Crude Oil, Gasoline Prices Rise as Inventories Decline

RMI Supply

Global crude oil inventories are down creating upward pressure on crude oil prices around the world. Oil inventories fell 33 million barrels in June, the most recent reporting period that data is available, according to a report from Morgan Stanley. Stocks are well below the five-year range, leaving little buffer…

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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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