 |
Louisiana Light • 1 day | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 172 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.708 | +0.023 | +0.84% |
|
Bonny Light • 1 day | 88.20 | -0.49 | -0.55% | ||
|
Girassol • 1 day | 88.64 | -0.56 | -0.63% | ||
|
Opec Basket • 1 day | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 9 hours | 75.10 | -0.32 | -0.42% | ||
|
Light Sour Blend • 9 hours | 78.15 | -0.32 | -0.41% | ||
|
Syncrude Sweet Premium • 9 hours | 85.10 | -0.32 | -0.37% | ||
|
Central Alberta • 9 hours | 75.50 | -0.32 | -0.42% |
|
Eagle Ford • 1 day | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 4 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 1 day | 73.00 | -0.50 | -0.68% | ||
|
Buena Vista • 4 days | 87.31 | +0.41 | +0.47% |
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Energy / Crude Oil
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This past week was supposedly the week of the game changer in the world of oil. Leaked U.S. diplomatic cables from Saudi Arabia called into question the ability of the…
Peak Oil: Low Quality is What is Killing Us, Not Low Quantity
The Peak Oil argument focuses on the question “How much oil?” We spend a lot of time discussing the exact inputs for Hubbert Linearization and projections of Ultimate Recoverable Reserves,…
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Tullow Oil (LON:TLW) , the FTSE 100 oil and gas giant has made a new hydrocarbon discovery with the first well on its 2011 multi-well exploration campaign in the West…
How is an oil shortage like a missing cup of flour?
If I bake a batch of cookies and the recipe calls for two cups of flour, but I have only one, it is pretty clear that I can’t bake a…
Alternative Energy, Fossil Fuels and the Importance of Middle East Oil
Below are a series of charts that take a look at the current situation of alternative energy, oil and other fossil fuels and the importance of Middle Eastern Oil Supplies:…
Is Peak Oil Slipping Backwards to the Year 2060 and Beyond?
“The estimates for how much oil there is in the world continue to increase,” according to William M Colton, Exxon Mobil’s vice president for corporate strategic planning. “There’s enough oil…
Exxon’s Hunt for Oil in the Black Sea
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Change is on the way in the Arab world, with Egypt the latest focal point. Here I review recent events and their implications for world oil markets.
Model, Model: Who’s Got an Oil Market Model
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Extreme Offshore: The Hunt for Hard to Find Crude
Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve…
Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production
While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…
Preparing for Life in a Peak Oil World
We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…
Generating More Fuel from Less Crude Oil
The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…
Dramatic Shift in the Peak Oil Debate
If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"…
Peak Oil and Limits of the Hubbert Model
The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level…
2010 Crude Oil: 50 Billion Barrels Discovered, 30 Billion Barrels Used
With the price of oil hovering above $70 a barrel for over a year -- and around $90 a barrel for several weeks -- oil exploration companies can get to…
Venezuela’s Oil Industry Hurting Despite Huge Reserves
Jorge Pinon, an energy expert at Florida International University in Miami, said that Venezuela's state oil company has suffered from a lack of adequate technology and investment, hurting oil output…
Oil Shale Mining and Research Picking Up Steam
Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…
Declining Crude Oil Production and Incorrect Energy Data
The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…
