Hurricane in Gulf of Mexico Headlines Energy News
Energy news last week included a hurricane sweeping through the oil-rich Gulf of Mexico, President Trump announcing a change in his ethanol policy, warnings of...
Alex Mills
Crude Oil Prices Rise As Inventories Decline
by Alex Mills
Crude oil prices in the U.S. and around the world continued their upward swing this week. U.S. oil prices on the New York Mercantile Exchange...
Many Factors Impact Global Crude Oil Markets
by Alex Mills
Petroleum plays a dynamic role in energy, economic, and geopolitical issues worldwide. Just this past week President Donald Trump told OPEC leaders meeting in Algiers...
Texas Leads as U.S. Become Largest Oil Producer Surpassing Saudi Arabia, Russia
by Alex Mills
Increased crude oil production throughout Texas this year has resulted in a huge jump in U.S. oil production. Now, apparently the U.S. has surpassed Saudi...
Natural Gas Becomes Largest Sources Of Electricity Generation
by Alex Mills
Natural gas has become the major generator of electricity in the U.S. during the past 10 years. The Energy Information Administration (EIA) reports that natural...
Industry Scrambles to Relieve Oversupply in Permian Basin
by Alex Mills
The Permian Basin of West Texas and Southeastern New Mexico is hot. It leads the state and nation in oil and natural gas production, according...
Crude Oil, Gasoline Prices Rise as Inventories Decline
by Alex Mills
Global crude oil inventories are down creating upward pressure on crude oil prices around the world. Oil inventories fell 33 million barrels in June, the...
Trump’s EPA Proposal Will Return Regulations To The States
by Alex Mills
The Environmental Protection Agency proposed this week changes to air emission regulations which will allow states to implement “the best system of emission reduction” as...
China Imports Large Quantities Of Texas Oil And Gas
by Alex Mills
Even though recent international events may create questions about the future demand for petroleum, the domestic oil and gas industry has experienced robust growth in...
Carbon-Tax Idea Resurfaces In Washington
by Alex Mills
Some members of Congress recently resurrected a controversial idea. It’s called a carbon tax. It’s nothing new. President Bill Clinton and Vice President Al Gore...