Global players in the oil and gas industry understand one major thing: governments’ political statements and public posturing can directly impact their bottom line. From shipping lanes to supply and demand, every aspect of the market relies on the relationships and trade agreements countries and allies fostered after the 2nd World War. As new …
The Impact of Global Politics on the Oil and Gas Industry Read More »
The U.S. Energy Information Administration (EIA) revised its forecasts for the last quarter of 2019 and the beginning of 2020. Despite oil and gas production increases, the Short-Term Energy Outlook (STEO) expects prices to trend down over the next few months. This is largely due to some recent production halts, trade war issues, and the …
The potential for new US Offshore oil rigs could lead to a huge boost in the economy over the next decade. Stay informed with MSI. 877-276-9208
MSI is committed and dedicated to continuing to provide high-quality pipe protection products for our clients and producing companies no matter what. Call 877-276-9208 for orders and information.
Despite the current rising costs of raw steel materials needed for producing oilfield products, MSI shares innovative ways to preserve operational equipment until relief comes. Learn more here, then call MSI at 1-877-276-9208 for orders and information.
If you rely on oil and gas to power your car, home, and more, you have likely noticed that prices for these products are significantly lower now than they have been in other recent periods. You may have heard that these prices are a result of an oil surplus, which may come as a surprise- considering mounting concern over the recent decade about running out of fossil fuels, and the ever-increasing focus on developing sources of alternative energy.
Even though we have become a world of green economy, oil is still a valuable commodity that creates fortunes. China recently surpassed the United States in oil imports, and it seems that the situation will not change in the coming years.
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