 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 23 hours | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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India Ratchets Up Its Renewable Energy Installations
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Energy
The Real History of the Standard Oil Company - Part 2: The Beginning
[Editor Note: This five-part series by Mr. Epstein revisits the Standard Oil Trust controversy in this the 100th anniversary of the breakup of the Trust. Part I yesterday reviewed…
Sell Oil for a Stock Hedge
Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…
Natural Gas Prices and the Bottom of the Resource Triangle
Theoretically, we have a very large amount of resources of many kinds available–oil, natural gas, coal, uranium, gold, fresh water. There is a relatively small amount of high quality, inexpensive-to-extract…
Fundamentals, Speculation, and Oil Prices
I was in Washington DC last week, arriving right after the earthquake and getting out of town just before Irene, to attend a conference on commodity markets at the Commodity…
Unchecked Economic Freedom and The Real History of the Standard Oil Company - Part 1
[Author’s Note: This year marks the 100th anniversary of the Supreme Court ruling that found Standard Oil guilty of violating the Sherman Antitrust Act. As punishment, the world’s largest and…
Debt Forgiveness, Ancient Greece and Peak Energy
In the 6th century B.C. Athenians gave extraordinary powers to one man to make needed reforms that would deliver Athens from economic stagnation and the gradual enslavement of the lower…
Russia and China's Energy Dispute and the Struggle for Eurasian Dominance
China’s voracious appetite for energy from anywhere has led most oil-producing nations to attempt to feed the dragon, including Russia. But a curious situation has developed as regards Russian oil…
New Update for U.S. Natural Gas Supplies in the Marcellus Shale Formation
The Marcellus Shale formation that extends across eight U.S. states has a new estimate out from the US Geological Survey (USGS). The new estimate of the reserve was increased from…
Natural Gas Analysis for the Week of August 29, 2011
Natural Gas futures remained under pressure last week as traders assessed the potential impact of Hurricane Irene on supply and demand. The consensus is that after the hurricane passes, temperatures…
Brazil’s Rapidly Expanding Offshore Oil Industry
While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…
Low Carbon Strategies and Economic Growth
At the intersection of global energy depletion and concerns about human impact on the environment lie some serious and oft overlooked issues. Largely gone from our public discourse is the…
Crude Oil Analysis for the Week of August 29, 2011
October Crude Oil posted an inside week but still managed to close higher. The inside pattern often indicates impending volatility because of the compression of the daily ranges. Since the…
Obama’s Energy Starvation Policies Killing Even More Jobs
The most activist Department of the Interior in our nation's history is trying to change the rules and seize from Exxon Mobil one of the largest oil finds ever in…
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…
