas declined 3
cents per gallon this week as applies even when they are the is secure before entering your
nationwide prices held steady, ones to cancel the event! Talk credit card information (look
AAA Texas on Thursday about scary... for URLs that start with “https
‘We are seeing an increase ://”). Read the fine print, mak-
ing sure you understand the
paying an average $2.46 per America,” said Mechele Agbay-
ani Mills, president and CEO tion, so you can follow up in
survey of BBB serving Central East case of problems.
Check bbb.org/shoppingon-
average $2.23 per gallon, loween stores which appear in return policy and shipping
Drivers across the country are empty storefronts across North times. Also, ensure the shop
has working contact informa-
Perfect to wrap fragile items, cleaner
A xl ■ - I *1
MINNEAPOLIS - Music
1 producers Jimmy J am and Terry
Lewis will be behind a series
of free concerts in Minneapolis
I during the 10-day Super Bowl
Live festival leading to the game.
Jam and Lewis got their start
I in Minneapolis and have worked
I with several big names. Among
them is Prince, so a tribute is
likely for the Minneapolis-born
star who died last year. Jam and
Lewis also worked with Michael
and Janet Jackson and Kanye
West.
PURCHASE OUR END ROLLS!
>
reported the average price “T \ ’ '
at the pump statewide was in the number of pop-up Hal-
an ;
refinery oper- water, salt, or minerals. Many
ations in Sep- purchasers of oil produced in
tember 2008. Venezuela have complained
Exports about the quality, and Phillips
petro- 66 has cancelled at least eight
prod- cargoes in the first half of 2017.
nets, includ- Venezuela has struggled
crude to pay its debts and is having
climbed trouble acquiring the neces-
record sary chemicals to cleanup its
7.66 million oil exports,
barrels
week,
ing
oil,
to a
when the sea-
son is over.
• Use a
credit card:
Save your
receipts and
use a credit
card. If there’s
a problem
with your pur-
chase, your
credit card
company will
help handle
the dispute.
• Check for contact informa-
tion: Make sure the store has a
Be cautious of events that website with contact informa-
advertise only online or in tion in case you need to reach
social media, or that don’t them later.
provide information on how
to contact the event organiz-
COPPELL —Retail gasoline BBB’s attention has a stated tions online. When shopping
" J “No Refund” policy... which online, make sure the website
PAGE2A — HENDERSON DAILY NEWS — Sunday, October 29,2017
Confusion reigned supreme last
week in analysis of oil market
Conflicting news about
crude oil supply and demand
created confusion for oil trad-
ers last week. In summary:
refinery runs were back to nor-
mal; petroleum exports set a
record; crude oil production
had a big increase; oil invento-
ries increased nationwide, but
declined at Cushing, as did gas-
oline and distillate inventories.
Sound confusing? It is. barrels last It’s a troubling situation for
However, the bottom line week, sig- an oil company already suffer-
is oil prices on the New York naling stronger demand, EIA ing from a steep drop in out-
said. Brent crude oil trading put. Venezuela’s national oil
closing up 1 percent at $52.47 on the London market closed company, PDVSA, has had to
for the week ending on Oct. 24. at a premium of $6.26 more shutdown operations, or cut
For the week ending Oct. than West Texas Intermediate, back on production. PDVSA
20, gross inputs to petroleum the widest spread in more than is the primary revenue source
refineries in the U.S. Gulf four weeks. The spread is an for Venezuela, which indicates
coast averaged 8.8 million bar- incentive for U.S. traders to further financial and political
rels per day (bpd), or about export domestic oil to higher-
324,000 b/d higher than the priced markets, a phenomenon debt requirement that come
previous five-year range for believed to be related to the due soon.
mid-October, according to the hurricane. The U.S. also initiated sanc-
Even though total US crude tions a few months ago, restrict-
stockpiles rose by 856,000 ing new financial arrangements
Refinery runs along the Gulf barrels, halting four weeks of with U.S. oil companies and
coast had been higher than the declines, according to EIA, financial institutions ability to
five-year range for much of oil supplies at the key Cush- restructure Venezuelan debt.
2017 until Hurricane Harvey ing, Oklahoma, pipeline hub
made landfall on Aug. 25. decreased for the first time ly U.S. imports of Venezuelan
A little more than half of all since August. oil bounced around between
Gasoline supplies fell by 600,000 bpd and 800,000
in the Gulf coast region, and 5.47 million barrels, and distil- bpd, sometimes going even
Texas has about one-third. For late supplies dropped by 5.25 higher. But trading volumes
the week ending Sept. 1, gross million barrels. began to plummet about a
Oil output from U.S. wells month ago. For the week end-
coast fell 3.2 million b/d, or jumped 13 percent last week ing Oct. 13, U.S. purchases of
34 percent, from the previous to 9.51 million barrels per day Venezuelan oil dropped to just
week. (bpd), the biggest leap since 255,000 bpd, the lowest week-
For the week ending Sept. 8, September 2012. ly total in EIA data stretching
Gulf coast gross inputs to refin- Another factor concerning back to 2010.
eries fell by another 263,000 worldwide crude oil supplies
b/d to 5.9 million b/d, the low- involves news that crude oil
est weekly value since Hurri- from Venezuela has been con-
canes Gustav and Ike disrupted taminated with high levels of author.
East Texas Drilling Report
Carthage (Pettit, Lower Gas);
Moorman, A/427; Gas; 6,050;
1.9 Miles NW Carthage
Panola; Rockcliff Energy
Well; Field; Survey; Type; Operating LLC; Alexander
Depth; Location) Geneva HV Unit 1H; Carthage
Harrison; XTO Energy (Haynesville Shale); Decker,
Inc.; Feist, Edwin L. 5; Lansing, E/169; Gas; 9,000; 5.1 Miles
North (Pettit, Lower); Mer- SW DeBerry
Panola; Rockcliff Energy
Operating LLC; Alexander
Geneva HV Unit; Carthage
duction Co. LLC; Scott, T.P. 5; (Haynesville Shale); Decker,
Waskom (Pettit, Upper); Long, E/169; Gas; 9,000; 5.1 Miles
B/418; Oil/Gas; 5,700; 2 Miles SW DeBerry
W Waskom Panola; R. Lacy Servic-
Harrison; Sabine Oil & Gas es Ltd.; Burnett Unit 7-18T;
Corp.; Key, Beatrice Gas Unit Briggs (Upper Travis Peak);
5; Woodlawn (Rodessa); Petty, Brumley, W/194; Gas; 6,300;
GW/582; Oil/Gas; 5,360; 4.17 10 Miles NE Carthage
Miles NW Karnack Rusk; Breitburn Operating
Harrison; CCI East Texas LP; Jarrell 1; Oak Hill (Travis
Upstream LLC; LeTourneau Peak); Joseph Roberts/682;
Gas Unit 4-19HH; Carthage Oil/Gas; 10,619; 2.6 Miles NW
(Haynesville Shale); Toby, Minden
T/720; Gas; 11,800; 17.4 Miles
SW Marshall
Harrison; Topcat Truck
declined by four this week to Wash LLC5TCTW b Longwood Well; Field; Depth; Choke Size;
gOg (Goodland Lime); Dickerson, Flow Rate (24 Hrs.); Location)
That’s up from the 557 rigs S/222; Injection Well; 2,450;
2.5 Miles W Waskom
______________ Harrison; Sabine Oil & Gas Unit 1-4; Reklaw (Pettit);
company Baker Hughes said Gas Corp.; Muslow 1; Waskom 10,200; 0.500; 1 Mcf; 8.5 Miles
Friday that 737 rigs sought oil (Travis Peak 5); Ewing, W/6; SE Rusk
and 172 explored for natural Oil/Gas; 6,200; 5 Miles SW Cherokee; Buffco Produc-
Karnack tion Inc.; Priest 2; Rusk, SE.
Nacogdoches; Enerquest (Pettit); 10,000; 1; 477 Mcf; 2.1
Corp.; Pirates 02; Waterman Miles SE Rusk
T; Panola; Memorial Produc-
and Wyoming”each Increased ?/s1.20’7005 °-3 Miles NW tion Open, LLC; Oxsheer-Sp-
by one.
Louisiana lost three rigs,
North Dakota and West Vir-
gallon.
The association
found San Antonio has the Texas.
cheapest gasoline in Texas a great way to purchase cos- line for more tips about shop-
this week at an average $2.14 tumes, decorations, and other ping online.
per gallon. El Paso has the themed merchandise. But their For more tips on how to be a
most expensive gasoline state- temporary nature can leave savvy consumer, go to bbb.org.
wide at an average $2.35 per consumers in the lurch.” To report fraudulent activity
gallon. BBB provides the following or unscrupulous business prac-
AAA Texas officials say tips for shopping at a seasonal tices, use BBB Scam Tracker or
gasoline prices have been fall- Halloween store. call the BBB Hotline: (903)581-
ing in most markets as recov- . Know the return policy: 8373.
ery continues from Hurricane Ask whether the store will be
Harvey, which made landfall open after the holiday and
* • whether it will accept returns
ish forces back under federal
control.
The order was given to violence earlier this month fol-
‘prevent clashes and blood- lowing a controversial referen- was held in September in the
shed between the sons of one dum on independence held by three provinces that make up
nation,” Haider al-Abadi said in the Kurds in September. the Kurds’ autonomous zone,
a written statement. Clashes broke out when fed- as well as in a string of territo-
The announcement follows eral forces retook the disputed ries claimed by Baghdad, but at
conflicting reports from the city of Kirkuk and other areas the time controlled by Kurdish
U.S.-led coalition that a cease- outside the autonomous Kurd-
Iraq halts troops tasked to retake land from Kurdish
ASSOCIATED PRESS fire had been reached between ish region that the Kurds had
Kurdish forces and troops seized from the Islamic State
BAGHDAD — Iraq’s Prime deployed by Iraq’s central gov- group. IS conquered those areas
Minister on Friday issued ernment. after sweeping across the coun-
a 24-hour suspension of the After initially announcing a try in 2014. Most of the Kurdish
movement of troops who are cease-fire, the Coalition said the forces withdrew without a fight
deployed in Iraq’s north to statement was incorrect, but after Iraqi troops moved in, but
bring territory held by Kurd- added talks were ongoing. reports of low-level clashes con-
Escalating tensions between tinned and tensions remained.
Irbil and Baghdad erupted in
Retail gas prices
across Texas down e,rs- wlien “J doult>, c°1?tact
a paid booking for the date mation.
and time listed, or if they have A popular alternative to
heard of the organizer. pop-up shops is ordering Hal-
One company that came to loween costumes and decora-
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Moore, Dan. Henderson Daily News (Henderson, Tex.), Vol. 88, No. 189, Ed. 1 Sunday, October 29, 2017, newspaper, October 29, 2017; Henderson, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1236716/m1/2/?q=Lamar+University: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Rusk County Library.