 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
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Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
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Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
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Mars US • 167 days | 77.67 | -1.57 | -1.98% | ||
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Gasoline • 11 mins | 2.731 | +0.017 | +0.63% |
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Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
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Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
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Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
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Peace Sour • 55 mins | 75.30 | -0.05 | -0.07% | ||
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Light Sour Blend • 55 mins | 78.35 | -0.05 | -0.06% | ||
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Syncrude Sweet Premium • 55 mins | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 55 mins | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
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Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
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Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Breaking News:
Ron Patterson
Ron Patterson is a retired computer engineer. He worked in Saudi Arabia for five years, two years at the Ghazlan Power Plant near Ras Tanura and three years with Aramco in Ras Tanura and Safaniya. He worked a short time as a stockbroker and a commodities broker but found the business did not suit his talents and returned to the computer industry in 1987. He spent the last 17 years of his career at the Marshall Space Flight Center in Huntsville, AL. He retired in 2004.
Latest articles from Ron
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EIA Projects An Increase In Global Oil Supply
The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day. (Click to enlarge)While not much has changed in the…
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Eagle Ford Halts Decline As Texas Oil Production Spikes
Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3…
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Iranian Oil Is Disguising A Significant Decline In Global Production
The EIA has apparently stopped publishing its International Energy Statistics. Instead they are now publishing an abbreviated version on their Total Energy web page titled:…
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How Fast Can Solar And Wind Grow
Wind and solar energy consumption have grown quickly from 1994 to 2014. Based on data from BP’s Statistical Review of World Energy 2015 the growth…
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When We Can Expect The Next Oil Shock
The scenario above shows an Oil Shock Model with a URR of 3600 Gb, EIA data from 1970 to 2015, and the Annual Energy…
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Bakken Output Continues To Fall Along With Rig Count
The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day. (Click to enlarge)Bakken…
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Global Rig Count Continues To Fall
Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…
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U.S Onshore Production Sees Deep Decline, Can Offshore Offset It?
The Texas Railroad Commission (RRC of TX) updated its online database a few weeks ago. The best estimates I have seen for Texas C+C and…
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50% Of Proved Oil Reserves May Have Just Vanished
Where did all the oil go? The peak is back An extensive new scientific analysis published in Wiley Interdisciplinary Reviews: Energy & Environment says that…
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Iran Drives OPEC Production Up In March
The latest OPEC Monthly Oil Market Report is out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya,…
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North Dakota Sees Small Production Decline
North Dakota data from the NDIC is out. Bakken/ Three Forks data shown in chart above (NDIC Data) with a Red Queen Model (based…
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Was 2015 The Peak For Crude And Condensate?
There is concern that World C+C may decline steeply after the peak, I believe those concerns are over blown. There is always the possibility that…
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Texan Oil Production Rises In January
Most of the charts that follow were produced by Dean Fantazzini and are in barrels of output per day for oil, condensate, and oil plus…
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OPEC Production Declines Despite Iran’s Efforts
All charts are through February 2016 The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only” production and do not reflect…
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Peak Coal: How Much Remains Economically Recoverable?
(Click to enlarge)The eventual peak in world fossil fuel output is a potentially serious problem for human civilization. Many people have studied this problem, including…
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Global Rig Count Continues To Tumble
The Baker Hughes International Rig Count is out. The rig count data in all charts below is through February 2016. (Click to enlarge)The Baker Hughes…
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The Long Term Impact Of The Oil Rig Crash
The North American Baker Hughes Rig Count came out Friday. The decline continues. Baker Hughes gives an oil and gas breakout for every basin and…
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Oil Price And Its Effect On Production
The JODI Oil World Database came out a few days ago. The data is through December 2015. The JODI C+C production numbers differs somewhat from…
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Texas Oil Production Remains Resilient In Light Of Low Oil Prices
The Texas RRC Oil and Gas Production Data is out. There appeared to be no decline in December production and may have even been a…
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Downward Trend For Bakken Oil Production Set To Continue
The Bakken and North Dakota tight oil production data is out.Bakken production was down 28,604 barrels per day to 1,096,044 bpd. All North Dakota was…
