Vaughn Energy Services sees prospects for oil-price relief

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Vaughn Energy Services sees prospects for oil-price relief

Posted On : Mar-12-2011 | seen (742) times | Article Word Count : 563 |

Promoting North American oil and natural gas exploration, and increasing production from America's oil fields, Vaughn Energy contributes to breaking the United States' dependence on imported oil. With headquarters in Robstown, Texas, the heart of oil country, Vaughn Energy Services keeps its finger on the industry's pulse. Like other industry analysts, the professionals at Vaughn Energy recognize the urgency of boosting domestic oil and natural gas production for the sake of reducing imports.

On January 16, 2009, a barrel of crude oil cost approximately $37,00, and low oil costs helped revive the struggling American economy. On March 4, 2011, barely twenty-five months later, unrest in the Middle East drove the price of oil to more than $104.00 per barrel, triggering widespread concern about prospects for continuing recovery in the United States and throughout the industrialized world. Industry analysts stress that every one-cent increase in the price of a gallon of gasoline takes more than $4 million from consumers' wallets, and increases in fuel prices raise the cost of almost all consumer products—especially food. Moreover, rapid run-up in oil prices has dramatic effects on consumer confidence, prompting families to postpone purchases of big-ticket items that would bolster manufacturing. At Vaughn Energy Services, the staff agrees with the most respected industry analysts who advise against opening the Strategic Oil Reserves, but they strongly support sharp increases in domestic production.

Respect for the environment. Faith in engineering.

The Deepwater Horizon catastrophe demonstrated both the risks of drilling in sensitive ecosystems and the power of sophisticated drilling technology put to proper use. The fault lies neither with technology nor with drilling techniques but with oil profiteers who neglect both common sense and safety in the interest of generating a few more pennies on the dollar. Even acknowledging Deepwater Horizon's environmental devastation, veteran oil men nevertheless emphasize how the precision with which engineers and operators constructed the relief well for the broken off-shore rig clearly and compellingly demonstrated the oil industry's capacity for sophisticated, precise, responsible drilling. A leader not only in surveying services but also in technical innovation, Vaughn Energy Services stands by its long-standing commitment to exploration and drilling with consummate respect for nature.

Experience demonstrates that environmentally conscious producers can extract oil and natural gas from deep in the earth without harm to delicate foliage and wildlife on the surface. Whereas experts generally agree to the wisdom of the moratorium on drilling in the Gulf of Mexico, and they understand the motives behind the long-standing ban on drilling in the Arctic National Wildlife Refuge, nevertheless exigent economic conditions and major advances in drilling techniques and technology justify lifting the bans. One comparison effectively makes the case: Unrest in the Middle East has driven the steep 2011 increase in oil prices, but the biggest Middle Eastern producers contribute less than 14% of the U.S. oil supply. Libya alone accounts for less than 1% of America's supply. Production from the Gulf Coast, on the other hand, supplies approximately 32% of America's oil. Therefore, restoring production in the Gulf would more than compensate for disruptions in the Middle Eastern supply chain.

With advanced directional surveys and surveying services plus state-of-the-art drilling equipment, Vaughn Energy Services stands ready to lead American energy initiatives for safe and responsible oil and natural gas production throughout the United States and all of North and Central America.

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<h1>Vaughn Energy Services sees prospects for oil-price relief</h1> Author: <a href='http://www.articleseen.com/profile_Bernal Carmen.aspx'>Bernal Carmen</a> Promoting North American oil and natural gas exploration, and increasing production from America's oil fields, Vaughn Energy contributes to breaking the United States' dependence on imported oil. With headquarters in Robstown, Texas, the heart of oil country, Vaughn Energy Services keeps its finger on the industry's pulse. Like other industry analysts, the professionals at Vaughn Energy recognize the urgency of boosting domestic oil and natural gas production for the sake of reducing imports.

On January 16, 2009, a barrel of crude oil cost approximately $37,00, and low oil costs helped revive the struggling American economy. On March 4, 2011, barely twenty-five months later, unrest in the Middle East drove the price of oil to more than $104.00 per barrel, triggering widespread concern about prospects for continuing recovery in the United States and throughout the industrialized world. Industry analysts stress that every one-cent increase in the price of a gallon of gasoline takes more than $4 million from consumers' wallets, and increases in fuel prices raise the cost of almost all consumer products—especially food. Moreover, rapid run-up in oil prices has dramatic effects on consumer confidence, prompting families to postpone purchases of big-ticket items that would bolster manufacturing. At Vaughn Energy Services, the staff agrees with the most respected industry analysts who advise against opening the Strategic Oil Reserves, but they strongly support sharp increases in domestic production.

Respect for the environment. Faith in engineering.

The Deepwater Horizon catastrophe demonstrated both the risks of drilling in sensitive ecosystems and the power of sophisticated drilling technology put to proper use. The fault lies neither with technology nor with drilling techniques but with oil profiteers who neglect both common sense and safety in the interest of generating a few more pennies on the dollar. Even acknowledging Deepwater Horizon's environmental devastation, veteran oil men nevertheless emphasize how the precision with which engineers and operators constructed the relief well for the broken off-shore rig clearly and compellingly demonstrated the oil industry's capacity for sophisticated, precise, responsible drilling. A leader not only in surveying services but also in technical innovation, Vaughn Energy Services stands by its long-standing commitment to exploration and drilling with consummate respect for nature.

Experience demonstrates that environmentally conscious producers can extract oil and natural gas from deep in the earth without harm to delicate foliage and wildlife on the surface. Whereas experts generally agree to the wisdom of the moratorium on drilling in the Gulf of Mexico, and they understand the motives behind the long-standing ban on drilling in the Arctic National Wildlife Refuge, nevertheless exigent economic conditions and major advances in drilling techniques and technology justify lifting the bans. One comparison effectively makes the case: Unrest in the Middle East has driven the steep 2011 increase in oil prices, but the biggest Middle Eastern producers contribute less than 14% of the U.S. oil supply. Libya alone accounts for less than 1% of America's supply. Production from the Gulf Coast, on the other hand, supplies approximately 32% of America's oil. Therefore, restoring production in the Gulf would more than compensate for disruptions in the Middle Eastern supply chain.

With advanced directional surveys and surveying services plus state-of-the-art drilling equipment, Vaughn Energy Services stands ready to lead American energy initiatives for safe and responsible oil and natural gas production throughout the United States and all of North and Central America.About the Author: Vaughn <a rel="nofollow" href="http://www.vaughnenergy.com">Energy Services</a> is an innovator in the oil and gas industry providing many essential and ancillary tools needed for energy exploration in North and South Americas. Headquartered in Texas, Vaughn Energy Services offers a number of directional surveys and wireline services including equipment rentals for wellbore navigation. Call us at 800-606-4976 for rental rates.

The tools Vaughn Energy Services offers for rental include:

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Article Source : http://www.articleseen.com/Article_Vaughn Energy Services sees prospects for oil-price relief_55686.aspx

Author Resource :
Vaughn Energy Services is an innovator in the oil and gas industry providing many essential and ancillary tools needed for energy exploration in North and South Americas. Headquartered in Texas, Vaughn Energy Services offers a number of directional surveys and wireline services including equipment rentals for wellbore navigation. Call us at 800-606-4976 for rental rates.

The tools Vaughn Energy Services offers for rental include:

*Electric line t

Keywords : energy services, oil, gas, vaughnenergy.com, directional surveys, wireline, gyro technology, gyros,

Category : Business : Business

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