Understanding the oil industry isn’t exactly easy–for starters, nobody even knows exactly how much oil is actually underground. The oil market ebbs and flows and is probably far more complicated than the...
The American Petroleum Institue (API) is a trade organization with 500 members that makes up the vast majority of the petroleum industry in the USA. The API releases a yearly report entitled “The State of American...
The oil market is global and far-reaching. Often political events, economic turmoil, and natural disasters far from our everyday lives have a substantial impact on oil prices at home and translate to our pocketbooks at...