What Are The Worlds Largest Oil Reserves?
Below is a great map by country detailing the worlds largest oil reserves, which are the amount of oil that…
Category: Industry
What Does A Barrel Of Oil And Whiskey Have In Common?
Why are there 42 gallons to a barrel of oil? Doesn't 42 gallons seem like a strange number when 55…
Drilling For The Same Oil Continents Away
Today in the arena of oil exploration companies are facing new geopolitical circumstances with the incredible knowledge that because of…
The Cyclical Nature Of Oil Prices
Here is a summary of a great article, “The Oil and Gold Boom Are Over,” from Bloomberg about the cyclical…
What Products Are Produced From a Barrel Of Crude Oil?
Have you ever wondered what a barrel of crude oil can produce? A barrel contains a total of 42 gallons…
Interactive Map of World Oil Consumption
The U.S. Energy Information Administration (EIA) has an interactive world map that provides oil consumption data by country, region, and…
The State of American Energy
The American Petroleum Institue (API) is a trade organization with 500 members that makes up the vast majority of the…
Petroleum Based Ink: Crude In Your Pen?
Petroleum was once included in ink and was both fast drying and dependable. Changing oil prices and regulations pushed manufacturers…
WTI Oil Rises to One-Month High on Cyprus
If you're interested in how the debt crisis in Cyprus affected crude prices globally then read this article from Bloomberg…
The Birth of The Petroleum Industry Happend In The USA
Petroleum's full potential was not seriously explored until the mid 19th century, but Native American's were aware of oil seeps…