 |
Louisiana Light • 2 days | 90.61 | -0.79 | -0.86% | ||
|
Bonny Light • 2 days | 94.55 | -1.05 | -1.10% | ||
|
Opec Basket • 2 days | 95.31 | -0.42 | -0.44% | ||
|
Mars US • 3 hours | 89.29 | +0.91 | +1.03% | ||
|
Gasoline • 15 mins | 2.573 | +0.011 | +0.43% |
|
Bonny Light • 2 days | 94.55 | -1.05 | -1.10% | ||
|
Girassol • 2 days | 95.92 | -0.63 | -0.65% | ||
|
Opec Basket • 2 days | 95.31 | -0.42 | -0.44% |
|
Peace Sour • 18 hours | 84.18 | -0.35 | -0.41% | ||
|
Light Sour Blend • 18 hours | 84.68 | -0.35 | -0.41% | ||
|
Syncrude Sweet Premium • 18 hours | 93.28 | -0.35 | -0.37% | ||
|
Central Alberta • 18 hours | 84.18 | -0.35 | -0.41% |
|
Eagle Ford • 2 days | 86.16 | -0.35 | -0.40% | ||
|
Oklahoma Sweet • 2 days | 86.25 | -0.25 | -0.29% | ||
|
Kansas Common • 19 hours | 80.75 | +0.75 | +0.94% | ||
|
Buena Vista • 2 days | 95.63 | -0.10 | -0.10% |
Aramco May Acquire More International Oil & Gas Assets
Saudi Arabia is embarking on…
European Central Bank Surprises Markets With Rate Hike
The ECB said that the…
Can Iraq Finally Become A Global Petrochemicals Powerhouse?
Iraq has the potential to…
Energy
Megrahi's Death Only Beginning in Libyan Oil Saga
Scottish authorities this week said the death of convicted Lockerbie bomber Abdelbaset al-Megrahi puts an end to conspiracy theories surrounding his controversial release in 2009. Scottish authorities insisted his release…
OPEC's View of the World Oil Market
It is interesting to read the viewpoint of OPEC each month, as it relates to global oil supply, and the numbers that they rely on to estimate how much…
The Facts about Fracking Fluid and its Disposal
At a recent shale gas symposium in South Africa a question was asked “if hydraulic fracturing is so safe, why do drilling operators working in Pennsylvania’s Marcellus Shale Play dispose…
Iran Oil Sanctions After the Baghdad Talks
SituationIran tentatively agreed on 22 May to allow the UN’s nuclear watchdog, the International Atomic Energy Agency (IAEA), to launch inspections of nuclear facilities, while Iran and P5+1 countries…
China Warns Australia to Choose "Godfather" - China or U.S.
It is rare in diplomatic circles for governments to speak bluntly, particularly in the Orient, where manners are highly prized.The exceptions to this rule are retired military officers,…
Kurdish Oil Pipeline Could Split Iraq
Nearly 10 years of oversight from the U.S. military in Iraq has done little to erase simmering sectarian issues in Iraq. A trilateral democratic government composed of Shiite, Sunni and…
Is a Carbon Disaster Brewing in The Pacific Northwest?
Optimists and politicians like to remind us that U.S. exports are booming. Unfortunately, so are imports.
New Fuel Injection System to make Petrol Engines as Efficient as Hybrids
Delphi is developing an engine fuel injection technology that could improve the fuel economy of gas-powered cars by 50 percent, potentially rivalling the performance of hybrid vehicles at less cost.…
Scientists Studying the Link between Fracking and Recent Earthquakes in Texas
Scientists from two Texas universities are looking into a pair of recent earthquakes near the Texas-Louisiana border for clues to whether they were related to underground injection of oil and…
No One Can Afford Another Round of Iran Sanctions
As Iran and the P5+1 prepare to meet in Baghdad on 23 May for the next round of nuclear talks, Europe should be seriously considering the implications of its planned…
Energy in the Time of Elections: Claims and Counterclaims
Where there's oil and gas, there's milk and honey. That is the thrust of the American Petroleum Institute's report to the platform committees of the Republican and Democratic parties. It…
Why the Smart Grid is More Than Just Smart Meters
Richard Ford doesn’t like the term smart grid. “It means different things to different people,” says the manager of grid solutions at Toronto Hydro. “The term has become overused. It…
China to Invest in Coal Gasification - with GEs help
First, the bad news for China’s economic miracle.According to a quarterly report issued last month by China’s China Electricity Council (CEC), some parts of China will experience severe…
What's Driving Oil and Gasoline Prices in the US?
Here I comment on some recent developments affecting oil and gasoline prices.There is no oil shortage in the central United States, and has not been for some time,…
Cyber Update: Pipelines, China and Lax Security Standards
The Department of Homeland Security (DHS) has identified China as the possible origin of an ongoing cyber attack targeting US gas pipeline companies, and specifically a group that managed to…
The Real Cost of Cheap Energy
Where does your energy come from? Although I live in Colorado now, I grew up in East Tennessee, where many people still assume their power is fairly clean, dominated by…
Climate Economics: Creatively Destroying the World
In the 70 years that have passed since Joseph Schumpeter coined the term "creative destruction," economists have struggled awkwardly with how to think about growth and innovation. Born of the…
Kiev Stands to Lose EU-Russia Natural Gas Game
European lawmakers this week said they had indications that Kiev was ready to take a closer look at updating its gas transit system. A substantial portion of the Russian…
How Falling Energy Costs will Shape the World
A major plank in my golden age scenario for the 2020's is the collapse of the cost of energy. This won't occur because of a single big discovery, but from…
How the Export of Coal and Natural Gas in the U.S. has Developed over time
The beaten and bruised US coal industry got up off the floor from the body blows of US EPA’s regulations and got back in the race as an export champion…
