U.S. Becomes Net Petroleum Exporter
Petroleum imports to the United States have been a major concern for policymakers for more than 50 years. Economists and national security experts warned of...
Alex Mills
New York Seeks Retribution for Alleged Climate Change Damages
by Alex Mills
The crusade against fossil fuels – crude oil, natural gas and coal – has engulfed the political arena for several decades, but the fight has...
Study Forecasts More Increases in US Oil Production
by Alex Mills
Even though there appears to be signs of weakening in the crude oil and natural gas production boom in the U.S., a new report from...
Uncertain Supply and Demand Issues Create Problems
by Alex Mills
As the member countries of the Organization of Petroleum Exporting Countries, better known as OPEC, prepare for their important meeting in Vienna on Dec. 5-6,...
Natural Gas Prices Down, Inventories Up as Winter Approaches
by Alex Mills
Record production of natural gas in Texas and throughout the United States has created lower natural gas prices for consumers, but it has many companies...
Oil Prices Soft as Inventories Rise
by Alex Mills
More negative news for the crude oil exploration-and-production industry in the United States this week as prices dipped again, inventories rose again, and the drilling...
Oil Industry Giants Organize to Reduce Emissions
by Alex Mills
Thirteen international oil and gas companies have committed $1 billion to reduce greenhouse gas emissions. The organization, called the Oil and Gas Climate Initiative (OGCI),...
Exploration Slows as Financial Situation Tightens
by Alex Mills
The financial community has developed a negative opinion about the profitability of oil and gas wildcatters who primarily operate as producers of oil and natural...
Gasoline, Electricity Prices Expected to Decline
by Alex Mills
Consumers can expect a slight decline in energy prices the remainder of this year and into 2020, according to projections from the U.S. Energy Information...
US Crude Oil Exports Sets Record
by Alex Mills
Even though crude oil prices have been soft recently, crude oil production and exports from the U.S. continue to grow. Crude oil on the New...