Gasoline Prices Under Trump: Fact vs. Perception
Jul 15, 2024 · A decision to stop Russian imports disrupted operations in many U.S. refineries. In response, the price of oil surged to above $100/bbl, and the national average price of gasoline briefly topped $5.00/gallon. The average price of gasoline in 2022 was $4.06/gallon, the highest annual average on record.
Impact of Hurricanes on Oil Prices and Market Volatility
Oct 7, 2024 · Hurricanes profoundly affect petroleum markets, primarily through disruptions in crude oil production and refinery operations. The Federal Offshore Gulf of Mexico (GOM) is a major U.S. crude oil production hub, contributing approximately 14% of the national output in 2023. During hurricanes, offshore oil platforms often experience significant ...
LWD vs. Wireline Logging: Which to Choose | Shale Magazine
May 23, 2020 · Wireline Logging vs. Logging While Drilling (LWD) Alternatively, “logging while drilling (LWD)” technologies enable data collection in real-time or in a recorded mode as the drilling operations are in process. The LWD tools are made up to the Bottom Hole Assembly (BHA), along with MWD (measurement while drilling), RSS (rotary steerable ...
Repurposing Abandoned Oil Rigs | Shale Magazine
June 10, 2024. 382. As oil operations wind down in several depleted oilfields, energy companies are looking for ways to repurpose old infrastructure to cut costs and support environmental efforts. It is extremely expensive to disassemble and transport old oil rigs, meaning that many companies have sought out alternative uses for the structures ...
Tech Advances Drive Record Oil Production Amid Rig Count Decline
Aug 20, 2024 · This counterintuitive trend is largely due to oil production technology advances, allowing companies to produce more oil with fewer rigs. Historically, production declined when the Baker Hughes Rig Count, a key economic indicator, declined. The U.S. rig count was 588 this week, which is a decline of 66 from last year at this time.
Digital Trends Disrupting the Oil and Gas Sector | Shale Magazine
Oct 10, 2024 · The rise of remote monitoring and automation technologies is another trend disrupting traditional practices in the onshore oil and gas sector. These technologies enable operators to monitor and control field operations from centralized locations, significantly enhancing operational efficiency and safety. For example, ConocoPhillips has invested ...
Shale Magazine Oil & Gas Energy News | Shale Magazine
We invite writers, industry experts, and thought leaders to contribute their articles to Energy Network Media Group. Your work will reach a wide audience of professionals, enthusiasts, and decision-makers who rely on us for the latest trends and in-depth analysis in the energy industry. Join us in shaping the future of energy by sharing your ...
Meet the Lithium King Teague Egan | Shale Magazine
Nov 4, 2022 · Lithium King Teague Egan. Sitting fittingly in his Tesla Model S outside a massive 11,000 square foot R&D facility, Teague Egan, the magnanimous, energetic, and exuberant leader of explosive energy-technology start-up, EnergyX, sat down to an exclusive interview for our latest issue focusing on renewables.Behind a laid-back style, Teague’s brilliant mind is hard set on executing an ...
Accelerated Green Transition Outlook 2024-2025 - Shale Magazine
Jan 25, 2024 · Over the last three years, the Biden administration has strived to introduce strong climate policies and accelerate the U.S. green transition. This began with the initial banning of new
U.S. Energy Infrastructure Resilience Amid Severe Weather
Oct 11, 2024 · The plan earmarked $100 billion in funding to update and modernize the electric grid to make it more reliable and resilient, particularly in the face of severe weather phenomena. For years, communities, politicians, scientists, and energy experts have warned that the aging energy infrastructure across the U.S. would buckle under pressure.