Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | |||
Bonny Light • 19 hours | 75.43 | -0.25 | -0.33% | |||
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | |||
Mars US • 3 hours | 70.42 | -1.17 | -1.63% | |||
Gasoline • 3 hours | 2.593 | -0.020 | -0.75% |
Bonny Light • 19 hours | 75.43 | -0.25 | -0.33% | |||
Girassol • 19 hours | 78.21 | +0.01 | +0.01% | |||
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
Peace Sour • 18 hours | 65.54 | -1.24 | -1.86% | |||
Light Sour Blend • 18 hours | 66.84 | -1.24 | -1.82% | |||
Syncrude Sweet Premium • 18 hours | 75.79 | -1.24 | -1.61% | |||
Central Alberta • 18 hours | 65.14 | -1.24 | -1.87% |
Eagle Ford • 2 days | 67.77 | -1.24 | -1.80% | |||
Oklahoma Sweet • 2 days | 67.75 | -1.25 | -1.81% | |||
Kansas Common • 4 days | 62.00 | +0.00 | +0.00% | |||
Buena Vista • 8 days | 76.40 | +1.64 | +2.19% |
A team of scientists at…
After rallying on news that…
The Chicago Clean Energy project is a gasification plant which will produce synthetic natural gas from coal and petroleum coke. The facility will cost about $3 billion and is estimated to create more than $10 billion in economic output for the state of Illinois, 2,000 new jobs, and $1.25 billion in tax revenues.
The natural gas produced will equate to about five percent of Illinois’ annual demand, and provide a fuel source to be used in power plants which is 99 percent cleaner than that used in conventional power plants.
The project will also include a carbon capture system intended to trap 85 percent of the carbon dioxide produced during the gasification process; making it one of the cleanest facilities in the world.
By producing natural gas locally, Chicago energy consumers are expected to save more than $1 billion over the next 30 years.
By. Charles Kennedy of Oilprice.com
U.S. Gasoline Prices Are Set For A Significant Decline
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I suspect before, and that this plant will end up being a white elephant for the tax payers while enriching a few well-placed industrialist speculators who are right now hoping nobody reviews their numbers in light of the current natural gas glut which is projected to continue for the foreseeable future....