Historically, the price of oil increases before high inflation. As oil prices rise, so do the prices of products that are dependent on oil. For instance, the prices may surge for goods...
Read More
We cannot underestimate the significance of crude oil prices on the general health of the economy, since higher inflation tends to result in higher oil prices. Inflation follows the price of oil,...
Read More
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...
Read More
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...
Read More
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...
Read More
The energy industry is composed of oil and gas, nuclear, utilities, coal, as well as alternate energy firms. However, for many, it’s the oil and gas exploration, drilling, and refining...
Read More
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...
Read More
Crude oil is a naturally occurring petroleum product extracted from oil wells and is a mixture of gasses and liquids, organic materials, and hydrocarbon deposits. As an essential source of...
Read More
Undeniably, oil remains to be one of the most important commodities worldwide. When converted into petroleum, it is the main energy source used in planes, vehicles, heating, electricity, and asphalt....
Read More
Oil prices, as well as the balance of supply and demand in the crude oil market, is influenced by oil inventories. One of the fundamental concepts of economics is the...
Read More