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Energy / Oil Prices

Endless Oil: Prices NOT Peaks are the Issue

Endless Oil: Prices NOT Peaks are the Issue

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…

Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices

Are Official Estimates of Oil Reserves Correct? What Does this Mean for Oil Prices

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…

A Look at the Exploration Business and Mining Economics

A Look at the Exploration Business and Mining Economics

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…

Oil Prices Fall as Winter Premium Melts Away

Oil Prices Fall as Winter Premium Melts Away

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…

A Disobliging Update on the Price of Oil

A Disobliging Update on the Price of Oil

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…

What Happens When the Wells Run Dry?

What Happens When the Wells Run Dry?

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…

Petro Unfriendly California Changing it's Stance on Oil

Petro Unfriendly California Changing it's Stance on Oil

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…

New Techniques Oil Companies are Using in Drilling for Oil

New Techniques Oil Companies are Using in Drilling for Oil

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…

Biofuel of the Future - Turning our Garbage into Energy

Biofuel of the Future - Turning our Garbage into Energy

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…

Do Oil prices Really have an Impact on Financial Markets? Yes and No

Do Oil prices Really have an Impact on Financial Markets? Yes and No

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…


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