 |
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% |
China's Global Economic Dominance Begins to Wane
China's share of the global…
Why Gasoline Prices Fall Almost Every Year Between August and November
The underlying price of oil…
U.S. Oil Drillers See More Gains As OPEC+ Agrees to Cut Production
The total number of active…
Energy
China and Brazil Leading Energy Infrastructure Investments in Latin America
Colombia’s announcement that China plans to build a railroad to serve as a canal alternative received widespread media coverage last month. However, the proposal is simply the most high profile…
Oil Reserves, Fracking and Gap Oil
Oil production is somewhat confounded by the reference more lately to “liquids” rather than “oil”, which includes hydrocarbons that are recovered, sometimes in great quantity, from natural gas wells, which…
Oil Production Fears Increase as Unrest Spreads to Oman
There are reports that the unrest in the Middle East has spread to the Sultanate of Oman. While at the moment there have been only one or perhaps two deaths,…
Methane Bonanza: What To Do With All the Gas?
A wealth of unconventional methane is exploding onto the energy scene, much to the dismay of dieoff doomers, Russian energy tsars, and carbon hysterics. But what is the world to…
Are Fossil Fuels Necessary for our Future Civilization?
Most people imagine the future to be a place of plenty where energy is abundant and cheap, where every door is an automatic door and, most important, all of the…
Why Oil Will Peak on Friday
Texas tea has undergone the perfect storm over the past month, with the Middle Eastern dominoes falling one by one. It was the worst case scenario times five, and all…
Oil Prices are Heading Higher as Middle East Troubles are Far From Over
“there’s so much unrest that one can actually sense or imagine unknown nano-particles of rage colliding in mid-air...” (Source: a private person who screens Middle East media for me and…
Peak Oil, The Middle East and Western Civilizations Sandy Foundations
Political tensions in the Middle East once again remind us of the fragile dependency of the Western nations on imported petroleum, which have driven the price of a barrel of…
Are Electric Planes the Future of Aviation?
During an average week, I will see a few ideas that at first glance appear to be a little crazy. On second glance, some of them still seem crazy, but…
The Largest Risk to the US Economy Today is an Oil Shock – Awareness of this Risk is Minimal
Steve Kopits, Managing Director of Douglas-Westood consulting firm, made a presentation called “Oil, the Economy, and Policy” to the US House of Representatives Energy Subcommittee recently that I thought was…
Obama Attempting to Talk Down High Oil Prices
Civil war in Libya. A regime change in Egypt. Growing unrest in Bahrain and Yemen. Protests in Iran. And growing anxiety over the contagion of civil uprising in places like…
Could a Variable Oil Tax Make this the Last Oil Price Shock?
It must be Groundhog Day. Events in Libya have pushed world oil prices over $100 a barrel yet again. Retail gasoline prices, usually low this time of year, are at…
Crude Oil Price Hits $120
Crude oil from the “light end of the barrel” hit $120 this morning. Forget what Bernanke and the MSM are telling you. They keep showing the WTI price. Even supposedly…
Despite Huge Resources Only a Small Amount of Oil is Recoverable
The world holds a huge amount of oil resources. Besides liquid oil, there is very heavy oil in various forms. There is also liquid oil trapped in oil shale, oil…
At Least One Eurozone Country Will Default if Brent Crude Rises to $150 a Barrel
If the price of Brent crude oil surges to $150 a barrel, one eurozone country will default and the whole region will fall into recession, according to Marie Diron of…
Chesapeake Selling off Shale Gas Assets: What Happened to Cheap and Abundant Gas?
Only two years ago Chesapeake Energy Corp. president Aubrey McClendon was telling us about the limitless future of natural gas in North America. It was going to free us from…
$100 Oil and the Economy – Is the Worst Behind Us?
Some folks look at the $100 oil price and conclude that it has stabilized and that everything will be OK. They argue one can now sell the oil stocks and…
A Detailed Look at Urban Energy Consumption
Everyone knows that it takes energy to produce anything. The energy used in mining, transport, processing, manufacturing, delivery, and disposal is “embodied” in every product we consume, from food to…
Oil Supply Disruptions in The Middle East Now Becoming Evident
The impacts of the disruptions in the Middle East are now starting to become evident as supplies no longer flow into the delivery pipelines that carry fuel from countries such…
The Failure of U.S. Politicians to Open electricity and Other Energy Markets
Over the last century, U.S. politicians have formulated policies favoring monopolies and their affiliates and friends, while picking winners and losers, often favoring higher-cost technologies, causing consumer and taxpayer rip-offs,…
