 |
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 • 7 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 • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 14 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 14 hours | 79.18 | +0.89 | +1.14% | ||
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Central Alberta • 14 hours | 72.28 | +0.69 | +0.96% |
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Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
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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:
Robert Rapier
Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and renewable energy industries, and holds several patents related to his work. His site www.rrapier.com fosters civil, objective discussions on energy and environmental issues.
Latest articles from Robert
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U.S. Oil Exports Hit a New Record High in 2023
Fresh on the heels of a new U.S. oil production record and establishment of the U.S. as the world’s top liquefied natural gas (LNG) exporter, this week the Energy…
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Why Do Gasoline Prices Rise in Spring?
Gasoline prices are on the rise, climbing nearly $0.30/gallon since the beginning of the year. What you may not realize is that this price rise…
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New Technology Is Fueling America’s Oil Boom
In mid-December, I wrote here that the U.S. had set a new annual oil production record: “The U.S. set a new annual oil production…
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Why Did Biden Forget To Mention Booming U.S. Oil in State of the Union Speech?
President Joe Biden delivered the 2024 State of the Union address last Thursday night under what is always one of the most intense spotlights of…
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Biden’s SPR Gamble Sparks Debate Over U.S. Energy Security
The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil imports and drove oil prices…
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ExxonMobil's Record Profits Defy Political Expectations
The oil industry has historically been politically conservative. In turn, Democratic politicians have often been hostile toward the industry. Nevertheless, oil companies have recorded some…
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The Top 10 Producers Leading A Global Shale Bonanza
The U.S. is the global leader in the production of natural gas and oil derived from shale formations. However, there are other countries with significant…
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How Biden’s LNG Export Pause Could Backfire
President Biden recently announced a “temporary pause on pending approvals of liquefied natural gas exports.” This announcement comes on the heels of news that in…
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The U.S. Has Slashed Carbon Emissions by 879 Million Metric Tons
Following my previous story on the pause in U.S. liquefied natural gas exports, some readers had a hard time believing that the U.S. leads the…
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A Ban on LNG Exports Could Boost Carbon Emissions
President Biden recently announced a “temporary pause on pending approvals of liquefied natural gas exports.” This announcement comes on the heels of news that in 2023 the U.S.…
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Shale Boom Fuels Third Year of Record U.S. Gas Output
I previously reported that the U.S. set a new oil production record in 2023 and became the world’s top liquefied natural gas exporter. I also…
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Five Energy Sector Predictions for 2024
It is time to make my energy sector predictions for this year. The year promises to be challenging because there are more variables in play…
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How Fracking Helped the U.S. Become the World’s Top LNG Exporter
In 2003, the late author and investment banker Matther Simmons predicted that with “certainty,” by 2005 the U.S. would enter a long-term natural gas crisis…
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The 11 States Leading America’s Oil Production Boom
U.S. oil production has increased by 21% over the past five years. According to data from the Energy Information Administration (EIA), earlier this month U.S.…
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Unpacking the Top Energy Stories of 2023
Following last year’s chaos in the energy sector, there were fewer big energy stories in 2023. I think there was one really big story that…
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How Accurate Were 2023 Energy Predictions?
At the beginning of each year, I make several predictions about the energy sector. You can see those predictions and read the context in Energy Sector…
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U.S. Shatters Oil Production Records in 2023
The U.S. set a new annual oil production record on December 15, based on data from the Energy Information Administration. Although the official monthly numbers…
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What’s Driving America’s New Oil and Gas Boom?
Last week I pointed out in a TikTok video that the U.S. is poised to set a new oil production record. In response, someone took…
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OPEC's 2024 Crude Oil Production Cuts, Explained
On November 30, 2023, OPEC (Organization of the Petroleum Exporting Countries) and its allies, collectively known as OPEC+, agreed to cut oil production by 1…
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Why Diesel Usually Costs More Than Gasoline
I recently took the plunge and registered on TikTok. I hadn’t thought it would be worth my time, because my impression had been that younger people…
