by alonden | Jun 24, 2022 | blog, Oil and gas, Robert Bensh
With gas and oil prices climbing higher and higher, people are wondering what else could cause these prices to skyrocket and when they might stop. Unfortunately, inflation can also have a big impact on the price of gas and oil, both in the short and the long term....
by alonden | Apr 28, 2022 | blog, Oil and gas, Robert Bensh
Oil is a huge part of the total economic input so when oil prices rise, inflation occurs because inflation is a measurement of the rate of the way prices go up all over the nation’s economy. The United States Consumer Price Index or CPI is used to measure inflation...
by robertbensh | Jul 15, 2019 | blog, Oil and gas, Robert Bensh
Offshore oil and gas production is an important aspect of the oil and gas industry. Deposits located offshore are normally far larger than those located on land. As a result, oil companies are looking to prioritize these offshore deposits in order to become more...
by robertbensh | Feb 22, 2019 | blog, Oil and gas, Uncategorized
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...
by robertbensh | Oct 2, 2018 | blog, Oil and gas
Recently, the United States has surpassed Saudi Arabia and Russia as the top oil-producing country in the world with 10.6 million barrels produced every day in 2018. This production increase has occurred thanks to improvements in technology. It is easier than ever to...
