Demand is up, supplies questionable, and price “remains highly uncertain.” That summarizes the Energy Information Administration’s (EIA) short-term market forecast for petroleum products released this...
Natural gas production in the U.S. has increased for 23 consecutive months as electric power distribution and liquefied natural gas (LNG) exports continued to rise....
Several key economic indicators for the oil and natural gas industry in the U.S. and Texas show positive signs of continued growth in production and...
Today’s oil and natural gas markets must deal with a number of wild cards (climate change mandates, rising inflation, possible recession) but the revival of...
On President Biden’s first day in office two years ago he signed an executive order pledging the United States will reduce net greenhouse-gas emissions to...
While the surprise announcement of oil production cuts of 1.66 million barrels per day from OPEC+ members sent prices soaring on international markets this week,...
The oil industry in Texas, and throughout the United States, witnessed a decline in price recently as high inflation, rising interest rates, and troubles in...