Why Are Gas Prices so High?
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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Invest in America’s Energy Independence
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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Worldwide Supply Shortages Result in Rising Oil Prices
Once more, oil prices are rising, driving up inflation and casting a shadow over the global economy. This renewed anxieties over worldwide supply shortages. The U.S. Energy Information Administration revises its oil price...
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The Demand for Oil & Gas Will Continue to Rise
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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International Events Could Keep Oil Prices Remain Above $100 For Months
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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Prices of Oil Surge Above $100 per Barrel
On Thursday, February 24, Brent crude jumped to more than $100 per barrel for the first time in more than seven years. Additionally, the U.S. West Texas Intermediate crude soared to as...
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Drilling Economics are “The Best in Years”
An extraordinary mixture of factors has been brewing within the world energy markets, and the shortage in global energy supplies is spilling into the oil market. This Reuters article highlights some current conditions which is...
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Biden’s Energy Policies Resulted in Rising Oil Prices
The Biden Administration has already made a profound impact on the industry of oil and gas and has contributed to the rising of oil prices, even after merely a month...
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Hydraulic Fracturing Has Made the United States a Major Oil Producer
Fracking, the common term for hydraulic fracturing, has boosted U.S. domestic oil and gas production significantly, reducing the need for America to rely on import oil. This decrease coincides with...
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Crude Oil: Influenced by Supply and Demand
From asphalt to plastics to fuel, oil is the king of commodities that is used in many different ways. As an economic powerhouse, the oil and gas industry and the...
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