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Category: Crude Oil

The news items published under this category are as follows.
Crude Oil: Republicans Have Big Oil in Their DNA
Posted by: IT   
The two species have a natural affinity for each other. It's likely they sprang from the same genetic pool.
By  Jim Hightower | Alternet Jun 30, 2010

If scientists were to compare the DNA of Republican congress-critters and of oil corporations, I'll bet they'd find that they match perfectly. After all, the two species have identical political instincts and seem to have a natural affinity for each other -- so I'm pretty sure they sprang from the same genetic pool.
Environment
>>> Read full article: 'Republicans Have Big Oil in Their DNA' (5455 bytes more) Send this story to someone Printer-friendly page 87 Reads
Crude Oil: BP Wants YOU to Solve The Deepwater Horizon Crisis 
Posted by: IT   
Environment  200,000 gallons of oil a day into the Gulf of Mexico
by Sarah Parsons | May 11, 2010

Since the Deepwater Horizon explosion o­n April 20th, the rig's been spewing more than 200,000 gallons of oil a day into the Gulf of Mexico.

151 Reads  >>> Read full article: 'BP Wants YOU to Solve The Deepwater Horizon Crisis' (2626 bytes more) Send this story to someone Printer-friendly page
Crude Oil: The Peak Oil Crisis: The Perfect Storm
Posted by: Admin   
By Tom Whipple | fcnp.com Sep 28, 2006

Events move quickly these days. Two months ago oil was north of $78 a barrel and, nationwide, gasoline was above to well above $3. The Middle East was threatening a conflagration and another exciting hurricane season was in the offing. Even the concept of peak oil was starting to get some scattered but serious attention in the media.
Crude Oil Market
>>> Read full article: 'The Peak Oil Crisis: The Perfect Storm' (6944 bytes more) Send this story to someone Printer-friendly page 232 Reads
Crude Oil: EIA Data May Confirm Kenneth Deffeyes’ Calculation... 
Posted by: IT   
Crude Oil Market  ...that Global Oil Production Has Peaked.
By Michael Kane | FTW Sep, 2006

Roger Blanchard recently brought to my attention that, according to the most recent data published by the Energy Information Administration (EIA), global production of liquid hydrocarbons in the first half of this year was down by 110,000 b/d compared to the first half of 2005. (See http://www.eia.doe.gov/emeu/international/oilproduction.html and Selected Countries-International Petroleum (Oil) Production Table.)


117 Reads  >>> Read full article: 'EIA Data May Confirm Kenneth Deffeyes’ Calculation...' (6799 bytes more) Send this story to someone Printer-friendly page
Crude Oil: Thunder Horse still in the stall
Posted by: IT   
Corrosion could slow startup of BP Gulf platform
By TOM FOWLER | Houston Chronicle September 19, 2006

Corrosion may be to blame for yet another problem for oil giant BP, this time a lengthy delay in the startup of its already overdue Thunder Horse platform in the Gulf of Mexico.
Crude Oil Market
>>> Read full article: 'Thunder Horse still in the stall' (4878 bytes more) Send this story to someone Printer-friendly page 137 Reads
Crude Oil: Resource nationalism’ is squeezing oil users 
Posted by: IT   
Crude Oil Market  By Barbara Lewis and Simon Webb | Reuters, September 10, 2006

LONDON: High crude prices have widened the rift between consuming nations, hungry for oil now, and producers who argue they must manage their reserves for the future. Britain used the latest technology to pump as much North Sea oil as possible and now its fields are declining at the fastest rate in the world.

At the other extreme, under-explored Libya, whose oil development was hobbled by years of international sanctions, has rising production rates and great potential.

142 Reads  >>> Read full article: 'Resource nationalism’ is squeezing oil users' (4760 bytes more) Send this story to someone Printer-friendly page
Crude Oil: The Peak Oil Crisis: Hyping Jack No. 2
Posted by: Admin   
By Tom Whipple | Falls Church News September 14, 2006

The story broke the morning after Labor Day, when the Wall Street Journal ran a front-page piece reporting that Chevron along with two partners had announced the results of a major oil production test in the Gulf of Mexico.

Crude Oil Market
>>> Read full article: 'The Peak Oil Crisis: Hyping Jack No. 2' (6511 bytes more) Send this story to someone Printer-friendly page 177 Reads
Crude Oil: Iran eyes Russia, China if Japan stalls on oil deal 
Posted by: Admin   
Crude Oil Market  Japan Times | Tuesday, Aug. 29, 2006

TEHRAN (Kyodo) Iran has warned Japan of a possible move to seek joint development of its giant Azadegan oil field with Russia or China if it cannot reach an agreement with Japan by Sept. 15, a local news agency reported.

206 Reads  >>> Read full article: 'Iran eyes Russia, China if Japan stalls on oil deal' (3038 bytes more) Send this story to someone Printer-friendly page
Crude Oil: Venezuela to produce more than five mln bpd in 2012: Chavez
Posted by: Admin   
"Venezuela has the biggest oil reserves in the world"
BEIJING (AFP) | August 25, 2006

BEIJING (AFP) - Venezuela will boost its oil output to more than five million barrels per day (bpd) in 2012 and will seek new clients to lessen its dependence o­n the United States, President Hugo Chavez said.
Crude Oil Market
>>> Read full article: 'Venezuela to produce more than five mln bpd in 2012: Chavez' (2979 bytes more) Send this story to someone Printer-friendly page 135 Reads
We prefer world law, in the age of self-determination, to world war in the age of mass extermination.
John F. Kennedy, 1917-1963, Thirty-fifth President of the USA
 





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