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Skyrocketing gas prices have everyone from independent truck drivers to the U.S. energy secretary demanding that oil companies ramp up production. They’d like to and they’re trying to, but it’s just not that easy.
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As the war in Ukraine affects gas prices in the United States, Democrats and Republicans are calling for an increase in domestic energy production. But experts say that won’t be a quick fix.
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Oil prices fell below the $50-per-barrel-mark Tuesday following a hike in oil production by Saudi Arabia.As Business Insider reports, West Texas…
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With an uptick in oil rigs, concerns about the supply of frac sand, the key component of drilling, are also arising.As Business Insider reports, oil…
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When OPEC curbed production last year, oil producers on the High Plains saw a potential end to the slump that has crippled small-town communities in the…
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Oil prices will likely continue to rise following a meeting between OPEC and non-OPEC oil producing countries Saturday.According to Bloomberg.com, Russia,…
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This week saw good news for High Plains oil producers, and bad news for consumers at the gas pump.As Fortune reports, the Organization of Petroleum…
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The oil sector has seen gains recently, reports The Wall Street Journal, and reached a three-month high on Monday.Prices have been rising on optimism…
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Oil prices are set to plunge again, reports quartz.com. Oil producers gathered in Doha this weekend in an attempt to freeze production in the glutted…
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The Oklahoma Legislature passed a bill making tax incentives for oil and gas production permanent.Governor Mary Fallin is expected to sign the…