Crude Oil

History, chart and live prices

News

The U.S. Is Swimming in Newfound Oil With CO2

Attention: open in a new window. PDFPrintE-mail

Last Updated on Thursday, 04 April 2013 12:25 Written by Erik Thorsen Wednesday, 03 April 2013 14:32

Roosevelt’s method, known as carbon dioxide-enhanced oil recovery, or CO2 EOR, may speed up America’s resurgence as a fossil-fuel superpower -- and do so under a president elected as a green-energy championa.
“Independence day is coming,” says Ed Morse, global head of commodities research at Citigroup Inc. in New York.
The U.S. is swimming in newfound oil.Crude output surged 14.3 percent to an average of 6.47 million barrels a day in 2012 from a year earlier.
Share/Save/Bookmark

Read more: The U.S. Is Swimming in Newfound Oil With CO2

Diesel vs. Gasoline

Attention: open in a new window. PDFPrintE-mail

Last Updated on Thursday, 04 April 2013 16:26 Friday, 22 March 2013 07:00

One of armored limousines U.S. President Barack Obama has failed in Israel because it was fueled with diesel instead of petrol station reports Israeli Channel 2.

Share/Save/Bookmark

Read more: Diesel vs. Gasoline

"Brent Crude Oil Has Been in an Upward Channel "

Attention: open in a new window. PDFPrintE-mail

Last Updated on Thursday, 07 February 2013 16:55 Written by Erik Thorsen Thursday, 07 February 2013 16:30

Brent crude oil rose above $117 a barrel on Thursday as traders awaited word from the European Central Bank (ECB) on the region's troubled economy while keeping an eye on renewed tensions over Iran's nuclear program.

Share/Save/Bookmark

Read more: "Brent Crude Oil Has Been in an Upward Channel "

Joining the Oil and Gas Boom, Mexico?

Attention: open in a new window. PDFPrintE-mail

Written by Erik Thorsen Wednesday, 06 February 2013 07:11

Petróleos Mexicanos or Pemex is the Mexican state-owned petroleum company. The oil giant is Mexico’s largest company by sales and provides revenue that accounts for more than a third of Mexico’s budget. A deadly blast at Mexican state oil firm Pemex's headquarters is the first key test

Share/Save/Bookmark

Read more: Joining the Oil and Gas Boom, Mexico?

Oil Exporter Abu Dhabi Funded Anti-Fracking Film, But Matt Damon Doesn't Want You To Know

Attention: open in a new window. PDFPrintE-mail

Written by Elmo Robbins Thursday, 13 December 2012 14:28

Earlier this month, documentary filmmaker Philem McAleer asked questions to filmmakers Matt Damon and John Krasinski about their new anti-fracking film "Promised Land," regarding the funding the film got from Abu Dhabi. (Fracking is the extraction of natural gas from shale rock layers within the Earth, and can make the United States energy independent.) McAleer's question, and Damon's meek answer, were edited out of the podcast that was made available on iTunes.

Share/Save/Bookmark

Read more: Oil Exporter Abu Dhabi Funded Anti-Fracking Film, But Matt Damon Doesn't Want You To Know