Oil inventories drop sending prices higher for fifth straight week

Oil Inventories Drop Sending Prices Higher for Fifth Straight Week

Crude oil and natural gas prices continue to show strength for the fifth consecutive week as the global economy rebounds. Crude oil prices on the New York Mercantile Exchange for 30-day delivery closed at $73 per barrel on July 23 and natural gas closed at $3.26 per million cubic feet…

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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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