 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.722 | -0.013 | -0.46% |
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Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
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Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 8 hours | 76.01 | -0.55 | -0.72% | ||
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Light Sour Blend • 8 hours | 79.06 | -0.55 | -0.69% | ||
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Syncrude Sweet Premium • 8 hours | 86.01 | -0.55 | -0.64% | ||
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Central Alberta • 8 hours | 76.41 | -0.55 | -0.71% |
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Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
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Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Profit Taking Is Putting Downward Pressure on Oil Prices
Oil prices fell this week…
Oil Fund Withdrawals Suggest Extended Price Rally
Investors are ditching the oil…
Could The U.S. Become Lithium Independent?
Despite having some of the…
Energy
Angola and Brazil Work Together on LNG Production
Miniscule Portugal in the 15th century used its Atlantic coastline to establish a global empire, which included Brazil, Angola, Mozambique and even Macao in far-off China.Five centuries later,…
Bad News for the Anti-Fracking Crowd
Hydraulic fracking has been studied with a published paper showing the energy return on investment (aka EROI) with a total input energy compared with the energy in natural gas…
Did Global Oil Consumption Slow in 2012?
I hate the phrase “Innocent until proven guilty.” When serial killer Ted Bundy killed his first victim, he wasn’t innocent just because a court had yet to convict him. The…
Has the Shale Gas Boom Already Ended?
If you've ever looked at the elements that create the images in a kaleidoscope, they are unremarkable: pebbles, beads and bits of colored glass, all mixed together. But when…
Rumors of OPEC's Demise Exaggerated
A mixed picture is starting to emerge from the Middle East in terms of oil production. Several members of the 12-member OPEC oil cartel are embroiled in turmoil or struggling…
Chinese Scientists Discover New Method to Increase Recoverable Oil from Wells
Chinese scientists have already succeeded in recovering a sensational 15% of the residual oil in their test reservoir when they formed a collaboration with the Centre for Integrated Petroleum…
Frackers Under Scrutiny for Buying Silence
An investigative report from Bloomberg news agency claims that US oil and gas companies are signing quiet settlements over individual lawsuits in which they pay large sums to keep…
Brazil’s Giant Libra Field could Produce One Million Barrels a Day
Magda Chambriard, the head of the National Petroleum Agency, has said that Brazil’s giant oil prospect, the Libra field, which holds an estimated 15 billion barrels of oil, could easily…
Liquid Fuel Consumption is Unlikely to Fall While it is Still Subsidised
The EIA has noted, in This Week in Petroleum that, for the first time, the sum of Non-OECD country demand contributed more than half to the total of liquid…
Haynesville: True Staying Power
Five years ago, the Haynesville shale emerged as the largest producing shale gas play in the US, with an estimated 250 trillion cubic feet of natural gas, with the first…
A Counterintuitive Stock Pick in the Mississippi Lime
We try to be counterintuitive when we look for tips for our Premium readers. We try to think outside the box. With that in mind, this week we have a…
Weekly Energy Review: North Dakota Revels in Record Growth Thanks to Oil
North Dakota revels in record growth thanks to oil; no alleviation for natural gas price pain; Edison’s expensive nuclear decommissioning; a new record for global CO2 emissions; a hint about…
New US Energy Secretary will Make a Decision on LNG Exports by December
In testimony today, June 13, to the House Committee on Energy and Commerce, Subcomittee on Energy and Power, newly appointed U.S. Energy Secretary Ernest Moniz reviewed the country's energy situation…
Shale, Gales, and Tipping the Scales
Alrightee, there have been a number of key reports from the EIA this week which have prompted me to present some pertinent points, and pose some ponderations. So below is…
NRG Lures Shareholders with Renewable IPO
A new unit that will be able to operate renewable and conventional power assets and pay dividends to shareholders is attempting to raise $400 million in an initial share…
Trouble Brewing as Russia Increases Natural Gas Prices to Armenia
Armenia is bracing for a roughly 18-percent hike in the price of natural gas imported from Russia. The unanswered question is what’s the domestic political cost for the Armenian government?
Fracking Companies Take Advantage of Amish Religious Beliefs
I don’t think it would come of a surprise to anyone if I were to state that fracking companies have been known to use underhand tactics to get access to…
Why Gas Prices are Unlikely to Fall Anytime Soon
Almost everyone from the consumer to the giant oil company is tired of the very high crude oil prices seen now for over a year. For consumers it’s a drain…
Damn the Sanctions and Bring on the Gas, says Pakistan
Pakistan says it can't let geopolitical concerns interfere with its quest to find ways to keep the lights on. A planning minister said last weekend that all options must be…
Recent Events in the Battle to Export US LNG – Part 2
Part 1 can be found hereSo last week’s summary of the current status of LNG exports was ignited by my interest in this LNG study by…
