Oil Industry News (03/15/2023)

March 15, 2023 [00:00:00.490] – Kurt MireToday is March 15, 2023. Let’s review some oil industry news. In the United States. West Texas Intermediate Oil is selling for $68.60 a barrel. It’s down significantly from yesterday. US. Natural gas is $2.47 per mmb. Two, it’s down slightly, but over the last few months, it’s downContinue reading “Oil Industry News (03/15/2023)”

What Should The Oil And Gas Industry Expect In 2021?

2020 Was The Worst Year For Oil & Gas It’s no secret that 2020 was the worst year in history for the oil & gas industry. Production crashed down and the mainstream sentiment towards the industry was extremely negative. But we should remain positive as I believe things will improve in 2021. Oil Prices LookingContinue reading “What Should The Oil And Gas Industry Expect In 2021?”

Are You Anti-Fracking? So Was Joe Biden Before He Knew The Facts.

By now you’ve probably seen the last presidential debate, where a significant amount of time was spent speaking about the energy industry. Disclaimer: The purpose of this video isn’t to get political or showcase support for one candidate or the other, both candidates have their downsides just like in every other political election since theContinue reading “Are You Anti-Fracking? So Was Joe Biden Before He Knew The Facts.”

Petroleum Economics: Understanding Internal Rate of Return and Net Present Value

Link To PowerPoint What is IRR or the Internal Rate of Return? IRR is the interest rate at which the net present value of a project’s cash flow equals zero. IRR is used to evaluate the attractiveness of a project or investment. The Pros & Cons Of IRR IRR makes it easy to rank projectsContinue reading “Petroleum Economics: Understanding Internal Rate of Return and Net Present Value”

Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals

Today we’re covering the top 3 mistakes you must avoid when making an investment in an oil & gas property. This does not cover any investment tips for investing in a publicly traded petroleum company, oil & gas stocks, or any form of financial securities. The tips are for individuals looking to invest in anyContinue reading “Top 5 Mistakes To Avoid When Investing In A Oil And Gas Project, Royalties, Or Ownership Deals”

How Fracking Empowers Minority Communities Around The World

By Carissa Lamkahouan Ban Fracking? For some on the left, that’s a fight best left only when the time is right. Many on the political left, and especially those who consider themselves progressives, oppose fracking for environmental reasons, arguing the process contributes to global warming. However, the cause of banning all fracking is not asContinue reading “How Fracking Empowers Minority Communities Around The World”