Ener News

Studies Show U.S. Offshore’s Untapped Potential

While short-term news emanating from the global energy sector was universally negative in the waning months of 2014 as the price per barrel continued to plummet below $60, the inevitable truth of oil & gas is that prices will rise again, and the long-term picture for this extinguishable natural resource is decidedly bullish. The oil and gas industry is very well accustomed to hard cyclical markets, markets that are defined not only by supply and demand but increasingly by hard-to-predict forces of politics and international gamesmanship.