Energy Central
FEBRUARY 18, 2022
The price of West Texas Intermediate (WTI) opened 2022 at about $75 a barrel (bbl). Last week, the price rose above $90/bbl for the first time since 2014. That was also the last year the price of WTI was above $100/bbl. To recap, in the first half of 2014, oil prices spent most of the time bouncing between $100/bbl and $105/bbl.
Energy Central
JUNE 7, 2022
Replacing that oil will put additional upward pressure on global oil prices, virtually assuring that oil will exceed $100/bbl if the situation further escalates.” I warned: “Russia supplied 7% of U.S. oil imports in late 2021 – a significant number. What I didn’t explain.
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Rextag
JANUARY 21, 2025
Dan Pickering, chief investment officer of Pickering Energy Partners, provides a nuanced look at the trends and challenges shaping the sector, supported by key numbers and forecasts. Current estimates suggest that at $70/ bbl oil, companies hold three to seven years of drilling inventory in core zones.
OilPro
AUGUST 6, 2024
Investing in renewable energy sources to diversify their energy portfolio. Condensate is essentially water that has been condensed from steam, and it can contain valuable heat energy as well as dissolved minerals and other impurities. There are so many ways a business can accomplish this.
The Energy Law Blog
SEPTEMBER 13, 2007
The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, natural gas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. Bbl UP $4.11 MMBtu UP $0.32
The Energy Law Blog
AUGUST 23, 2007
Bbl DOWN $4.06 The limitation of interruptible capacity is supposed to remain in place until further notice As reported by the Energy Information Agency Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.840/MMBtu DOWN $1.46 West Texas Intermediate Spot $69.30/Bbl
The Energy Law Blog
SEPTEMBER 6, 2007
Bbl UP $2.22 Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17 NYMEX (September deliveries) $5.805/MMBtu UP $0.22 Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% West Texas Intermediate Spot $75.74/Bbl
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