 |
Louisiana Light • 2 days | 90.66 | -1.96 | -2.12% | ||
|
Bonny Light • 24 hours | 94.49 | +0.54 | +0.57% | ||
|
Opec Basket • 2 days | 94.99 | -1.36 | -1.41% | ||
|
Mars US • 7 hours | 87.38 | +0.41 | +0.47% | ||
|
Gasoline • 14 mins | 2.326 | -0.034 | -1.45% |
|
Bonny Light • 24 hours | 94.49 | +0.54 | +0.57% | ||
|
Girassol • 24 hours | 95.40 | +0.27 | +0.28% | ||
|
Opec Basket • 2 days | 94.99 | -1.36 | -1.41% |
|
Peace Sour • 23 hours | 83.32 | -1.97 | -2.31% | ||
|
Light Sour Blend • 23 hours | 83.82 | -1.97 | -2.30% | ||
|
Syncrude Sweet Premium • 23 hours | 92.42 | -1.97 | -2.09% | ||
|
Central Alberta • 23 hours | 81.62 | -1.97 | -2.36% |
|
Eagle Ford • 2 days | 85.30 | -1.97 | -2.26% | ||
|
Oklahoma Sweet • 2 days | 85.25 | -2.00 | -2.29% | ||
|
Kansas Common • 7 days | 84.00 | +3.25 | +4.02% | ||
|
Buena Vista • 7 days | 98.88 | +2.54 | +2.64% |
Oil Moves Higher On EIA Inventory Draw
Crude oil prices moved higher…
The Metals Behind Our Clean Energy Future
The transition to clean energy…
OPEC’s Oil Production Grows For A Second Month Despite Saudi Cut
OPEC's crude oil production increased…
News
Brazil May Turn to Gas as Drought Cuts Off Power
Brazil has arguably the greenest and cleanest economy in the world, as it gets 80% of its electricity from hydropower and only a small share from fossil fuels. Yet…
2013 Sniper Attack on Electric Substation Went Unknown to Public
The Wall Street Journal broke a story this week about a largely unknown sniper attack from last year on a California electric substation. Apparently on April 16, 2013, a…
Richard Branson’s Renewable Playground for the Rich and Famous
Billionaire Richard Branson’s Necker Island for the rich and famous will go 75% renewable energy, with solar, wind and smart-technology energy storage in a massive new project dubbed “Demo…
California Drought Expected to Lower Hydro Generation
The record drought in California will cut into the availability of water for hydropower generation in the coming months, according to the Energy Information Administration. Nearly 60% of the…
Natural Gas Hits 4-Year High
Ongoing cold weather in the Northeast United States has caused natural gas prices to spike to their highest levels in over four years. March delivery for natural gas hit…
International Shipping Turning to LNG
Fuel for ferries and large cargo ships may increasingly come from liquefied natural gas (LNG), as companies move to both lower fuel costs and comply with new environmental regulations. Oil…
Coal Leasing on Public Lands Deprives Taxpayers of Millions
A new report from the U.S. Government Accountability Office (GAO) found that the U.S. government has failed to ensure that coal companies pay the fair market value when paying…
Japanese Utilities Step up LNG Purchases
To make up for the continued shortfall in electricity generation from the dozens of idle nuclear power plants, Japanese utilities are increasing their purchases of LNG from abroad. Tohoku Electric…
Petrobras Stock Hits 8-Year Low
On February 3, the stock price for Petroleo Brasileiro SA (Petrobras), Brazil’s flagship oil company, dropped by 5.8% to an eight-year low. Once one of the most valuable companies…
Shell Starts Production from Offshore Platform in Gulf of Mexico
Royal Dutch Shell announced on Feb. 4 that it started oil production from its “Olympus” platform in the Gulf of Mexico. The company is using the Olympus to drill…
Keystone XL Passes Another Huge Hurdle
TransCanada Corp applied more than five years ago for a federal permit to build the Keystone XL pipeline across the US in order to link Canada’s tar sands in Alberta…
North Dakota Flares $100m of Natural Gas a Month
It is well known that advances in technology have enabled the US to experience a huge boom in oil production over the past several years. Since 2007, oil production from…
New Process Recycles Old Plastics into Usable Liquid Fuels
Plastics are a pain. They are very useful during their product life but once disposed they don’t degrade naturally, and this creates huge problems in terms of waste disposal. Researchers…
Coal Markets Hit Hard as Emerging Economies Begin to Wobble
Slowing growth in developing countries has started to affect the commodities market, especially for coal, as orders are slashed and prices have fallen as much as 10 percent in a…
Economist Warns that Texas Oil Boom will Begin to Slow this Year
Karr Ingham, an economist and owner of Ingham Economic Reporting, recently spoke at the Houston Petroleum Club about the Texas Petroleum Index and to warn them that despite booming…
Environmentalists and Oil Industry are Annoyed by State of the Union Address
On Tuesday night President Barack Obama gave his fifth formal State of the Union address, in which he celebrated the US oil and gas sector causing environmentalists to worry that…
S.Korea Approves Construction of 1st New Nuclear Plants after Safety Scandal
South Korea, the fourth largest economy in Asia, is heavily dependent on nuclear power, yet in the wake of the 2011 Fukushima disaster in Japan and a more recent domestic…
Richard Branson’s Renewable Fuel, Butanol, Prepares for US Debut
Butanol is a renewable biofuel that is set to debut at US pumps next year, and hopes to challenge ethanol’s dominance of the $26 billion market.Just as with…
Seabed Carpet to Generate Huge Amounts of Energy from Waves
Reza Alam, an assistant professor at US Berkeley and expert in wave mechanics, is designing a ‘carpet’ to be laid across the seafloor that will turn the energy from ocean…
London Plans to Use Heat from the Underground to Keep Homes Warm
The London underground is generally a hot and uncomfortable place, warmed by the thousands of commuters, lights, trains, and other such sources of heat. A new scheme plans to put…
