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 | 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...
by robertbensh | Apr 2, 2020 | blog, Oil and gas, Robert Bensh
Money is what investors think of when they gauge oil in regards to their investment portfolios. The rise or fall of oil prices is an emotional experience no matter how much money an investor is set to gain or lose. As of March 10, 2020, oil has traded below $37 a...
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...
