 |
Louisiana Light • 3 days | 78.61 | -1.95 | -2.42% | ||
|
Bonny Light • 2 days | 81.28 | +1.10 | +1.37% | ||
|
Opec Basket • 3 days | 85.00 | +1.11 | +1.32% | ||
|
Mars US • 29 days | 79.71 | -2.05 | -2.51% | ||
|
Gasoline • 24 hours | 2.121 | -0.055 | -2.51% |
|
Bonny Light • 2 days | 81.28 | +1.10 | +1.37% | ||
|
Girassol • 2 days | 81.92 | +1.12 | +1.39% | ||
|
Opec Basket • 3 days | 85.00 | +1.11 | +1.32% |
|
Peace Sour • 2 days | 59.71 | -1.90 | -3.08% | ||
|
Light Sour Blend • 2 days | 63.56 | -1.90 | -2.90% | ||
|
Syncrude Sweet Premium • 2 days | 68.16 | -1.90 | -2.71% | ||
|
Central Alberta • 2 days | 61.71 | -1.90 | -2.99% |
|
Eagle Ford • 3 days | 72.44 | -1.90 | -2.56% | ||
|
Oklahoma Sweet • 3 days | 72.00 | -2.00 | -2.70% | ||
|
Kansas Common • 6 days | 65.00 | -0.75 | -1.14% | ||
|
Buena Vista • 4 days | 83.98 | +1.45 | +1.76% |
Will the Green Energy Stock Crash Continue Next Year?
In the latest Bloomberg MLIV…
Houthi Tanker Seizures Could Reignite the War Premium in Oil Markets
The war premium for oil…
Brazil Eyes Major Oil Output Boost Despite Environmental Concerns
Brazil, led by state-owned Petrobras,…
Energy
Peak Oil, Cheap Oil and Stagflation
America is addicted to oil. We deem it a constitutional right to drive Hummers and have $4 a gallon gasoline. But there is an Achille’s heel to our lifestyle—oil is…
Scientists Develop More Efficient Way to Extract Oil from Oil Sands
Oil sands represent approximately two-thirds of the world’s estimated oil reserves. Canada is the world’s major producer of unconventional petroleum from sands, and the U.S. imports more than one million…
Move Aside Ethanol - Compressed Natural Gas is a Better Gasoline Replacement
Ethanol is finally getting the bad press (1) (2) it richly deserves. Cracks are even beginning to appear in its once-solid support on Capitol Hill. In April, the…
Long Term Prospects for Uranium Industry Still Strong
Japan consumes about 8 to 12 percent of the world’s uranium supply, depending on which source you reference. Of course, nearly a dozen of the country’s 55 nuclear plants…
Reducing America’s Reliance on Foreign Oil
The high price of oil won’t have passed you by if you’ve had to fuel your car or your home boiler recently, and the values of oil exporters’ currencies are…
High Commodity Prices and, in Particular, High Oil Prices are Deflationary
As the European Central Bank (ECB) prepares to raise interest rates to prevent inflation, the bank cites rising commodity prices, particularly oil prices, as a sign of that inflation. What…
The Harsh Reality of Fail Safe Engineering
As I have said many times, all of our energy options require trade-offs. I can’t think of any that don’t have some negative consequences and risks associated with their production…
Peak Oil Confronts Peak Idiocracy: What to Do?
Political restrictions on international oil drilling by OPEC, Russia, and other national oil companies and dictatorships is driving international companies to drill in more extreme environments. Extreme offshore drilling is…
Oil Price Development from the Perspective of the Austrian School of Economics
Austrian School opens up new angle on oil price development. In our Oil Report 2010 we analysed the development of the oil price for the investors for the first time…
Even More Natural Gas on the Way
Sometimes you have to wonder, how did so much energy get packed away in the earth’s crust? Even with tens of millions of years, moving continents, a series of biological…
Update on Libyan Oil Production
The trajectory of Libyan oil production remains concerning. Estimates of current shut in production vary from a low of 500,000 barrels/day (b/d) to over 1 million, from a total production…
Syngas: Vaporizing Waste into Fuel
In the constant push to make greening technology not only effective but also profitable, one US company is taking advantage of a Japanese-pioneered innovation: using souped-up plasma torches to vaporize…
Peak Oil – Scaremongering or Soon Reality?
As pointed out in previous reports we think that the maximum global production of conventional oil could soon be reached. There is no doubt that peak oil is more than…
How to Live in a World with Declining Oil Production
We don’t know precisely how oil supply will work out, but if it declines quickly, we need to think about how we can deal with such an outcome. A quick…
Current Oil Prices are Simply a Money Grab and Fear Trade
Oil is selling higher than it should do. Speculation is just one of the reasons, but a significant one. After being bailed out, pardoned for their crimes, and otherwise given…
High Oil Prices are Not here to Stay
One hundred dollar oil sends a shiver through the economy. One hundred ten dollar oil gets consumer reactions. If oil prices stay climbing the consuming economic players will respond with…
Spread Between WTI and Brent Should Decrease in the Medium Term
The spread between WTI (NYMEX) and Brent (ICE) has seen a drastic widening recently. Historically speaking, WTI tends to trade USD 1.30 higher, but currently Brent exceeds WTI by USD…
What will Saudi Arabia do?
One key question in determining the impact of instability in Libya and elsewhere on world oil markets is how much other countries can and will increase production to offset the…
China's Five Year Energy and Emissions Plan
China has set conservative targets for reducing energy use and cutting carbon emissions in its 12th five-year plan – and will reveal the policies to achieve them next week. Chinese…
Will Oil Price Increases Trigger the Next Recession?
The following chart illustrates the global economic slump in 2008. The Baltic Dry index is the benchmark index for global freight rates of bulk goods (among others iron ore, copper,…
