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Abandoned oil well spreads toxic fumes, dread across San Antonio subdivision

Published . Updated .

Covered by 2 outlets: The Texas Observer, San Antonio Express-News.

Abandoned oil well spreads toxic fumes, dread across San Antonio subdivision

The Preserve at Medina in southwest San Antonio was built around an old oil well that leaks methane and hydrogen sulfide. Homeowners say they were never told.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

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Abandoned Oil Well Spreads Toxic Fumes, Dread Across San Antonio Subdivision The Texas Observer

Source: The Texas Observer

Energy

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How solid the energy case looks

25 out of 100

“Abandoned oil well spreads toxic fumes, dread across San Antonio subdivision” scores 25 out of 100. The score uses 2 sources.