Infographic: How Oil is Formed (Jones Oil)
Those of us who imagine that striking oil means drilling into a pool of liquid riches might be surprised to learn how wrong we are. Oil is not found in underground lakes, but dispersed through rocks like a sponge. The rocks must be broken to extract the oil, which looks like mud when it is […]
Infographic: Why oil prices fluctuate (Jones Oil)
Oil goes up, it goes down. Many people fail to engage, or have negative opinions, because they don’t understand what drives the price of oil, or how it affects the masses. As with all commodities, supply and demand plays a big part in oil prices. Oil peaked in 2008, but the subsequent global downturn saw […]