 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 13 mins | 2.777 | +0.019 | +0.70% |
|
Bonny Light • 1 day | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 1 day | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 50 mins | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 50 mins | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 50 mins | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 50 mins | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 1 day | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
U.S. Oil and Gas Boom Poses Challenge to Climate Goals
Despite renewable energy efforts, the…
Oil Moves Higher on Inventory Draw
Crude oil prices ticked higher…
Energy / Crude Oil
Respected Oil Analyst Forecasts Peak Oil by 2017
Respected oil analyst and oil industry veteran Charles Maxwell (nicknamed the “Dean of Oil Analysts”) has forecast peak oil by 2017 or 2018: Bracing For Peak Oil Production By…
Gap Oil, Not Peak Oil is the Problem
Rising demand for oil will exceed the quantity of it that can be withdrawn from the earth, resulting in a supply-demand gap. Once production does peak the gap will be…
Buy Russia When Oil is Cheap
If you wonder why I recommend a shower after investing in Russia, Bill Browder will give you the reasons at length on his YouTube video (see below video). Bill is…
A Look at the Peak Oil Belief – Is the End Really Near
Until we explore the entire planet as carefully as we did Oklahoma and Texas, our assessment of global oil reserves will have plenty of room for surprises. _Vaclav Smil Deeply…
Leaked German Military Study Warns of Peak Oil Crisis
This week a study on peak oil by a German military think tank was leaked on the Internet. The document shows that the German government is closely studying the issue…
A Boom in Oil Drilling Thanks To Natural Gas
The horizontal drilling and fracturing techniques that press’s favorite devil Halliburton pioneered to trigger the natural gas boom are the same technologies spurring a Canadian and U.S. oil drilling boom.…
Some Aspects of Iraq and Oil
Recently the Swedish Oil and Gas Network graciously invited me to attend one of their seminars, and perhaps share with guests from abroad some of my thoughts on Iraqi oil,…
Why We Need Six New Saudi Arabias
I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the…
They Died Before the Oil Ran Out
There is an open secret in the oil industry that dare not speak its name: peak oil. Well, two did speak its name and gained no acclaim for it. One,…
Only a Small Fraction of Earth’s Oil has Been Found
Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…
Huge Jump in US Crude Oil Imports
U.S. crude oil imports. Huge jump in the week ended July 23, with total imports up to 11.15 million barrels daily. This is the highest weekly level of oil imports…
Is Matt Simmons Credible?
I am going to address a touchy subject in this essay, but I simply can’t ignore it any longer. I have noticed that a lot of people are finding my…
Rising Demand in OPEC Countries Causes Oil Importers Concern
OPEC tells us it has lots of spare capacity, but how much should we believe them? Even when prices were much higher than they are now, back in 2008, they…
Shale Oil’s Place in our Energy Future
Chinese researchers have identified a catalyst called NiMoW, for the hydrotreating of the refined diesel distillate fraction from the Fushun shale oil deposit. Shale oil has high levels of nitrogen,…
What Most Peak Oil Believers are Failing to Consider
A lot of otherwise normal, well-functioning persons are firm believers in the idea that global oil production has irrevocably peaked -- or is soon to peak irrevocably. Whether such a…
Lloyd’s Research Paper Warns of Peak Oil Crunch
The Lloyd’s insurance market in London added its voice to those warning about dependence on oil with the release of a research paper that predicted a supply crunch and price…
Crude Oil Awaiting Guidance
Crude oil is starting the new week on a down note as economic worries continue to dictate near-term price direction. Last week oil lost an enormous 8.6% after double dip…
A Downshift in US and Chinese Growth Marks a Critical Break for Crude
Is the global economy facing a double dip recession and a new financial crisis? That is the concern that made the capital markets swoon Thursday. A disappointing round of data…
Oil’s Irreplaceable Role in the Global Energy economy
Back in 2006, George W. Bush declared that the US is “addicted to oil.” Since then, that phrase has been repeated ad nauseum by politicos on both the Left and…
Oil company Chiefs Push for Lifting of Drilling Freezes
I watched Tuesday's hearing on offshore drilling operations and safety by the Energy and Environment Subcommittee of the House Energy & Commerce Committee, which featured the CEOs of ExxonMobil, Chevron,…
