 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 22 hours | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 31 mins | 2.770 | +0.012 | +0.43% |
|
Bonny Light • 22 hours | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 22 hours | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 21 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 21 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 21 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 21 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 22 hours | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 2 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1658
Green Movement Shows its Age
Those taking part in a survey published this month found so-called Millennials are less concerned about the environment than previous generations. To a certain degree, so-called flower-power during the 1960s…
Why Iran Believe they are Safe from Effects of Oil Sanctions
After initial outrage, bluster and bravado, Iran appears to have come to terms with impending Western sanctions on the country’s oil and financial sector, to the point of saying they…
New Drill Bits to Make Geothermal Cheaper
About 30 years ago Sandia Labs developed polycrystalline diamond compact (PDC) bits for geothermal drilling. Today nearly two-thirds of the oil we use comes from wells drilled using the…
Australian Industry on Offensive against Imminent Carbon Tax
Australia’s carbon tax of $23 a ton, due to be implemented beginning on 1 July, has been deeply unpopular with Australian industrialists since it was first proposed, who argue that…
Gulf of Guinea Piracy Increases Amid Unrest and Rising Oil Prices
Gulf of Guinea piracy is set to become the next major concern for oil shipments as attacks, particularly on oil tankers, are on the rise, along with insurance premiums for…
Iran's Oil Fields are in Rough Neighborhoods
Tehran this week said that if its "positive diplomacy" wasn't reciprocated by the Kuwaiti government, it would work to develop its section of a shared oil field alone. Tehran, OPEC's…
Why is Obama Lying About US Oil Reserves?
“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when…
The Bleak Future that Faces us if Current Trends Continue
If current population trends continue . . . • The population of the United States will increase to over 600 million by 2080, and in 2150 it will equal China’s…
How Likely is a Blockade of the Strait of Hormuz?
The more and more explicit nuclear rhetoric and the threats of a blockade of the Strait of Hormuz may soon cause the conflict to escalate. We described two years ago…
Game is on to Control Yemen's Oil
Whoever manages to control Yemen’s state resources, and particularly its oil, will be able to wield control over the country’s tribes by restoring the system of patronage relied on by…
Too Soon for DRC Oil?
Advocacy groups called on the newly-elected government of the Democratic Republic of Congo to change how its natural resources are managed. They say the DRC has an opportunity to erase…
Happy St. Patrick’s Day! Ireland Strikes Oil
After more than three and one half years of brutal recession that stopped the Celtic Tiger in its tracks, the Irish finally have something to celebrate. On 15 March…
Energy Secretary Chu was Right, US Gas Prices Need to be Higher
Why would a president want to bring an eminent scientist like Energy Secretary Steven Chu into government? In the hope, one would suppose, that he would speak truth to power.…
Crude Oil Analysis for the Week of March 19, 2012
May Crude Oil finished the week with a slight gain. It was a quiet week with the market showing a bias to the downside until Friday when prices surged, taking…
Collateral Damage from Afghan Turmoil - the TAPI Pipeline
As the reverberations on the 11 March attack by a U.S. soldier on two Afghan villages in Helmand province continue to abrade U.S.-Afghan relations, the deteriorating security situation there after…
Is it Time to Abandon the Oil Sands Debate?
Canada's natural resources minister told delegates at the International Energy Forum in Kuwait that his country was on the cusp of becoming an "energy superpower." Canada ranks No. 6 in…
Despite Negative Press Renewable Energy Revenues Rapidly Expand in 2011
Solar, wind and biofuels saw global revenue expand by 31% in 2011. With all the negative hype put out by Big Oil and its acolytes, you’d have thought the…
The Ugly Politics of Higher Gasoline Prices
The impacts of higher oil and gasoline prices are beginning to ripple across the economy. Wells Fargo Economics reported today that higher energy prices increased the producer price index (
Shale Gas in Europe: Poland and Ukraine as Pioneers
The biggest and most promising European shale gas deposits are located in Poland. The EIA estimates that the Polish shale gas reserves cover more than 300 years of domestic consumption.…
When Hypotheses Are Worth Trillions
UK banking regulators and the representatives of major banks intensified their discussions on new and more rigid regulatory scheme concerning the setting and calculating the British Bankers Association's London InterBank…
