Inventories are up, prices are down

Inventories are Up, Prices are Down

Energy prices have declined significantly since last summer, and it appears that trend will continue in the coming months. Gasoline and diesel retail prices are down 33% since June, and the price of the natural gas spot price is off 70%. One key to the price decline of gasoline and…

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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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