EIA forecasts rising oil prices in 2021

EIA Forecasts Rising Oil Prices in 2021

Demand for petroleum products declined this year in reaction to reduced economic activity due to the COVID-19 pandemic, but the future looks much better, according to a report from the Energy Information Administration (EIA) at the U.S. Department of Energy. EIA predicts the U.S. gross domestic product (GDP), which began…

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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.

 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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