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Shale Basins Offer Encouraging Signs of U.S. Oil Industry Rebound

Shale Basins Offer Encouraging Signs of U.S. Oil Industry Rebound

During the past two years, news from the domestic oil production industry has been dismal. Crude oil barrel prices dropped to a third of their $110 value in 2014, 250,000 oil workers lost their jobs, and the number of active oil and natural gas rigs in the U.S. plummeted from 1,609 in October 2014 to […]

3 months ago Comments Off on Shale Basins Offer Encouraging Signs of U.S. Oil Industry Rebound
How Oil and Gas Companies Have Gotten Creative in the Wake of Low Oil Prices

How Oil and Gas Companies Have Gotten Creative in the Wake of Low Oil Prices

While the recent year’s fall in oil prices delighted many U.S. consumers at the pumps, the country’s energy companies scrambled to implement strategies that would help them to weather the current economic storm. Remaining solvent and keeping critical infrastructure that will be needed for future growth when the market improves seem to be the collective […]

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