The oil and gas industry experienced a sharp decline in activity as a result of low commodity prices. Many people employed in the industry are worried about keeping their jobs or, if they have already been let go, what to do next. From land mangers to engineers, to rig hands to project managers; everyone continues to hope for a turnaround. There are ways however, people can be proactive and set themselves apart to have a better understanding of the entire energy industry and thus increase their … [Read more...]
Lifiting the US crude export ban and its implications
For the first time in 40 years, the United States is on the cusp of allowing un-restricted crude oil exports. This comes as congress considers legislation for tax breaks on refiners, and lifting the export ban. There are several plans on table that include production tax credits, and improved renewable energy tax credits. In the wake of large surpluses of domestic oil production, the legislation is getting mixed reviews from domestic refiners, political representatives on both sides, and … [Read more...]
