 |
Louisiana Light • 3 days | 72.39 | +1.98 | +2.81% | ||
|
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | ||
|
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% | ||
|
Mars US • 2 days | 71.39 | +1.89 | +2.72% | ||
|
Gasoline • 2 days | 2.501 | +0.065 | +2.65% |
|
Bonny Light • 2 days | 75.19 | +1.17 | +1.58% | ||
|
Girassol • 2 days | 77.03 | +1.40 | +1.85% | ||
|
Opec Basket • 3 days | 72.79 | -0.28 | -0.38% |
|
Peace Sour • 2 days | 64.35 | +2.01 | +3.22% | ||
|
Light Sour Blend • 2 days | 65.65 | +2.01 | +3.16% | ||
|
Syncrude Sweet Premium • 2 days | 74.60 | +2.01 | +2.77% | ||
|
Central Alberta • 2 days | 63.95 | +2.01 | +3.25% |
|
Eagle Ford • 3 days | 66.58 | +2.01 | +3.11% | ||
|
Oklahoma Sweet • 3 days | 66.50 | +2.50 | +3.91% | ||
|
Kansas Common • 4 days | 58.25 | -1.50 | -2.51% | ||
|
Buena Vista • 12 days | 76.15 | -1.09 | -1.41% |
Breaking News:
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Energy
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Study Reveals Fracking Does Contaminate Groundwater with Methane
A study has been undertaken by Duke University of methane levels in water from 68 private wells above the Marcellus and Utica shales in Pennsylvania and New York. The details…
Oil prices and trading mechanics
A report from Reuters attributes the wild commodity price moves last week to algorithmic stop-loss trading. Jim Brown offered these details on the oil trading: Those funds interviewed…
Lower Oil Prices
Like a roller coaster ride, 2011 saw oil prices climb gradually, only to fall dramatically this last week. Here I offer my thoughts on some of the key contributing factors.…
What is Oil Really Worth?
The reason that oil company profits are so volatile is that sometimes the price of oil becomes pretty disconnected from the cost to produce it and convert it into finished…
High Coal Prices Leading to Increased Power Shortages in China
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The Search for Deep Oil and Gas
Geoffrey Styles, Managing Director of GSW Strategy Group, has came upon more information about the effort to look even deeper for hydrocarbons like natural gas and oil. A leader…
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A Look at the Serious Energy Shortages in India and Pakistan
The recent publication of the EIA review of Shale Gas has caught the world’s attention, and led to the perception that the coming decades may well see natural gas become…
Will Politicians Listen to the Message Being Delivered by High Oil Prices
If you read many of the pieces I write here you will soon notice that I am convinced that this country, and most of the civilized world, has a problem…
Crude Oil Traders Coming Under Government Scrutiny
Betting on the future generally receives the stamp of immorality when elected officials and consumers come out on the losing end. President Barack Obama and the European Union both recently…
Methane to Methanol to Gasoline for $2.85 a Gallon
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World Oil Forecasts and Hubbert’s Peak
Recently when I was reading some of the papers M. King Hubbert wrote, one thing struck me was the context in which he made his forecast regarding how world oil…
A Sensible Look at the Food vs Fuel Argument
Mary Kissel writing in the Wall Street Journal (WSJ) looks into what C. Larry Pope, the chief executive of Smithfield Foods, Inc. is saying about the price of food…
It's Time for Obama to Spook the Oil Markets
The fate of the Obama presidency hangs not on a birth certificate or the red ink on the federal budget but by the hose nozzle of your local gas station.…
Getting Even With Big Oil: Taking on ExxonMobil
It is no secret that consumers are suffering from very high gasoline prices. And as a result of these high prices, ExxonMobil just reported a first-quarter profit of $10.7…
Why Falling Resources and Rising Prices Demand a more Thoughtful Energy Policy
Below is an essay by Jeremy Grantham, the Chief Investment Officer of GMO Capital (with over $106 billion in assets under management they are one of the largets asset managers…
Abiotic Oil and Energy Red Herrings
According to a new computer model, liquid methane in contact with a partially hydrogen-terminated diamond surface at extremely high pressures and temperatures spontaneously forms longer hydrocarbons, and hence the material…
