by robertbensh | Mar 22, 2020 | blog, Oil and gas, Robert Bensh
There was a time when the United States imported most of its oil, but things changed when President Barack Obama took office in 2009. Before then, the United States was producing about 5.1 million barrels a day. By April of 2009, that number had risen to about 8.9...
by robertbensh | Mar 19, 2020 | blog, Oil and gas, Robert Bensh
The world runs on oil. Yet, many people are only vaguely familiar with how and where the oil that powers their cars, homes, and lives is acquired. This increasingly becomes a concern as the world relies more heavily on oil. The following oil offshore drilling fields...
by robertbensh | Mar 19, 2020 | blog, Oil and gas, Robert Bensh
Saudi Arabia’s National Shipping Co., formally known as Bahri, has booked 8 additional supertankers to ship oil from the kingdom’s main oil ports this month and the next in anticipation of a sharp increase in production. While preliminary bookings such as...
by robertbensh | Mar 3, 2020 | blog, Oil and gas, Robert Bensh
Oil is one of the most important economic and strategic resources in the world. The extraction of oil plays a major role in many national economies, although some nations do produce much more than others. In fact, the world’s five biggest oil producers account...
