 |
Louisiana Light • 5 days | 89.16 | +0.62 | +0.70% | ||
|
Bonny Light • 2 days | 91.29 | -2.25 | -2.41% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% | ||
|
Mars US • 165 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 51 mins | 2.822 | +0.038 | +1.38% |
|
Bonny Light • 2 days | 91.29 | -2.25 | -2.41% | ||
|
Girassol • 2 days | 91.81 | -2.21 | -2.35% | ||
|
Opec Basket • 2 days | 89.57 | -1.20 | -1.32% |
|
Peace Sour • 12 hours | 78.61 | -0.25 | -0.32% | ||
|
Light Sour Blend • 12 hours | 81.66 | -0.25 | -0.31% | ||
|
Syncrude Sweet Premium • 12 hours | 88.61 | -0.25 | -0.28% | ||
|
Central Alberta • 12 hours | 79.01 | -0.25 | -0.32% |
|
Eagle Ford • 2 days | 81.89 | -0.25 | -0.30% | ||
|
Oklahoma Sweet • 2 days | 81.75 | -0.25 | -0.30% | ||
|
Kansas Common • 17 hours | 75.50 | -0.25 | -0.33% | ||
|
Buena Vista • 5 days | 89.36 | +0.64 | +0.72% |
Breaking News:
MasterResource
MasterResource is a blog dedicated to analysis and commentary about energy markets and public policy.
Precisely because energy is the lifeblood of the modern economy – the “master resource” that affects the production and use of all other resources – energy markets are often thought of as “different” and thus deserving of special political direction. We believe that the economic rules governing energy are no different from those governing other markets and are thus skeptical about government intervention. Drawing on this perspective, while employing both economic theory and market history, we hope to better inform the energy debate in a civil but forceful manner, without recourse to political partisanship or ideological cant.
Latest articles from MasterResource
-
Would Replacing Fossil Fuels with Biomass Reduce Co2 Emissions
One of the reasons governments have been pushing biomass burning is the notion that it would displace fossil fuels and thereby reduce CO2 emissions. Biomass…
-
Why America Needs to Accelerate Domestic Energy Production
Hadrian, the third of the “five good emperors” of Rome, ruled from 117 to 138 in a time of consolidation of the Roman Empire. Best…
-
Sea Levels are Not Rapidly Rising - Nature Disagrees with IPCC
“The short-term rate of global sea level rise has decreased by about 25% since the release of the AR4—and a new paper shows that some…
-
The Real History of the Standard Oil Company - Part 2: The Beginning
[Editor Note: This five-part series by Mr. Epstein revisits the Standard Oil Trust controversy in this the 100th anniversary of the breakup of the Trust.…
-
Unchecked Economic Freedom and The Real History of the Standard Oil Company - Part 1
[Author’s Note: This year marks the 100th anniversary of the Supreme Court ruling that found Standard Oil guilty of violating the Sherman Antitrust Act. As…
-
James Hansen: Renewable Energies are Grossly Inadequate for Our Energy Needs
“Suggesting that renewables will let us phase rapidly off fossil fuels in the United States, China, India, or the world as a whole is almost…
-
Obama’s Energy Obstructionism Driving Oil Rigs Away From the Gulf of Mexico
“The Gulf Spill of 2010 may be remembered as much or more for the economic damage it did because of the Obama’s regulatory overreaction than…
-
Solar Energy Facing Tough Love in Europe
Across the European Union, solar energy is facing tough love conditions as its feed-in-tariffs (FiT) face déjà vu in another round of reduction. Like in…
-
The Psychology of Fuel Prices
Four-dollar diesel is an ugly thing–but not the ugliest of things. To grossly paraphrase John Stuart Mill, the state of moral feeling that thinks that…
-
Are California’s Renewable Energy Goals Achievable?
California is committed to a renewable energy portfolio to provide 33 percent of its electricity by 2020 from qualifying resources such as wind, solar, geothermal,…
-
End of the Energy Subsidy Gravy Train
The drama that raised the national debt ceiling without increasing taxes is sending warning shots across the bow for many industries. The message for energy…
-
Overestimating Wind Power Generation: From the UK to New York State
Wind generation as an intermittent power source adds to the total variability of a regional grid system. A number of studies have been completed that…
-
Correcting Obama's Anti-Energy Agenda: The American Energy Act
The Obama Administration has been implementing an anti-energy agenda since coming to Washington. From day one, Obama and his “dream ‘green’ team” have worked to…
-
Responding to the Latest Spin From the Wind Energy Association
The recently released Annual Market Report, 2010 from the American Wind Energy Association (AWEA) can be summed up in one word — Spin! I’ve tracked…
-
Green Panic and Growing Anti Shale Gas Propaganda
Remember all this? America is running out of natural gas. Prices will soar, making imported liquefied natural gas (LNG) and T. Boone Pickens’ wind farm…
-
Natural Gas Producers Looking to Capture a Growing Share of the Transportation Sector
Four-dollar per gallon gasoline provides more margin for oil producers than four dollars per million British thermal units (MMBtu) provides for natural gas producers. Historically…
-
Natural Gas: The Climate’s Favourite Fossil Fuel - But What About Fracking?
When it comes to climate, are all fossil fuels equal? “No,” the answer has been until very recently. In terms of how much carbon dioxide…
