Crude Oil Pricing Can Be Confusing
The factors contributing to the price of crude oil have confused many seasoned observers for years. Generally, supply and demand have been the most important...
Alex Mills
Texas Oil and Gas Expansion Frustrates OPEC Production Cuts
Upstream oil and gas development in Texas rallied for the fifth straight month in April, according to the Texas Petro Index, which improved to 164.3...
U.S. Named Top Petroleum, Natural Gas Producer, Again
Some people may find it hard to believe that the United States was the largest producer of petroleum and natural gas hydrocarbons last year. As...
Volumes Of Federal Regulations Set Record In 2016
by Alex Mills
Regulations are a burden on consumers, businesses, and the economy, according to a new study by the Competitive Enterprise Institute entitled “Ten Thousand Commandments.” The...
Service And Supply Companies On The Rebound
by Alex Mills
While the exploration-and-production sector of the oil and gas industry has drawn most of the media attention recently, the service and supply sector has been...
U.S. Petroleum Exports Increase
by Alex Mills
The business of exporting petroleum products from the U.S. is growing at a record pace and the future looks bright. U.S. exports of crude oil...
OPEC Meeting May 25 Will Be Watched Closely
by Alex Mills
It is no secret that the Texas economy is closely tied to the oil and gas industry. And it is no secret that the economic...
Natural Gas Gets Good News
Two important events that occurred last week have the potential to impact natural gas supplies significantly in the future. First, the U.S. Geological Survey (USGS)...
Oil and Gas Economy in Texas Enters Expansion Cycle
by Alex Mills
Crude oil and natural gas drilling and development in Texas has embarked upon a new cycle of expansion, according to the latest Texas Petro Index...
Mergers And Acquisitions Continues At Hot Pace
by Alex Mills
Interest in crude oil and natural gas reserves in the Permian Basin of West Texas and Eastern New Mexico has reached a new high as...