 |
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 • 18 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 • 1 day | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 day | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 day | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 day | 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% |
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Energy
Is Peak Oil Slipping Backwards to the Year 2060 and Beyond?
“The estimates for how much oil there is in the world continue to increase,” according to William M Colton, Exxon Mobil’s vice president for corporate strategic planning. “There’s enough oil…
Exxon’s Hunt for Oil in the Black Sea
The quest for oil is an ever on going saga of the modern age. US-based ExxonMobil, the biggest privately-controlled oil company in the world, will make a new investment in…
Geopolitical Unrest and World Oil Markets
Change is on the way in the Arab world, with Egypt the latest focal point. Here I review recent events and their implications for world oil markets.
Model, Model: Who’s Got an Oil Market Model
I had hoped to give a provocative lecture on the economics of nuclear energy at the forthcoming international meeting of the International Association for Energy Economics in wonderful summer Stockholm,…
Oil Price Could Doom Obama
Like death and taxes, the price of oil is always with us. And like taxes, it may be President Barack Obama’s worst nightmare at election time next year. Among forecasters,…
Emerging Economies Lead in Energy Research and Development
Six major emerging economies, the 'BRIMCS' countries (Brazil, Russia, India, Mexico, China and South Africa), invest more in energy research and development (R&D) than a large group of developed countries,…
BP Predicts Massive Growth in Carbon Emissions by 2030
Global policy and technology efforts aimed at reducing emissions are not doing enough to set the world on a safe carbon path, according to BP, which predicts global emissions in…
EU Gives Green Light to Turkmenistan Gas Agreement
The European Parliament has given its initial green light to a partnership agreement with gas-rich Turkmenistan, aimed at bringing the Central Asian country closer to the European Union. But the…
Extreme Offshore: The Hunt for Hard to Find Crude
Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve…
Energy and Environment in the Barack Obama–Hu Jintao Meeting
A number of events during President Hu Jintao’s visit to the United States will underscore that the energy dialogue between the United States and China continues to be a key…
An In Depth Look at Coal
The energy we get from coal today comes from the energy that plants absorbed from the sun millions of years ago. All living plants store solar energy through a process…
Big Coal’s Political Contributions to Congress Pay Off
As President Obama makes ever clearer his incomprehensible desire to do even more for the corporate sector than he has already, one industry that will certainly be reaping rewards is…
Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production
While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…
An Invaluable Reminder about Electric Deregulation
This short paper borrows from my forthcoming energy economics textbook (2011), and consists of a part of the lecture that I once desperately wanted to present at either the Stockholm…
Preparing for Life in a Peak Oil World
We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…
A Recent History of Oil Prices ... History About to Repeat Itself?
The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic…
Generating More Fuel from Less Crude Oil
The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…
How Many "Bakkens" Will Be Found?
North Dakota's Bakken shale oil deposits were supposed to have only 4.3 billion barrels of proven reserves. But that number keeps rising -- as do the production numbers from Bakken…
China’s Discovery Boom: Large Oil and Gas Fields Detected Offshore
Chinese geologists have detected "super-thick" oil and gas-bearing stratums in the northern part of the South China Sea and identified 38 offshore oil and gas-bearing basins, a senior official said…
Despite High Oil Prices Venezuela Falling Further into Debt
Petro-dictatorships typically boom and bust with the price of oil, so you'd think that Venezuela would be riding high right now. But a new report from Morgan Stanley presents a…
