
Faiz Salti and His Company, Florida Oil Corp, Make Inroads in Sarasota, Florida with the Purchase of a Gas Station
Founder, owner, and director of retail gasoline corporation Florida Oil Corp Faiz Salti made news in western Florida when he announced the company’s purchase of another gas station, this time in Sarasota. All More...

What Drives the Price of Oil? Industry Expert Alexandro Rovirosa Explains
As CEO of Roma Energy Holdings, Alexandro Rovirosa frequently manages client responses to volatile oil prices. While the law of supply and demand (low supply means high demands which in turn means higher prices More...

US adds sanctions to Venezuela’s oil, Russia and China speak out against the move
National Security Adviser John Bolton said President Nicolás Maduro and his allies could “no longer loot the assets of the Venezuelan people” as part of the announcement of increased sanctions against More...

Secretary of State Mike Pompeo Questioned by Chris Wallace for Going Easy on Iran Sanctions
On Sunday, Secretary of State Mike Pompeo appeared on “Fox News Sunday.” During the segment, host Chris Wallace took on Pompeo over the Trump administration’s upcoming sanctions on Iran, beginning More...

US tops 11.3 million barrels per day for a record high in August, becoming the ‘World’s largest oil producer’
Monthly U.S. oil production hit a record high in August, making the nation the world’s largest oil producer. New numbers from the federal Energy Information Administration show monthly production reached 11.3 More...

Five Things Likely to Get More Expensive in 2018
Today’s economy is a global economy. No longer to countries run independently from one another; markets are networked and connected like never before. A poor wheat crop in the U.S. can cause hunger and price hikes More...

Newsbusters: Media ‘reluctant’ to call collapsing Venezuela ‘socialist’
Media watchdog Newsbusters took aim at the press over their avoidance of the “S-word”: socialism. “As Venezuela plunges deeper into humanitarian crisis, the broadcast and cable networks barely More...

Will Tax Breaks Really Help to Bring Business Back to the US?
The biggest question on everybody’s mind is how an overhaul of the corporate tax structure could positively impact the US economy. The National Economic Council is one of the most important bodies used for reviewing More...

Tailings lakes a basic piece of oil sands heritage
Greatest solids, by and large sand, sink to the base. The liquid that is left isolates into an aquatic top to finish everything and the staying experienced fine tailings underneath. The put away water is profitable. More...

5 Common Problems The Manufacturing Industries Are Facing: And Ways Recent Advancements May Help Mitigate Them
The manufacturing industries, ranging from the providers of top class tech tools and gadgets, to the providers of our daily household items, are key facilitators of the numerous advancements our digital age is currently More...

Recovery Prospects Expected For The Oil Industry In 2017
In November, 2016, OPEC members and Russia decided to cut a total of 1.758 million b/d, marking the largest production cut meant to speed up global oil market rebalancing. Brent crude oil prices then sharply rose. More...

President Trump signs Executive Orders to clear Dakota Access, Keystone Pipeline to move forward, critics angry
President Trump signed executive orders Tuesday clearing the way for the Dakota Access and Keystone XL oil pipelines to move forward. Critics wasted no time to speak against the move. Trump also signed an executive More...

Crude Oil Price Forecast: What to Expect by the End of the Year
Fluctuations in the price of crude oil have always affected the economic and financial status of countries around the world. High crude price has led to a positive economic outlook for oil exporters. On the other More...

Petroleum Fuels America
Where would the USA be without petroleum? Ever since it was discovered, petroleum has been responsible for keeping the economy chugging along, thanks to petroleum distribution companies like Petroleum Wholesale. More...

TRANSCRIPT: Donald Trump’s economic, tax plan speech in Detroit
In a speech in Detroit, Trump laid out his tax plan. Donald Trump gave a major economic speech on Monday at the Detroit Economic Club. He outlined his tax plan, including how he’d cut corporate taxes. Below you More...

Global Oil Execs Predict Steady Rise in Crude Prices during Balance of 2016
During a recent speech at the Economic Club of Washington D.C., BP chief executive Bob Dudley echoed the sentiments of other global oil leaders, predicting that the crude oil prices which have been sitting at historic More...

New Data Generates Robust Petroleum Rally
On Wednesday April 6, the Energy Information Administration released its estimate of petroleum inventories and to the surprise of most in the market, they reported a large draw of crude oil. The draw cannot be completely More...

Oil levels down as the prices soar
The severe drop in the oil prices at the end of 2015 which continued into the mid of January 2016 caused the Gulf economies to panic. The investors were worried about their investments in the oil companies. The More...

From Fuel to Engine: Gas Vs. Diesel
We all know that there is a distinction between a gas and a diesel engine, but when it comes to knowing what the basic differences are and which is the best choice for your car or generator, that question is not More...

Oil Field Fails: Measures Underway to Keep Rig Workers Safe
Working in the oil and gas industry, mining, and other industries is dangerous. There’s just no two ways about it. Some jobs are inherently unsafe. Working on a rig in the middle of the ocean exposes workers to More...