Craig Balzer

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5 reasons why oil could be headed higher

<b>Take takeaways</b><p>Investors should expect to see higher oil prices in the medium to long term as inventories are reduced.<br>• Among the primary reasons for higher prices: Major oil producers just agreed to extend production cuts, in part because many petro-states are growing more fragile; improving global …

The Oil And Gas Situation: The Rigs Just Keep On Coming

Some thoughts on the domestic oil and gas situation as we move into April…<p><b>The rigs just keep on coming…:</b> The industry activated more than 70 additional drilling rigs during the month of March, bringing the total new rigs activated during the first quarter of 2017 to more than 200. My “bold” …

One Secret of Successful People I Just Finally Adopted

Improve your image and build confidence by dressing one level up.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Whenever I wear a button-down shirt to the office, someone asks, “Jerry, do you have an important meeting today?”<p>It's a fair question. My wardrobe reflects where I've been …

Self-driving trucks will soon haul cargo between shipping terminals in Singapore

Singapore’s shipping ports are already among the busiest and most efficient in the world. Now the city-state is exploring a new way to make them run even better: convoys of driverless trucks operating between terminals. The idea is that a lead truck will be driven by a human, with the follower …

Saudi Arabia is pulling off a rare feat for a major oil producer

OPEC and key non-OPEC members agreed in November to cut production by 1.2 million barrels per day to reduce the global oversupply. According to The Wall Street Journal, the kingdom has cut its production by at least 486,000 barrels per day to 10.058 million.<p>History shows that this kind of …

U.S. Likely To Become Net Exporter Of Energy, Says Federal Forecast

The U.S. could become a net exporter of energy in coming years, according to the federal government's <i>Annual Energy Outlook 2017</i>. This continues a trend the Energy Information Administration has highlighted before in its annual report.<p>The EIA projects the country will continue to import oil through …

Fossil Fuels