Filed under: maps, Uncategorized | Tags: congressional research service, CRS, energy, petroleum, strategic petroleum reserve
(Congressional Research Service)
(Strategic Petroleum Reserve)
I believe they reversed or will reverse the Seaway.
Filed under: Uncategorized | Tags: energy, Iran, Iran oil exports, Iran oil production, Iran oil trade, Iran sanctions, Pakistan, petroleum, sanctions
First one’s free. Yeah.. If you like it, you know where to find me. Tell your friends.
“It is only an initial offer of 80,000 barrels on deferred payment at the moment,” Irfan Qazi, a spokesman for Pakistan’s Ministry of Petroleum and Natural Resources, told Reuters.
Filed under: Uncategorized | Tags: Brent, crack spread, crude oil and gasoline prices, energy, fuel prices, gas prices, James Hamilton, oil price, peak oil, petrol, petroleum, WTI
My rule of thumb has been that for every $1 increase in the price of a barrel of crude oil, U.S. consumers are likely to pay 2-1/2 more cents for a gallon of gasoline.
Hamilton points to the lack of adequate pipeline infrastructure in the US to explain the gap between Brent and WTI.
Filed under: Uncategorized | Tags: EIA, energy, historic price predictions, make-a me laugh, oil price predictions, peak oil, petroleum, Super Wrong, wrong
This was the EIA’s thought on future oil prices just nine years ago:
From an article on EIA predictions at Seeking Alpha: http://seekingalpha.com/article/363431-flawed-oil-forecasts-hide-continued-upward-pressure-on-prices
Filed under: Uncategorized | Tags: Benzene, broken pipeline, denver, energy, oil sands, peak oil, petroleum, Platte River, refinery, Sand Creek, Suncor, toxic leak
Yes, this is Denver drinking water. They don’t even know where the leak is.
Filed under: Uncategorized | Tags: API, Canada, consumption, energy, fracking, imports, oil imports, oil sands, peak oil, petroleum, tar sands
…show US, though producing more and consuming less, still importing over 11 mbd in 2011, with just over 2 mbd from Canada.
Via Oil & Gas Journal.
Filed under: Uncategorized | Tags: consumption, energy, energy consumption, energy demand, IEA, International Energy Agency, oil demand, Peak Demand, peak oil, petroleum
IEA forecasts flat global oil demand for 2012.