Spindletop: Where It All Began

Spindletop: Where It All Began

Spindletop Reposted with permission From Wikipedia, the free encyclopedia Spindletop U.S. National Register of Historic Places U.S. National Historic Landmark The Lucas gusher at Spindletop, January 10, 1901. This was the first major gusher of the Texas Oil Boom....
Another Oil Boom in 2017?

Another Oil Boom in 2017?

Indications have emerged that a U.S oil boom will be achieved in 2017 despite the setbacks it suffered in recent years. For the last seven months, there was a downturn in U.S oil production. And for the very first time in two years, oil production dropped below the...
SHARP RISE IN OIL PRICES INEVITABLE

SHARP RISE IN OIL PRICES INEVITABLE

The International Energy Agency has warned that unless the exploration firms embark on new upstream projects, there will be a drop in OPEC’s spare capacity resulting in a sharp rise in oil prices. A recent report from the International Energy Agency has stated that...

SAUDIS CUT OIL OUTPUT

There was a weekly increase in oil price even as Saudi Arabia has pledged the continuation of production cuts in the second half of 2016. Recent data from the Energy Information Administration revealed that for the first time this year, there was a fall in United...

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