Energy Consulting Services

It is predicted that oilproduction in the United States could reach 10.8 million barrels per day by 2019. At a present capacity of 10.3 millions, this is 500,000 more barrels a day than the country is currently producing and represents an amount that could put the nation in first place, above Saudi Arabia and Russia with regards to oil production. This forecast has been made by the U.S Department of Energy. On top of this, the Energy Information Administration (EIA) expects that this output will eventually hit 11 million barrels a day by the end of 2019. This will be an unprecedented high for the country. The U.S looks likely to lead the way for non-OPEC production, which is anticipated to carry on growing all the way through to the end of 2019. This will be accompanied by a number of new oil sands projects up in Canada. But Russia is not going to be easy to beat, as it was recorded to be churning out 11 million barrels per day in 2017. Meanwhile, Saudi Arabia, one of the m...

It is unclear when the transportation revolution will hit full tilt but one thing that can be predicted with reasonable certainty is that it will happen. Traditional cars, meaning those with a pistol-driven engine, are not going out of fashion. They continue to be sold steadily around the world. But, the emergence of peer to peer taxi apps, such as Uber and Lyft, as well as the increase in production of electric cars signal that something new is on the horizon. This theory is backed up by the development of driverless cars. In essence, the future looks autonomous, shared, connected and electric. This development comes with two big benefits. The first will be regarding the environment and how electric cars will have a positive impact on plans for a green future. The second is that companies who stand at the forefront of these transportation developments are going to make some serious money. We’re talking in the trillions of dollars. Researchers and private industries are pairing ...