World Leaders Discuss Energy Issues
Energy issues became a central point of discussion this week as the 29 countries in the North Atlantic Treaty Organization (NATO) met, and they are...
Alex Mills
Petroleum Industry Shows Economic Muscle
The headlines in three separate reports about the oil and gas industry indicate strong performance during the first half of 2018 with high expectations about...
Petroleum Industry Tries To Sort Out Market Uncertainties
Life in the oil and gas industry became more complicated in recent weeks when at least a half dozen major issues affecting supply and demand...
Worldwide Energy Demand Expected To Grow
Crude oil and natural gas will continue to provide a major portion of the world‘s energy needs for the next 20 years, according to a...
Net Crude Oil And Petroleum Imports Drop To Historic Low
Net crude oil and petroleum imports declined in 2017 to a record low, and the federal government expects net imports to decline even further this...
Crude Oil Prices Decline
Crude oil futures hit a speed bump last week amid rumors that some crude oil producing countries were going to increase their production soon. Prices...
Saudi Arabia, Russia May Seek Change To Production Quota
Last week officials from Saudi Arabia and Russia announced they may seek a change in their current policy to limit oil production and exports. This...
Electric Vehicles Experienced Slow Growth In 2017
Electric vehicles (EVs) have been a growing market for automakers, but they had slow growth last year, according to a new study released by the...
Gasoline Price Rises As Supplies Drop
Rising gasoline prices have been a big news story this past week increasing to a nationwide average of $2.87 per gallon. The U.S. average diesel...
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...