Louisiana Light • 1 day | 72.39 | +1.98 | +2.81% | |||
Bonny Light • 1 day | 74.02 | +1.66 | +2.29% | |||
Opec Basket • 1 day | 72.79 | -0.28 | -0.38% | |||
Mars US • 18 hours | 69.50 | +2.01 | +2.98% | |||
Gasoline • 10 mins | 2.485 | +0.049 | +2.00% |
Bonny Light • 1 day | 74.02 | +1.66 | +2.29% | |||
Girassol • 1 day | 75.63 | +1.53 | +2.06% | |||
Opec Basket • 1 day | 72.79 | -0.28 | -0.38% |
Peace Sour • 10 hours | 64.35 | +2.01 | +3.22% | |||
Light Sour Blend • 10 hours | 65.65 | +2.01 | +3.16% | |||
Syncrude Sweet Premium • 10 hours | 74.60 | +2.01 | +2.77% | |||
Central Alberta • 10 hours | 63.95 | +2.01 | +3.25% |
Eagle Ford • 1 day | 66.58 | +2.01 | +3.11% | |||
Oklahoma Sweet • 1 day | 66.50 | +2.50 | +3.91% | |||
Kansas Common • 2 days | 58.25 | -1.50 | -2.51% | |||
Buena Vista • 10 days | 76.15 | -1.09 | -1.41% |
Norway’s $1.4 trillion wealth fund…
Russia’s crude oil exports dip…
James Burgess
James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…
The National Guard has been asked by Halliburton Co. to help in the hunt for a seven inch radioactive rod used in the drilling of natural gas wells, after they lost the device earlier this week somewhere in a 130 mile stretch of south western Texas, between Pecos, and Odessa.
On the 11th of September Halliburton found that the rod was missing when workers discovered that a lock on the container used to transport it was missing, along with the rod inside. Trucks were sent out to retrace the route of the vehicle that was carrying the unit before it was lost, but have had no luck. Halliburton say that the National Guard have the equipment to locate the radioactive item more quickly.
Companies use radioactive rods similar to this one when drilling wells for fracking. The rods are lowered into the well to allow workers to identify places where the rock must be broken apart by the process of hydraulic fracking.
Such rods are lost from time to time, but it has been over five years since the loss of a device has been reported to the Nuclear Regulatory Commission.
This rod contains americium-241/beryllium which Chris Van Deusen, a spokesman from the health department has assured is “not something that produces radiation in an extremely dangerous form. But it’s best for people to stay back, 20 or 25 feet.” The rod would have to be in someone’s physical possession for several hours before it could be considered dangerous.
Halliburton have described the rod as a seven inch stainless steel cylinder about an inch in diameter, marked with the radiation warning symbol and the words ‘Do Not Handle’.
By. James Burgess of Oilprice.com
James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com