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PetroStrategies, Inc.
PO Box 260415
Plano, Texas 75026-0415
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Copyright 2000
PetroStrategies, Inc.
All Rights Reserved

Welcome to PetroStrategies

This site is dedicated to
the oil and gas industry

Our goal is to provide information on the economics, processes and driving forces in the oil and gas industry for consumers, industry professionals and students.

We welcome your comments and suggestions.


What's New


In the News

Iraq violence threatens OPEC's precarious balance. The upheaval in Iraq could throw the world's oil market out of balance and cause oil prices to soar. Iraqi oil production is at risk because of the outbreak of violence involving militant groups who seized two cities this week and have pledged to march on Baghdad. - 6/17/14

Russia cuts gas supply to Ukraine as tensions soar. Russia halted natural gas deliveries to Ukraine on Monday, spurning Ukraine's offer to pay some of its multi-billion dollar gas debt and demanding upfront payments for future supplies. - 6/17/14

Interesting article about the impact of the political turmoil in the Ukraine. Ukraine: The Real Energy Crisis Starts in June - 5/27/14

"Natural Gas supplies in North America will tighten up somewhat in the next few years," according to Davis Swan of PennEnergy. This forecast is in contrast to the EIA projection of "modest" price increases. Read the article. - 5/26/14

Check out Eagle Ford Shale News, a new resource available from Oil & Gas Journal

California Oil Shale Bubble Just Burst - The EIA  has downgraded its estimate of the total amount of recoverable oil in the Monterey Shale by 96% from 13.7 billion barrels to 600 million barrels. - 5/22/14
US legislators call for sanctions against Gazprom. See Why Hasn't the US Gone After Gazprom? - 5/6/14

BP remains optimistic about America's energy renaissance. 5/5/14

Crude oil rail shipments remain concern after crude oil train derails near Lynchburg, VA. - 5/1/14

Bakken field produces first billion barrels of oil. - 4/29/14

Osaka Gas may invest in US shale development. Company has agreed to buy 2.2 million tons of LNG per year from Freeport LNG for next 20 years. - 4/21/14

Ten exploration companies making waves in the Gulf of Mexico. See slideshow. - 4/17/14

ConocoPhillips has been approved to export 40 billion cubic feet of LNG from the Nikiski plant on Alaska's Kenai Peninsula. - 4/15/14

OPEC crude oil production falls in March to 29.65 MMBPD, the lowest level since mid-2011. The total drop was 550,000 b/d and three countries - Iraq, Saudi Arabia and Libya - account for 440,000 barrels of the decrease. - 4/14/14

Responding to a series of fiery train derailments, federal regulators said Wednesday they will propose that trains carrying crude oil should have at least two-man crews and requirements aimed at preventing parked train cars from coming loose and causing an accident like one in July that killed 47 people. - 4/9/14


PetroStrategies Developments

Fundamentals of the Petroleum Industry - July 28-29, 2014 - Denver, CO - Instructor: Allen Mesch

Downstream Industry 101 - July 31-August 1, 2014 - Denver, CO - Instructor: Allen Mesch

Analysis of gasoline prices in rising and falling crude oil price markets reveals minimum difference. See comments.

  Please click on the link to learn more.

Copyright 2000 PetroStrategies, Inc. All Rights Reserved