 |
Louisiana Light • 1 day | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.725 | +0.011 | +0.41% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 1 day | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 1 hour | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 1 hour | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 1 hour | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 1 hour | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 1 day | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 1 day | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
U.S. Crude Production To Decline In 2024 As Shale Activity Stalls
Analysts from Standard Chartered have…
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Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance
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Energy
Good Day for Oil and Gas Companies as US East Coast Officially Opens for Drilling
On wednesday, the Obama administration announced comprehensive new regulations on offshore oil and gas drilling. Potentially opening some significant new acreage previously off limits to the petroleum industry. Under the…
U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate
President Barack Obama’s move to lift a moratorium on new offshore drilling leases and to designate further areas for exploration won’t produce much oil in the near future, but is…
OPEC Adding to Capacity Amid Concern Supply will Dampen Oil Prices
OPEC member countries have resumed work on 35 new projects that will increase production capacity by 5 million barrels a day, adding to concerns that the increasing world capacity will…
EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists
The latest draft of European Union fuel standards appears to mark a lobbying victory for the Canadian oil industry because it drops tighter restrictions originally envisaged for crude oil derived…
Demand from India Reshaping the Global Coal Market
Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for the global coal market. With in-country…
Flaws in Weekly EIA Inventory Reports
"The numbers in this report can't be right -- and yet the market is reacting to them!" -- there's a complaint we've heard so many times about USDA reports, but…
Shell's China Connection Grows Stronger with Another New Gas Venture
Royal Dutch Shell further intensified its relationship with China in a new 30-year accord to appraise and develop tight gas reserves in the Sichuan basin. The new project in the…
Oxford Study Sparks New Round of "Peak Oil" Debate
The debate about “peak oil” flared up again following a new report from Oxford University claiming that conventional oil reserves are inflated by a third and that added reserves from…
Politics and Peak Energy - Have we Reached the Tipping Point?
Economic success, growth, and an affluent (happy) consumer lifestyle directly depend on an abundance of inexpensive energy. Conversely, the quantity and type of energy consumed can have a very adverse…
As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale
The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids…
The U.S. No Longer Controls the Price of Oil in a Peak Oil World
Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…
Oil Sands Potential for Energy Security
The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…
Happy 50th Anniversary Year OPEC
On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy. I have decided to send…
Where will Natural Gas Prices Go Now That Inventories Have Been Drawn Down
Mother Nature's been good to the North American natural gas sector. Not only did she gift several massive shale gas plays over the last few years. She also…
Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 2)
As T. Boone Pickens is touting, we could replace one-third of our dependence on oil within just a few years with natural gas if we would simply embrace the alternative.…
Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 1)
If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the…
Crude Prices Stagnate Amid Doubts About Global Demand
Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…
DOE Stimulus Grant Throws Spotlight on Growing Need for Energy Storage
A new stimulus grant of $100 million from the U.S. Department of Energy that includes support for grid-scale energy storage projects is the latest sign of the growing need to…
Shell, PetroChina bid for Australian coal gas producer as Asia seeks energy resources
PetroChina joined with Royal Dutch Shell in a bid for Australian coal-seam gas producer Arrow Energy as Asian countries scramble for a stake in the vast energy resources at their…
There Will be No Economic Recovery as the Era of Cheap Oil Comes to an End
a href="http://www.businessinsider.com"> When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet…
