We are fast approaching the November election, with Joe Biden running as the democratic presidential candidate. One of his tasks if elected, is pushing for America to switch to electric vehicles with a big focus on the economic advantages. Biden’s climate and energy package are a proposed $2 trillion dollars, and in it will be […]
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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 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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American schools are beginning to reopen, even as the COVID -19 pandemic continues to surge in some states. Students heading to the classroom for the first time will be in for a not so normal lesson.
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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 transportation industry has seen an influx of autonomous trucks and vehicles. Companies such as Embark, Daimler, TuSimple and Volvo, may now have to fend off a new competitor. The Pittsburgh Pennsylvania based company, Locomation, has just completed trials of their autonomous relay convoy technology with the asset-based carrier Wilson Logistics. Their unique technology platform […]
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United States unemployment numbers
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Ever since WTI crude oil prices broke out above the $32/barrel level in May, we have been on a steady grind higher. The question is, will this continue?
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With the markets slowly recovering from the COVID-19 pandemic, the oil demand in Asia is starting to return to pre-pandemic levels. Saudi Aramco’s chief executive Amin Nasser said, “We are seeing a partial recovery in the energy market as countries around the world take steps to ease restrictions and reboot their economies”. This positive news […]
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It’s been one week since the $600 unemployment stimulus ran out for many jobless Americans. In my blog, “Time is Running Out,” I discussed how Congress was working to put together a bill that extend these benefits and yet we still do not have a bill as partisanship persists.
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