 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 2 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
Euan Mearns
"Euan Mearns is a geologist and geochemist. In recent years he was a principal at The Oil Drum, the worlds leading energy blog, until it was archived a year ago. Since then he has founded his own blog called Energy Matters that strives to publish informed articles on the Earth energy system."
You can read more of Euan's work at his popular blog Energy Matters
Latest articles from Euan
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Scotland’s Wind Dream May Turn Into A Nightmare
I last looked into the details and consequences of Scottish energy policy in the pre-referendum post Scotch on the ROCs. The expansion of Scottish renewables…
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World Oil Production Statistics
This is the first in a monthly series of posts chronicling the action in the global oil market in 12 key charts. The oil price…
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Christmas Day And UK Energy Policy Failure
On Christmas Day, children began opening their presents at around 05:00 am in the UK. As the excitement gathered pace, the country’s coal power stations…
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How Broken Are The Energy Markets?
A few commenters have mentioned peak oil recently. I am cautious about making forecasts and predictions and prefer instead to observe and document the data…
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Oil Price Scenarios For 2015 And 2016
A couple of weeks ago I had a post titled The 2014 Oil Price Crash Explained. In this post I use the empirical supply and…
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The OPEC Conundrum: Expect Production Cuts Before June 2015
When OPEC met on 27th November they decided to leave production unchanged and to not meet again until June 2015. This at a time of…
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Signs Of Peak Oil Starting To Emerge
What caused the recent crash in the oil price from $110 (Brent) in July to $70 today and what is going to happen next? With…
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Global Drilling Slowdown On The Way
Baker Hughes rig count statistics show how drilling reacted to earlier falls in the oil price. There is always a time lag of months between…
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The Cost Of Energy Storage
I taught my students that intermittent renewable electricity (wind and solar) was third class compared with dispatchable fossil fuels (first class) and baseload nuclear power…
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The 2014 Oil Price Crash Explained
In February 2009 Phil Hart published on The Oil Drum a simple supply demand model that explained then the action in the oil price. In…
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How Energy Secure Are The EU And UK?
In a recent post, A Beginners Guide to Blackouts, I drew attention to the fact that keeping the lights on in Britain was to a…
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The Appalling Truth About Energy Subsidies
There’s nothing makes my blood boil more than to read reports about the international level of subsidies of the fossil fuel industries like this one…
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A Beginners Guide to Blackouts
Anticipating blackouts has become a new national sport in the UK. I can recall blackouts as a child. I’m guessing this was during the first…
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California Public Utilities Vote No On Energy Storage
In 2002 California set itself an ambitious renewable energy target – a third of its electricity from renewables by 2020 – and according to Figure…
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Global Oil and Other Liquid Fuels Production Update
• Global conventional crude oil + condensate production (C+C) attained a value of 73 million barrels per day (Mbpd) in May 2005. Since then conventional…
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How Global Fossil Fuel Dependence Hasn`t Changed In 20 Years
Whilst enjoying the good natured exchanges on this blog concerning the pros and cons of new renewable energy sources I decided to dig deeper into…
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Oil And Coal: Energy Substitution And How It May End Soon
Figure 1 shows annual percentage contributions to total global energy consumption by fuel type since 1965. I plotted it up to see if it contained…
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Drowning In Oil Again
For 4 years now the oil price (Brent) has been range bound between $90 and $130 per barrel (Figure 2). This is where it settled…
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Dim Future For North Sea Energy
On 18th September 2014, Scotland will vote on the following question:Should Scotland be an independent country?Answer YES and the vote is for independence, answer NO…
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The High Cost Of Renewables
In this post I present “back of envelope” style calculations on the capital costs of renewables globally since 1998 and deduce that roughly $1.3 trillion…
