The Permian Basin, which spans eastern New Mexico and western Texas, is an oil and gas producing area and represents the most productive oil production region in the U.S. Encompassing about 250 miles...
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As the market worries about how inflation could impact the demand and overall economy, the prices of oil have come under pressure. However, signs of supply shortages have kept long-term outlooks of...
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OPEC+ members approved of a paltry raise in oil output on Wednesday, August 3. This happened only 2 weeks after President Joe Biden’s trip to Saudi Arabia to lobby that...
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Major investors are reconsidering oil and gas investments and are rekindling their interest in energy. For years, pension funds, endowments, as well as other institutional investors have given the oil and...
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The prices of oil rose above 2 percent on July 1 as projected shutdowns in Norway and supply outages in Libya offset expectations that a downturn in the economy may dent demand. Brent crude futures...
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Today, drivers are in for an excruciating experience every time they fill up their gas tanks. As of this writing, the average for regular gasoline prices is at a record...
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As we look forward to the 4th of July, it is imperative to realize that investing in America's energy independence & development has never been more important. American Independence in Uncertain Times In...
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In its Summer Fuels Outlook, The U.S. Energy Information Administration predicts that real diesel and gasoline prices will be at their highest levels since 2014, to average at $3.84 per gallon...
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Compared to the energy shocks during the year 1970, the world is less dependent on oil today. However, the Russia-Ukraine war is stark evidence that the world economy is largely...
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The US Energy Information Administration (EIA) forecasted that the price of oil will remain higher than $100 per barrel in the coming months. These announcements could impact energy markets, particularly the increase in oil...
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