oil prices

oil rigs in an oil field at sunset

Oil Prices Are On the Rise As Social Distancing Requirements Ease

Those with interests in oil production are feeling a bit of relief for the first time in months.  After oil prices bottomed out and went into negative territory in April for the first time in history, many oil companies were fearing imminent bankruptcy. Now, with areas of the country re-opening, there is a slow rebound …

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Oil Industry Bailout? Industry Leaders Say ‘No Way’

COVID-19, also known as Coronavirus, has impacted people the world over, effectively stopping day-to-day life in many regions of the world.  Many industries are being impacted negatively by the spread of the virus, with the oil and gas industries among the hardest hit.  In recent days, White House Insiders have stated that the Trump Administration …

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oil rigs in oil field

Why Oil Prices Are Crashing: What You Need to Know

Even people who are not generally aware of oil prices have likely heard that oil prices are dropping.  This is big news that is impacting not just the United States, but the world at large.  When you understand why oil prices are dropping, you understand why this is important news for everyone, including the everyday …

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