 |
Louisiana Light • 1 day | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.716 | -0.019 | -0.68% |
|
Bonny Light • 1 day | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 1 day | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 1 day | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 10 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 10 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 10 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 10 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 1 day | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Weak Diesel Prices Reflect Global Economic Slowdown
Diesel fuel production has ramped…
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Carbon Price Crash Threatens EU Transition Funds
Earlier this year, the price…
Energy
Another Massive Natural Gas Resource Becomes Available
There is a huge reserve of natural gas already discovered, waiting for use and distributed worldwide. The reserves are simply natural gas that is naturally formed with other gases, mostly…
Forget Libya, The Smart Money is Eyeing Developments in Saudi Arabia
The smart money has their eyes on Saudi Arabia. Will the protests there turn ugly?All the drama seen on the streets, from the unnecessary deaths to Muammar Gadhafi’s rhetoric…
Clean Energy Commodities: The Answer to Middle Eastern Oil
Many of the great declines in the stock market over the past 30 years have been related to oil (United States Oil (USO)). This week we have seen the major…
Libya's Role in World Oil Production, Past and Future
Libya is a relatively new country, having declared independence in 1951. For the last 39 years, the country has been ruled by a single man, Colonel Muammar al-Gaddafi. Over the…
Nomura: $220 Oil Possible if Libya and Algeria Halt Oil Production
Forget the biggies. If just Algeria and Libya were forced to stop production, oil could rocket to $220.That's according to Nomura (via ZeroHedge): We have identified three distinct…
The True Cost of High Oil
Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last…
Why a Stable Libya is So Important to OPEC and World Oil Production
We keep hearing about unrest in the Middle East and Northern Africa, with Libya being the latest country to get top billing. Why all of the concern, especially related to…
Global Energy Briefs
Iran-Pakistan Pipeline Construction Suspended Though no reason has been given, Iran has announced that construction of the Iran-Pakistan natural gas pipeline has been suspended and will tentatively be resumed in…
Floating Crude and Shipping Rates Could Trigger $4 Gas
Is $4 Gas in the Next few Months a Foregone Conclusion For years there has been a large supply of crude floating on big oil tankers. A significant portion of…
Georgia to Have Russian Company Finance Sale of Shares in State-Owned Power Company
Despite their ever-sour relations and the recent short war they fought over the breakaway region of South Ossetia, Georgia is planning to have the majority Russian shareholder in its state-owned…
Historical Insights into the Dark Side of Coal
I have a special emotional relationship with Telemaco Signorini's painting "The Riverbank." The area shown in the panting has changed very little from the time when the painting was made…
Why are WTI and Brent Prices so Different?
We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest…
The Natural Chaos of Climate
Earth's climate is driven by ongoing cycles on many levels. When natural resonant cycles overlap -- at whatever level -- they can contribute to a chaotic pattern.
Investors Unconcerned with Chevron's $8.6 Billion Pollution Fine
An Ecuadorian court has a slim chance of enforcing an $8.6 billion pollution fine against Chevron, according to one lawyer, and investors seem unconcerned with the development. On Monday, a…
The Resurrection of Peak Oil
It has been a long wait for “peak oilers,” whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This…
Carbon Emissions Could Cost $8 Trillion Over the Next 20 Years
The economic cost of carbon emissions over the next 20 years could amount to $8 trillion, according to a study by investment consultants Mercer. This is what will happen if…
Realignment in Oil Pricing Could Dramatically Effect Energy Stocks
The historic disconnect between West Texas Intermediate, the global oil benchmark traded at the Chicago Mercantile Exchange(CME), and Brent crude oil, the relative "upstart" traded at the IntercontinentalExchange(ICE), is more,…
Can Zero Point Energy Gain Credibility?
There is a lot of activity in Zero Point Energy around the world. In the U.S. it remains an oddball or unscientific field. In other places the science is taken…
Egypt’s Declining Oil Fields Lead to Growing Reliance on Natural Gas
Current events in Egypt and throughout the Arab world have captivated world attention and with good reason — in 2009, Arab nations exported approximately 17 million barrels of oil and…
A Look at Oil Shale
Oil shale, which is an organic-rich fine-grained sedimentary rock, contains significant amounts of kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be extracted. Kerogen requires…
