 |
Louisiana Light • 2 days | 83.17 | +0.44 | +0.53% | ||
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% | ||
|
Mars US • 197 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 19 hours | 2.574 | +0.036 | +1.43% |
|
Bonny Light • 1 day | 83.46 | +0.46 | +0.55% | ||
|
Girassol • 1 day | 84.84 | +0.60 | +0.71% | ||
|
Opec Basket • 2 days | 83.30 | +0.35 | +0.42% |
|
Peace Sour • 1 day | 71.94 | +0.58 | +0.81% | ||
|
Light Sour Blend • 1 day | 74.99 | +0.58 | +0.78% | ||
|
Syncrude Sweet Premium • 1 day | 81.94 | +0.58 | +0.71% | ||
|
Central Alberta • 1 day | 72.34 | +0.58 | +0.81% |
|
Eagle Ford • 2 days | 75.71 | +0.60 | +0.80% | ||
|
Oklahoma Sweet • 2 days | 75.75 | +0.75 | +1.00% | ||
|
Kansas Common • 2 days | 69.50 | +0.50 | +0.72% | ||
|
Buena Vista • 3 days | 83.26 | +0.61 | +0.74% |
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Kenya Must Get it Right With Oil
Last month, Kenya declared that oil was discovered off its coast for the first time. Nairobi expects explorers to invest at least $40 million in the country and dozens of…
Keystone XL Takes Center Stage in Maine(?)
Maine lawmakers last month quietly passed a non-binding resolution backing the controversial Keystone XL oil pipeline. The pipeline has become political fodder during the U.S. presidential campaign season and the…
Is Oil Smuggling and Organized Crime the Cause of Greece’s Economic Crisis?
Oil smuggling is embedded into the social, political and economic fabric of Greece, with annual revenues generated from illegal fuel smuggling reaching €3 billion euros as of 2008, and some…
End Game for Hugo Chavez, What Next for Venezuela?
The current health of Venezuelan President Hugo Rafael Chavez can best be described as parlous. The health of the leader of Latin America’s self proclaimed Bolivarian revolution has enormous global…
Ford Looks at Increasing the Quantity of Ethanol in Fuel
A team of researchers from Ford Motor Company are asserting in a paper published in the journal Fuel that “substantial societal benefits” would arrive for consumers by using higher volume…
Cheaper Gas for your SUV, Wade through the Politics
Gas will play a significant role in the November election in the United States, and though there has been a recent gain in biofuels that could lead to some
Why America's Missing Out on the Billion-Dollar Global LNG Game
The fast-growing Liquid Natural Gas (LNG) market is creating serious wealth around the world. So who is profiting the most right now – and who will profit most…
Eni's Strategy in Libya Raises Eyebrows
Italian energy company Eni revealed that, in 2011, it received a subpoena from the U.S. government regarding its operations in Libya from 2008 to 2011. The subpoena, Eni said, was…
U.S. Corn-Ethanol Gas Push: Small Step in a Grand Project
As efforts to reduce US dependence on foreign fuel imports gain momentum, along with soaring gas prices, the federal government is moving towards allowing the wide distribution of gasoline mixed…
Elgin Gas Leak Presses London on Transparency
A looming natural gas disaster off the coast of Scotland prompted the British government to address transparency issues regarding oil and natural gas leaks in its territorial waters. Eight months…
What Happens if Iran Doesn't Back Down?
If an embargo is successful in preventing Iran from selling a significant amount of oil on the world market, what would replace it? On Friday the White House released…
Sofia Winning the European Energy Game
The Bulgarian government finally divorced itself from the Belene nuclear power plant after dumping almost a billion dollars into the project. The decision was expected given Sofia's new-found reluctance to…
In Search of Big Oil Backing Romney Blames Obama for High Gas Prices
After his wins on Tuesday, Mitt Romney is clearly the Republican standard bearer in the 2012 election, and he is already flailing about attempting to find some mud to throw…
Why the US Cannot Extract Most of its Oil Reserves
People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to…
China Plays Politics with Rare Earth Elements
The race to control and discover rare earth (RRE) minerals whose production plays a significant role in modern warfare equipment and consumer electronics is on as the US, EU and…
In Major Policy shift, Turkey to Buy Libyan Crude to Replace Iranian
Washington’s attempts to corral recalcitrant nations to support increased sanctions on Iran by boycotting their oil exports have seen a number of countries effectively ignore the U.S. pleas, including China…
How to Solve our Sustainability Problems
We live in a world with very limited solutions to our sustainability problems. I often hear the view, “If we would just get off fossil fuels, then our society would…
FARC Steps Up Attacks on Colombian Energy Infrastructure
After a lull since 2008, the Revolutionary Armed Forces of Colombia have resumed attacks on Colombia’s oil infrastructure, launched 14 attacks this year alone on a major pipeline run by…
Iran, Oil Prices and Gambling with the World Economy
The White House last week acknowledged problems in the global oil market but said the situation was secure enough to move ahead with tighter sanctions against Iran. President Obama said…
Exploring the Witch Hunt Against Hydraulic Fracturing
Natural gas production, from hydrocarbon rich shale formations, known as “shale gas,” is one of the most rapidly expanding trends in onshore oil and gas exploration and production today. A…
