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

  • U.S. retail gasoline prices lowest since 2009 heading into Memorial Day weekend May 22, 2015
    On May 18, the U.S. average retail price for gasoline was $2.74 per gallon ($/gal), or 92¢ per gallon (¢/gal) lower than at the same time last year. This is the lowest average price heading into the Memorial Day weekend—the traditional start of the summer driving season—since 2009.
  • Net imports of natural gas fall to lowest level since 1987 May 21, 2015
    U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports totaled 1,171 billion cubic feet (Bcf) in 2014, the lowest since 1987.
  • Low crude oil prices, increased gasoline demand lead to high refiner margins May 20, 2015
    Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. Crack spreads, which reflect the difference between wholesale product prices and crude oil prices, are a good indicator of refiner profitability.
  • EIA launches redesigned International Energy Portal May 19, 2015
    On May 18, EIA launched a beta version of a redesigned International Energy Portal designed to help users access international energy data and to provide new and expanded tools and capabilities to examine trends in global energy markets.
  • Nonpetroleum share of transportation energy at highest level since 1954 May 18, 2015
    In the United States, petroleum is by far the most-consumed transportation fuel. But recently the share of fuels other than petroleum for U.S. transportation has increased to its highest level since 1954, a time when the use of coal-fired steam locomotives was declining and automobile use was growing rapidly.