 |
WTI Crude •1 day | 52.27 | -0.86 | -1.62% |
|
Brent Crude •1 day | 55.41 | -0.69 | -1.23% |
|
Natural Gas •1 day | 2.446 | -0.045 | -1.81% |
|
Mars US •1 day | 53.02 | -0.86 | -1.60% |
|
Opec Basket •3 days | 55.14 | -0.61 | -1.09% |
 |
Urals •32 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •3 days | 54.90 | -0.31 | -0.56% |
|
Marine •2 days | 55.13 | -0.44 | -0.79% |
|
Murban •2 days | 55.57 | -0.19 | -0.34% |
|
Iran Heavy •2 days | 51.58 | -0.58 | -1.11% |
|
Basra Light •2 days | 57.04 | -0.62 | -1.08% |
|
Saharan Blend •2 days | 54.87 | -0.57 | -1.03% |
|
Bonny Light •2 days | 54.72 | -0.55 | -1.00% |
|
Canadian Crude Index •3 days | 40.08 | +0.03 | +0.07% |
|
Western Canadian Select •1 day | 39.23 | -0.33 | -0.83% |
|
Canadian Condensate •2 days | 52.13 | -0.18 | -0.34% |
|
Premium Synthetic •2 days | 53.53 | -0.18 | -0.34% |
|
Sweet Crude •1 day | 48.13 | -0.18 | -0.37% |
|
Peace Sour •1 day | 46.88 | -0.18 | -0.38% |
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Louisiana Light •3 days | 54.90 | -0.31 | -0.56% |
|
Domestic Swt. @ Cushing •2 days | 48.75 | -1.00 | -2.01% |
|
Giddings •2 days | 42.50 | -1.00 | -2.30% |
|
ANS West Coast •4 days | 56.32 | -0.51 | -0.90% |
|
West Texas Sour •2 days | 46.22 | -0.86 | -1.83% |
|
Eagle Ford •2 days | 50.17 | -0.86 | -1.69% |
New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound
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Oil Rallies Despite Growing Demand Concerns
Oil prices rebounded on Tuesday…
Energy / Energy-General
Life on Earth Can Survive Without the Sun’s Energy
We like to say that life on Earth could not survive without the sun, but that isn't actually true. Without the sun the surface of the planet would freeze down…
Fossil Fuel Subsidies 10x Renewables Support
Worldwide renewable power and biofuels received $43 billion-46 billion in subsidies last year, only a fraction of the government subsidies for fossil fuels, according to preliminary figures from Bloomberg New…
Middle East Oil Producers Might Consider BP Investment – to Diversify
With BP poised to move on from the Gulf oil spill with a new chief executive, the beleaguered London-based company might look attractive to Middle East sovereign wealth funds after…
A World Without Petroleum
Occidental Petroleum is running a very clever and funny ad supporting and informing about what petroleum is used for as well as natural gas, gasoline and diesel. As you’ve…
U.S. Activists, Lawmakers Seek Renewable Standard in Slimmed-Down Energy Bill
After Senate leaders last week ruled out a comprehensive energy bill with a cap-and-trade regime, climate legislation activists are now pushing for the consolation prize of a national renewable energy…
The Hunt for Dark Energy
It’s out there, or so they say in the cosmic physics community. There is a mysterious “dark energy” believed to constitute nearly three-fourths of the mass and energy of the…
Energy Ministers Agree on 10 Clean Energy Initiatives
Two dozen countries that account for 80% of global energy consumption reached agreements on a series of 10 clean energy initiatives that will eliminate the need to build 500 new…
Securing Uganda’s Oil Industry Urged But Repeat Terrorist Attacks Seen As Slim
Although the Ugandan government can boost the security of its fledgling oil industry from future terrorist attacks that may scare away certain investors, Africa analysts doubt violence replicating the twin…
How The Next Major Uranium Discovery Will Be Found
Yesterday, we went through the basics of unconformity-hosted uranium deposits. And why these are the big prize for the uranium industry. And yet, despite decades of study, we've still only…
China Has Replaced U.S. As Biggest Energy Consumer, IEA Says
China has overtaken the U.S. as the world’s biggest consumer of energy in the most tangible evidence yet of the coming dominance of the Chinese economy. According to data from…
Uranium’s Big Prize
Sixteen hours on airplanes yesterday gave me the chance to finish reviewing a lot of uranium material. (For those of you finding the uranium theme long-in-the-tooth, we will get back…
Cautious Obama is Hurting Future Oil and Electricity Supply
From somewhere--inside the White House or the Department of Energy--President Obama is getting some pretty awful advice. It's bad enough that he's been persuaded that there's a Nirvana Land of…
U.S. Government Finally Grants BP Permission to Begin Well Integrity Test
For almost 2 days, the US government has withheld final permission for BP to go ahead with crucial but risky pressure testing at the Macondo wellhead. The new sealing cap…
European Power Plants Win Reprieve on Emissions
The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…
A look at China’s Growing Demand for Oil
In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…
Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling
While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to…
China Plans New Energy Resource Tax, Infrastructure Spending in Western Provinces
Chinese officials announced plans to develop the country’s western provinces as the center of its energy industry and reformed the resource tax on oil, coal and natural gas extraction so…
Dwindling Resources and Why Population Growth Must Stop
Earth’s population is approaching seven billion at the same time that resource limits and environmental degradation are becoming more apparent every day. Rich nations have long assured poor nations that…
Looking for Value at Occidental Petroleum (OXY)
While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its…
Oil Companies Benefiting from Tax Breaks and Large Subsidies as Congress Meekly Looks On
When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag of the Marshall Islands. Registering there allowed the…
