Aresco's Latest News & Articles

Depletion Allowance for Oil and Gas Overview

The depletion allowance is a tax provision in the United States designed …

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Who Were the Top Oil Producing Countries in 2022?

As of 2022, the global demand for oil remains high despite the …

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What determines crude oil prices?

Ask any U.S. citizen what they notice first as they are driving …

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Meeting Global Oil Demand Despite Hurricane Harvey

The International Energy Agency (IEA) reported a sharp increase in the demand …

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US a Net Exporter of Oil by 2023 Says S&P Global Platts

The PIRA Energy Group predicts the U.S. will be a net exporter …

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Texas Drilling Permits Up Sharply in 2017 Vs. 2016

Good news for Texas oil investors as Texas drilling permits rise sharply …

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US Oil Production Could Hit 48-year High in 2018

As a result of expected OPEC production cuts, U.S. crude oil production …

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U.S. Oil Exports on the Rise

Times are changing due to the lifting of the U.S. oil export …

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U.S. Shale Toughs Out OPEC Price Blows

Is the U.S. shale revolution finally succumbing to OPEC’s output-generated price slump? …

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Will OPEC-Fueled Price War Spell Permian Extinction? Not a Chance

Much has been made of the recent per barrel crude oil price …

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