by robertbensh | Feb 23, 2022 | blog, Oil and gas, Robert Bensh
The demand for oil and gas has gradually increased each year since the COVID-19 pandemic began in 2020. Oil and natural gas are needed in every major industry on the planet; however, the overall demand for these commodities has been altered due to the global crisis....
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...
by robertbensh | Mar 19, 2020 | blog, Oil and gas, Robert Bensh
The world runs on oil. Yet, many people are only vaguely familiar with how and where the oil that powers their cars, homes, and lives is acquired. This increasingly becomes a concern as the world relies more heavily on oil. The following oil offshore drilling fields...