 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 169 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 15 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 22 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 22 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 22 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 22 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
Brent Could Climb to $95 as Bullish Sentiment Builds
In an increasingly bullish oil…
Traders Became More Bullish on Oil As Middle East Risk Surged
The crude oil net long…
The AI Revolution Has a Problem: Energy
On the one hand, artificial…
Energy
Bachmann's $2 Gas Price Promise - Naive or Dishonest?
Like many of you, I am often unhappy with our political leaders. One thing that annoys me the most is that many will say or do just about anything to…
Obama Shocks Oil Industry by Cancelling Exxon Mobil and Statoil Leases
Whatever one might think of the Obama presidency and the progress of the country or the direction the country is headed, the question is coming up more and more on…
Libya’s Post Gadhaffi Future - Who gets the Oil?
Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to…
Auto Giants Team Up to Develop Gas-Electric Hybrid System for SUVs
Vehicle manufacturers Ford and Toyota have partnered to develop a new gas-electric hybrid system for light trucks and SUVs. A memorandum of understanding has been signed between two unlikely partners. …
Canada's Environment Ministry Getting Tough with Coal Industry
Canada’s environment ministry has proposed tougher regulations for coal-fired power plants, but they do not go far enough to help the country achieve its greenhouse gas (GHG) emissions reduction targets,…
Crude Oil Analysis for the Week of August 22, 2011
October Crude Oil futures fell last week on perceptions that the economic recovery in the U.S. remains sluggish. As the week wore on, disappointing U.S. economic reports continued to reveal…
Natural Gas Analysis for the Week of August 22, 2011
Last week October Natural Gas rebounded from a 5-month low to close off the low. Despite the comeback on Friday, the trend remains down with no sign of a change…
Obama’s Energy Obstructionism Driving Oil Rigs Away From the Gulf of Mexico
“The Gulf Spill of 2010 may be remembered as much or more for the economic damage it did because of the Obama’s regulatory overreaction than for the environmental damage it…
A History of Oil and Gas in Southern Alaska
Before it was American, Russian visitors had already noted the presence of oil seeps in Alaska, although they had not done anything about it by the time the tsar…
Joint Chinese-Indian Oil Tanker Patrols Possible?
Aside from cost, the major problem for oil importing countries is getting the purchases safely home. Essentially, there are only two options – pipelines and maritime transport. Both are vulnerable…
What Aren't we Being Told About Peak Oil
Peak Oil will be one of the defining events of this century. Forecasts by professionals in energy-related fields fall in a large range between 2006 and 2025+, with most forecasts…
Falling Gasoline Supplies Push Crude Oil Futures Higher
Crude oil futures were up on Wednesday, trading close to a two-week high after industry data showed that U.S. gasoline supplies fell to the lowest level since June 2009 last…
The End of Growth: Peak Oil, Recessions and the End of the Fossil Fuel Economy
The issues we are confronted with today seem to be a subset of the issues foretold in the book Limits to Growth back in 1972. At some point, the…
Russia’s Arctic Oil Grab
Within the next year, the Kremlin is expected to make its claim to the United Nations in a bold move to annex about 380,000 square miles of the internationally owned…
The Psychology of Fuel Prices
Four-dollar diesel is an ugly thing–but not the ugliest of things. To grossly paraphrase John Stuart Mill, the state of moral feeling that thinks that government should “keep prices…
Why Renewable Energy Will Not be Saving us Any Time Soon
Summary: Optimists about energy give glowing forecasts of new technologies, often with wildly underestimated estimates of when when these can generate substantial fractions of our energy. In the real world…
Iran, Turkey and Azerbaijan - a pragmatic marriage of common interests
Pipelines and energy have an unsettling ability to shift regional geostrategic goal focuses, weakening the old traditional alliances and bringing new political groupings into existence. Nowhere is this more…
Why a Limited Supply of Cheap Oil is Pushing us Into Another Recession
People wonder what has been happening recently, with wildly gyrating financial markets and government debt problems. It seems to me that we are bumping up against an economic growth ceiling,…
Natural Gas Analysis for the Week of August 15, 2011
October natural gas futures bucked the trend of most commodity markets last week by posting a strong 2.75% gain to finish at 4.071. Technically the market posted a weekly closing…
Crude Oil Analysis for the Week of August 15, 2011
Following a volatile trading week which saw the October Crude Oil futures trade in 13.18% range, the market settled at $85.69, down $1.61 or 1.84%. The week started out with…
