How are Crude Oil and Natural Gas Different?
Both natural gas and crude oil are important energy commodities. However, many people don’t realize their differences or get one confused with the other. Although they are two different substances and commodities, they have a close relationship. They are often found...
How Hurricanes Impact the Oil and Gas Industry
Every year hurricanes take dozens of lives and result in millions of dollars worth of infrastructure damage throughout the Caribbean and the Gulf Coast. Hurricanes also take a heavy toll on the oil and gas industry. Hurricane Season Hurricane Season begins June 1 and...
Advantages of Blockchain in the Oil and Gas Industry
Blockchain technology has taken the world by storm and already disrupted a variety of industries. The oil and gas sector is no exception. Originally blockchain was utilized as a form of cryptocurrency, but today the technology is used for far more. Even oil and gas...
A Brief History of the US Oil Industry: Pt. II
The United States’ oil history did not end with World War I! The next several decades saw companies beginning to drill for oil abroad, fluctuations due to the Great Depression, and changes due to World War II. Drilling for Oil Abroad Although the United States...
Oil Shipping Methods
Oil is one of our most valuable resources. In order for oil to be used, however, it must first be transported to refineries. There are several different methods of transportation. Each one has its different advantages. Pipeline Crude oil is often moved from wellheads...
A Brief History of Oil in the US: Pt. I
For much of history, energy has played an important role. Living standards have always been linked to energy. People needed to burn wood for heat and cooking. Wood was replaced by coal, and coal was later replaced by oil. Although the history of oil may seem...
What’s Going On With Colorado Oil and Gas?
The United States has been making waves in the oil and gas industry thanks to large increases in production across various states like Texas, North Dakota, and Alaska. Not on the list of the top five oil-producing states is Colorado. And yet, it’s the state that...
Is America in an Energy Revolution?
On February 5th, 2019, the President of the United States, Donald J. Trump, gave his second official State of the Union Address. One of the main topics of conversation during that speech was record-breaking oil prices. Americans have enjoyed lower gas prices, and he...
A Brief Recap of the Venezuelan Oil Industry
Venezuela's oil industry has seen a few downs over the years, but the country has housed one of the world's biggest oil reserves for the better part of its existence. The last few years in Venezuela have seen economic collapse as well as changes in leadership and...
3 Myths About Oil & Natural Gas
Whether you support the oil industry and natural gas drilling or not, it's important to separate the truth from fiction. Much of what goes around news and media outlets, as well as social media, is simply not true. In order to better grasp the reality of these...