West Texas Intermediate reaches $75

West Texas Intermediate Reaches $75

Crude oil prices in the U.S. continued to show strength this week while demand for petroleum products remains strong and crude oil inventories continue to slide. The Organization of Petroleum Exporting Countries (OPEC) and its non-member countries, which includes Russia, said it will increase oil production beginning in August. Crude…

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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.

 

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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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