• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 9 mins So Is COVID a Media Hoax or Not?
  • 1 hour Joe Biden's Presidency
  • 5 hours Biden suspends oil and gas drilling on Federal Lands for 60 days for review.
  • 11 hours JACK MA versus Xi Jinping
  • 6 hours a In 2020, we produced and delivered half a million cars.
  • 17 hours GENERAL NORMAN SCHWARZKOPF: The Third Tour
  • 8 hours Parler’s New Partner Has Ties to the Russian Government
  • 15 hours Thanks to food countersanctiona after 2014 Russia become net exporter of food
  • 6 hours Did I Miss Something?
  • 10 hours The Debate Starts : Remake Republican Party vs. Third Party
  • 11 hours Deceptions Revealed about the “Nord Stream 2 Pipeline” and Germany
  • 19 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 137 days Wind, Solar & Gas in California. How's that working out for you?
  • 1 day Navalny Poisoning Weakens Russo German Relations

Drones To Clean Up The Energy Industry

Introduction

Unmanned aerial systems (UAS), or drones, have revolutionized warfare, allowing airstrikes from an undetected position and removing soldiers from danger. The U.S. has rapidly deployed drones in its wars in Iraq, Afghanistan, and beyond.

But the use of drones for commercial purposes is in its early days.

On February 23, the Federal Aviation Administration (FAA) proposed new rules that would allow the use of drones in the commercial airspace. Several major businesses – Amazon, most notably – have pushed for the use of drones for commercial activity, raising eyebrows along with questions over safety. Up until now, the federal government has allowed small drones for recreational purposes, but has kept them off limits for business. But spurred on by a Congressional mandate to begin allowing drones to penetrate the commercial airspace, the FAA just cracked opened the door to a massive new opportunity for oil and gas companies.

If finalized, the FAA rules would allow commercial operators to use drones without a pilot’s license. The rules would also open up the use of drones beyond the several testing sights that they are currently limited to. The ramifications are unclear, but the FAA proposal could be a watershed moment for the nascent commercial drone industry.

A study by the Association of Unmanned Vehicle Systems International found that the commercial market for drones could reach $13.6 billion within the first three…




Oilprice - The No. 1 Source for Oil & Energy News