Contact Us

Phone: 432.520.PIPE (7473)
Toll Free: 800.636.5084
Fax: 432.684.3902
Map

Corporate Address:
7100 W. I-20
Midland, TX 79706

Yard Address:
7100 W. I-20
Midland,TX 79706

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Company News

2nd Annual Energy Expo

The DRM Companies is proud to announce our participation in the 2nd Annual Energy Network Expo in … [Read More...]

Energy Market

RSS Market news

  • Power sector employment declines, except for renewable electricity generators December 19, 2014
    The electric power generation sector lost more than 5,800 jobs from January 2011 through June 2014 despite a gain of nearly 1,800 non-hydro renewable electricity generation jobs, according to the latest data available from the Bureau of Labor Statistics (BLS).
  • Wind power capacity additions expected to increase in last quarter of 2014 December 18, 2014
    On December 16, the Senate approved a bill (already passed by the House of Representatives on December 3) that retroactively extends the federal production tax credit (PTC) for wind plants, which had previously expired at the end of 2013. However, because of timing, this extension is unlikely to spur significant additional wind development activity beyond wh […]
  • OPEC net oil export revenues expected to fall in 2014 and 2015 December 17, 2014
    Based on crude oil market assessments in the Short-Term Energy Outlook, EIA estimates that members of OPEC, excluding Iran, will earn about $700 billion in net oil export revenues in 2014, a 14% decrease from 2013 earnings and the lowest earnings for the group since 2010. OPEC earnings declined in 2014 largely for two reasons: decreases in the amount of OPEC […]
  • U.S. household gasoline expenditures in 2015 on track to be the lowest in 11 years December 16, 2014
    The average U.S. household is expected to spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years. Lower fuel expenditures are attributable to a combination of falling retail gasoline prices and more fuel-efficient cars and trucks that reduce the number of gallons […]
  • Gasoline prices tend to have little effect on demand for car travel December 15, 2014
    The U.S. average retail price per gallon of regular motor gasoline has fallen 28% from its 2014 peak of $3.70 per gallon on June 23, to $2.68 per gallon on December 8. However, this price decline may not have much effect on automobile travel, and in turn, gasoline consumption. Gasoline is a relatively inelastic product, meaning changes in prices have little […]