http://www.energyandoil.com Profiting in an energy driven world... Wed, 29 Oct 2008 20:42:02 +0000 http://backend.userland.com/rss092 en Along with the market decline, the price of oil has fallen. It’s down 50% within three months. Back when oil hit $147 per barrel in July, I said that the price “ought” to be in the range of $100-110, with the possibility of a drop into the $90s. That’s what ... http://www.energyandoil.com/oil-prices-down-for-now Western nations - the U.S., in particular - are now experiencing the bow wave of a profound change in the current and future availability of oil. According to recently published data, oil output from all major Western oil companies is on an ominous decline trend. Exxon Mobil, for example, announced ... http://www.energyandoil.com/us-oil-and-nationalism Gulf Oil Production and the LOOP One of the major energy facilities in the Gulf is the Louisiana Offshore Oil Port, or the LOOP. The LOOP is basically an oil terminal located at sea, south of Port Fourchon. The LOOP is designed to handle ultra-large oil tankers up to 750,000 tons -- about ... http://www.energyandoil.com/gulf-oil-production-and-the-loop Well, what’s the big story for this week? Is it the hurricane named Gustav, which was supposed to out-Katrina Katrina? Or is it another hurricane?  Or does the story focus on the fall of oil prices? Or is it the collapse of many other commodity and resource prices? Or is ... http://www.energyandoil.com/hurricanes-price-of-oil-rising-dollar How big is the Boeing Everett plant? It’s big. Very big. (It’s also big on energy an technology, we’ll get to that in a minute…) (Photos Courtesy of Boeing)     You could fit the Pentagon inside the Boeing Everett plant. It’s the world’s largest building, by volume. There are literally miles of utility ... http://www.energyandoil.com/an-inside-look-at-the-boeing-plant-at-everett Western nations - the U.S., in particular - are now experiencing the bow wave of a profound change in the current and future availability of oil. According to recently published data, oil output from all major Western oil companies is on an ominous decline trend. Exxon Mobil, for example, announced ... http://www.energyandoil.com/peak-oil-politics-and-us-energy-supply I discussed the short-term weakness in oil prices. Let’s discuss the long term. Oil is headed back up, for all the familiar reasons. Really, it’s not like anyone is finding new large oil deposits out in exploration land. Indeed, a whole lot of looking is leading to not very much finding ... http://www.energyandoil.com/oil-exploration-a-lot-of-looking-not-much-finding What’s going on with gold and oil? Here’s what we know. Prices for both gold and oil were moving upward for most of the spring and well into summer. Then prices hit a peak. Gold touched $980 per ounce. Oil topped $146 per barrel. Now prices are falling. Back when oil was ... http://www.energyandoil.com/the-gold-and-oil-correction As I’ve driven across Canada and down into North Dakota, I’ve been seeing energy everywhere. The farms are well tended, and the agricultural productivity is awe inspiring. There are wind farms up, and going up, on many a hillside. Power lines crisscross the landscape. There are dams and impoundments on many ... http://www.energyandoil.com/north-dakota-oil-energy-is-%e2%80%9cburning-up-the-roads%e2%80%9d You certainly know that energy prices have gone up this year. In particular, the price of oil has risen. And energy price increases have played havoc with Western economies. Doubtless, your personal costs of living have gone up. It costs more to drive your car. You pay more for food at ... http://www.energyandoil.com/major-us-oil-supplier-nigeria-in-trouble