 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 3 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
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CNOOC Offers up Oil and Gas Blocks Near Disputed Waters
China’s state-owned CNOOC is preparing to auction off oil and gas blocks to foreign companies near disputed waters claimed by Vietnam and Japan. In a second round of auctions…
How the Obama Administration Helped Revive the U.S. Auto Industry
The Obama administration is about to promulgate fuel-economy and carbon-pollution limits for 2017 to 2025 model cars. These essential standards will reduce oil use, save families money from lower gasoline…
Networked Energy: Transforming the U.S. Electrical Grid
Constructive national debate on energy policy in the United States has ground to a standstill despite broad political and economic consensus on the urgency of energy innovation. The American people…
Chavez Plans to Double Venezuelan Oil Output to 6 Million bpd by 2019
Even the detractors of Venezuelan President Hugo Chavez have never accused him of thinking small. Chavez is currently running for re-election in Venezuela’s upcoming presidential election, scheduled for 7 October,…
U.S. Energy Policy Debate too Myopic
Brazilian state oil company Petrobras last week announced it encountered a 984-column of hydrocarbons in an offshore field just days after boasting of a new discovery off the coast of…
What’s Missing in the Romney Energy Plan?
“An affordable, reliable supply of energy is crucial to America’s economic future. I have a vision for an America that is an energy superpower, rapidly increasing our own production and…
Humanity's Need for External Energy
Strange as it may seem, humans seem to have evolved in a way that we have a need for external energy, such as energy from burning wood or fossil fuels.…
Dipping into US Strategic Oil Reserves: A Speculator's Bonanza
The White House is keeping the rumor-mill afloat with hints that it may draw from US strategic oil and petroleum reserves, watching the market respond on the speculation with a…
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Pity the poor Indian electrical consumer. During a torrid summer, an electric grid failure in India on 30-31 July resulted in the world's largest blackout, affecting more than 600 million…
The Underlying Causes of Oil Price Fluctuations
After oil and gasoline prices continued their relentless march up earlier this year, it was nice to have some relief at the pump in May and June. However, since the…
Romania and Russia, Sparring over Energy
Geography has a major impact on energy issues. Pipelines and energy imports frequently have massive influence on the relations of neighboring states, none more so than those between the Russian…
Turkey's Genel Energy Takes Gamble in Iraq
The top executive at Turkish company Genel Energy announced a deal with Heritage Oil increased its stake in the Miran exploration block in the Kurdish north of Iraq. The block…
The Truth About Gasoline Price Volatility
Nothing infuriates Americans more than volatile, spiking gasoline prices. Often the causes given for gasoline price hikes seem contrived. Iran and Israel trade harsh words in press reports and before…
Why I Love/Hate the Oil Companies
With oil (USO) getting ready to take a run at $100 a barrel once again, the first thing I do when I get up every morning is to curse the…
The Oil Sector has Been Pushed to the Limit of its Capabilities
Leonardo Maugeri’s recent paper Oil: The Next Revolution on the presumed future abundance of oil supplies rejects the pessimistic outlook of limited increases in oil capacity over the next decade.…
Ethiopian PM's Death Brings Uncertainty and Opportunity
The death of Ethiopian Prime Minister Meles Zenawi after a lengthy illness on 20 August could have the effect of temporarily stalling the country’s grand five-year plan and slowing the…
Grid Power and the Death of the Automobile
India’s recent series of power blackouts, in which 600 million people lost electricity for several days, reminds us of the torrid pace at which populations in the developing world…
Shale Growth in other Nations: How Realistic is it?
American leadership in developing horizontal drilling and hydraulic fracturing used in shale oil and gas plays is spreading around the world making it possible to extract previously uneconomic oil and…
How the U.S. East Coast Just Dodged an Oil Supply Shut-Down
Last September, Sunoco and ConocoPhillips announced they would both close their Pennsylvania oil refineries. Roughly 330,000 barrels of oil are supplied through the Sunoco refinery in Philadelphia... every…
Venezuela Ramps up China Oil Exports Unsettling Washington
The biggest geostrategic change of the past decade overlooked by Washington policy wonks in their fixation on their self-proclaimed “war on terror” is that Latin America has been throwing off…
