The oil and gas industry is over a hundred years old. It originated in the late nineteenth century and grew rapidly due to the needs for transport during the First World War. With the mass production of automobiles in the 1930s, oil became a staple of modern life. Upstream, midstream and downstream oil Oil and…
Category: Natural gas training
Don’t Expect Oil Prices To Rise Until At Least 2017
The current oil market has been described as Jekyll and Hyde-like by some experts. Meanwhile, the average American consumer is perpetually shocked by how low gas prices have fallen at the pump. If you’re in the latter category, then we have good news — financial analysts say oil prices will stay low through 2016. That…