Refining Crude Oil
Crude oil is one of the most essential energy commodities worldwide. Once oil is extracted, it has to be transported and refined into products for it to have value. Refining crude...
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Oil and Gas Valuation Methods
The energy industry is composed of oil and gas, nuclear, utilities, coal, as well as alternate energy firms. However, for many, it’s the oil and gas exploration, drilling, and refining...
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The Oil and Gas Industry: Determining the Financial Performance of a Drilling Company
Qualified investors looking to diversify their portfolio can discover many opportunities within the oil and gas industry – specifically, through the oil and gas drilling sector. However, it would be...
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Understanding Operating Expenses
The energy industry plays a very essential role in the economy’s growth. This ever-growing industry includes the oil and gas sector, which helps the economy by oil and gas drilling,...
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Investing in Oil and Gas: How Tax Deductions Can Help You
There are a lot of reasons why qualified investors choose to diversify their portfolios by investing in oil and gas. One compelling reason is the substantial tax deductions afforded by...
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Hydraulic Fracturing Has Made the United States a Major Oil Producer
Fracking, the common term for hydraulic fracturing, has boosted U.S. domestic oil and gas production significantly, reducing the need for America to rely on import oil. This decrease coincides with...
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Year-End Investing in Oil and Gas for Tax Benefits
Qualified and approved investors choose to invest in oil and gas due to a number of reasons, but one of the most compelling ones is the tax benefits. This can...
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Investing in America’s Oil Independence
The United States controlled oil prices and was the world’s largest producer of oil up until the mid-20th century. OPEC, or the Organization of the Petroleum Exporting Countries then ruled...
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Forecasting the Price of Oil
Crude oil is a naturally occurring petroleum product extracted from oil wells and is a mixture of gasses and liquids, organic materials, and hydrocarbon deposits. As an essential source of...
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Oil and Gas and the Global Economy
Undeniably, oil remains to be one of the most important commodities worldwide. When converted into petroleum, it is the main energy source used in planes, vehicles, heating, electricity, and asphalt....
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