 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.715 | -0.019 | -0.69% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 9 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 9 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 9 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 9 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
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Energy
Over 3,000 Leaks Found in Study of Boston's Natural Gas Pipelines
The city’s aging natural-gas pipeline system is to blame, according to a new study by researchers at Boston and Duke Universities. Their findings appear this week in the journal
New Yorkers Challenge LIPA, FEMA over Power Outages
Hurricane Sandy isn’t done with New York. Having revealed the unaccountable weakness of the local authorities to deal with the disaster, now she’s rolling heads.The past week has…
Europe Rejects Proposal to Ban Hydraulic Fracking
A proposal to ban new hydraulic fracturing operations in the European Union was rejected by members of the European Parliament. Natural gas production among member states is set to decline…
A Look at the US Oil Boom - Without the Hype
[Editor's comment: This article is by Dr. Tad Patzek, chairman of the Department of Petroleum & Geosystems Engineering at The University of Texas at Austin. Dr. Patzek's research involves mathematical…
Does Oil Determine who Becomes President?
Was the most recent American election outcome determined by the presidential debates, changing demographics, voter views on issues, Hurricane Sandy (and the president's reaction to it) or voter turnout? Probably…
How Will US Shale Oil Change the Global Energy Market?
For the past five years, progress in extracting gas and oil from shale deposits has been revolutionizing the energy industry in the United States. Now, a new report…
How Big a Role Will Shale Gas Play in America’s Energy Future?
Some people herald it as the start of a new dawn, and others condemn it as a potential environmental disaster.I am talking of course about shale gas and…
After Being Offline Since 2011, South Sudan Oil to Flow Again
On 14 November, South Sudan President Salva Kiir declared during a meeting he held in Juba with visiting Kenyan deputy Prime Minister Uhuru Kenyatta that his country's oil production will…
How Will Oil Production Impact the Economy Over the Coming Decade
A paper published recently by the IMF gives us some insight into how oil prices and availability might affect the global economy in the next decade. The paper, entitled Oil…
"Weak Demand" Does Little to Deter Keystone XL Support
The American Petroleum Institute reported that October demand for petroleum products was at its lowest level for any October in 17 years. John Felmy, the group's chief economist, said demand…
Is Iran Using an Insurance Scam to Cover its Oil Tankers?
An interesting article has today been published by Forbes which investigates the possibility that Iran has set up a false insurance company, offering illegal insurance policies, in order to…
BP's Billion Dollar Settlement: Here's Where the Money Will Go
Yesterday, the Justice Department announced BP agreed to plead guilty to 14 criminal charges stemming from the 2010 Deepwater Horizon oil spill and agreed to pay $4.5 billion in…
Ten Predictions Made by the IEA's 2012 World Energy Outlook
The IEA’s 2012 World Energy Outlook has spurned many a headline since its release on Monday, which should be none too surprising given it is 688 pages long. The…
China Energy Outlook: China's Energy Strategy for the Future
Globally, only two reports are published on an annual basis wherein the world’s energy situation is fully scrutinized. These have a huge impact because in many government and company decision…
Canada Targets Unemployed US Oil Workers
Canada is predicting a doubling of oil production by the end of this decade. This means it will have to secure its workforce to the tune of tens of thousands…
IEA Manipulates Stats to Predict Unrealistically High Oil Forecasts
The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become…
Why Doesn't the EIA Agree with the IEA's Forecast for US Oil Production?
Good news, folks. According to our friends at the International Energy Agency (IEA), the United States will once again be the world's top oil producing nation by 2020. In your…
PR at its Worst: IEA Spins Oil Stats to Make US Top 'Oil' Producer
I’ve said it before, but it needs to be said again: The US is not overtaking Saudi Arabia as the world’s largest producer of oil. Here’s what everyone needs to…
Big Oil Cries Foul Over Anti-corruption Efforts
A U.S. financial regulator dismissed a challenge from groups advocating on behalf of the petroleum industry who said transparency rules regarding payments made to foreign governments put them at a…
A Brief Review of the IEA's 2012 World Energy Outlook
On Monday the IEA released its World Energy Outlook 2012. This includes an optimistic assessment of the situation in the United States:The United States is projected…
