Crude Oil News
The U.S. Is Swimming in Newfound Oil With CO2
Last Updated on Thursday, 04 April 2013 12:25 Written by Erik Thorsen Wednesday, 03 April 2013 14:32
Diesel vs. Gasoline
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.
"Brent Crude Oil Has Been in an Upward Channel "
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.
Joining the Oil and Gas Boom, Mexico?
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
Germany Stays Afloat, But Will Her Citizens?
Written by Erik Thorsen Tuesday, 27 March 2012 14:40
Consumer confidence is decisive for keeping the macro economics humming at a time of crisis. Especially when the crisis is looming for years and won't go away.
Unlike the forces of nature, those of finance enjoy the atmosphere of a tense and stormy status quo. Detente would bring more movement, more traffic, hence more pollution -- a good excuse to rob the average citizen at the gas station and to cram the shuttle trains with workers. For those having to drive a distance to the workplace, sooner or later, if not already, the Autobahn can't be an option any more because one can't spend too much of a wage on fuel.