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2008 oil recap. And what is next

2008 oil recap. And what is next By STEVE AUSTIN for OIL-PRICE.NET, 2009/01/05 It took only 5 months for the price of oil to plummet from $150 to under $40 in the second part of…

Are Canadian Tar Sands Profitable?

Are Canadian Tar Sands Profitable? By GIUSEPPE MARCONI for OIL-PRICE.NET, 2010/01/27 In order to ascertain whether Canadian tar sands are profitable, we need to understand exactly what they are. Tar sands are mixtures of naturally…

US opens more areas for oil exploration

US opens more areas for oil exploration By MERLIN FLOWER for OIL-PRICE.NET, 2010/04/07 Sarah Palin is the one allied with the campaign "Drill, baby, drill", but in an inventive merger the President has laid claims…

How Exxon paid zero taxes in 2009

How Exxon paid zero taxes in 2009 By MERLIN FLOWER for OIL-PRICE.NET, 2010/04/15 Here's a simple question in Economics: If Exxon Mobil, the largest U.S. energy company, made a profit of $35 billion, and if…

BP shadow on oil investments

BP shadow on oil investments By MERLIN FLOWER for OIL-PRICE.NET, 2010/06/28 If the signs are directly overhead, will they be visible or invisible? That the Deep Water Horizon rig, which exploded on April 20, was…

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Will Ending Tax Breaks for Big Oil Make…

Will Ending Tax Breaks for Big Oil Make a Difference? By STEVE AUSTIN for OIL-PRICE.NET, 2011/06/01 The controversial bill proposed by the Democrats to end the substantial tax breaks extended to the major oil companies…

Oil Price and Egypt

Oil Price and Egypt By STEVE AUSTIN for OIL-PRICE.NET, 2013/08/05 Go, check the oil prices. Haven't they galloped to $106 a barrel? Indeed they have, on the back of turmoil in Egypt and tensions…