Energy / Oil Prices

Feb 15, 2010 at 13:25 | Ferdinand E. Banks

The IEA has apparently calculated that OPEC earned 575 billion (U.S.) dollars in oil export revenues in 2009, a relatively depressed year, and might earn more than 700 billion this…

Feb 15, 2010 at 13:22 | Ferdinand E. Banks

In 20 years I predict energy wars over oil and  gas resources. By the time it becomes politically profitable to react to problems  in the transport energy sector, it will…

Feb 12, 2010 at 21:24 | Darrell Delamaide

Oil Market Summary for 02/08/2010 – 02/12/2010. Crude oil prices took a dive on Friday after a week of gains from U.S. blizzards were undercut by another move in China…

Feb 08, 2010 at 15:13 | Ferdinand E. Banks

”Endless Oil” is the title of a piece in Business Week (Jan, 18, 2010). Its author is Stanley Reed, and it was interesting for me because I remember when Business…

Jan 28, 2010 at 21:51 | Editorial Dept

Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry . With…

Jan 18, 2010 at 17:12 | Dave Forest

We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…

Jan 16, 2010 at 15:28 | Darrell Delamaide

Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…

Jan 09, 2010 at 16:21 | Ferdinand E. Banks

There still seems to be a deplorable uncertainty about the future price of the most important commodity in the world. A few months ago Philip Verleger – now apparently guest…

Jan 08, 2010 at 16:55 | Claude Salhani

One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…

Dec 30, 2009 at 14:18 | Dave Forest

The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you could get rich simply by…

Nov 25, 2009 at 16:35 | Editorial Dept

As the politics and philosophical arguments about “Peak Oil” continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil…

Nov 23, 2009 at 14:06 | Editorial Dept

Two overwhelming environmental calamities, simultaneously banging at the door of our consciousness, may very well be more closely related than you might originally think. Calamity #1: We appear to be…

Nov 10, 2009 at 22:58 | Editorial Dept

Stock market commentators like to draw parallels between the behavior of oil prices and stock prices on any given day. After all, who hasn’t seen a headline like this: “Oil…

Oct 22, 2009 at 23:20 | Editorial Dept

Over the past century, modern society has developed a near unquenchable thirst for oil and after 100 years of searching and experimenting there is still no reliable replacement. “Oil is…

Oct 05, 2009 at 16:09 | Editorial Dept

When we take a well considered historical perspective of what has occurred over the recent years and in particular, the last two decades regarding the price of crude oil,…

Jul 24, 2009 at 07:48 | Editorial Dept

There are a number of different factors that affect financial markets however many analysts believe there is a direct relationship between the price of oil and the stock market. In…

Jul 24, 2009 at 07:48 | Editorial Dept

Understanding what causes the price of oil to fluctuate can oftentimes be a confusing subject for those outside of the commodities market. There are a number of factors that affect…