Oil Prices Top $80 Per Barrel for First Time in 3 Years – The U.S. benchmark, WTI Crude, was above $76 per barrel, rising by 0.87% at $76.14—the highest level since early July. -The gas crunch in Europe and Asia is also pushing the U.S. benchmark gas price, Henry Hub, higher, at above $6/mmBtu on Tuesday to […]
Richest Shallow Sand Pool Ever Found in Texas
“Richest Shallow Sand Pool Ever Found in Texas, Local Farmers and Fellow Residents Became Millionaires Overnight” A July 1918 oil discovery on a small farm along the Red River in Texas launched a drilling boom that brought great prosperity to North Texas. Less than one year later, a well on another farm added 27 square […]
Robust Gasoline Consumption Fuels Record-High U.S. Oil Demand
Robust Gasoline Consumption Fuels Record-High U.S. Oil Demand U.S. oil demand continues its upward trajectory—reaching a record high last week–while product inventories have fallen to the lowest levels in three years. If the demand trend holds, oil prices have room to rise even more in the rest of the year, some analysts say. Information Source: oilprice.com […]
Oil & Gas Photography
Hello all! I hope all is well and everyone is safe, but enjoying the uptick in prices right now! A long-time contractor of ours who has taken oil & gas photos for us over the past 15 years is AVAILABLE FOR OILFIELD SHOOTS FOR THE NEXT 2 WEEKS. He is a hard worker and understands […]
U.S. Oil Consumption Surging with Industry Firing at Full Blast – America’s oil demand has soared to new heights in a remarkable turnaround from just a year ago when the pandemic sent the U.S. economy into a tailspin and decimated demand. Information source: Bloomberg.com
Geology Around the World
Geology Around the World – 10 geological wonders of the world. Time has left behind some of the most fascinating phenomena on earth.
UBS: Oil Demand to Return to Pre-Covid Levels by Q1 2022
UBS: Oil Demand to Return to Pre-Covid Levels by Q1 2022 Jul 09, 2021, 9:00 AM CDT “Meanwhile, global inventories are falling while non-OPEC supply is not rising as fast as it would have under other circumstances.” Information source: oilprice.com
It’s Too Late to Avoid a Major Oil Supply Crisis
It’s Too Late to Avoid a Major Oil Supply Crisis Jun 17, 2021, 7:00 PM CDT “There are a number of observable trends in oil supplies and by extension prices, presently. I am going to discuss one of them in this article. A lack of capital investment in finding new supplies of oil and gas. […]
Oil Jumps Past $75 for First Time Since 2018 – Natural Gas ETF (UNL) Hits New 52-Week High
Thank You, North Face
Environmental hypocrisy: Over 90% of North Face products are made from fossil fuel, CEO of Liberty Energy says Source: Tech Startups June 5, 2021
The U.S. Could See Record Natural Gas Production In 2022
The U.S. Could See Record Natural Gas Production In 2022 Rystad Energy’s analysis reveals that the Appalachian Basin was US’ best-in-class in 2020 when it comes to CO2 emissions intensity, and the region is set to report a record-high capital efficiency in 2021, as reinvestment to maintain output will drop to its lowest ever. Meanwhile, […]
The U.S. Could See Record Natural Gas Production In 2022
Haynesville Shale The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. The region is forecast to account for about 21% of the country’s gas production in 2035, compared to 13% in 2020. […]
