America’s energy policy is in for a major overhaul. President-elect Trump announced this week the appointment of two key members to his cabinet relating to energy…
Donald J. Trump’s victory is welcome news to many companies, including those in the energy business. There is no doubt that Trump supports a strong domestic…
Fifty years ago, America’s economy and national security was thrown into chaos following the oil embargo. As a major importer of oil, the United States suffered…
As winter approaches, forecasters predict the weather in the U.S. will be a little colder this year, but energy costs will be about the same as…
Oil and gas activity declined slightly during the third quarter as the industry outlook turned negative, according to oil and gas executives responding to the Dallas…
Crude oil and natural gas prices were flat during the first half of September, but the Energy Information Administration expects prices to rise by the end…
Vice President Kamala Harris has proposed an economic plan, which includes price controls, to fix the problems created during the Biden-Harris administration. The plan involves establishing…
Drilling for new oil and natural gas reserves in Texas and across the nation has declined 10% this year, but production continues at a record pace.…
The demand for crude oil and natural gas in the U.S. and around the globe continued at a record pace through the first half of 2024,…
Vice President Kamala Harris, who presumably will be the Democratic nominee for President following Joe Biden’s withdrawal last week, apparently is not a fan of America’s…
It’s official: Donald J. Trump is the Republican Party’s candidate for President of the United States of America for the third time. All indications point to…
The debate over climate change and the possible causes and solutions have included many topics including methane emissions from crude oil and natural gas. The discussion…
Crude oil is an important commodity that is traded worldwide. Its price varies from country to country and from state to state daily. Today, June 13,…
This week had a variety of energy news, including OPEC+ deciding to maintain the current oil production level, Saudi Aramco selling $12 billion in stock, and…
The demand for energy continues to rise across the United States, especially in Texas, creating new opportunities for energy producers and investors. The U.S. Energy Information…
The implementation of additional weatherization of natural gas resources in Texas following the record winter storm in 2021 apparently paid dividends in January of this year,…
The prices for crude oil, natural gas, and other petroleum products were steady during the week of May 1-8. The U.S. crude oil price for West…
Demand for energy continues to increase from coast to coast, and record production continues to grow from a variety of sources. Crude oil and natural gas,…
Sometimes, events happen over time that are hard to explain and understand. Take, for example, President Biden’s war against America’s oil and gas industry, yet last…
Energy production in the U.S. set records in 2023 and 2024 looks even better. The U.S. produced more crude oil than in any country in history…
Crude oil prices in the U.S. and internationally moved upward as fighting in the Middle East increased uncertainty about oil supplies. Brent crude oil traded on…
The U.S. House of Representatives focused on a number of energy issues last week during Energy Week to increase access to America’s oil and natural gas…
The battle over the future of America’s petroleum industry continues to rage as “President Biden has used every weapon and every tool available to him to…
Increased efficiency and the development of new technology by America’s oil industry resulted in record oil production last year, according to a study by the Energy…
Twenty years ago, the United States imported more than half of the oil we consumed each day. Today, primarily through innovative technology developed by the American…
Even though electric vehicle and hybrid sales grew in 2023, a variety of issues have emerged to cause some automakers to modify future manufacturing targets. The…
The decline in natural gas prices surprised industry officials this week – dropping more than 30% – as news surfaced about the oversupply of natural gas…
The petroleum industry in Texas had an unusual year in 2023: it produced more crude oil and natural gas in the state’s history, but declining exploration…
The oil and gas industry experienced unusual volatility in 2023 as production in the U.S. exceeded all expectations while facing many challenges. Oil production reached a…
The Organization of Petroleum Exporting Countries – better known as OPEC – has become the major source of crude oil exports worldwide. During the pandemic, it…
As a winter cold front sweeps across the country, energy providers prepare for large increases in demand. In Texas, the Electric Reliability Council predicts record power…
As oil and natural gas production in the U.S. is on pace to set records in 2023, industry analysts are pointing out the industry overcame some…
Texans are blessed. It’s true. The Good Lord has blessed us in many ways, especially with an abundance of natural resources. The same could be said…
This year will be a record-setting year for the oil and gas industry in Texas and the United States. As a matter of fact, the U.S.…
Petroleum prices decline. Record oil and natural gas production in Texas and across the U.S. have created an oversupply, causing prices to drop. West Texas Intermediate…
As wind and solar energy continue their quest to become major players in the energy production game, each faces stiff headwinds as financing and equipment costs…
The price of crude oil, natural gas, and gasoline has dropped more than 10 percent in recent weeks, but the U.S. Energy Information Administration (EIA) believes…
Inflation and rising interest rates hit the solar energy sector hard during the last three months, resulting in declining interest among investors. The Wall Street Journal…
Texas produces a lot of energy: oil, natural gas, wind, solar, and electricity. Texas also uses a lot of energy. The events during February 2021 and…
The conflict in Israel and Gaza has had little impact on global oil supplies and prices this week. Brent crude, which is traded on the international…
Natural gas production and consumption in the U.S. set a record in 2022, and it is on its way to set a new record this year.…
Saudi Arabia’s decision to reduce its oil supply has played a significant role in firming oil prices globally, and it has been in direct conflict with…
The Biden administration threw up another road block in the future of oil production in the U.S. this week when it canceled oil leases in the…
Crude oil, gasoline, and other petroleum prices rose this week as global and U.S. supplies became tighter. West Texas Intermediate closed at $87 per barrel on…
Production of crude oil, natural gas, wind, and solar are expected to set new records in the United States this year, and preliminary numbers indicate each…
The demand for crude oil and natural gas around the world has created upward pressure on prices even though production is rising. Crude oil in the…
Crude oil prices have weakened since 2022 but remain relatively strong, which enhances cash flow as production in the U.S. sets records. The West Texas Intermediate…
Natural gas has blossomed into a dominant source of energy, supplying 41 percent of the energy to generate electricity across the U.S. and in many parts…
Yes, if you think retail gasoline prices have been somewhat stable this year, you would be correct. The Energy Information Administration (EIA) at the U.S. Department…
Oil production by Saudi Arabia and Russia Saudi Arabia’s extension of its 1 million barrels per day (b/d) production into August has had little to no…
