 |
Louisiana Light • 4 days | 71.82 | -0.55 | -0.76% | ||
|
Bonny Light • 1 day | 75.68 | +1.81 | +2.45% | ||
|
Opec Basket • 4 days | 74.60 | -1.28 | -1.69% | ||
|
Mars US • 14 hours | 71.66 | +3.20 | +4.67% | ||
|
Gasoline • 20 mins | 2.670 | -0.014 | -0.53% |
|
Bonny Light • 1 day | 75.68 | +1.81 | +2.45% | ||
|
Girassol • 1 day | 76.33 | +2.02 | +2.72% | ||
|
Opec Basket • 4 days | 74.60 | -1.28 | -1.69% |
|
Peace Sour • 6 hours | 67.06 | +3.55 | +5.59% | ||
|
Light Sour Blend • 6 hours | 68.36 | +3.55 | +5.48% | ||
|
Syncrude Sweet Premium • 6 hours | 77.31 | +3.55 | +4.81% | ||
|
Central Alberta • 6 hours | 66.66 | +3.55 | +5.63% |
|
Eagle Ford • 4 days | 65.74 | -0.70 | -1.05% | ||
|
Oklahoma Sweet • 4 days | 65.50 | -1.00 | -1.50% | ||
|
Kansas Common • 27 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 4 days | 75.42 | -1.20 | -1.57% |
Oil Falls Despite Large Draws In Fuel Inventories
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Is Chinese Demand Growth Now The Only Bullish Driver For Crude?
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Energy / Crude Oil
IEA Wrong to Expect Oil Production Growth to Come from MENA
Recently, the International Energy Agency’s Chief Economist Fatih Birol was quoted as saying, In the next 10 years, more than 90% of the growth in global oil production needs…
Peak Oil and the European Debt Crisis
With every passing day it is becoming more apparent that the crisis of the depletion of cheap oil has become deeply enmeshed in the European debt crises. The sequence of…
Oil Boom in the USA
The USA, largest consumer of oil and perhaps about fourth in production has entered an oil boom. Not only is it related to improvements in production technology, but U.S. demand…
Prosperity and Peak Oil: Salvaging Your Economic Future
It is with some trepidation that I prepare for a trip that includes an appearance before college students who generally find the idea of peak oil so disturbing that they…
Peak Oil and the Financial Crisis: Where do Oil Prices Fit In?
The Financial Times and Wall Street Journal have gone into full crisis mode with live blogs continuously reporting unfolding events. Equity markets are falling and London oil prices have been…
Peak Oil and the Recessionary Cycle
In the minds of many of those concerned about an imminent rendezvous with peak oil, the day the world slides past the all-time peak in oil production will be a…
Peak Oil Infographic – A Clear Picture of Where we Stand with Fossil Fuels
The below infographic takes an unbiased look at the current situation with peak oil, oil consumption and declining fossil fuel reserves.
Daniel Yergin and Oil Supply: Should we Really not Worry About Peak Oil
Saturday, September 17, the WSJ ran an essay by Daniel Yergin called, “There Will Be Oil.” In the essay, Yergin argues that the advocates of “peak oil” theory are…
The 10 Commandments - Guidelines to Surviving in a Post Peak Oil World
If they are not actually "commandments" they might as well be. The original set of 10 provided a simple set of rules for members of a small community to live…
German Army’s Peak Oil Report Predicts Rising Oil Prices, Another Recession and The Demise of Banks
In the last five or six years at least 20 major studies have been published by governmental and non-governmental organizations that either deal with or touch upon the possibility of…
Daniel Yergin and Peak Oil - Prophet or Mere Historian?
On 17 September The Wall Street Journal published a fascinating article on “peak oil,” “There Will Be Oil,” written by Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, an…
Peak Oil and the Unsustainable Growth in Oil Demand
The release of the International Energy Agency's Oil Market Report for September is a good time to review the status of our ongoing crisis, for the report updates the IEA's…
World Motor Vehicle Count Over 1 Billion - What Does This Mean for Peak Oil
Last month Wards Auto published a story pointing out that the world's motor vehicle count was now over 1 billion. As could be expected, registered vehicles in China grew by…
Sell Oil for a Stock Hedge
Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…
Brazil’s Rapidly Expanding Offshore Oil Industry
While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…
Libya’s Post Gadhaffi Future - Who gets the Oil?
Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to…
What Aren't we Being Told About Peak Oil
Peak Oil will be one of the defining events of this century. Forecasts by professionals in energy-related fields fall in a large range between 2006 and 2025+, with most forecasts…
Why a Limited Supply of Cheap Oil is Pushing us Into Another Recession
People wonder what has been happening recently, with wildly gyrating financial markets and government debt problems. It seems to me that we are bumping up against an economic growth ceiling,…
Peak Oil: Grim Reality or Conspiracy Myth?
“The era of cheap oil is over and will never come back… Conventional oil peaked in 2006,” - Fatih Birol, International Energy Agency Chief Economist, 25 May 2011 There…
The Loss of Oil Hegemony in the West
This author put out an article on dollar supremacy, Jesters, Economics and American Dollar Supremacy, which showed some weak correlations between oil prices and said dollar supremacy. The article…
