We are sure this is just a ‘transitory’ storm-in-a-teacup, but for those who ‘use’ energy, the price of the most important raw material in the world has never been higher on this day of the year than it is today… must be all this growth?

But of course, there’s still plenty of ‘absolute’ uspide…

4 Comments on "On This Day In History, Crude Oil Has Never Been More Expensive"

TIKIMAN on Fri, 6th Sep 2013 11:52 am 



Glad our current administration hates fossil fues AKA cheap reliabel energy!

GregT on Fri, 6th Sep 2013 3:06 pm 



Continuing to burn the remaining fossil fuels would be the ultimate ‘crime against humanity’.

The ‘current administration’ should be tried, convicted, and executed in an international court of law, for the murder of our grandchildren.

The time has come for us to be morally accountable for future generations, and all future life on Earth. BAU will eventually come to an end, we need to start planning accordingly, now.

Kenz300 on Fri, 6th Sep 2013 3:11 pm 



One more reason to switch to safer, cleaner and cheaper alternative energy sources.

bobinget on Fri, 6th Sep 2013 3:32 pm 



/uploads/13230/files/PetroleumStorageCharts5-September-13.pdf

Change in Stocks (mbbls)

Crude: -1836

Cushing Crude: -1829

Motor Gasoline: -1827

Distillates: 549

Source: EIA Weekly Petroleum Status Report