 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 14 mins | 2.721 | +0.007 | +0.26% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 2 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 2 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 2 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Oil Moves Down on Crude Inventory Build
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Energy
Why Europe is Experiencing Higher Oil Prices than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
Factors that could make $5 a Gallon Gas the Norm
It is hard to miss the recent rise in gasoline (gas) prices in the United States, and the rumblings that it has generated in the national press. It is a…
Saudi Arabia and Iran Spar Over Pipeline Attack Claims
On 1 March, Iran’s state-owned Press TV carried a sensational story of “an explosion in Saudi Arabian city of Awamiyah in the east of the kingdom which destroyed the pipelines…
Are Oil Wells Recharging Themselves?
There have been numerous reports in recent times, of oil and gas fields not running out at the expected time, but instead showing a higher content of hydrocarbons after they…
Look for China to Take Lead in Shale Gas
There might be enough shale gas reserves in China to keep the country's energy needs quenched for the next 200 years, the natural resources ministry said. While Beijing said it…
Reasons Why Gasoline Prices are so High
Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer…
Is Bill Clinton in Hillary's Doghouse Over his Keystone XL Remarks?
Every husband has been there. It is not a good place to be. But when you are the former President of the United States and your wife is the current…
Natural Gas Analysis for the Week of March 5, 2012
There is not much to say about Natural Gas from a technical perspective. The weekly chart says everything. The main trend will change to up on the weekly chart when…
Crude Oil Analysis for the Week of March 5, 2012
Weekly April crude oil posted a potentially bearish closing price reversal top last week. This formation typically leads to a 2 to 3 week break equal to at least 50…
The Global Shipping Industry's Most Profitable Sector: LNG Shipping
Record demand for liquefied natural gas (LNG) has created a huge new global industry for the vessels that carry the fuel. And that has created huge profits for the biggest…
Hunger Strike Planned Against Alberta Crude
Students and staff at an elementary school near the western coast of Canada announced plans to wage a hunger strike to raise awareness about plans for an oil pipeline from…
Bill O'Reilly's Confused Approach to Solving High Gas Prices
Last week I was interviewed by Alan Colmes from Fox News Radio on the topic of gas prices. During the interview, he mentioned an idea that Bill O'Reilly has…
Cote d'Ivoire Look to Join the Oil Rich Neighborhood in West Africa
Cote d'Ivoire (“Ivory Coast” in English), is the world's largest producer and exporter of cocoa beans. What will the nation do with its newly discovered oil riches? Astronomers spend their…
GOP Should Claim Victory on Keystone XL
Canadian pipeline company TransCanada announced it was building a stand-alone section of the controversial Keystone XL oil pipeline to the southern coast of Texas. This in part addresses one of…
Thailand Moves Into Burma's Energy Market
Just when it seems that China has bought every energy asset on the planet, along comes Thailand’s PTT Exploration and Production Plc (PTTEP) to contest Beijing’s presence in one of…
Some Valuable Remarks About Oil and Speculation
Several nights ago I participated in a debate (arranged by Russia Today TV – 24-7 – CrossTalk, and transmitted internationally in English) in which I pointed out – on several…
Israel Mulls Indian Assistance in Developing Offshore Gas Fields
Israeli Minister of Energy and Water Uzi Landau, who is visiting India, met with Minister of Petroleum and Natural Gas Jaipal Reddy to discuss the possibility of Indian government energy…
Great Britain Close to Turning Corner on Energy
The British government announced that overall energy production last year was down 14 percent from the previous year. Oil and natural gas production both declined while low-carbon energy production grew.…
Which Fossil Fuel will Bridge the Gap to a Renewable Energy World?
Which of the following can we count on to act as a “bridge fuel” to a renewable energy economy? A. OilB. Natural GasC. CoalD. None of the above The correct answer…
Statoil, Exxon Find Natural Gas off Energy-Starved Tanzania
As foreign energy companies increasingly circle Africa seeking energy deposits, it would seem that the Magreb countries of northern Africa have the most developed natural gas deposits and western Africa,…
