 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 22 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 22 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 22 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 22 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Biden Administration's SPR Plans Derailed by Oil Price Surge
The Biden Administration cancels planned…
Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure
Canada faces an escalating threat…
The Energy Sector Is A No-Brainer, but There’s More to Come
The most important catalyst working…
Energy
Libya: A Real World Syriana
A curtain is slowly getting drawn back on the death of Shokri Ghanem, the former head of the Libyan oil industry found floating in the Danube River last month. Rumors…
Argentina Counting Cost of Nationalizing YPF
One of the most feared words in every oilman’s lexicon is “nationalization.” On 16 April Argentinean President Cristina Fernandez de Kirchner did exactly that with the energy firm Yacimientos…
America's Horizontal Drilling Technology will Transform the World
The success of unconventional oil and gas production from shale formation is reshaping the US energy industry and may yet prove to be a major factor pulling US GDP growth…
A Look at the Major Forces Shaping our Future
While waiting to see how the Iranian nuclear confrontation and the various Eurozone crises sort themselves out, there is time to step back and look at the interaction of the…
Duel Fuel Vehicles that can Run on Gasoline or Natural Gas
Not flex fuel – dual fuel. Flex fuel is a system that can use similar fuels in the same system such as pure gasoline to 85% ethanol. Dual fuel will…
New IMF Model is Far More Accurate at Predicting Oil Production
The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of interest to people who…
Following New Energy Technologies - From Discovery to Widespread Adoption
Last week we talked about the possibility that researchers have found a second and potentially useful and inexpensive way of converting hydrogen into helium accompanied by a release of significant…
Why India is Ignoring U.S. Pressure and Continuing to Trade with Iran
Secretary of State Hillary Clinton said in India on Monday that New Delhi can reduce its oil imports from Iran further, pressuring that country to fall in line with…
Chevron has Unveiled New Ship to Perform Dual Gradient Drilling
Chevron is about to put the first deepwater drillship designed with the capacity to perform ‘dual gradient drilling’ to work. The ship is a Samsung 12000 design capable of…
How the Oil Industry has Deceived the US with the Promise of Energy Independence
Faced with increasing political obstacles to oil and natural gas exploration in many countries around the world, the oil industry is focusing again on the United States. The industry is…
Energy is a Global Commodity and Should Stay That Way
A U.S. lawmaker called on the White House this week to eliminate what he said was a "disturbing connection" between U.S. energy demands and violence in the Middle East. New…
Taking a Second Look at the Southern Gas Corridor
With Russia covering two-thirds of Europe’s gas needs, Europe’s buzzword du jour since the start of the recurring Russo-Ukrainian disputes in 2005 over prices, debt and supplies of natural gas…
Iran could Avoid Economic Blow of US Sanctions by Accepting Chinese Yuan
The Iranian currency shuffle continued again this week as Tehran announced it would take the Chinese yuan as payment for crude oil deliveries from its trading partner in Beijing. While…
US Gas Pipelines under Cyber Attack, Says DHS
The Department of Homeland Security has issued an alert warning that computer networks connected to privately-owned natural gas pipelines are presently under cyber attack in an “intrusion campaign” that began…
Abundance of Methane Hydrates will Destroy the Oil Market
U.S. Department of Energy (DOE) Secretary Steven Chu contributed a statement to an announced breakthrough in research into tapping the vast fuel resource of methane hydrates that could eventually…
An Economic Analysis of Fracking
When people look at “fracking”—the production of natural gas through hydraulic fracturing techniques–they see different things. Critics see polluted wells, exploding houses, and earthquakes—an environmental disaster in the making. These…
A Few Easy Pointers to Increase our Energy Efficiency
I have described in a series of posts the efforts my wife and I have made to reduce our energy footprint on a number of fronts. The motivation stems from…
Egyptian-Israeli Natural Gas Agreement Now Officially Over
On 22 April Mohamed Shoeb, Egyptian Natural Gas Holding Company head said that his company unilaterally abrogated its contract to ship natural gas to Israel because of contractual obligations violations.
Methane Hydrate Production could Replace Fracking as Next Major Concern
The U.S. Department this week said it worked with ConocoPhillips and the Japan, Oil, Gas and Metals National Corp. on the extraction of natural gas from methane hydrate ice structures…
The Impossibility of Forecasting the Natural Gas Market
Let me start by admitting that the future of natural gas is especially difficult to predict. Commodity forecasting is always a pseudo-science at best. At times it seems that its…
