We've been talking a lot about oil prices. Frankly, there's a lot to talk about. Some say low oil prices are good, while others say they are bad. We've shared news articles advocating both views, so what's the truth?
The fact is, the price of oil... (Read More)
Have you ever wondered why you pay what you do at the pump? While many assume the price of oil is tied only to the price of a barrel of crude, there are quite a few other factors that make up what you see on the sign at your local gas... (Read More)
It's no secret: 2015 was a bizarre year for oil. While historically low prices have decreased the economic outlook for the sector as a whole, low energy prices equal more money in the consumer's pocket. So how will 2016 shake out?
Many economists... (Read More)
Wow! Can you believe 2015 is already coming to a close? It feels like we were wrapping up 2014 just a few days ago, yet here we are, standing at the precipice of 2016. If time flies, it has got some pretty big wings.
Fortunately, we've been... (Read More)
The fact is this: There's too much oil on the market and not enough people buying it. As inventories build up, prices continue to fall. In what is likely to be an early Christmas present for holiday drivers, $2 gas might be right around the... (Read More)
Have you heard? Something big is happening in Utah. At a quiet place called Asphalt Ridge, Toronto-based MCW Energy Group is recovering oil from sands using a breakthrough new technology.
The new technology - patented by the company - recovers... (Read More)
Drones. Although the majority of the public hardly used the word a decade ago, it's now as common as planes or cars.
The fact is, drones are creating entirely new ways of doing things for a number of industries, and oil and gas are no exception... (Read More)
Crude oil powers our lives, but how many of us know what it is, where it comes from, and how it's extracted? This substance, commonly known as petroleum, holds the keys to our economic castle, so perhaps it's time for us to get slick with oil... (Read More)
If you haven't heard of it, the Bakken shale formation is a subsurface geological formation occupying approximately 200,000 square miles in Montana, North Dakota, Saskatchewan, and Manitoba.
According to a 2008 U.S. Geological Survey report, the... (Read More)