Increased Efficiency, New Technology Result in Record Production
Increased efficiency and the development of new technology by America’s oil industry resulted in record oil production last year, according to a study by the...
Articles by Alex Mills
Today’s Misguided Policies Can Lead to Tomorrow’s Energy Crisis
Twenty years ago, the United States imported more than half of the oil we consumed each day. Today, primarily through innovative technology developed by the...
Electric Vehicle Sales Grow but Problems Exist
Even though electric vehicle and hybrid sales grew in 2023, a variety of issues have emerged to cause some automakers to modify future manufacturing targets....
Natural Gas Prices Plunge as Inventories Rise
The decline in natural gas prices surprised industry officials this week – dropping more than 30% – as news surfaced about the oversupply of natural...
Texas Petroleum Industry Had Unusual Year
The petroleum industry in Texas had an unusual year in 2023: it produced more crude oil and natural gas in the state’s history, but declining...
Oil Industry Analysts Expect Volatility During 2024
The oil and gas industry experienced unusual volatility in 2023 as production in the U.S. exceeded all expectations while facing many challenges. Oil production reached...
OPEC Expects Oil Demand to Increase
The Organization of Petroleum Exporting Countries – better known as OPEC – has become the major source of crude oil exports worldwide. During the pandemic,...
Texas Electric Grid Passes First Winter Test
Apparently, the changes to the electric power grid in Texas following the massive winter storm in 2021 have been successful in avoiding any power failure...
Cold Wave Expected to Drive Electricity Demand Up
As a winter cold front sweeps across the country, energy providers prepare for large increases in demand. In Texas, the Electric Reliability Council predicts record...
Oil and Gas Overcome Obstacles on Way to Set Records
As oil and natural gas production in the U.S. is on pace to set records in 2023, industry analysts are pointing out the industry overcame...