Global conventional oil and gas discoveries already exceed eight billion barrels of oil equivalent (boe) and are projected to settle at around ten billion boe by the end of the year, according to a new Rystad Energy analysis. About 3.75 billion boe, or 46 percent of total discovered volumes, are gas, while liquid volumes are
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As the U.S. and the world fight to stem the spread of the COVID-19 virus, working from home is quickly becoming the new normal, and our energy pipelines are at the forefront of making that possible and helping us to get through this crisis. Let’s look at four ways pipelines keep your workflow going strong.
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About 50 percent of the oil we use goes into making gasoline; in fact, about 70 percent is used for transportation in general. Surprisingly, though, oil and its byproducts also go into making a whole host of other products that you likely use daily. Chewing Gum Ever wonder where that soft, chewy quality comes from?
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The U.S. has over 2.5 million miles of pipelines crisscrossing the country. As existing lines grow older, critics warn that the risk of accidents could increase. Many pipelines transport petroleum products and natural gas, and some pipelines transport other hazardous products such as chemicals, highly volatile liquids, anhydrous ammonia, or carbon dioxide. Exposure to these
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The holidays are an exciting time: from visiting family to finding perfect gifts, oil and natural gas products help to make these holiday traditions possible. Holiday Travel Last year, about 384.74 million gallons of gasoline were consumed every day. With many people heading home to be with family over the holidays, gasoline fuels the trips
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Inside a Barrel of Crude Oil Many people think of crude oil as a thick, black liquid that is used for gasoline. The reality is that each barrel of oil is refined to be used in a variety of applications that include fuel, cosmetics, plastics, rubber, and candle wax. What is crude oil and what
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Oil shows up in thousands of places besides your car’s fuel tank and engine. The average barrel of oil yields the following: gasoline (42%), diesel (20%), jet fuel (9%), heating oil (4.5%), heavy fuel oil (4.5%), liquefied petroleum gases (4.5%) and other products (16%). So, how does this impact you? Throughout Your Home Look in
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