 |
Louisiana Light • 2 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 23 hours | 71.59 | -1.24 | -1.70% | ||
|
Gasoline • 13 mins | 2.598 | -0.015 | -0.57% |
|
Bonny Light • 2 days | 75.68 | -0.89 | -1.16% | ||
|
Girassol • 2 days | 78.20 | -0.88 | -1.11% | ||
|
Opec Basket • 2 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 15 hours | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 15 hours | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 15 hours | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 15 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% |
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News
Obama Calls for an End to $4 Billion Oil Industry Subsidies
Obama has proposed that Congress should kill tax breaks for the oil and gas industry … again. He failed to end the subsidies when the Democrats controlled congress, so it…
Rising Petrostate Kazakhstan Mulls Nuclear Power
According to Kazakh Industry and New Technologies Minister Aset Isekeshev, Kazakhstan will make a decision on whether to build an atomic power plant this year. Speaking to a group…
Space Based Solar Power: Nothing but a Dream
A solar panel reaps only a small portion of its potential due to night, weather, and seasons, simultaneously introducing intermittency so that large-scale storage is required to make solar power…
Iran Sanctions Felt as Far as Namibia
The United Nations sanctions, designed to force Tehran to halt its nuclear program, are having an effect on far-off Namibia. The southwest African state imports all its refined fuel from…
Natural Gas Analysis for the Week of March 19, 2012
May Natural Gas futures finished the week higher and in the process formed a weekly closing price reversal bottom. A trade though 2.468 will confirm the bottom and set up…
Temporary vs. Permanent Increases in Government Spending
Not long ago Paul Krugman wrote: To a first approximation, in other words, the effect of current fiscal policy — whether stimulus or austerity — an [on?] the actions…
East Africa's Rapid Rise to the Top of the Energy World
Soon America won’t be alone with a glut of natural gas. Statoil, the Norwegian oil company, made big oil industry news late last month announcing it had found huge volumes…
Israel to Destroy "illegal" Solar Panels in Palestinian Villages
The Israeli Occupation authorities are planning to demolish renewable energy installations in Palestinian villages in the Occupied West Bank. The projects were installed by an Israeli NGO, ME Comet, and…
India Could Become the First Large Casualty of the US Sanctions on Iran
In an attempt to force economic pressure on Iran due to the conflict over its nuclear regime, the US has imposed sanctions demanding that countries significantly reduce trade of Iranian…
Chile Power Companies Trash Renewable Energy
Okay. Imagine your country has 2,653 miles of southern Pacific coastline, but only averages 110 miles east to west. And your Atacama desert, one of the hottest places on earth,…
Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia
The Desertec Foundation has entered into a memorandum of understanding with the Japan Renewable Energy Foundation (JREF) to plan, promote, and implement an Asian supergrid which will be vital for…
US Economists Unite to Ask Obama to Support EU Carbon Scheme for Airlines
The European Union has plans to introduce legislation that will limit the amount of carbon emissions that airlines can emit. The new laws will force airlines to change the…
Lithium-Ion Battery Sales Expected to Increase by More than 700% by 2017
Many hope that electric vehicles (EVs) and plug in hybrid electric vehicles (PHEVs) will grow in popularity to overtake petrol and diesel cars, and help reduce our reliance on oil,…
4 Million Americans Could be Under Water by 2100
The idea of climate change affecting the planet is hardly contested anymore; the evidence is fairly conclusive. As the planet warms up, sea levels are expected to rise due to…
The Best Way to Battle Commodity Price Volatility
Crude oil prices spike. Copper tanks. Cotton and coffee can’t make up their minds. The price graphs you see look more and more like they’re tracking major seismic activity or…
Fukushima no Reason for Nuclear Energy Ban
This week marks the one-year anniversary since the 9-magnitude earthquake and subsequent tsunami rocked Japan. It was the strongest earthquake ever to hit the country, leaving an estimated 15,000 people…
Chevron's South American Nightmare
Chevron is facing some very tough times in South America and this year could be telling for the success of their continued business in the continent. The latest disaster occurred…
Iranian Oil Exports Drop as Foreign Shipping Companies Avoid Country
The Sanctions imposed upon Iran by the US and EU in response to Iran’s nuclear program, have not been as effective as was hoped. However, that is starting to change.…
What is up with the gdp-less recovery?
That is what people are calling it, although I would not use that term. Jon Hilsenrath has the best overview I have seen, here is one excerpt: Robert Gordon,…
$1 Billion Hydroelectric Plant to be Built in Cameroon
Africa is becoming more and more famous for its renewable energy projects. The huge continent has vast abundance of renewable energy sources, and as its economies develop it is looking…
