Just about half a century ago, the United States was battling rising inflation fueled by energy costs. The year was 1976, and inflation was 7.7% and gasoline prices averaged $0.59 per gallon. Four years later, inflation averaged 13.5%, peaking in February 1980 at 18%, and gasoline prices had doubled to…
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.
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.