 |
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 • 2 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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Dramatic Shift in the Peak Oil Debate
If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"…
Does Charging for Electricity Provide an Effective Incentive for Conservation?
Economists can't always conduct controlled experiments to test hypotheses about public policy, but sometimes experiments occur naturally. New York City electric rates provide an example. About 1.75 million New York…
Peak Oil and Limits of the Hubbert Model
The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level…
2010 Crude Oil: 50 Billion Barrels Discovered, 30 Billion Barrels Used
With the price of oil hovering above $70 a barrel for over a year -- and around $90 a barrel for several weeks -- oil exploration companies can get to…
“Energy Man” Now Defines Modern Society, and Strategic Planning Must Reflect This
Energy has now become literally a component, an organ, of the human being in modern society. Energy dependence/capability — now a fundamental trait of modern human logic and survival…
Rising Oil Prices and Municipal Bond Defaults
I have written quite often saying that rising oil prices can be expected to lead to debt defaults. For a while, some of this was hidden through lower oil prices…
Venezuela’s Oil Industry Hurting Despite Huge Reserves
Jorge Pinon, an energy expert at Florida International University in Miami, said that Venezuela's state oil company has suffered from a lack of adequate technology and investment, hurting oil output…
Oil Shale Mining and Research Picking Up Steam
Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…
Declining Crude Oil Production and Incorrect Energy Data
The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…
Who, How and Why: $140 Oil and $5 Gas
According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days." On or about that same date, the price of oil in the United States…
EU Officials in Visit to Azerbaijan to Secure Natural Gas Supplies
Top European Union officials, including European Commission President Jose Manuel Barroso and Energy Commissioner Guenther Oettinger, are due to open a visit to Azerbaijan today as part of efforts to…
Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands
Canada is the biggest supplier of oil imports to the United States. Increasingly, those imports come from its vast reserves of oil sands. Is the growing U.S. dependence on Canadian…
The First Oil Shock
A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed…
A Climate Model for the Year 3000
The art of prediction is one that often fails and only the test of time will show who is right and who is wrong. Climate models use quantitative methods to…
The Hype Surrounding Peak Coal
Lately there has been a mild, but growing, level of hype about the coming epoch of peak world coal extraction. As with any other non-renewable resource, the amount of coal…
When Will Offshore Drilling Make a Comeback
Offshore drilling typically refers to the discovery and development of oil and gas resources which lie underwater. Most commonly, the term is used to describe oil extraction off the coasts…
EU Prepares to Approve €1 Trillion Master Energy Plan
INCIDENT: Towards the end of last year, the European Commission presented its new energy strategy for the next decade, calling for investment of €1 trillion in the EU’s energy network,…
Cost Cutting Led to the Gulf Oil Disaster
A U.S. presidential panel has concluded that energy firm BP and its partners made a series of "systemic" cost-cutting decisions that led to the oil spill that polluted the Gulf…
Energy Efficiency Stocks Favored by Analysts for 2011
Analysts and investors predict last year’s gloom for clean-tech stocks will continue in 2011, with few expectations that renewable energy share prices will recover – but energy efficiency is once…
U.S. Coal Industry Suffering from Low Natural Gas Prices and Environmental Opposition
The Washington Post has announced that in 2010, not a single new coal-fired power plant was constructed in the United States. This marks the second year in a row in…
