Oil prices drop amid market uncertainty

Oil Prices Drop Amid Market Uncertainty

Crude oil prices declined again this week as more questions arose regarding supply and demand. One thing is certain: oil production in Texas and the U.S. continued to increase. Texas oil production rose 1 million barrels per day (b/d), or 29.9 percent, over last year, and U.S. oil production rose…

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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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