The second quarter of 2022 revealed that oil and gas production in the Permian Basin has exhibited no signs of slowing down production. Nearly half of all oil investments conducted between April and June came from the Permian. The Permian Basin is in West Texas and the adjoining area of southeastern New Mexico. It covers […]
Read MoreWhat is the 2022 forecast for oil prices?
As our global economy recovers from the pandemic, energy prices increase as we continue to see inflation throughout the world. Two things that can affect whether prices at the gas pumps continue to increase are OPEC+ and U.S. shale outputs. With people resuming road and air travel, the global oil demand has almost rebounded to […]
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