 |
Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 1 hour | 70.42 | -1.17 | -1.63% | ||
|
Gasoline • 2 hours | 2.593 | -0.020 | -0.75% |
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Girassol • 2 days | 78.20 | -0.88 | -1.11% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 17 hours | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 17 hours | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 17 hours | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 17 hours | 65.14 | -1.24 | -1.87% |
|
Eagle Ford • 2 days | 67.77 | -1.24 | -1.80% | ||
|
Oklahoma Sweet • 2 days | 67.75 | -1.25 | -1.81% | ||
|
Kansas Common • 4 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 8 days | 76.40 | +1.64 | +2.19% |
ExxonMobil: New Fracking Technology Can Double Oil Output
But shale giant ExxonMobil Corp.…
Oil Markets On Edge Over OPEC And Debt Ceiling Uncertainty
It is set to be…
R&D Spending Surges In GCC’s Chemical Sector
GCC countries are leveraging their…
Energy
Will Technology Save us from Peak Oil?
Let's face it! The whole fossil fuel thing - widespread use of coal, oil, and natural gas could not have happened without technological advances. Without the steam engine, the coal…
Large Scale Energy Storage and the Renewable Energy Problem
As we look to transition away from fossil fuels, solar and wind are attractive options. Key factors making them compelling are: the inexhaustibility of the source with use (i.e., renewable);…
The Importance of Coal to India's Economy
India’s coal reserves have been assessed at about 286 billion tons this year, about 3.25 percent higher than the previous year’s 276.8 billion tons, according to a published report. Citing…
Ukraine to cut Gazprom's umbilical cord?
Sometimes it's not easy being Russia's neighbor - just ask Ukraine. Ever since the 1991 implosion of the USSR, Ukraine's relations with Russia have appeared between coldly formal and outright…
Oil Prices and the Fall of the Soviet Union
Back in the 1960s and 1970s, the country that was the “big growth story” was the Soviet Union. Its oil consumption grew by leaps and bounds. Its space program grew;…
Is Shale Oil the Answer to U.S. Energy Security
A series of articles by Reuters columnists and Chesapeake Energy’s August 2011 Investor Presentation (once the “Ra-Ra” is filtered out) serve to underline the rapid and largely unseen revolution…
End of the Energy Subsidy Gravy Train
The drama that raised the national debt ceiling without increasing taxes is sending warning shots across the bow for many industries. The message for energy subsidies, including the tax credits…
Why Falling Oil Prices are NOT a Reason to Celebrate
Normally, consumers consider falling oil and gasoline prices to be good news. They have to pay less to fill up their tanks. And if the reason for that is that…
A Look at the DOD's Operation Energy Strategy
US soldiers run on water, batteries and fuel. The latter two are becoming quite a challenge for the armed forces as they require a reliable and assured supply of operational…
Peak Oil: Grim Reality or Conspiracy Myth?
“The era of cheap oil is over and will never come back… Conventional oil peaked in 2006,” - Fatih Birol, International Energy Agency Chief Economist, 25 May 2011 There…
Canada's Increasing Demand for U.S. Natural Gas
Canada needs US natural gas to help produce its bitumen oil sands. As oil sands production ratchets up from 1.5 million barrels per day to 5 mbpd by 2020, Canada's…
Swedish Man Arrested for Building a Nuclear Reactor in His Kitchen
Apparently a Swedish man has been reprimanded for attempting to build a homemade nuclear reactor. 31-year-old Richard Handl foiled his own plans to construct a homemade nuclear reactor when he…
Why High Gasoline Prices are Causing the Drop in GDP Growth
Lost in the furor over the debt crisis last week came the news that the U.S. economy expanded at an annual rate of only 0.4 percent in the first quarter…
The Loss of Oil Hegemony in the West
This author put out an article on dollar supremacy, Jesters, Economics and American Dollar Supremacy, which showed some weak correlations between oil prices and said dollar supremacy. The article…
Natural Gas Analysis for the Week of August 8, 2011
Nearby Natural Gas futures fell sharply lower last week, briefly piercing the low for the year at 3.917 while reaching 3.901 before settling the week at 3.941. The poor outlook…
Crude Oil Analysis for the Week of August 8, 2011
September crude oil reaffirmed its weekly downtrend last week on the trade through the late June bottom at 90.17. Besides trading lower for the year, crude oil also took out…
Why High Oil Prices will Make the Next Debt Crisis Even Worse
Most people assume that the mismatch between US federal government revenue and expenses will go away, with enough time. All that is needed is a little “patch” now, and some…
Oil and Gas Pipelines at Risk from Ethanol Bacteria
Researchers from the National Institute of Standards and Technology discovered that bacteria found in ethanol hasten the deterioration and cracking of pipeline steels. Ethanol is a biofuel that is commonly…
Clean Coal and Underground Coal Gasification
The reserve limits for coal, for China as well as the rest of the world, can be postponed for several generations if the technology to gasify coal underground can be…
Electricity Prices to Soar
ICF International a major consulting firm has let slip two news reports out of their research that should cause consumers to perk up and get on with conservation, energy saving…
