How the Texas Power Crisis Has Affected Oil & Gas

How the Texas Power Crisis Has Affected Oil & Gas

Statistics from relevant authorities show that millions of Texas homes and businesses have been living without power for about a week. Winter storms and low temperatures have disrupted the local power system and refineries. The problem is also affecting other areas....
An Expected Change in Oil and Gas in 2021

An Expected Change in Oil and Gas in 2021

The 2020 pandemic had a damaging effect on many businesses. The oil and gas industry was particularly negatively impacted. Energy consumption dramatically decreased, prices dropped, and producers were left with product oversupply. As the world moves past the pandemic,...
Oil Stocks That May See A Rise In 2019

Oil Stocks That May See A Rise In 2019

2018 was a hard time for oil companies. Early 2018 saw oil prices shoot up in price; however, by the end of the year, the price of oil was down by 19%. Diamondback Energy, Concho Resources, Apache, Devon Energy, and Newfield Exploration were the oil companies that...