Why Experience Matters in Oilfield Factoring

When a business looks to partner with a factoring company, much of the focus is inevitably on the cost of the factoring program. This makes sense, a well-run business must account for where every dollar is going to make their operation as efficient as possible. However, though cost is a critical component of a factoring…

Is Shale Oil Poised to Crash the Market?

It’s been quite a stretch for the oil markets in recent months. After a protracted decline that left markets sagging and producers scrambling for solutions, crude prices have rallied sharply and reached heights not seen in several years. The rapid growth has been driven largely by cuts from OPEC, Russia and other prominent producers, aimed…

Stalled Oil Pipelines Receive Political Boost

As former President Barack Obama’s final term slowly approached its end, tensions at the Standing Rock Indian Reservation, in Nebraska and elsewhere remained at a low simmer. The administration had successfully blocked completion of both the Keystone XL and Dakota Access Pipeline, but the incoming Donald Trump administration had spent months making the oil infrastructure…

Finding Funding for Your Oilfield Venture

It’s no secret that the oil and gas industry can be a tremendous moneymaking opportunity, but breaking into the industry presents serious challenges. In particular, many industry neophytes struggle to attain the proper financing to get a project off the ground. For newcomers in search of oilfield financing, the last few years have brought mixed…

The Future of Oil Infrastructure

When word reached the frozen, snow-covered Standing Rock Indian Reservation that the Army Corps of Engineers had ruled against the Dakota Access Pipeline, the throngs of protesters erupted into cheers. However, it didn’t take long for the gathered crowds – a mingling of Native American tribe members and other supporters from across the country –…

Can OPEC Re-Balance the Oil Market?

The oil market has seen its share of volatility over the past several weeks, as uncertainty continues over the looming OPEC meeting on November 30. The meeting, set to take place in Vienna, is widely viewed as a critical step in reviving flagging oil prices and reassuring wavering traders. In the face of lingering questions…

The Complicated Relationship of Native Americans and Oil

Today professionals in the oil and gas industry often find their business proposals sparking intense debates within Native American tribes. Although tribal governments may welcome the additional revenues and jobs productive wells and pipelines bring, many Native Americans harbor lingering concerns about permanent impacts upon pristine landscapes. Those concerns are only bolstered by environmental groups…