$100 Per Barrel?

The latest data from the Energy Information Administration (EIA) from January 14th showed a small crude inventory build of 500,000 barrels.  This has been coupled with a large increase of gasoline which added 5.9 million barrels.  Even with this inventory build, United States commercial petroleum stocks have declined most of the past eighteen months.  The […]

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Close, but No Cigar

This past Thursday, Congress once again postponed the vote for the $1 trillion bi-partisan infrastructure bill. This investment over the next 10 years will plan to rebuild bridges, roads, Power Grid’s, along with water and energy systems. This 2,700-page bill which was passed this summer has been postponed by House progressives who are focused more […]

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Slim in…for good?

Oil and gas explorations remain sluggish and failing to rebound as expected. At $40+ a barrel and positive market indicator would historically promote conditions for the industry to recover, however there has been no indication of a recovery to speak of. The new normal seems to be a slim, budget conscious, and efficient industry soup […]

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The Eye in the Sky

The use of drones are being utilized in various industries all the time, from the military to recreation, but could we see the use of drones in the oil and gas industry? Of course, the drone model DJI M300 is used quite frequently in refinery inspections. “The accuracy of measurement increases with every new DJI […]

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Are We Nearing The End Of Oil & Gas Exploration?

Volatility in investing in oil and gas is nothing new, but the COVID-19 pandemic-driven demand destruction is forcing oil and gas companies to reassess the value of their biggest assets, proven reserves. Oil and gas companies have historically held faith in their reserves even during energy downturns, but this time feels different, and oil executives […]

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The Peak of Hurricane Season

Hurricane season generally lasts from June 1st through November 30th. Typically, we will not start to see its impact until August which will usually peak into September. Why is this important to know and how does it pertain to the energy industry? In the past, hurricanes have caused billions of dollars’ worth of damage especially […]

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Sour Vs Sweet

A few days ago, the Maran Apollo, a 1,100-feet long oil tanker, left the U.S Gulf of Mexico for the Chinese port of Rizhao hauling a cargo of two million barrels of U.S. crude. Sitting for almost two months, the supertanker held demand-less crude during the coronavirus outbreak. This crude sitting on the tanker is […]

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