How Will Gavin Newsom Manage CA’s Energy Sector - On January 7th, 2019, Jerry Brown stepped aside to hand over the reigns to a new governor elect for the state of California – Gavin Newsom. Newsom, a member of the Democratic party, previously served as the lieutenant governor of California under Brown...
Leer en EspañolChina Recently Placed 25% Oil Tariffs on U.S. Oil Products In response the the $16 billion in tariffs that President Donald Trump placed on Chinese imports, the People’s Republic is responding with a 25% tariff to be placed on U.S. goods – most notably, oil tariffs. Despite talks between U.S.... Read More +
Multiple Factors Contribute to Fluctuations In general, economic markets rise and fall like the tides. Sometimes spiking quickly, sometimes slowly rolling over long periods of time. The crude oil market is no different. Throughout the past five decades, oil availability has ebbed and flowed. This is often the result of... Read More +
As Disruptive Technologies Such as Electric Vehicles Enter the Mainstream Market, Scientists and Economists Speculate on the Pending Challenges That Oil and Gas Face In an essay written by scientist, inventor and entrepreneur, Seth Miller, in his blog focused on “science, technology, and navigating an uncertain future,” Miller proposes a... Read More +
A $0.01 Increase on Motor Oil in the State of California As of January 1, 2018, the California Motor Oil Fee increase from $0.04/gallon to $0.05/gallon, raising the state Motor Oil Fee to a total of $0.29/gallon from $0.28/gallon. The tax increase will affect motor oil dealers who produce, sell... Read More +
How the Petroleum Industry is Moving in the Direction of Increased Consolidation You’re most likely familiar with the terms merger, consolidation and corporate take-overs. A financial situation is considered a merger when two or more corporations combine to form a single corporation, whereby one corporation is absorbed into the other.... Read More +
You’ve heard it a million times, but have you ever truly considered the reality that fossil fuels are in fact derived from fossils? Fossilized plants and animals, to be exact, and contrary to popular belief, not from the fossilized remains of dinosaurs. Geologists and scientists within the petroleum industry... Read More +
