Elections, Global Economy Impact Future of Oil Industry
While the election of President is still undecided, Republicans in Texas were able to overcome a projected “blue wave.” Republicans won the U.S. Senate race,...
Alex Mills
Biden’s Energy Plan Has Some Unintended Consequences
Politicians have on occasion attempted to come up with some ideas to solve the perceived energy problem of the moment. For example, Richard Nixon faced...
Industry Concerned About Recent Surge in COVID-19 Cases
The predicted increase in COVID-19 cases as cold weather approaches in the Northern Hemisphere appears to be underway, resulting in an anticipated decline in economic...
Biden-Harris Energy Plan Proposes High-stake Changes
The Joe Biden-Kamala Harris team, if elected, will implement radical changes to energy policy increasing government oversight, and spending an estimated $2 trillion to eliminate...
Natural Gas Becomes an Integral Part of U.S. Energy Mix
Natural gas, once again, had an outstanding year setting production, consumption and export records in 2019, and attributed to reductions in carbon dioxide emissions, according...
World Oil Activity Slides to New Low
Worldwide oil production has declined an estimated 10 million barrels per day (b/d) – 2 million b/d in the U.S. – since January in response...
Oil Company Executives Skeptical About Quick Recovery
Even though some economic indicators in the oil and natural gas industry were flat this week, the chief executives of many companies are pessimistic about...
Energy Markets Face ‘Delicate Re-balancing’
Since the coronavirus pandemic disrupted worldwide economic activity this year, global energy markets have been in a “delicate re-balancing” situation. Two reports issued this week...
Oil, Natural Gas Price Stabilize as Demand Rises
Crude oil and natural gas prices stabilized in August, but the future looks uncertain, according to a recent report from the Energy Information Administration (EIA)....
Biden’s Position on Oil and Gas Needs Clarification
“I am not banning fracking,” Democratic Presidential candidate Joe Biden said in Pittsburg on Aug. 31. “Let me say that again: I am not banning...
