 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 12 mins | 2.746 | +0.011 | +0.42% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 2 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 2 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 2 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 2 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Europe's Love Affair with Electric Cars Wanes as Sales Plunge
Volkswagen's EV sales in Europe…
Energy / Energy-General
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…
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…
