by robertbensh | Dec 14, 2021 | blog, Oil and gas, Robert Bensh
To solve the impending and potentially cataclysmic effects of climate change on our Planet Earth, environmental scientists agree that the global economy must move rapidly away from fossil fuels and adopt alternative energy sources that produce no carbon emissions....
by robertbensh | Dec 10, 2021 | blog, Oil and gas, Robert Bensh
What we often call oil is called petroleum or crude oil. It comes in liquid, gas, and tar form. Once it is extracted from the earth, it can be refined into gasoline, jet fuel, and petrochemicals. Gasoline is what powers our cars, and jet fuel powers our planes....
by robertbensh | Nov 23, 2021 | blog, Oil and gas, Robert Bensh
The current conditions and declining fortunes in the oil market are impacting both supply and demand. These factors include plummeting costs of renewable energy, environmental performance, climatic change concerns, and the overproduction of gas and oil. On the demand...
by robertbensh | Nov 19, 2021 | Uncategorized
Oil prices have rebounded after being flat for months. Crude oil actually traded below the $0 mark briefly in the spring of 2020, thanks to the historic economic disruptions precipitated by the COVID-19 pandemic. Prices recovered somewhat after that but remained flat...
by robertbensh | Apr 9, 2020 | blog, Oil and gas, Robert Bensh
The International Maritime Organization (IMO), a branch of the United Nations, has been banning ships from using fuels with a sulfur content higher than 0.5% in an attempt to reduce pollution. Before these new measures were established in 2019, the sulfur content in...