 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 20 hours | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 4 hours | 2.765 | +0.006 | +0.23% |
|
Bonny Light • 20 hours | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 20 hours | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 19 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 19 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 19 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 19 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Article Archive | Page 1798
Is Shale Gas the Holy Grail it's cracked up to be? Well Known Analyst Says No
Compared to virtually all commodities of late, natural gas has been an absolute dog. Holders of a certain natural gas ETF have been forced to ask themselves whether or not…
Where Did U.S. Households Get the Money They Needed to Bid Up House Prices So High?
What happened to housing and financial markets over the last decade? To find out, follow the money. According to Yale Professor Robert Shiller's data, the run-up and collapse of U.S.…
Greece Debt Crisis: No Way Out?
As if Greece did not already have enough problems. The market was already jolted by the Goldman SEC case. Then, it was the cloud of volcanic ash from Iceland postponed…
U.S. Housing Data Spurs Late Gains in Oil Prices after Mixed Week
Oil Market Summary for 04/19/2010 to 04/23/2010. After languishing most of the week, crude oil prices galloped to the finish line on Friday, tacking on 1.7% and recouping most of…
The Predatory Partnership of Wall Street and the State
The Central State and Financial Plutocracy are bound in a mutually beneficial, highly predatory partnership. The Mainstream Media is missing the Big Story in the SEC/Goldman Sachs filing: the Central…
Saudi Arabia to Build the First Nuclear Power Station in the Gulf States
The government of Saudi Arabia has announced a new section of its capital Riyadh is set to be powered solely by nuclear energy. This will be the first nuclear power…
Is There an Asset Bubble in China? The IMF Doesn't Think So
Olivier Blanchard, chief economist at the International Monetary Fund (IMF), talks with Bloomberg this morning about the prospects for an asset bubble in China. Blanchard, speaking from Washington, also discusses…
Algeria Meetings Show Continued Confusion About Natural Gas Outlook
Natural gas experts are floundering for answers about the future of the fuel as the growth of shale gas production in the U.S. continues to flummox expectations. A pair of…
Somaliland's Presidential Election Assumes Growing Priority as Major Powers Sense Strategic Urgency of the Horn Situation
Somaliland’s delayed Presidential election is back on track after a period of active foreign interference to manipulate the electoral rolls, and is expected to take place before the end of…
Chinese Profits: Bad for Metal prices?
Metals investors globally were cheered this week by good news from Aluminum Corp. of China (A.K.A. Chalco). The aluminum giant swung back into profitability for the first time in a…
Changing Oil Consumption Habits: Fuel Efficiency in Light Vehicles
I recently highlighted grounds for pessimism about the ease with which the U.S. could significantly change our oil consumption habits. Here I highlight some interesting new research by U.C. Davis…
UK Wind Turbine Deals Could Help Power Labour Party in Vote
UK Prime Minister Gordon Brown, who faces a tough re-election battle in next month’s parliamentary vote, hopes his devotion to clean energy will put the wind at his back. Brown…
Revolution in Central Asia: Who's Next?
On April 7, 2010 the President of Kyrgyzstan Kurmanbek Bakiyev fled the capital city of Bishkek that was under a state of emergency after antigovernment protesters started clashing with security…
Nazarbayev's Successful Diplomacy in Kyrgyzstan Signals Deeper Strategic Shifts
The recent crisis and instability in Kyrgyzstan, highlighted the fragility of security and the potential weakness of the political systems throughout the region and exposed new dimensions in the conduct…
Chile Introduces Sliding Royalty Scale on Copper Production
I wrote yesterday about the importance of tailoring royalties to fit the situation for different oil and gas plays. Today, there's news on an interesting riff on this idea. Tailoring…
Gaming the System - The Foundation of the U.S. Economy
The status quo not just incentivizes gaming the system, it has made it the primary way to get ahead in today's economy. Gaming the system is not just encouraged--it has…
Shale Gas Changing Market Paradigm in U.S. as Electricity Prices Plummet, Report Says
Wholesale electricity prices in the U.S. fell by more than half last year, driven largely by a decline of more than 50% in natural gas prices in what looks like…
Flexible Royalties are the key to Oil and Gas Exploration
The recent oil and gas boom has been an education for a lot of people. Including regulators. Designing oil and gas laws is not easy business. Especially when it comes…
The Search for a Reserve Currency
Currency, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of…
Is Crude Oil Set for a Price Spike?
Crude futures ended at their lowest point this month Friday, as investors fled riskier assets after regulators charged Goldman Sachs with fraud. West Texas Intermediate (WTI) crude for May delivery…
