Oil, Natural Gas Proved Reserves Increased In 2016 By Alex Mills Proved reserves of onshore crude oil and natural gas in the U.S. increased in 2016, according to a report issued this week by the Energy Information Administration (EIA).Crude oil proved reserves increased 3 percent …
Oil and Gas
U.S. Oil Production Exceeds 10 Million Barrels Per Day
U.S. Oil Production Exceeds 10 Million Barrels Per Day By Alex MillsJust two days after President Trump proclaimed the end of thefederal government’s war on energy produced in the U.S., the Department of Energy’s Energy Information Administration announced domestic crude oil production has …
Oil and gas industry future looks ‘attractive’
By Alex MillsAfter two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.A recent report by Morgan Stanley stated: “The exploration and production (E&P) outlook is attractive.”“Energy sentiment …