Natural gas usage increases #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Natural Gas Usage Increases

The future of the natural gas industry looks bright as supply and demand are expected to increase, and prices are predicted to be stable. Demand increases will come from the electric power sector and exports, according to the Energy Information Administration at the Department of Energy. EIA forecasts natural gas consumption by the electric power sector to increase by 1.1… Read More
Oil prices rise in response to turmoil in Middle East #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Oil Prices Rise in Response to Turmoil in Middle East

Oil prices continued to rise last week as tension between the U.S. and Iran escalated sparking fear of declining availability of oil from the Persian Gulf. Crude oil closed at $59.14 on Wednesday on the New York Mercantile Exchange and $66.26 for Brent, the international benchmark traded in London. President Trump blamed Iran for attacks on oil tankers that had… Read More
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