by South Texas Oil Boom | May 2, 2017 | Why Invest in Oil
The prospect for employment in the oil and gas industry will be higher soon, even as experts have predicted no less than 100,000 new jobs in 2018. According to Goldman Sachs, a huge comeback is set to be made in the U.S oil industry. The United States sits on 264...
by South Texas Oil Boom | Apr 27, 2017 | South Texas Oil Boom
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...
by South Texas Oil Boom | Apr 15, 2017 | South Texas Oil Boom
The EIA on the 11th April released a short term energy output, predicting a fast rise, both in American’s energy production and imports. Predictions made by the agency on United States energy outlook are in most cases bullish. There are indications that the agency...
by South Texas Oil Boom | Apr 4, 2017 | South Texas Oil Boom
The Permian Basin has become an attractive opportunity for oil and gas investors. Besides the quality of oil found in this basin, the extraction cost from the beginning to the end all make it a go-to-area for investors who desire to invest in the energy sector....
by South Texas Oil Boom | Feb 24, 2017 | News
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...