 |
Louisiana Light • 1 day | 75.02 | +0.15 | +0.20% | ||
|
Bonny Light • 1 day | 78.13 | +0.03 | +0.04% | ||
|
Opec Basket • 1 day | 77.63 | +2.62 | +3.49% | ||
|
Mars US • 15 hours | 71.22 | +0.02 | +0.03% | ||
|
Gasoline • 1 hour | 2.664 | -0.004 | -0.14% |
|
Bonny Light • 1 day | 78.13 | +0.03 | +0.04% | ||
|
Girassol • 1 day | 78.83 | +0.31 | +0.39% | ||
|
Opec Basket • 1 day | 77.63 | +2.62 | +3.49% |
|
Peace Sour • 6 hours | 67.22 | -0.23 | -0.34% | ||
|
Light Sour Blend • 6 hours | 68.52 | -0.23 | -0.33% | ||
|
Syncrude Sweet Premium • 6 hours | 77.47 | -0.23 | -0.30% | ||
|
Central Alberta • 6 hours | 66.82 | -0.23 | -0.34% |
|
Eagle Ford • 1 day | 69.68 | +0.39 | +0.56% | ||
|
Oklahoma Sweet • 1 day | 69.75 | +0.50 | +0.72% | ||
|
Kansas Common • 29 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 1 day | 79.36 | +3.94 | +5.22% |
Breaking News:
Gail Tverberg
Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior to getting involved with energy issues, Ms. Tverberg worked as an actuarial consultant. This work involved performing insurance-related analyses and forecasts. Her personal blog is ourfiniteworld.com. She is also an editor of The Oil Drum.
Latest articles from Gail
-
Declining Economic Growth due to Low Oil Supply Growth
The usual assumption that economists, financial planners, and actuaries make is that future real GDP growth can be expected to be fairly similar to the…
-
Why Low Oil Prices Indicate the World is Heading for a Recession
Are lower oil prices good news? Not really, if it means the world is sinking into recession.We know from recent past experience and from common…
-
Humanity is Reaching its Limits - Oil, Debt, Population, etc.
The world is clearly reaching many limits. This graphic below shows how I see man interacting with natural systems, back before man discovered fire and…
-
New IMF Model is Far More Accurate at Predicting Oil Production
The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of…
-
Is Constant Economic Growth Possible?
If we read the financial pages, economic growth seems to be viewed as the “normal” situation to which economies inevitably return. But is it really?If…
-
Why the US is Not About to Become an Oil Exporter
Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a…
-
What the EIA's World Oil Production Data for 2011 Tells Us About 2012
The US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent…
-
How to Solve our Sustainability Problems
We live in a world with very limited solutions to our sustainability problems. I often hear the view, “If we would just get off fossil…
-
How to Save the US Natural Gas Sector
US natural gas prices are at record lows–about where they were in 1976, and at the low points in the 1990s, in today’s dollars (Figure…
-
A Look at World Energy Consumption Over the Last 200 Years
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption…
-
Why Europe is Experiencing Higher Oil Prices than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. Figure 1.…
-
The Reasons for High Oil Prices
Rising oil and gasoline prices are of concern to many people today. I see three basic issues involved: 1. “Stalled out” growth in world oil supply2. Concerns…
-
How The Human Population Explosion Defies Nature
There are seven billion people on earth now. I originally thought that the primary reason for the recent human population explosion was that fossil fuels…
-
Shedding Some Light on Peak Oil
On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, "Everything You Know About Peak Oil Is Wrong". This editorial reflects several common…
-
An Abundant Supply of Cheap Oil is the Most Important Resource for Our Future
Our economy runs on oil. Most of the tractors used for growing food run on oil. Nearly all of today’s cars and trucks run on…
-
Is a Reduction in Population Numbers the only Sustainable Solution?
In a recent post, I talked about why we may be reaching Limits to Growth of the type foretold in the 1972 book Limits to…
-
How will the Economy Fare if High Oil Prices Continue
We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11…
-
The Faustian Bargain has Enabled an Unsustainable Economic System, but Not for Much Longer
Historically people have shifted their belief systems in various ways. The Greeks and Romans believed in numerous gods and goddesses and attributed all kinds of…
-
A Look at Some of the Obstacles Facing Wind Energy in the U.S.
In the United States, we have been working on scaling up wind energy but not getting very far. In 2010, wind energy supplied only 2.3%…
-
Is it Possible to Buy Our Way Out of Our Energy Problems?
The world has many ideas for solving our energy shortfall, but they all seem to involve investment: • Drill for more oil and gas;• Develop alternative energy…
