On Wednesday, February 23, 2011, the price of Benchmark West Texas Intermediate crude oil rose $4.59 to $100.01 dollars per barrel, with Nomura Securities predicting a "worst case scenario" rise in prices to $220 dollars per barrel. Today's rise of crude prices to over $100 per barrel exceeds...
The Gulf Oil spill stopped, outlook improving for the region. The BP owned oil rig wreaking havoc on the Gulf Of Mexico since an April 20, 2010 Deepwater Horizon explosion has been capped. The cap was effectively installed on on Thursday, July 15, 2010. Official U.S. Coast Guard...
The Gulf Oil Spill worsens as Obama falters during his first Oval Office Address. Since an April 20, 2010 explosion at an oil platform leased by BP, an estimated 210,000 gallons or more of crude oil have spewed into the Gulf of Mexico daily. On the fifty sixth day since the leak began,...
The oil spill in the Gulf of Mexico resulting from an offshore platform explosion on April 20, 2010 is worse than the Exxon Valdez oil spill. The Gulf of Mexico faces 210,000 gallons of crude oil furiously pouring out of the Deepwater Horizon site which claimed the lives of 11 workers. The only...
A barrel of oil contains 44 gallons of crude oil, which is turned into: - 18.56 gallons of gasoline- 10.31 gallons of diesel fuel- 7.01 gallons is used for "other", including plastics, cosmetics, paints, etc.- 4.07 gallons of jet fuel- 1.72 gallons of liquified petroleum (LP) gas- 1.68 gallons of...
Gulf Spill compromises air quality and sickens 560 plus people. Reports from AFP, an Austin, Texas based air filtration and purification company have indicated 160 spill crew workers and 400 beachgoers in Escambia County, Florida received medical treatment for upper and lower respiratory...
An oil rig explosion in the Gulf of Mexico has left 11 workers missing. Rescuers have reunited over 100 survivors from the massive explosion which occurred Tuesday April 20, 2010 at an offshore platform leased by BP, near the coast of Louisiana. The Coast Guard and rescue aircraft have worked...
An oil shortage is predicted by 2015 per U.S. researchers. The International Energy Agency released a report on April 15,2010 with dire predictions for oil consumption and prices. The IEA found that the oil demand, by the end of 2010, will reach an astounding 86.6 barrels a day with a 2% rise...
Based on information provided by the US Department of Energy, 40 percent of the United States' energy requirements are being met through the use various petroleum products. This is a cause for concern among many people who think that the country should be implementing measures to slowly shift...
The Gulf Oil Spill burn off fires create toxic gas. Chemist Wilma Subra and Scientist MacArthur Grant offered a video for Takepart.com highlighting the significant, long term risks of burning the oil in the Gulf. Subra and Grant conclude that burning off the oil, though an easy and...
