Economy

Permian Basin Wells to Shut Down in 4 Months as Oil Pipelines Reach Capacity

The Permian Basin, the biggest U.S. shale region that straddles west Texas and New Mexico, will need to shut down wells within four months due to the lack of pipelines to deliver oil to customers, Pioneer Natural Resources Company (PXD) Chairman Scott Sheffield said in an interview with Bloomberg on […]

AMC to Launch Stubs A-List Subscription Service to Complete with MoviePass

AMC Entertainment Holdings (AMC) said Wednesday that it will launch the Stubs A-List subscription service on June 26 to compete with the popular MoviePass. The Stubs A-List service, which will cost $19.95 per month, will allow subscribers to watch up to three movies per week in any and all formats […]