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,...
For most of the world, oil is a necessary part of life. The United States imports much of its oil and the majority of it is converted into other products for people to use, such as gas or heating oil. On average, the U.S. consumes about 19.4...
We all know that oil is an important resource. We know that there is a lot of controversy regarding where we obtain our oil. But one thing we don’t focus on enough is how the oil is transformed from the way it looks right out of the ground, to the gasoline that we put...
