Petroleum prices in ‘highly unpredictable environment’

Petroleum Prices in ‘Highly Unpredictable Environment’

Crude oil, natural gas and gasoline prices were all up this week. It’s a trend that has been repeated almost weekly since June 2020 when there was an oversupply of product and much lower prices. That summer U.S. oil inventories, excluding oil in the Strategic Petroleum Reserve, were at 540…

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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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