NY times article – The drop in oil price
http://www.nytimes.com/interactive/2016/business/energy-environment/oil-prices.html?_r=0
Category: Oil
How Importing Oil Hurts Our Economy
Petroleum imports were at a record low last year, the lowest since 2005. The United States imported just 27 percent of its petroleum in 2014, with domestic oil and gas companies meeting the rest of the nation’s demand. However, oil imports are starting to … Read more
Why Should You Consider Direct Participation Oil and Gas Investments?
If you’re considering an investment in oil and gas, it’s important to weigh all of your options and determine which type of investment makes the most sense for you. While most people choose traditional methods to invest in oil and gas, direct participation … Read more
What Is Shale Oil Fracking?
Extracting oil and gas from below the Earth’s crust isn’t as simple as drilling down and watching it rise to the surface. While this may work to a point in some situations, much of the oil and gas located in the United … Read more
The Oil Refining Process
Oil and gas drilling is just one step in the process of extracting the raw materials from the ground and transforming them into the products we use on a regular basis. After the well drilling, which includes oil well completion, the materials extracted need … Read more
The Ultimate Oil and Gas Investment Tax Guide
One of the biggest concerns you may have with oil and gas investment opportunities is the tax implications. While there are oil and gas investment tax deductions, there will still be taxes you need to understand to protect your financial future. This tax … Read more
What Are Oil and Gas Royalties?
When oil and gas is found on privately owned property, it’s up to the property owner whether they are willing to lease the space to an oil and gas company. As part of this agreement, the property owner is typically paid oil … Read more
Cracking Methods for Oil and Gas Drilling
After oil and gas drilling, along with oil and gas well completion, companies need to refine the crude oil to make it into the products used in everyday life. There are several methods oil and gas companies use to create these products, allowing … Read more
How Does Oil and Gas Refining Work?
While oil and gas drilling is one of the most important parts of the process, these products can’t often be used in their natural state. This makes horizontal well drilling and well stimulation just the first step in a long journey. After oil and … Read more
Understanding Types of Oil Wells
When the layperson considers oil wells, they likely envision one kind of oil and gas well completion with a large derrick, either in the middle of a field or out in the ocean. However, when it comes to actual gas and oil well … Read more