Crude Oil, Natural Gas Demand Increases

Crude Oil, Natural Gas Demand Increases

RMI Supply

Demand for crude oil and natural gas surged last week, causing price increases for both commodities. Crude oil futures for February delivery on the NYMEX closed on Wednesday at $61.63 per barrel, the highest since June 2015, on news of strong demand created by increases in the economies in the…

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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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