Category Archives: Oil Industry

Texas Doubles Oil Production in Last 3 Years

Seven year ago (seven?!) when I started writing this blog, I would have never believed that a chart like this would be possible: For 25 straight months, the state’s oil production rate has increased by more than 25 percent year-over-year, notes economist Mark J. Perry, a professor at the University of Michigan’s School of Management. […] Continue reading

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Who Else Is Feeling Gas Pains?

We’re very happy today to get referenced in a Yahoo Finance post about the winners and losers in the run up on gas prices: The efficiency complex. When push comes to shove, Americans are really good at figuring out how to do more with less, and how to get more for their money — and […] Continue reading

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Video: Probably shocked by the gas prices…

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AAA Finds That Despite Low Demand, Oil Prices Are Keeping Gas Prices High

Source: Automotive Fleet Overall, gasoline demand was reported at a little more than 8 million barrels per day, which AAA said is a 400,000-barrel-per-day year-over-year decline and at the lowest level since 2003, according to a recent U.S. Department of Energy report. Despite ample supply and low demand for gasoline, though, the national average for […] Continue reading

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