 |
Louisiana Light • 2 days | 71.98 | -3.80 | -5.01% | ||
|
Bonny Light • 22 hours | 75.09 | +0.06 | +0.08% | ||
|
Opec Basket • 2 days | 78.31 | -1.38 | -1.73% | ||
|
Mars US • 34 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 10 mins | 2.031 | +0.030 | +1.49% |
|
Bonny Light • 22 hours | 75.09 | +0.06 | +0.08% | ||
|
Girassol • 22 hours | 75.14 | -0.12 | -0.16% | ||
|
Opec Basket • 2 days | 78.31 | -1.38 | -1.73% |
|
Peace Sour • 21 hours | 53.13 | -2.94 | -5.24% | ||
|
Light Sour Blend • 21 hours | 56.98 | -2.94 | -4.91% | ||
|
Syncrude Sweet Premium • 21 hours | 61.58 | -2.94 | -4.56% | ||
|
Central Alberta • 21 hours | 55.13 | -2.94 | -5.06% |
|
Eagle Ford • 2 days | 65.86 | -3.66 | -5.26% | ||
|
Oklahoma Sweet • 2 days | 66.25 | -3.25 | -4.68% | ||
|
Kansas Common • 2 days | 59.75 | -2.75 | -4.40% | ||
|
Buena Vista • 3 days | 78.44 | -0.72 | -0.91% |
New Technology May Reduce Battery Fires
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Why Gasoline Prices Fall Almost Every Year Between August and November
The underlying price of oil…
Energy / Energy-General
Is Iran fooling the West?
There are growing concerns in some political circles that the pressure placed on Iran to have it stop its nuclear development programs may have been lifted too early. At…
Where's the Real Cost of Climate Change?
U.S. Secretary of State John Kerry says it's time to have a frank conversation about climate issues, putting the matter on the same footing as weapons of mass destruction. The…
Lockheed Martin to Build World’s Largest Wave Power Facility in Australia
The world’s largest defense contractor, U.S. Lockheed Martin Corp., better known for its military weaponry programs, is beginning to back renewable energy.On 11 February the Bethesda-based Lockheed Martin…
Shell’s Asset Purge to Hit UK North Sea
Royal Dutch Shell has announced plans to sell three oil and gas assets in the North Sea as the supermajor seeks to divest some $15 billion in assets.Shell…
Cyberattack on Energy Sector would be 'Devastating'
An annual index from IHS Jane's Terrorism and Insurgency Center said acts of violence committed by non-state actors since 2009 increased by more than 150 percent. But for Internet security…
No Foreign Drilling to be Allowed in Iran’s Caspian Waters
While foreign energy companies eagerly await the easing of sanctions on Iran, there is one area of the country that will be off-limits to them – Iran’s claimed Caspian waters.
East Asia Energy Advisory
Japan’s nuclear dilemma and Asia’s LNG hunger.JapanThe pro-nuclear camp has won the critical 9 February Tokyo gubernatorial elections, and while this is not a straight-out victory…
Oil Market Forecast & Review 14th February 2014
March Crude Oil futures closed over $100.00 per barrel this week without much fanfare. The rally took out the previous top from December 2013 at $100.79, but fell short of…
This Week in Energy: April D-Day for Alaska’s Massive Gas Plans
Alaska stands at an interesting energy crossroads, with the State Legislature considering the fate of a massive liquefied natural gas project that would be an economic boost for the state…
Bill Gates’ Energy Co Files for Bankruptcy
Bill Gates’ Texas energy company has filed for bankruptcy protection as the depressed power market results in untenable financial losses. The company, Optim Energy (EnergyCo LLC), owned by…
Chevron Pennsylvania Well Still Burning After Explosion
A well in Pennsylvania’s Marcellus Shale operated by Chevron is still burning two days after an explosion that left one worker injured another reported missing. An early morning…
Western Energy Companies to Re-enter Iran’s Oil and Gas Sector
Iran is planning to increase its oil production by an additional 1 million barrels per day (mb/d) in 2014, provided that negotiations result in the easing of oil export sanctions…
BP Predicts an Energy Self-Sufficient Future by 2035
BP begins its new forecast for the energy future with the statement:We project that by 2035 the US will be energy self-sufficient while maintaining its position as…
Keystone XL’s Miniscule CO2 Impact and the Bigger Picture
A Disproportionate ResponseI had intended to write an article today outlining some potential solutions to the Midwest’s ethanol predicament, but some recent exchanges on Twitter prompted me…
DOE Approves Sixth LNG Export Terminal
On February 11 the U.S. government gave a green light to Sempra Energy’s LNG export terminal in Louisiana. The approval is the sixth over the last year. Sempra’s Cameron project…
SEC Lashes Out at Wolves of Wall Street
The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump” fraud, and stocks will not…
Russia’s Rosneft to Build Arctic Seagoing Vessels
Russia’s state-owned oil firm Rosneft is to build two shipyard facilities to construct vessels and platforms for its push to exploit Russia’s Arctic regions, according to Deputy Prime Minister Dmitri…
Creating Liquid Fuel from Old Plastic Bags
Researchers have developed a low-temperature process converting plastic waste into liquid fuel as a way to re-use discarded plastic bags and other products. The most common waste we all…
This Week in Energy: Jumping the Gun on US Crude Exports to Europe
Before we get started on this weeks letter – we ask you to take a look at our revamped presentation which looks at 5 trends set to change…
As Drought Hits, Fracking Poses Threat to Water Supply
A new report finds that hydraulic fracturing is posing a growing risk to water supplies in several regions around the country. Only, instead of groundwater contamination that so often…
