by robertbensh | Nov 21, 2022 | blog, Oil and gas, Robert Bensh
Rising gas prices have been a major factor in the United States supply chain. This issue has affected the country’s economy and environment. The energy crisis, which started in late 2021, has now moved into 2022 and has caused far-reaching effects. Some factors...
by robertbensh | Nov 21, 2022 | blog, Oil and gas, Robert Bensh
Today, most drivers are focused on the high cost of gas. However, there is another type of fuel that’s significantly more expensive than regular gas: diesel. The national average for diesel fuel is more than $1 a gallon higher than regular gas. According to...
by robertbensh | Oct 18, 2022 | blog, Oil and gas, Robert Bensh
In response to Russia’s invasion of Ukraine on March 8, 2022, U.S. President Joe Biden imposed restrictions on the import of various energy products from Russia. These measures have led to higher gas prices and inflation in the country. The rise in energy prices...
by robertbensh | Oct 18, 2022 | blog, Oil and gas, Robert Bensh
In the United States, the largest oil and gas companies have brought in more money than they have since the Great Recession. Free cash flow is expected to reach $834 billion in 2022, which is an increase of over 200% from the previous year. As a result, producers are...
by robertbensh | Oct 18, 2022 | blog, Oil and gas, Robert Bensh
Despite the various drawbacks of fossil fuels, such as carbon dioxide emissions, natural gas is considered a promising alternative to coal in the energy transition. Unlike coal, natural gas emissions are only half as high as those produced by burning coal. Also,...
by robertbensh | Oct 18, 2022 | blog, Oil and gas, Robert Bensh
The crisis over Europe’s energy supply is threatening the region’s economy and raising serious questions about its climate change ambitions. Due to the sanctions imposed by Western nations on Russia, the country has significantly decreased natural gas...
