Articles by tag: oil & Gas
U.S. oil auctions are back…sort of. In a significant move since the passage of President Joe Biden’s landmark climate change law, the U.S. held its first sale of oil and gas drilling rights on federal lands in late May, attracting over $78 million in high bids. This auction of 19 parcels in New Mexico,…
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Is A Diesel Shortage Creating Double the Pressure on Short-Staffed Truckers?
The diesel shortage continues making life difficult for the supply chain. Diesel prices are reaching all-time highs over gas & oil, according to the Wall Street Journal, with reporting of depleted stockpiles and limited replenishing refining capacity keeping those prices high. Premiums of diesel over gasoline have hit new records of $1.60 per gallon,…
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Fuel Prices to Remain High as Drive Season Looms
Key Insights US oil supply has steadily decreased since May 2021. The US oil supply has experienced an unprecedented decline. Oil prices continue to increase for the 2022 driving season. The great oil crunch that the US is experiencing does not show any slowing signs. The inventory has been steadily tightening since April 2020. The…
Energy
Crafting A Profitable ESG Message & Strategy
Environmental, social and governance (ESG) strategies are an essential metric for companies across industries to build not only equitable companies, but ones that are more attractive to investors, partners, and stakeholders. In this episode of E2B, Amy Stutzman, Managing Director, and Reid Brooks, Director, in Opportune LLP’s Complex Financial Reporting practice, share their insights on…
Energy
“The World Will Be Using More Oil & Gas in 20 Years” says Chevron CEO
Chevron Chairman & Chief Executive Officer Mike Wirth said that the world will use more oil and gas in 10, 20 years. Wirth said that they want to incrementally improve understanding of new technologies and that the company will be methodical in doing so. Wirth spoke with Bloomberg’s Alix Steel. Watch or read the interview…
Energy
The Modern Day Gold Rush in the Permian Basin
The recent discovery of a massive reservoir of oil in the Permian Basin has led to a modern-day gold rush. The discovery in West Texas helped the United States briefly become a net-exporter of oil for the first time in decades. Although that status may have been short-lived, the boom has brought jobs and…
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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…