Add to ORKGGlut? As motorists, none of us have observed the low prices that would accompany a gasoline glut. Yet, the US will soon face a glut of crude oil - the amount we will produce (along with imports) will exceed the amount we can process and transport. Evidence of the coming glut is the falling price of US petroleum relative to the world price. Since 2010, the price at Cushing, OK (West Tex-as Intermediate, or WTI ) has fallen to $10-15 per barrel below the world price, represented by the Brent price in Fig 1. Even within the US, the price at the new west Texas oilfields has fall-en to $17 per barrel below the Cushing price, simply due to inadequate transportation infra-structure
As the biofuel industry has developed, there has been a lot of discussion about the linkages between...
The oil price decline has been the subject of major captions in the last months and has been outline...
The United States is the world\u27s largest oil consumer demanding about twenty five percent of the ...
Glut? As motorists, none of us have observed the low prices that would accompany a gasoline glut. Ye...
The price of crude oil took a steep dive last year, plunging from $95 per barrel just a year ago to ...
In this year of the monumental oil spill off our shores, Americans are being brought face-to-face wi...
We are a country that runs on oil. From the gasoline in our cars to the plastic in our computers to ...
President Bush has noted that the U.S. is “addicted” to oil and other fossil fuels. This observation...
How have shocks to supply and demand affected global oil prices; and what are key policy implication...
Perhaps the most daunting challenge the next generation of Americans will face is what President Bus...
There are many persistent local and international conflicts in oil producing countries due to power ...
Corn-based ethanol can make a dent in demand for oil, but at what price? Food costs go up. Environme...
The issue of going from petroleum to alternatives fuels is a growing matter in the United States. Ha...
When will ethanol plants stop being built? Ethanol plants under construction in Nebraska will have t...
The falling price of oil is beginning to have a real impact on the energy-fuelled economies of the G...
As the biofuel industry has developed, there has been a lot of discussion about the linkages between...
The oil price decline has been the subject of major captions in the last months and has been outline...
The United States is the world\u27s largest oil consumer demanding about twenty five percent of the ...
Glut? As motorists, none of us have observed the low prices that would accompany a gasoline glut. Ye...
The price of crude oil took a steep dive last year, plunging from $95 per barrel just a year ago to ...
In this year of the monumental oil spill off our shores, Americans are being brought face-to-face wi...
We are a country that runs on oil. From the gasoline in our cars to the plastic in our computers to ...
President Bush has noted that the U.S. is “addicted” to oil and other fossil fuels. This observation...
How have shocks to supply and demand affected global oil prices; and what are key policy implication...
Perhaps the most daunting challenge the next generation of Americans will face is what President Bus...
There are many persistent local and international conflicts in oil producing countries due to power ...
Corn-based ethanol can make a dent in demand for oil, but at what price? Food costs go up. Environme...
The issue of going from petroleum to alternatives fuels is a growing matter in the United States. Ha...
When will ethanol plants stop being built? Ethanol plants under construction in Nebraska will have t...
The falling price of oil is beginning to have a real impact on the energy-fuelled economies of the G...
As the biofuel industry has developed, there has been a lot of discussion about the linkages between...
The oil price decline has been the subject of major captions in the last months and has been outline...
The United States is the world\u27s largest oil consumer demanding about twenty five percent of the ...