 |
Louisiana Light • 2 days | 70.41 | -1.39 | -1.94% | ||
|
Bonny Light • 1 day | 74.02 | +1.66 | +2.29% | ||
|
Opec Basket • 2 days | 73.07 | -2.12 | -2.82% | ||
|
Mars US • 15 hours | 69.50 | +2.01 | +2.98% | ||
|
Gasoline • 10 mins | 2.476 | +0.039 | +1.62% |
|
Bonny Light • 1 day | 74.02 | +1.66 | +2.29% | ||
|
Girassol • 1 day | 75.63 | +1.53 | +2.06% | ||
|
Opec Basket • 2 days | 73.07 | -2.12 | -2.82% |
|
Peace Sour • 6 hours | 64.35 | +2.01 | +3.22% | ||
|
Light Sour Blend • 6 hours | 65.65 | +2.01 | +3.16% | ||
|
Syncrude Sweet Premium • 6 hours | 74.60 | +2.01 | +2.77% | ||
|
Central Alberta • 6 hours | 63.95 | +2.01 | +3.25% |
|
Eagle Ford • 2 days | 64.57 | -1.37 | -2.08% | ||
|
Oklahoma Sweet • 2 days | 64.00 | -2.00 | -3.03% | ||
|
Kansas Common • 2 days | 58.25 | -1.50 | -2.51% | ||
|
Buena Vista • 10 days | 76.15 | -1.09 | -1.41% |
Breaking News:
Biden Bans Oil And Gas Leasing Near New Mexico Cultural Site
Article Archive | Page 1611
Peak Oil: Why a Supply Crunch Can Lead to lower Oil Prices
There seems to be an on-going debate among peak oilers and many economists as to which came first, the chicken (peak supply flow) or the egg (peak demand). The first…
Dwindling Hopes for Climate Accord
Heat waves and deadly floods notwithstanding, an effective global climate change treaty is not on the horizon. Delegates from 190 countries gathered in Bonn last week for the UN Climate…
Scorched Earth Finance
One of my favorite journals is Project Finance. Having recently raised $25 million for a mining project, and now looking at a bigger raise for another, it's a subject I…
Climate Change: The Danger of Complacency
As US climate policy stumbles, runaway climate change scenarios highlight the dangers of complacency. A choice topic to spoil dinner parties and a long-standing, legitimate source of concern among scientists…
Iraq: The Conflict Over Power
The current political impasse in Iraq is damaging to all parties involved. A UN-sponsored National Salvation Government may be the only way forward. The “Non-Dialogue” dialogue is still going on…
The Bull Market in Food Is Only Just Starting
I believe that the surge in the price of food we have seen in recent weeks is the beginning of a major, secular, long term trend. During the sixties, new…
Coal’s Incredible Comeback – But at What Environmental Expense?
Coal is currently experiencing a phenomenal comeback everywhere. Demand has grown considerably, making coal the second-most important energy source worldwide, after oil. Billions of people depend on coal for their…
I’ll Take Two Lumps, Please
It’s just a matter of time before global buying of the grains spills over into the sugar market. A combination of torrential rains in Brazil, the source of 54% of…
Scepticism Over Stress Testing of European Banks
The results of the bank stress test in Europe have been greeted with widespread skepticism; even though financial markets seem calmer, the system is not yet out of the woods.…
The Skinny on Lithium
Long time readers of this letter know that I have been a huge bull on lithium plays, my pick in the sector, Chile’s Sociedad Quimica Y Minera (SQM), bringing in…
Is Wind Energy Storage Essential?
Storing the energy from wind is obviously useful. But is it essential? Numerous studies cover the matter both asserting that storage can useful and asserting its not. The practical common…
Lebanese Officials Expect Phony Evidence in UN Report on Hariri Assassination
The Wayne Madsen Report (WMR) is reporting sources in Lebanon are expecting that the UN Special Tribunal for Lebanon (STL) report on who was responsible for the 2005 remotely-controlled bomb…
Europe Faces Tough Choices Over Natural gas
In Europe, natural gas has great importance. Many people believe (some countries even instituted policies) that it will be the fuel that will become the bridge to an energy future…
Gulf Spill Has ‘Far Reaching’ Impact on Oil Company Credit – S&P
The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings…
Only a Small Fraction of Earth’s Oil has Been Found
Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…
An Uncertain Homecoming: BP’s Return To Libya Decades After Gaddafi’s Revolution
After nearly 40 years, BP is returning to Libya amid widespread controversy about an alleged link to the Lockerbie bomber’s release and fears about a potential oil disaster in the…
A Coup in Saudi Avoided or Iranian Disinformation?
Did King Abdullah of Saudi Arabia narrowly avoid being overthrown by a close member of his own royal family? That seems to be a rumor circulating around some political and…
The Price of Oil is Going Up
I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…
Health Check of the US Debt Markets
Just finished a read of the fresh new "Minutes of the Meeting of the Treasury Borrowing Advisory Committee". The TBAC is a "meeting of the minds" amongst top U.S. officials…
The Enduring Middle East Strategic Framework Begins to Emerge as Iran Surges, and the US Resiles
The lingering impact of August 3, 2010, clash on the Israeli-Lebanese border lies in the greater context of, and wider strategic dynamics in, the Middle East. These aspects were highlighted…
