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What new strategic imperatives in the oil and gas sector mean for the energy transition
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В Николаеве открылась «COVID-19 Бизнес-клиника», которая будет помогать предпринимателям развивать свое дело в условиях пандемии
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La Soufrière s SO2 dioxide reaches Africa: Heads for India
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Oil and Gas Expert says gas prices may reach $3-4 per gallon by end of the year
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Oil and Gas Expert says gas prices may reach $3-4 per gallon by end of the year
When the pandemic started, more than a year ago, the demand for oil also decreased, causing West Texas to produce less.
Credit: Getty Images/iStockphoto Author: Sunny Tsai (KAGS) Updated: 10:28 PM CST February 18, 2021
COLLEGE STATION, Texas Just like many other services and jobs undergoing this winter storm, oil production has paused or decreased significantly.
“Now they’re saying, oil could go to $190 a barrel by 2025. What does that mean as a gasoline user? Not good,” said King Operating CEO Jay R. Young.
When the pandemic started more than a year ago, the demand for oil also decreased, causing West Texas to produce less.