Investors Seek Increased Returns From Oil Producers
Even though crude oil prices have increased 20 percent since Jan. 1 and U.S. oil production set a record of 12 million barrels per day...
Alex Mills
Oil Prices Rise as OPEC Production Declines
by Alex Mills
The price of crude oil continued its recovery last week on news of a reduction in oil production worldwide and positive economic news. The Organization...
Venezuela’s Financial Troubles Impact Texas and U.S.
by Alex Mills
The political turmoil in Venezuela has huge implications internationally, especially for Texas and the United States. Petroleos de Venezuela (PDVSA), the nationally owned energy company,...
Democrats Offer Green New Deal
by Alex Mills
Energy appears to be a key issue in the new Democrat controlled U.S. House of Representatives and among Democrat candidates seeking their party’s nomination for...
Venezuela’s Economy, Oil Production, Government in Trouble
by Alex Mills
Venezuela’s socialist government has been on a downhill slide for years. This week the U.S. sanctioned state-owned oil and natural gas company Petròleos de Venezuela,...
Industry Leaders Predict Increased Activity This Year
by Alex Mills
The oil and gas industry expects to increase drilling, production and capital expenditures during 2019, according to a variety of surveys of leaders of oil...
Not Much Optimism for Increase in Oil Prices
by Alex Mills
Accurately predicting the price of oil and natural gas can be as difficult as predicting the weather in West Texas. In some cases, the weather...
Oil, Natural Gas Prices Reverse Downward Trend
by Alex Mills
Crude oil and natural gas prices have been on a roller-coaster ride as the market reacts to a variety of economic news from around the...
Oil, Gasoline Had Largest Losses of All Commodities in 2018
by Alex Mills
It is no surprise that crude oil and gasoline prices fell like a rock in water during the last three months of 2018. The big...
Oil Prices Decline Then Recover During Christmas Week
by Alex Mills
Crude oil prices dropped $3 in early trading during the shortened Christmas holiday week, but gained all that was lost on Wednesday to settle at...