Petroleum industry shows strength as demand rises

Petroleum Industry Shows Strength as Demand Rises

Crowley

Petroleum prices are rising as the economies around the world recover from the Covid-19 pandemic and demand has caught up with supply. The Energy Information Administration (EIA) this week forecast this week West Texas Intermediate (WTI) will average $71 per barrel during the third quarter of 2021, which is $6…

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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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