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February, Saturday 11 2012 - 19:38:42
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Articles:

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WTI edging on Brent Crude Oil? By STEVE AUSTIN, 2012/01/10

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Lately the price of WTI crude oil has been catching up on the price of Brent crude oil thanks to a new Seaway pipeline, moving oil from Cushing to Gulf coast refineries as early as April 2012, at the rate of 400,000 barrels per day. This new pipeline will help reduce the US dependency on oil from the Middle East.
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Is Oil Fueling the Rise in Political Partisanship? By TOM THERRAMUS, 2011/11/21

Tom Therramus looked at whether oil price volatility was a causal factor in the financial crisis in his 2009 post at Oil-Price.net "Oil Caused Recession, Not Wall Street". In this piece, he looks at whether rising volatility in oil prices may also be behind the recent increase in political partisanship in the US

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Gaddafi's Legacy of Libyan Oil Deals By TOBIAS VANDERBRUCK, 2011/10/21

For decades, who ever sucked up the most to Gaddafi with lavish gifts was allowed to dip in Libya's oil. Although Gaddafi was the convenient "one-stop oil shopping" point of contact to Libyan oil, his erratic behaviour had many western powers wish for a better business partner, and so many saw an opportunity in supporting the uprising. Step in, NATO.

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Impact of Credit Downgrade on Oil Prices By TOBIAS VANDERBRUCK, 2011/09/13

The S&P downgrading of America's credit happened at an inopportune time, prompting turmoil-ridden oil producing nations to consider alternatives to the US dollar.

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Tighter Oil Supply in 2012? By STEVE AUSTIN, 2011/08/01

With close to 7 billion people and depleting oil reserves, we are approaching the planet's carrying capacity. With the oil market set to go through a lot of stress in the coming year, 2012 will surely mark a turning point to remember.

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