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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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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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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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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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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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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Oil prices, as well as the balance of supply and demand in the crude oil market, is influenced by oil inventories. One of the fundamental concepts of economics is the...
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From asphalt to plastics to fuel, oil is the king of commodities that is used in many different ways. As an economic powerhouse, the oil and gas industry and the...
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Shale extraction of oil and gas has lessened the need for the United States to import, helping the economy immensely in the form of investment, jobs, and growth. Oil exploration...
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Also referred to as “black gold,” crude oil is considered one of the most precious commodities on a global scale. Changes in its price have the power to affect the...
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