Houston, TX, November 30, 2016 – When OPEC members, led by Saudi Arabia, decided in 2014 to keep oil production high despite a global glut, it sent prices into a tailspin. It’s widely thought the move was intended more than anything to drive as many U.S. shale producers as possi
Houston, TX, September 26, 2016 — During the International Energy Forum, Sept. 26 – 28 in Algeria, members of the Organization of Petroleum Exporting Countries (OPEC) will convene informally to discuss how to stabilize slumping global oil prices. Crude is currently trading in th
Houston, June 24, 2016 – Arguably the world’s most valuable commodity, crude oil is essential to modern life, the building block for everything from gasoline to guitar strings. Like other commodities, crude is governed by the theory of supply and demand. Producers produce, buyer
Houston, May 3, 2016 — When OPEC members couldn’t agree at their April meeting to cap oil output in an effort to boost prices, did it signal the end of the cartel’s reign as the world’s energy swing producer — leaving the door open for American shale producers to take over
The American Shale Revolution has, without a doubt, impacted countless towns around the country. The mass influx of workers, the high wages, and the new job opportunities have boosted struggling towns and given the residents of economically depressed areas something to look forward to