 |
Louisiana Light • 4 days | 82.16 | -2.85 | -3.35% | ||
|
Bonny Light • 4 days | 88.16 | -1.48 | -1.65% | ||
|
Opec Basket • 4 days | 92.34 | -0.42 | -0.45% | ||
|
Mars US • 3 days | 77.49 | -1.94 | -2.44% | ||
|
Gasoline • 10 mins | 2.489 | +0.119 | +5.03% |
|
Bonny Light • 4 days | 88.16 | -1.48 | -1.65% | ||
|
Girassol • 4 days | 87.96 | -1.44 | -1.61% | ||
|
Opec Basket • 4 days | 92.34 | -0.42 | -0.45% |
|
Peace Sour • 11 hours | 73.74 | -1.74 | -2.31% | ||
|
Light Sour Blend • 11 hours | 75.04 | -1.74 | -2.27% | ||
|
Syncrude Sweet Premium • 11 hours | 83.99 | -1.74 | -2.03% | ||
|
Central Alberta • 11 hours | 73.34 | -1.74 | -2.32% |
|
Eagle Ford • 4 days | 75.97 | -1.74 | -2.24% | ||
|
Oklahoma Sweet • 4 days | 76.00 | -1.75 | -2.25% | ||
|
Kansas Common • 42 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 4 days | 89.50 | -1.74 | -1.91% |
Breaking News:
Lithium Is Up 220% And This Is What You Need To Know
Lithium prices have soared in…
Energy Scams Are Spreading Like Wildfires
The global energy crisis sparked…
Energy / Energy-General
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…
What Happens When Oil and Other Fossil Fuels Deplete
What happens when energy resources, such as oil, deplete? Many people believe that oil prices will just go up--but I don't see that to be the case. A more likely…
Turning Crude Oil to Natural Gas in the Oil Field
Dr. Steve Larter holds the University of Calgary’s Canada Research Chair in Petroleum Geology and has more than 30 years’ research experience in petroleum geology and geochemistry in both academia…
Oil Industry Reputation Hit by Gulf Oil Spill, Survey Shows
The Gulf oil spill has hit the reputation not only of BP but of the entire oil industry, including among those who favor increased use of fossil fuels as the…
Your Power Future is in California
California has a long history of making great leaps to push the envelope on standards, like seat belts, catalytic converters, emissions, and mileage, which are then adopted nationally and globally.…
Emerging Markets will Drive Demand for Oil and Gas in Medium Term, IEA Says
Demand for both oil and natural gas should increase steadily over the medium term, but will be stronger in China, India and the Middle East than in the industrial countries,…
Pushing Electric Cars on Capitol Hill
FedEx founder and CEO Fred Smith, an ex Navy pilot who I admire enormously, was on Capitol Hill yesterday lobbying for electric cars. In 2009, the US spent $188 billion…
Looking for Energy Babies Thrown Out With the Bathwater
The great game among hedge funds now is to find the babies that have been thrown out with the bathwater because of the Gulf oil spill disaster. The halving of…
Why the Deepwater Horizon Commission Will be Operating in the Dark
Amid the other news this week, including the President's address to the nation on the Gulf Coast oil disaster and his meeting with BP officials yesterday, the announcement on
Why Energy Independence has Eluded the U.S.
I have noted before that every president since Nixon has talked about the need to get the United States off of foreign oil and moving toward energy independence. Jon Stewart…
A Bankrupt BP - Worse For The Financial World Than Lehman Brothers?
The BP crisis in the Gulf of Mexico has rightfully been analysed (mostly) from the ecological perspective. People’s lives and livelihoods are in grave danger. But that focus has equally…
Obama Administration Knew About Deepwater Horizon 35,000 Feet Well Bore
President Obama and Secretary of Interior Ken Salazar, Secretary of Energy Steven Chu, and Defense Secretary Robert Gates were informed that BP would drill an unprecedented 35,000 feet well bore…
Oil Patch Gossip About BP
Over the years, I have invested so much time wildcatting in the oil patch that I will never be wanting for great steaks at Nick & Sam's in Dallas, skyboxes…
China’s Oil Shipping Fears Could Present an Opportunity for Energy Investors
China is a force to be reckoned with in the international oil market. It is today the world's second-largest oil consumer, after the mighty U.S. And an increasing amount of China's…
The BP Blowout - Part 2
Below is the TransOcean rig data on the wellbore from two hours out until blowout. This from what was filed with the US government investigators. So what does it…
Will Obama Force BP into Bankruptcy?
BP is already down and out, but President Obama has the power to force the petroleum company into bankruptcy once and for all. An article published in the New York…
The Growing Problem of Oil Theft in China
China may be leaking more oil and gas from its pipeline network than any country in the world, much of it because of criminal activity. Currently, China has a trunk…
