Petroleum Market

Petroleum Market ‘Remains Highly Uncertain’

Demand is up, supplies questionable, and price “remains highly uncertain.” That summarizes the Energy Information Administration’s (EIA) short-term market forecast for petroleum products released this week. “We expect to see demand for travel to increase, which drives our forecast for record consumption of petroleum products,” said EIA Administrator Joe DeCarolis….

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


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