For example, natural gas is much lower cost right now than heating oil,but I would like to know how that is calculated so that I can apply the forumla so some historical data and track this relationship over time.
Since there seems to be so much debate, and majority of republicans and americans think that we should drill offshore to avoid high gas prices, I want to know how drilling for oil offshore will affect our gas prices today. If it doesn’t affect it, tell me why it would lessen our dependency on foreign [...]
During the election, President-Elect Obama said he supported Oil/Gas exploration (including offshore drilling) under pressure from polling that showed 70% of Americans believed that oil/gas exploration was an important component in addressing our energy needs and foreign dependence on oil. Today he announced his intention to reverse the presidential order to permit such exploration [...]
Liberals keep claiming that the recent substantial rise in oil prices is normal for the holidays heading into the summer. How often does the price of oil nearly double for the holidays heading into the summer?
No Bush rants please, this question has nothing to do with Bush. Please answer the actual question. For those who [...]
How is Crude oil important in Canada
can anyone give me a good long example ?
can anyone give me a good long example ?
can anyone give me a good long example ?
I am also trying to learn the differences between drilling for oil vs gas? And the equipment needed for removing drill cuttings from the well bore.
Because oil was at 7.27 in July, that figure has been halved. During this time the American public was urging people to cut down on oil consumption in retaliation to the price drop and to save money. Do you believe that this contributed heavily to the price drop, and if so is this a good [...]
A year or so ago, we were approached by a company called The Ontario Energy Savings Corp. and invited to sign up for a natural gas fixed price program, promising to "lock your price in now for guaranteed protection against future increases."
I guess whenever a business offers me something, my first question is, [...]
Let’s say that the offshore oil drilling ban were lifted tomorrow and every drill was up and running. Does anyone believe that gas prices will go down soon?
One study says 2025:
http://www.politifact.com/truth-o-meter/article/2008/jun/19/MCCAINOIL/
One study says five years, but only nine cents a gallon:
http://finance.boston.com/boston?GUID=5773976&Page=MediaViewer&ChannelID=5496
The US energy information administration says: “access to the Pacific, Atlantic, and eastern Gulf [...]
Apparently crude oil prices dropped to a four week low to .02/barrel. I want to know how it could affect a company I might potentially invest in.
If we start, it will make us independent from other countries such as Venezuela and Saudi Arabia.
When we see this price go down, how soon until we can expect to see the price at the pump go down? Also, these price reports usually include "for (month) delivery". Does that mean delivery to consumers, or delivery to the refineries? How does this delivery month affect prices at the pump?
I [...]
i'm looking to see if I should lock in my home heating gas price for the next year.
Does anyone know the average cost of drilling a well in the
Gulf of Mexico and the probibilities of success and the expected amount of oil & gas that should be discovered . I want to know what kind of money can be made now with the current price of oil/gas.
I am a driller on a drilling rig, and I only want opinions of other oilfield workers.. I.E. Consultants, investors, and geologists. Any incite would be appriciated.
Something fishy's going on. so who really controls the price of oil?
Is crude oil a mixture or compound of different molecules??
Are the molecules in crude oil chemically bonded to each other??
Thanks!!