September 2019

At present, the oil industry is worth $1.7 trillion and the United States is home to over 9,000 independent oil companies. But while many people associate the oil industry with big bucks, this isn’t always the reality for these independent producers. In fact, shortages of capital and cash flow problems can stop you in your […]

The oil industry is one of the biggest in the world. Globally, it pulls in $1.7 trillion worth of revenue every year. And the US contributes a lot to this industry. There are nearly 1 million oil or gas well across the country. As well as some huge corporations, there are roughly 9,000 independent American

Did you know that the most productive oil field in the world is right here in the USA? The Permian basin has reached a peak of 4.2 million barrels per day. Experts say it will continue to be productive for years to come. This shows that homegrown oil and gas is a very viable business

If you are looking for capital for oil companies, you need to do your research understanding that the average oil consumption in the United States is 20 million barrels per day. This drastically compares with oil production, with the United States producing approximately 6.5 million barrels per day daily. Further, oil consumption in 2018 in