Contributors
Crude Oil Surpasses $70 Per Barrel
Crude oil prices in the U.S. broke through the $70 mark on the New York Mercantile Exchange (NYMEX) for the first time this week since 2014.…
May 12, 2018 · By Alex Mills
Contributor
Alex Mills
Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.
2018 May-June
Oil, Gas Production Set Records In Texas, U.S.
Texas continues to lead the nation in oil and natural gas production, passing several milestones along the way. Crude oil production in Texas surpassed the 4…
May 6, 2018 · By Alex Mills
Contributors
Oil Companies Focus On Future Financial Health
Many oil and natural gas exploration and production (E & P) companies learned the importance of maintaining a health bottom line during the crash of oil…
April 26, 2018 · By Alex Mills
Contributors
Gasoline And Crude Oil Prices Increase
Gasoline and diesel prices are rising. The Energy Information Administration (EIA) reports the average retail price of gasoline was $2.69 per gallon on April 9, which…
April 22, 2018 · By Alex Mills
Contributors
Crude Oil Production In Texas Continues To Set Record
Crude oil production in Texas continues to set records, and it is the primary factor in the rise in the Texas Petro Index for 15 consecutive…
April 12, 2018 · By Alex Mills
Contributors
Dallas Fed Survey Documents Oil Industry Expansion
The oil and gas business in Texas keeps getting better. The Federal Reserve Bank of Dallas released its business activity survey on Wednesday and almost all…
March 29, 2018 · By Alex Mills
Contributors
Natural Gas Leads As Electric Generation Fuel
Three years ago natural gas became the largest source of electric generation in the U.S. In 2017, natural gas increased its lead as coal continued its…
March 23, 2018 · By Alex Mills
Contributors
Shale Production Increase Creates Long-Term Benefits
Record crude oil and natural gas production from shale formations in Texas and across the U.S. has created a new optimism among pipelines and refiners. The…
March 16, 2018 · By Alex Mills
Contributors
Oil Industry Adds Powerful New Gear to Meet Supply
It is no secret that the oil and gas industry worldwide is changing. Record oil and gas production in the U.S. has stunned world leaders. The…
March 8, 2018 · By Alex Mills
Contributors
Congressional Report: Russia Meddled In Energy Policy
A Congressional study released Thursday finds that Russia has tried to disrupt U.S. energy markets through extensive use of social media and funding of environmental groups.…
March 1, 2018 · By Alex Mills
Contributors
Some Oil Companies Begin Buyback Of Stocks
The oil and gas industry in the United States is unique. It is made up of thousands of companies involved in exploration, production, transportation, refining and…
February 22, 2018 · By Alex Mills
Contributors
Oil, Natural Gas Proved Reserves Increased In 2016
Proved reserves of onshore crude oil and natural gas in the U.S. increased in 2016, according to a report issued this week by the Energy Information…
February 16, 2018 · By Alex Mills
Contributors
Oil, Gas, Stock Markets Rally Hits a Bump
Crude oil, natural gas and the stock market all had a down week last week after more than a year of steady increases. Crude oil prices…
February 8, 2018 · By Alex Mills
Contributors
U.S. Oil Production Exceeds 10 Million Barrels Per Day
Just two days after President Trump proclaimed the end of the federal government’s war on energy produced in the U.S., the Department of Energy’s Energy Information…
February 2, 2018 · By Alex Mills
Alex Mills
Natural Gas Consumption Sets Record
The natural gas industry received a gold star for performance during the recent cold weather across a large portion of the United States. The Energy Information…
January 27, 2018 · By Alex Mills
Contributors
U.S. Becomes ‘Undisputed Leader’ In Oil Production
President Trump talks about an “energy renaissance” in the United States. Recent news of increased oil and natural gas exports from the U.S. and production reaching…
January 20, 2018 · By Alex Mills
Contributors
Petroleum Demand Increases Firms Prices
Crude oil and natural gas prices continue to gain strength on news of increased demand. Oil futures on NYMEX for February delivery closed Wednesday at $63.57…
January 12, 2018 · By Alex Mills
Contributors
Crude Oil, Natural Gas Demand Increases
Demand for crude oil and natural gas surged last week, causing price increases for both commodities. Crude oil futures for February delivery on the NYMEX closed…
January 7, 2018 · By Alex Mills
Contributors
Oil Price Stability Leads To Increased Activity
Crude oil prices stabilized in 2017 reversing a decrease in activity that began in November 2014. The Organization of Petroleum Exporting Countries, better known as OPEC,…
December 29, 2017 · By Alex Mills
Contributors
Study Predicts Record High U.S. Oil Production In 2018
Crude oil production in the U.S. is expected to reach record proportions in 2018, according to a study released this week by the Energy Information Administration…
December 23, 2017 · By Alex Mills
Contributors
U.S. Crude Oil Production Heads Toward Record
Crude oil production in the U.S. continues to push higher approaching the mythical 10-million-barrels-per-day mark, a level that has never been achieved. The rise in production…
December 15, 2017 · By Alex Mills
Contributors
Extension of Production Cuts Reenergizes Upstream Activity in Texas
The agreement among major crude oil exporters to extend production cuts through next year has had the unintended consequence of breathing new life into the revival…
December 9, 2017 · By Alex Mills
Contributors
Low Oil Prices Create Problems For Oil Exporters
Crude oil has been a major player in the geopolitical and economic viability of countries for decades. As far back as World War II, British Prime…
December 9, 2017 · By Alex Mills
Contributors
Survey: Texas Best Place For Oil And Gas Investment
Petroleum industry executives think Texas is a good place to do business. As a matter of fact, they think it is the best place in the…
December 3, 2017 · By Alex Mills
Contributors
Gasoline, Crude Oil Prices Hold Firm
Gasoline prices followed crude oil prices upward during the Thanksgiving weekend. Crude oil prices on the New York Mercantile Exchange closed at $58.02, and retail regular-grade…
November 25, 2017 · By Alex Mills
News
Tax Reform Debate Continues In Congress
The controversy over tax reform efforts by the U.S. Congress was expected because any time there is a change in tax laws there are winners and…
November 18, 2017 · By Alex Mills
News
OPEC Meeting May 25 Will Be Watched Closely
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 health…
May 14, 2017 · By Alex Mills