 |
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% |
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Unseemly Scrabble for Libya’s Post-Gaddafi Oil Assets Underway
While NATO members, led by France, piously proclaimed at the onset of their military offensive in Libya that their concerns were solely humanitarian, a covert tussle to gain a commanding…
DOD Releases Energy Consumption Report for 2010
Finally, the Office of the Deputy Under Secretary of Defense (Installations and Environment) released the DOD’s Annual Energy Management Report for Fiscal Year 2010. This report focuses on energy used…
The Green Climate Fund is Destined for Failure
The Green Climate Fund (GCF), designed to channel $100 billion a year in climate-related investment to the developing world by 2020, is destined for failure, according to Bloomberg New Energy…
So Much for the Polar Bears - Arctic Drilling to Begin
The “good” news for wildlife around the Arctic Circle is that BP, renowned despoiler of the Gulf of Mexico, will not be coming. BP’s 2010 Deepwater Horizon oil spill…
Transitioning to a Sustainable Economy is the Way Out of Crisis
S&P, in downgrading the USA, made the right call for the wrong reason. Keynesians like Jeffrey Sachs see this but need to go even further: the developed world will come…
Electric Cars Losing their Appeal in China
A debate raging largely behind closed doors among members of China’s ruling élite mirrors a wider debate that has been gathering steam this year: the viability of electric vehicles, at…
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…
