Oil Industry Rebounds in 2021; Forecasters Predict Solid 2022
Covid-19 was a major factor in the decline of demand for energy in 2020 and it sent shock waves throughout the oil and natural gas...
Analysts Predict Increase in Demand During 2022
The oil and natural gas industry in Texas and the U.S. ended 2021 on a positive note as drilling and production increased from declines caused...
Folks Can Get Upset When Gasoline Prices Rise
Some people can become very angry over the price of gasoline. Some of these fine folks just happen to be members of Congress and even...
Petroleum Industry Looks Forward to 2022
The price of crude oil has had a history of volatility since trading began on international exchanges and the New York Mercantile Exchange some 40...
Strategic Petroleum Reserve Created After Arab Oil Embargo
The Strategic Petroleum Reserve (SPR) has been a controversial part of the energy debate since the first Arab oil embargo. During the 1973 Arab-Israeli War,...
Biden Attempts to Manipulate Oil Price with Release From SPR
Just about half a century ago, the United States was battling rising inflation fueled by energy costs. The year was 1976, and inflation was 7.7%...
Petroleum Industry Evolves Amid Changing Times
The times; they are changing…especially in the energy arena. Two of the largest, international oil companies announced major changes this week, and OPEC+ tells the...
EIA Forecasts Increased Energy Consumption
Consumption of energy will continue to rise through the remainder of the year firming the price of petroleum products, according to a new study released...
Biden Seeks More Oil From OPEC; Proposes New Regulation of U.S. Oil Industry
Energy policy and climate change were center stage this week as world leaders met to discuss strategies to save the world from global warming. The...
Consumers Begin to Question New Energy Policies
Cushing, Oklahoma sits about halfway between Oklahoma City and Tulsa, a few miles north of Interstate 44. In most cases, you probably would not plan...
