 |
Louisiana Light • 3 days | 87.04 | +0.05 | +0.06% | ||
|
Bonny Light • 10 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 3 days | 88.15 | +1.09 | +1.25% | ||
|
Mars US • 248 days | 76.40 | -1.43 | -1.84% | ||
|
Gasoline • 10 mins | 2.560 | +0.001 | +0.03% |
|
Bonny Light • 10 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 10 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 3 days | 88.15 | +1.09 | +1.25% |
|
Peace Sour • 9 hours | 75.96 | -0.72 | -0.94% | ||
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Light Sour Blend • 9 hours | 78.41 | -0.72 | -0.91% | ||
|
Syncrude Sweet Premium • 9 hours | 83.01 | -0.72 | -0.86% | ||
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Central Alberta • 9 hours | 76.41 | -0.72 | -0.93% |
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Eagle Ford • 3 days | 79.64 | -0.72 | -0.90% | ||
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Oklahoma Sweet • 5 days | 80.50 | +1.25 | +1.58% | ||
|
Kansas Common • 6 days | 73.00 | -0.75 | -1.02% | ||
|
Buena Vista • 5 days | 90.42 | +1.07 | +1.20% |
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
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How The Economy Is Tied To Energy – Part 2
In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some…
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How The Economy Is Tied To Energy
How does the economy really work? In my view, there are many erroneous theories in published literature. I have been investigating this topic and have…
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Current Oil Crisis More Dangerous Than You Think
The price of oil is down. How should we expect the economy to perform in 2015 and 2016? Newspapers in the United States seem to…
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Economic Inefficiency Means Low Oil Prices Are Here To Stay
Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output,…
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Ten Reasons Why A Sustained Drop In Oil Prices Could Be Catastrophic
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low…
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The Cold, Hard Truth About Renewables
Does the recent climate accord between US and China mean that many countries will now forge ahead with renewables and other green solutions? I think…
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Oil Price Slide - The Real Problem
The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing,…
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8 Reasons For Our Oil Price Predicament
A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the…
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Why Peak Oil Predictions Haven’t Come To Pass
On Monday, September 29, the Wall Street Journal (WSJ) published a story called “Why Peak Oil Predictions Haven’t Come True.” The story is written as…
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Could Low Oil Prices Point To A Debt Bubble Collapse?
Oil and other commodity prices have recently been dropping. Is this good news, or bad? Figure 1. Trend in Commodity Prices since January 2011. Brent spot…
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An Energy-Related Reason Why US Healthcare Outcomes are Awful
Back in January 2013, the US Institute of Medicine published a report called U.S. Health in International Perspective: Shorter Lives, Poorer Health. This poor health…
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Making Sense Of The US Oil Story
We frequently see stories telling us how well the United States is doing at oil extraction. The fact that there are stories in the press…
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World Oil Production at 3/31/2014–Where are We Headed?
The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for…
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Debt: Eight Reasons This Time is Different
In today’s world, we have a huge amount of debt outstanding. Academic researchers Carmen Reinhart and Kenneth Rogart have become famous for their book This…
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IEA Investment Report – What is Right; What is Wrong
Recently, the IEA published a “Special Report” called World Energy Investment Outlook. Lets’s start with things I agree with:1. World needs $48 trillion in investment…
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Converging Energy Crises – And How our Current Situation Differs from the Past
At the Age of Limits Conference, I gave a talk called Converging Crises (PDF), talking about the crises facing us as we reach energy limits.…
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The Connection Between Oil Prices, Debt Levels, and Interest Rates
If oil is “just another commodity,” then there shouldn’t be any connection between oil prices, debt levels, interest rates, and total rates of return. But…
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Eight Energy Myths Explained
Republicans, Democrats, and environmentalists all have favorite energy myths. Even Peak Oil believers have favorite energy myths. The following are a few common mis-beliefs, coming…
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Oil Limits and Climate Change – How They Fit Together
We hear a lot about climate change, especially now that the Intergovernmental Panel on Climate Change (IPCC) has recently published another report. At the same…
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The Absurdity of US Natural Gas Exports
Quiz:1. How much natural gas is the United States currently extracting?(a) Barely enough to meet its own needs(b) Enough to allow lots of exports(c) Enough…
