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Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


1

OPEC agrees to lower oil prices, production  

Science Journals Connector (OSTI)

OPEC agrees to lower oil prices, production ... The attempt to stabilize prices and salvage some of OPEC's eroding control of the world oil market forced the cartel to make the first price cut in its history. ... U.S. government officials, predicting that the price ultimately would fall to between $25 and $27 per barrel from the new benchmark level of $29, said the new price would increase domestic production of goods and services 0.4% and cut consumer prices in the U.S. nearly 1.0%. ...

1983-03-21T23:59:59.000Z

2

Production cuts to support oil prices  

Science Journals Connector (OSTI)

Most commodity quotations have continued to fall in recent months as a result of the weaker global economy. Crude oil prices, on the other hand, had been ... to fall. Is the success of the oil exporters' change i...

Klaus Matthies

3

Prediction of prices for oil products in the internal market  

Science Journals Connector (OSTI)

The paper considers the Russian market of oil products and provides a model of this ... of which suggests approaches to forecasting the internal prices of oil producers within one scenario of economic development...

Yu. A. Bakman

2014-01-01T23:59:59.000Z

4

Retail Product Prices Are Driven By Crude Oil  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Retail prices for both gasoline and diesel fuel have risen strongly over the past two years, driven mostly by the rise in world crude oil prices to their highest levels since the Persian Gulf War. Of course, there are a number of other significant factors that impact retail product prices, the most important of which is the supply/demand balance for each product. But the point of this slide is to show that generally speaking, as world crude oil prices rise and fall, so do retail product prices. Because of the critical importance of crude oil price levels, my presentation today will look first at global oil supply and demand, and then at the factors that differentiate the markets for each product. I'll also talk briefly about natural gas, and the impact that gas

5

Steadying of oil prices  

Science Journals Connector (OSTI)

Oil prices have fallen below the 30 dollar mark ... in the lower half of OPEC’s target price band. Will OPEC manage to maintain high prices and revenues by restricting production?

Klaus Matthies

6

Spot Prices for Crude Oil and Petroleum Products  

U.S. Energy Information Administration (EIA) Indexed Site

Spot Prices Spot Prices (Crude Oil in Dollars per Barrel, Products in Dollars per Gallon) Period: Daily Weekly Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Product by Area 12/09/13 12/10/13 12/11/13 12/12/13 12/13/13 12/16/13 View History Crude Oil WTI - Cushing, Oklahoma 97.1 98.32 97.25 97.21 96.27 97.18 1986-2013 Brent - Europe 110.07 108.91 109.47 108.99 108.08 110.3 1987-2013 Conventional Gasoline New York Harbor, Regular 2.677 2.698 2.670 2.643 2.639 2.650 1986-2013 U.S. Gulf Coast, Regular 2.459 2.481 2.429 2.398 2.377 2.422 1986-2013 RBOB Regular Gasoline Los Angeles 2.639 2.661 2.569 2.543 2.514 2.527 2003-2013 No. 2 Heating Oil New York Harbor

7

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crude023 Understanding Crude Oil Prices James D. Hamilton June

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

8

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crudein predicting quarterly real oil price change. variable real

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

9

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),023 Understanding Crude Oil Prices James D. Hamilton Junedirectly. Understanding Crude Oil Prices* James D. Hamilton

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

10

EIA - AEO2010 - World oil prices and production trends in AEO2010  

Gasoline and Diesel Fuel Update (EIA)

World oil prices and production trends in AEO2010 World oil prices and production trends in AEO2010 Annual Energy Outlook 2010 with Projections to 2035 World oil prices and production trends in AEO2010 In AEO2010, the price of light, low-sulfur (or “sweet”) crude oil delivered at Cushing, Oklahoma, is tracked to represent movements in world oil prices. EIA makes projections of future supply and demand for “total liquids,” which includes conventional petroleum liquids—such as conventional crude oil, natural gas plant liquids, and refinery gain—in addition to unconventional liquids, which include biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil. World oil prices can be influenced by a multitude of factors. Some tend to be short term, such as movements in exchange rates, financial markets, and weather, and some are longer term, such as expectations concerning future demand and production decisions by the Organization of the Petroleum Exporting Countries (OPEC). In 2009, the interaction of market factors led prompt month contracts (contracts for the nearest traded month) for crude oil to rise relatively steadily from a January average of $41.68 per barrel to a December average of $74.47 per barrel [38].

11

The relative effects of crude oil price and exchange rate on petroleum product prices: Evidence from a set of Northern Mediterranean countries  

Science Journals Connector (OSTI)

Abstract This paper provides a set of empirical evidence from five Northern Mediterranean countries that are subject to similar refinery reference prices regarding the relative sensitivity of crude oil prices and exchange rate on (pre-tax) petroleum product prices. The empirical evidence reveals that a one percent increase in exchange rate (depreciation) increases petroleum product prices less than a one percent increase in crude oil prices does in the long run. In the short run, however, a one percent increase in exchange rate increases petroleum product prices more than a one percent increase in crude oil prices does.

M. Hakan Berument; Afsin Sahin; Serkan Sahin

2014-01-01T23:59:59.000Z

12

Retail Diesel Fuel Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Along with heating oil prices, the distillate supply squeeze has Along with heating oil prices, the distillate supply squeeze has severely impacted diesel fuel prices, especially in the Northeast. Diesel fuel is bascially the same product as home heating oil. The primary difference is that diesel has a lower sulfur content. When heating oil is in short supply, low sulfur diesel fuel can be diverted to heating oil supply. Thus, diesel fuel prices rise with heating heating oil prices. Retail diesel fuel prices nationally, along with those of most other petroleum prices, increased steadily through most of 1999. But prices in the Northeast jumped dramatically in the third week of January. Diesel fuel prices in New England rose nearly 68 cents per gallon, or 47 percent, between January 17 and February 7. While EIA does not have

13

Product Price Spreads Over Crude Oil Vary With Seasons and Supply/Demand  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Of course, petroleum product prices don't move in lockstep to crude oil prices, for a number of reasons. We find it useful to look at variations in the spread between product and crude oil prices, in this case comparing spot market prices for each. The difference between heating oil and crude oil spot prices tends to vary seasonally; that is, it's generally higher in the winter, when demand for distillate fuels is higher due to heating requirements, and lower in the summer. (Gasoline, as we'll see later, generally does the opposite.) However, other factors affecting supply and demand, including the relative severity of winter weather, can greatly distort these "typical" seasonal trends. As seen on this chart, the winters of 1995-96 and 1996-97 featured

14

AEO2011: Lower 48 Crude Oil Production and Wellhead Prices by Supply Region  

Open Energy Info (EERE)

Crude Oil Production and Wellhead Prices by Supply Region Crude Oil Production and Wellhead Prices by Supply Region Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 132, and contains only the reference case. The data is broken down into Production, lower 48 onshore and lower 48 offshore. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO crude oil EIA prices Data application/vnd.ms-excel icon AEO2011: Lower 48 Crude Oil Production and Wellhead Prices by Supply Region- Reference Case (xls, 54.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035 License License Open Data Commons Public Domain Dedication and Licence (PDDL)

15

EIS-0016: Cumulative Production/Consumption Effects of the Crude Oil Price Incentive Rulemakings, Programmatic  

Energy.gov (U.S. Department of Energy (DOE))

The U.S. Department of Energy prepared this Final Statement to FEA-FES-77-7 to assess the environmental and socioeconomic implications of a rulemaking on crude oil pricing incentives as pertains to the full range of oil production technologies (present as well as anticipated.)

16

Residential heating oil price  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to 2.91 per gallon. That's down 1.10 from a year ago, based on the...

17

Residential heating oil price  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 7.5 cents from a week ago to 2.84 per gallon. That's down 1.22 from a year ago, based on the...

18

Residential heating oil price  

NLE Websites -- All DOE Office Websites (Extended Search)

heating oil price decreases The average retail price for home heating oil fell 7.6 cents from a week ago to 2.97 per gallon. That's down 1.05 from a year ago, based on the...

19

Residential heating oil price  

NLE Websites -- All DOE Office Websites (Extended Search)

heating oil price decreases The average retail price for home heating oil fell 3.6 cents from a week ago to 3.04 per gallon. That's down 99.4 cents from a year ago, based on the...

20

Oil futures prices in a production economy with investment constraints  

E-Print Network (OSTI)

We document a new stylized fact regarding the term structure of futures volatility. We show that the relationship between the volatility of futures prices and the slope of the term structure of prices is non-monotone and ...

Kogan, Leonid

2008-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


21

Impact of Exogenous Shocks on Oil Product Market Prices  

Science Journals Connector (OSTI)

The presence in Italy of a high number of vertically integrated energy companies, has given us the idea to investigate the effects that adoption of new price policies, and geopolitical events, have on the mechani...

Antonio Angelo Romano; Giuseppe Scandurra

2011-01-01T23:59:59.000Z

22

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 2001 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

23

Crude Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 2002 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

24

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Information AdministrationPetroleum Marketing Annual 2000 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

25

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

26

Crude Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

27

Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

This chart highlights residential heating oil prices for the current and This chart highlights residential heating oil prices for the current and past heating season. As you can see, prices have started the heating season, about 40 to 50 cents per gallon higher than last year at this time. The data presented are from EIA's State Heating Oil and Propane Program. We normally collect and publish this data twice a month, but given the low stocks and high prices, we started tracking the prices weekly. These data will also be used to determine the price trigger mechanism for the Northeast Heating Oil Reserve. The data are published at a State and regional level on our web site. The slide is to give you some perspective of what is happening in these markets, since you probably will get a number of calls from local residents about their heating fuels bills

28

First Factor Impacting Distillate Prices: Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

8 8 Notes: World oil prices have tripled from their low point in December 1998 to August this year, pulling product prices up as well. But crude prices are expected to show a gradual decline as increased oil production from OPEC and others enters the world oil market. We won't likely see much decline this year, however, as prices are expected to end the year at about $30 per barrel. The average price of WTI was almost $30 per barrel in March, but dropped to $26 in April as the market responded to the additional OPEC production. However, prices strengthened again, averaging almost $32 in June, $30 in July, and $31 in August. The continued increases in crude oil prices indicate buyers are having trouble finding crude oil, bidding higher prices to obtain the barrels available.

29

Oil Price Volatility  

U.S. Energy Information Administration (EIA) Indexed Site

Speculation and Oil Price Volatility Speculation and Oil Price Volatility Robert J. Weiner Robert J. Weiner Professor of International Business, Public Policy & Professor of International Business, Public Policy & Public Administration, and International Affairs Public Administration, and International Affairs George Washington University; George Washington University; Membre Associ Membre Associ é é , GREEN, Universit , GREEN, Universit é é Laval Laval EIA Annual Conference Washington Washington 7 April 2009 7 April 2009 1 FACTORS DRIVNG OIL PRICE VOLATILITY FACTORS DRIVNG OIL PRICE VOLATILITY ► ► Market fundamentals Market fundamentals . . Fluctuations in supply, Fluctuations in supply, demand, and market power demand, and market power Some fundamentals related to expectations of Some fundamentals related to expectations of

30

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

31

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

32

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2007”. comparison, Mexico used 6.6— Chinese oil consumption17. Oil production from the North Sea, Mexico’s Cantarell,

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

33

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2007”. comparison, Mexico used 6.6— Chinese oil consumption17. Oil production from the North Sea, Mexico’s Cantarell,Mexico, Italy, France, Canada, US, and UK. Figure 10. Historical Chinese oil

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

34

World oil demand’s shift toward faster growing and less price-responsive products and regions  

Science Journals Connector (OSTI)

Using data for 1971–2008, we estimate the effects of changes in price and income on world oil demand, disaggregated by product – transport oil, fuel oil (residual and heating oil), and other oil – for six groups of countries. Most of the demand reductions since 1973–74 were due to fuel-switching away from fuel oil, especially in the OECD; in addition, the collapse of the Former Soviet Union (FSU) reduced their oil consumption substantially. Demand for transport and other oil was much less price-responsive, and has grown almost as rapidly as income, especially outside the OECD and FSU. World oil demand has shifted toward products and regions that are faster growing and less price-responsive. In contrast to projections to 2030 of declining per-capita demand for the world as a whole – by the U.S. Department of Energy (DOE), International Energy Agency (IEA) and OPEC – we project modest growth. Our projections for total world demand in 2030 are at least 20% higher than projections by those three institutions, using similar assumptions about income growth and oil prices, because we project rest-of-world growth that is consistent with historical patterns, in contrast to the dramatic slowdowns which they project.

Joyce M. Dargay; Dermot Gately

2010-01-01T23:59:59.000Z

35

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: With the worst of the heating season (October-March) now behind us, we can be fairly confident that retail heating oil prices have seen their seasonal peak. Relatively mild weather and a softening of crude oil prices have helped ease heating oil prices. Spot heating oil prices recently reached their lowest levels in over six months. Because of relatively balmy weather in the Northeast in January and February, heating oil stock levels have stabilized. Furthermore, heating oil production has been unusually robust, running several hundred thousand barrels per day over last year's pace. Currently, EIA expects winter prices to average around $1.41, which is quite high in historical terms. The national average price in December 2000 was 44 cents per gallon above the December 1999 price. For February

36

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

One of the first places where consumers are feeling the impact of One of the first places where consumers are feeling the impact of this winter's market pressures is in home heating oil prices. This chart shows prices through February 28, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of heating oil

37

Residential heating oil prices decrease  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices decrease The average retail price for home heating oil fell 1.7 cents from a week ago to 4.02 per gallon. That's up 1.7 cents from a year ago, based on the...

38

Residential heating oil price decreases  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 7.8 cents from a week ago to 3.14 per gallon. That's down 81.1 cents from a year ago, based on the...

39

Residential heating oil price decreases  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 10.5 cents from a week ago to 3.22 per gallon. That's down 73.6 cents from a year ago, based on the...

40

Residential heating oil price decreases  

Gasoline and Diesel Fuel Update (EIA)

heating oil price decreases The average retail price for home heating oil fell 1.8 cents from a week ago to 2.82 per gallon. That's down 1.36 from a year ago, based on the...

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


41

Residential heating oil prices decline  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 2 cents from a week ago to 3.36 per gallon. That's down 52.5 cents from a year ago, based on the...

42

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 3.9 cents last week to 3.96 per gallon. That's down 2.6 cents from a year ago, based on the...

43

Residential heating oil price decreases  

NLE Websites -- All DOE Office Websites (Extended Search)

05, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to 3.43 per gallon. That's down 39 cents from a year...

44

Residential heating oil price decreases  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to 3.42 per gallon. That's down 39.5 cents from a year ago,...

45

Residential heating oil prices decrease  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 2.9 cents from a week ago to 3.45 per gallon. That's down 36.6 cents from a year ago, based on the...

46

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 3.3 cents from a week ago to 3.38 per gallon. That's down 43.9 cents from a year ago, based on the...

47

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 6.5 cents from a week ago to 4.24 per gallon. That's up 14.9 cents from a year...

48

Residential heating oil price decreases  

NLE Websites -- All DOE Office Websites (Extended Search)

6, 2014 Residential heating oil price decreases The average retail price for home heating oil rose 1.6 cents from a week ago to 4.24 per gallon. That's up 8.9 cents from a year...

49

Residential heating oil prices decline  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to 3.08 per gallon. That's down 90.3 cents from a year ago, based on the...

50

Residential heating oil price decreases  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 3.8 cents from a week ago to 3.33 per gallon. That's down 59.1 cents from a year ago, based on the...

51

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 5.4 cents from a week ago to 4.04 per gallon. That's up 4.9 cents from a year ago, based on the...

52

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 2.9 cents from a week ago to 3.98 per gallon. That's up 6-tenths of a penny from a year ago, based...

53

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

3, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 4.4 cents from a week ago to 4.06 per gallon. That's up 4.1 cents from a year...

54

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices decline The average retail price for home heating oil is 3.48 per gallon. That's down 4.5 cents from a week ago, based on the residential heating fuel survey by...

55

Residential heating oil prices decrease  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil prices decrease The average retail price for home heating oil fell 1.8 cents from a week ago to 4.00 per gallon. That's down 2-tenths of a cent...

56

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 12 cents from a week ago to 4.18 per gallon. That's up 13 cents from a year ago, based on the...

57

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Slide 2 of 11 Notes: One of the first places where consumers are feeling the impact of this winterÂ’s market pressures is in home heating oil prices. This chart shows prices through February 7, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents per gallon through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of

58

Understanding Crude Oil Prices  

E-Print Network (OSTI)

disruptions, and the peak in U.S. oil production account foroil increased 81.1% (logarithmically) between January 1979 and the peak

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

59

What's Driving Oil Prices? James L. Smith  

E-Print Network (OSTI)

Issues in Energy Federal Reserve Bank of Dallas November 2, 2006 The Price of OPEC Oil ($/bbl) $0 $20 $40;8 DIFFERENCES AMONG OPEC MEMBERS Proved Oil Crude Oil Reserves to GDP Reserves Production Production Ratio Member $ per capita bbl per capita bbl per capita years Algeria 3,113 373 15 25 Indonesia 1,290 20 2 11

O'Donnell, Tom

60

Business Cycle Effects on Metal and Oil Prices: Understanding the Price Retreat of 2008-9  

E-Print Network (OSTI)

1 Business Cycle Effects on Metal and Oil Prices: Understanding the Price Retreat of 2008 of macroeconomic business cycles on six metals traded on the London Metal Exchange and oil prices. Reduced GDP oil prices (as a proxy for energy inputs in metals production) are derived. The estimated trend

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


61

Retail Diesel Fuel Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Along with heating oil prices, the distillate supply squeeze has Along with heating oil prices, the distillate supply squeeze has severely impacted diesel fuel prices, especially in the Northeast. Retail diesel price data are available sooner than residential heating oil data. This graph shows that diesel prices turned the corner sometime after February 7 and are heading down. Retail diesel fuel prices nationally, along with those of most other petroleum prices, increased steadily through most of 1999. Prices jumped dramatically (by over 11 cents per gallon) in the third week of January, and rose 2 or more cents a week through February 7. The increases were much more rapid in the Northeast. From January 17 through February 7, diesel fuel prices in New England rose nearly 68 cents per gallon, or 47 percent. Prices in the Mid-Atlantic region rose about 58

62

Oil Prices and Long-Run Risk.  

E-Print Network (OSTI)

??I show that relative levels of aggregate consumption and personal oil consumption provide anexcellent proxy for oil prices, and that high oil prices predict low… (more)

READY, ROBERT

2011-01-01T23:59:59.000Z

63

Residential heating oil prices available  

NLE Websites -- All DOE Office Websites (Extended Search)

ago, based on the U.S. Energy Information Administration's weekly residential heating fuel price survey. Heating oil prices in the New England region are at 3.48 per gallon,...

64

Winter Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Residential heating oil prices reflect a similar pattern to that shown in spot prices. However, like other retail petroleum prices, they tend to lag changes in wholesale prices in both directions, with the result that they don't rise as rapidly or as much, but they take longer to recede. This chart shows the residential heating oil prices collected under the State Heating Oil and Propane Program (SHOPP), which only runs during the heating season, from October through March. The spike in New York Harbor spot prices last winter carried through to residential prices throughout New England and the Central Atlantic states. Though the spike actually lasted only a few weeks, residential prices ended the heating season well above where they had started.

65

Oil Prices and Terms of Trade.  

E-Print Network (OSTI)

?? One of the central issues in international macroeconomics is relative price movements and their sources. One such price is the price of crude oil.… (more)

Mirfacihi, Azar

2006-01-01T23:59:59.000Z

66

Microsoft Word - high-oil-price.doc  

Gasoline and Diesel Fuel Update (EIA)

Short Term Energy Outlook Short Term Energy Outlook 1 STEO Supplement: Why are oil prices so high? During most of the 1990s, the West Texas Intermediate (WTI) crude oil price averaged close to $20 per barrel, before plunging to almost $10 per barrel in late 1998 as a result of the Asian financial crisis slowing demand growth while extra supply from Iraq was entering the market for the first time since the Gulf War. Subsequently, as Organization of Petroleum Exporting Countries (OPEC) producers more closely adhered to a coordinated production quota and reduced output, crude oil prices not only recovered, but increased to about $30 per barrel as demand grew as Asian economies recovered. The most recent increase in crude oil prices began in 2004, when they almost doubled from 2003 levels, rising from about $30 per barrel at the end

67

Linking Oil Prices, Gas Prices, Economy, Transport, and Land Use  

E-Print Network (OSTI)

Linking Oil Prices, Gas Prices, Economy, Transport, and Land Use A Review of Empirical Findings Hongwei Dong, Ph.D. Candidate John D. Hunt, Professor John Gliebe, Assistant Professor #12;Framework Oil-run Short and Long-run #12;Topics covered by this presentation: Oil price and macro-economy Gas price

Bertini, Robert L.

68

Figure 4. World Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

4. World Oil Prices" " (2007 dollars per barrel)" ,2007,2008,2009,2010,2011,2012,2013,2014,2015,2016,2017,2018,2019,2020,2021,2022,2023,2024,2025,2026,2027,2028,2029,2030...

69

Understanding Crude Oil Prices  

E-Print Network (OSTI)

business of having some oil in inventory, which is referredKnowledge of all the oil going into inventory today for salebe empty, because inventories of oil are essential for the

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

70

Understanding Crude Oil Prices  

E-Print Network (OSTI)

and Income on Energy and Oil Demand,” Energy Journal 23(1),2006. “China’s Growing Demand for Oil and Its Impact on U.S.in the supply or demand for oil itself could be regarded as

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

71

Spot Distillate & Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

mid-January, 2000. WTI crude oil price rose about $17 per mid-January, 2000. WTI crude oil price rose about $17 per barrel or 40 cents per gallon from its low point in mid February 1999 to January 17, 2000. Over this same time period, New York Harbor spot heating oil had risen about 42 cents per gallon, reflecting both the crude price rise and the beginning of a return to a more usual seasonal spread over the price of crude oil. The week ending January 21, distillate spot prices in the Northeast spiked dramatically to record levels, closing on Friday at $1.26 per gallon -- up 50 cents from the prior week. Gulf Coast prices were not spiking, but were probably pulled higher as the New York Harbor market began to draw on product from other areas. They closed at 83 cents per gallon, an increase of 11 cents from the prior Friday. Crude oil had risen about 4 cents from

72

Distillate and Spot Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: This slide shows the strong influence crude oil prices have on retail distillate prices. The price for distillate fuel oil tracks the crude price increases seen in 1996 and the subsequent fall in 1997 and 1998. Distillate prices have also followed crude oil prices up since the beginning of 1999. Actual data show heating oil prices on the East Coast in June at $1.20 per gallon, up 39 cents over last June. However, if heating oil prices are following diesel, they may be up another 5 cents in August. That would put heating oil prices about 40 cents over last August prices. Crude oil prices are only up about 25 cents in August over year ago levels. The extra 15 cents represents improved refiner margins due in part to the very low distillate inventory level.

73

Crude oil prices and petroleum inventories : remedies for a broken oil price forecasting model.  

E-Print Network (OSTI)

??The empirical relationship between crude oil prices and petroleum inventories has been exploited in a number of short-term oil price forecasting models. Some of the… (more)

Grimstad, Dan

2007-01-01T23:59:59.000Z

74

US oil consumption, oil prices, and the macroeconomy  

Science Journals Connector (OSTI)

Since the oil price shock of 1973–74, researchers have waged ... national income. Studies examining the relationship between oil prices, oil consumption, and real output have produced remarkably ... to dramatical...

Ali F. Darrat; Otis W. Gilley; Don J. Meyer

1996-01-01T23:59:59.000Z

75

Lower oil prices also cutting winter heating oil and propane...  

NLE Websites -- All DOE Office Websites (Extended Search)

Lower oil prices also cutting winter heating oil and propane bills Lower oil prices are not only driving down gasoline costs, but U.S. consumers will also see a bigger savings in...

76

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we have raised expected peak prices this winter for residential heating oil deliveries to $1.55 per gallon (January) compared to $1.43 per gallon in last month's projections. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. Primary distillate inventories in the United States failed to rise significantly in November despite some speculation that previous distributions into secondary and tertiary storage would back up burgeoning production and import volumes into primary storage that month. Average

77

Oil Price Trackers Inspired by Immune Memory William Wilson , Phil Birkin , and Uwe Aickelin  

E-Print Network (OSTI)

Analysis of oil price trends The price of WTI crude oil (a world marker price for oil price movements

Aickelin, Uwe

78

Oil prices and the financial crisis  

Science Journals Connector (OSTI)

This paper aims to explain crude oil price volatility and its relationship respect to some ... financial variables. Finding the main drivers of oil price dynamics is a crucial element for the ... existence of a l...

Cristina Bencivenga; Rita L. D’Ecclesia; Umberto Triulzi

2012-07-01T23:59:59.000Z

79

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices virtually unchanged The average retail price for home heating oil fell 4-tenths of a penny from a week ago to 3.95 per gallon. That's down 8-tenths of a penny...

80

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil price decreases The average retail price for home heating oil fell 3.1 cents from a week ago to 4.20 per gallon. That's up 13.6 cents from a year ago,...

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


81

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

0, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to 4.23 per gallon. That's up 5.1 cents from a year...

82

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to 4.23 per gallon. That's up 14.9 cents from a year...

83

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

9, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 7.2 cents from a week ago to 4.12 per gallon. That's up 9.4 cents from a year...

84

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil prices virtually unchanged The average retail price for home heating oil rose 2-tenths of a cent from a week ago to 4.24 per gallon. That's up 8.2 cents...

85

World oil prices expected to fall  

Science Journals Connector (OSTI)

World oil prices expected to fall ... The good news is that world oil prices probably will fall somewhat in the near future. ... The bad news is that oil prices probably will begin rising again in the mid-1980s, and even the optimists suspect that they will continue to do so thereafter. ...

1983-10-10T23:59:59.000Z

86

Oil Price and the Dollar Virginie Coudert  

E-Print Network (OSTI)

Oil Price and the Dollar Virginie Coudert , Val´erie Mignon , Alexis Penot§ 6th April 2005 Abstract The aim of this paper is to test whether a stable long-term relationship exists between oil prices and causality study between the two variables. Our results indicate that causality runs from oil prices

Boyer, Edmond

87

Declining oil prices boost chemical profits  

Science Journals Connector (OSTI)

Declining oil prices boost chemical profits ... As a consequence of the oil price drop, the composition of feedstocks to steam crackers, which are sources for major-volume olefins and many aromatics, is being changed. ... Where possible, more heavy feedstocks obtained from crude oil—naphthas and gas oils—are used in place of light hydrocarbons such as ethane. ...

1986-04-07T23:59:59.000Z

88

World Oil Price, 1970-2020  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

World Oil Price, 1970-2020 World Oil Price, 1970-2020 (1999 dollars per barrel) 17.09 50- 45 - 40 - I Nominal dollars 35- 1995 _2020 15 - J 9, AE02000 5- 10 - HHistory Projections 0 1970 1980 1990 2000 2010 2020 35AS0570 ^a .i^ Petroleum Supply, Consumption, and Imports, 1970-2020 (million barrels per day) 30- History Projections 25 - 20 - 20~ Consumption _ Net imports 15 - Domestic supply . _ 5- 0 0 1970 1980 1990 2000 2010 2020 '-'e^~~~ u,~~ ~35AS0570 ., te Petroleum Consumption by Sector, 1970-2020 (million barrels per day) 20- History Projections 15- XTransportation 10 Industrial Eect i city gener - 5- 1970 1980 1990 2000 2010 2020 .n 35AS0570 r-N Crude Oil Production by Source, 1970-2020 (million barrels per day) 8 History Projections 6- Lower 48 conventional 4- Lower 48 offshore 2- lasa k r 0 § ^.^^^r"_ "^^"' ^Lower 48 EOR

89

New York Home Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 of 15 5 of 15 Notes: The severity of this spot price increase is causing dramatic changes in residential home heating oil prices, although residential price movements are usually a little slower and spread out over time compared to spot prices. Wholesale prices increased over 50 cents from January 17 to January 24, while retail increased 44 cents in New York. Diesel prices are showing a similar pattern to residential home heating oil prices, and are indicating that home heating oil prices may not have peaked yet, although spot prices are dropping. Diesel prices in New England and the Mid-Atlantic increased 30-40 cents January 24 over the prior week, and another 13-15 cents January 31. Spot prices plummeted January 31, closing at 82 cents per gallon, indicating the worst part of the crisis may be over, but it is still a

90

U.S. Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: One of the first places where consumers are feeling the impact of this winterÂ’s market pressures is in home heating oil prices. This chart shows prices for the last four winters, with this yearÂ’s prices shown through January 24, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Although heating oil prices for consumers started this winter at similar levels to those in 1997, they already rose nearly 20 cents per gallon through mid-January. With the continuing upward pressure from crude

91

Do increases in oil prices precede U.S. recessions?.  

E-Print Network (OSTI)

?? This thesis examines the relationship between oil prices and economic activity, and it attempts to address the question: do increases in oil prices (oil… (more)

Suthijindawong, Thanyalak

2014-01-01T23:59:59.000Z

92

The effect of oil price shocks on the macroeconomy.  

E-Print Network (OSTI)

??The traditional view of oil price movements is that they represent exogenous changes in the supply of oil. In that case, oil price increases will… (more)

Embergenov, Bakhitbay

2009-01-01T23:59:59.000Z

93

Spot Distillate & Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: Retail distillate prices follow the spot distillate markets, and crude oil prices have been the main driver behind distillate spot price increases until recently. Crude oil rose about 36 cents per gallon from its low point in mid February 1999 to the middle of January 2000. Over this same time period, New York Harbor spot heating oil had risen about 42 cents per gallon, reflecting both the crude price rise and a return to a more usual seasonal spread over the price of crude oil. The week ending January 21, heating oil spot prices in the Northeast spiked dramatically to record levels, closing on Friday at $1.26 per gallon -- up 50 cents from the prior week. Gulf Coast prices were not spiking, but were probably pulled slightly higher as the New York Harbor market began to

94

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

Because of the higher projected crude oil prices and because of Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we now expect prices this winter for residential heating oil deliveries to peak at $1.52 per gallon in January. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. This winter's expected peak price would be the highest on record in nominal terms, eclipsing the high set in February 2000. However, in real (constant dollar) terms, both of these prices remain well below the peak reached in March 1981, when the average residential heating oil price was $1.29 per gallon, equivalent to over $2.50 per gallon today.

95

Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing with Other U.S. Government Data Sources, 2001 to 2010  

Gasoline and Diesel Fuel Update (EIA)

Explaining EIA Crude Oil and Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing with Other U.S. Government Data Sources, 2001 to 2010 December 2012 (February 2013-Revised Tables 5, 6 and 15 and associated links) Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 U.S. Energy Information Administration | Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing with Other U.S. Government Data Sources, 2001 to 2010 ii This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA's data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views

96

Oil Prices, Volatility, and Shocks: A Survey  

Science Journals Connector (OSTI)

This paper surveys the literature on the economic effects of oil market developments. It assesses the economic theory behind oil price impacts and presents how the existing literature has analysed the link betwee...

Ulrich Oberndorfer

2014-01-01T23:59:59.000Z

97

Oil prices and the developing countries  

Science Journals Connector (OSTI)

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows ... , at least in the case of the oil-importing developing countri...

Graciela Chichilnisky

98

Energy & Financial Markets: What Drives Crude Oil Prices? - Energy  

U.S. Energy Information Administration (EIA) Indexed Site

& Financial Markets - U.S. Energy Information Administration (EIA) & Financial Markets - U.S. Energy Information Administration (EIA) U.S. Energy Information Administration - EIA - Independent Statistics and Analysis Sources & Uses Petroleum & Other Liquids Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural Gas Exploration and reserves, storage, imports and exports, production, prices, sales. Electricity Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Consumption & Efficiency Energy use in homes, commercial buildings, manufacturing, and transportation. Coal Reserves, production, prices, employ- ment and productivity, distribution, stocks, imports and exports. Renewable & Alternative Fuels

99

Rising Oil Prices Hit Chemical Industry  

Science Journals Connector (OSTI)

Rising Oil Prices Hit Chemical Industry ... Rising petroleum prices have dogged chemical makers for more than a year, and in the third quarter, the situation has only gotten worse. ... Although chemical makers had factored high feedstock costs into their planning, the recent sudden spikes in oil costs may have caught the industry off guard. ...

ALEX TULLO

2000-09-18T23:59:59.000Z

100

Short-Term World Oil Price Forecast  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices peaked last fall as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. So where do we see crude oil prices going from here? Crude oil prices are expected to be about $28-$30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. Let's explore why we think prices will likely remain high, by looking at an important market barometer - inventories - which measures the

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


101

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we now expect prices this winter for residential heating oil deliveries to peak at about $1.52 per gallon in January. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. This winter's expected peak price would be the highest on record in nominal terms, eclipsing the high set in February 2000. However, in real (constant dollar) terms, both of these prices remain well below the peak reached in March 1981, when the average residential heating oil price was $1.29 per gallon, equivalent to over $2.50 per gallon today.

102

Are there really bubbles in oil prices?  

Science Journals Connector (OSTI)

Abstract The aim of this paper is to identify bubbles in oil prices by using the “exponential fitting” methodology proposed by Watanabe et al. (2007)  [28,29]. We use the daily US dollar closing crude oil prices of West Texas Intermediate (WTI) covering the 1986:01:02–2013:07:09 and the Brent for the 1987:05:20–2013:07:09 periods. The distinguishing feature of this study from the previous studies is that this is the first study in the literature showing the existence of bubbles in crude oil prices. We found that there are four distinct periods of persistent bubbles in the crude oil prices since 1986. Two of these persistent bubbles are before 2000 and two of them are after 2000. We conclude that further research is needed to understand better how futures markets may impact the oil price formation.

Mehmet Balcilar; Zeynel Abidin Ozdemir; Hakan Yetkiner

2014-01-01T23:59:59.000Z

103

Crude Oil Prices Table 21. Domestic Crude Oil First Purchase...  

Annual Energy Outlook 2012 (EIA)

Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

104

Oil price stabilization and global welfare  

Science Journals Connector (OSTI)

Abstract Oil price stabilization polices are adopted extensively in developing countries. Some argue that developed economies, especially the US, may gain from these policies through trade. This paper studies this issue in a two-country model with dollar currency pricing. We find that the optimal level of oil price stabilization chosen by developing countries and its implications for global welfare depend critically on whether monetary policy can effectively respond to oil shocks. In an environment without monetary shocks, when optimal monetary policies are considered, there is no role for oil price stabilization in developing countries. However, to make the oil price stabilization policy redundant, optimal monetary policy is not necessary. Some non-optimal endogenous monetary policies satisfying certain conditions can also make the developing countries choose zero oil price stabilization. The results change when there are monetary shocks. Even with optimal monetary policies, the developing countries will choose a positive level of oil price stabilization. However, due to dollar currency pricing, the US actually loses from the stabilization policy. Our results are well supported by the quantitative analysis in a full-fledged dynamic stochastic general equilibrium model.

Qing Liu; Kang Shi; Zhouheng Wu; Juanyi Xu

2014-01-01T23:59:59.000Z

105

Inflationary effects of changes in the price of oil.  

E-Print Network (OSTI)

?? Motivated by a period of time in which we face historically high oil prices, this thesis analyzes to what extent oil prices actually influence… (more)

Wribe, Lars

2006-01-01T23:59:59.000Z

106

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and...

107

Crude Oil and Gasoline Price Monitoring  

Gasoline and Diesel Fuel Update (EIA)

What drives crude oil prices? What drives crude oil prices? November 13, 2013 | Washington, DC An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly Crude oil prices react to a variety of geopolitical and economic events November 13, 2013 2 price per barrel (real 2010 dollars, quarterly average) Low spare capacity Iraq invades Kuwait Saudis abandon swing producer role Iran-Iraq War Iranian revolution Arab Oil Embargo Asian financial crisis U.S. spare capacity exhausted Global financial collapse 9-11 attacks OPEC cuts targets 1.7 mmbpd OPEC cuts targets 4.2 mmbpd Sources: U.S. Energy Information Administration, Thomson Reuters 0 20 40 60 80 100 120 140 1970 1975 1980 1985 1990 1995 2000 2005 2010 imported refiner acquisition cost of crude oil

108

The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices  

Science Journals Connector (OSTI)

Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution — refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes — excise and value-added; (7) the modelling of prices for three fuel types — passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in logarithms has important implications for the stability of estimates of pass through when oil price levels rise significantly. Second, considering spot prices for refined prices improves significantly the fit of the estimated models relative to using crude oil prices. It also results in more economically meaningful results concerning the extent of pass through. Third, oil price pass through occurs quickly, with 90% occurring within three to five weeks. Fourth, using a relatively broad specification allowing for asymmetry in the pass through from upstream to downstream prices, there is little evidence of statistically significant asymmetries. Furthermore, even where asymmetry is found to be statistically significant, it is generally not economically significant. Lastly, these results generally hold across most euro area countries with few exceptions.

Aidan Meyler

2009-01-01T23:59:59.000Z

109

Forecasting Crude Oil Spot Price Using OECD Petroleum Inventory  

Gasoline and Diesel Fuel Update (EIA)

Forecasting Forecasting Crude Oil Spot Price Using OECD Petroleum Inventory Levels MICHAEL YE, ∗ JOHN ZYREN, ∗∗ AND JOANNE SHORE ∗∗ Abstract This paper presents a short-term monthly forecasting model of West Texas Intermedi- ate crude oil spot price using OECD petroleum inventory levels. Theoretically, petroleum inventory levels are a measure of the balance, or imbalance, between petroleum production and demand, and thus provide a good market barometer of crude oil price change. Based on an understanding of petroleum market fundamentals and observed market behavior during the post-Gulf War period, the model was developed with the objectives of being both simple and practical, with required data readily available. As a result, the model is useful to industry and government decision-makers in forecasting price and investigat- ing the impacts of changes on price, should inventories,

110

Prediction of Oil Prices Using Bagging and Random Subspace  

Science Journals Connector (OSTI)

The problem of predicting oil prices is worthy of attention. As oil represents the backbone of the world economy,...

Lubna A. Gabralla; Ajith Abraham

2014-01-01T23:59:59.000Z

111

Price dynamics of crude oil and the regional ethylene markets  

Science Journals Connector (OSTI)

This paper is the first attempt to investigate: (i) is the crude oil (WTI) price significantly related to the regional ethylene prices in the Naphtha intensive ethylene markets of the Far East, North West Europe, and the Mediterranean? (ii) What drives the regional ethylene prices? The paper is motivated by the recent and growing debate on the lead-lag relationship between crude oil and ethylene prices. Our findings, based on the long-run structural modelling approach of Pesaran and Shin, and subject to the limitations of the study, tend to suggest: (i) crude oil (WTI) price is cointegrated with the regional ethylene prices (ii) our within-sample error-correction model results tend to indicate that although the ethylene prices in North West Europe and the Mediterranean were weakly endogenous, the Far East ethylene price was weakly exogenous both in the short and long term. These results are consistent, during most of the period under review (2000.1–2006.4) with the surge in demand for ethylene throughout the Far East, particularly in China and South Korea. However, during the post-sample forecast period as evidenced in our variance decompositions analysis, the emergence of WTI as a leading player as well, is consistent with the recent surge in WTI price (fuelled mainly, among others, by the strong hedging activities in the WTI futures/options and refining tightness) reflecting the growing importance of input cost in determining the dynamic interactions of input and product prices.

Mansur Masih; Ibrahim Algahtani; Lurion De Mello

2010-01-01T23:59:59.000Z

112

STEO January 2013 - world oil prices  

U.S. Energy Information Administration (EIA) Indexed Site

Gap between U.S. and world oil prices to be cut by more than Gap between U.S. and world oil prices to be cut by more than half over next two years The current wide price gap between a key U.S. and a world benchmark crude oil is expected to narrow significantly over the next two years. The spot price for U.S. benchmark West Texas Intermediate crude oil, also known as WTI , averaged $94 a barrel in 2012. That's $18 less than North Sea Brent oil, which is a global benchmark crude that had an average price of $112 last year. The new monthly forecast from the U.S. Energy Information Administration expects the price gap between the two crude oils to shrink to $16 a barrel this year and then to $8 in 2014. That's when WTI would average $91 a barrel and Brent would be at $99. The smaller price gap will result from new pipelines coming on line that will lower the cost of

113

Introduction to Macroeconomic Dynamics Special Issue on Oil Price Shocks  

E-Print Network (OSTI)

Introduction to Macroeconomic Dynamics Special Issue on Oil Price Shocks Apostolos Serletisy in macroeconometrics and ...nancial econometrics to investigate the e¤ects of oil price shocks and uncertainty about the price of oil on the level of economic activity. JEL classi...cation: G31, E32, C32. Keywords: Oil price

Garousi, Vahid

114

Criticality Characteristics of Current Oil Price Dynamics  

E-Print Network (OSTI)

Methodology that recently lead us to predict to an amazing accuracy the date (July 11, 2008) of reverse of the oil price up trend is briefly summarized and some further aspects of the related oil price dynamics elaborated. This methodology is based on the concept of discrete scale invariance whose finance-prediction-oriented variant involves such elements as log-periodic self-similarity, the universal preferred scaling factor lambda=2, and allows a phenomenon of the "super-bubble". From this perspective the present (as of August 22, 2008) violent - but still log-periodically decelerating - decrease of the oil prices is associated with the decay of such a "super- bubble" that has started developing about one year ago on top of the longer-term oil price increasing phase (normal bubble) whose ultimate termination is evaluated to occur in around mid 2010.

Drozdz, Stanislaw; Oswiecimka, Pawel

2008-01-01T23:59:59.000Z

115

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

propane price increase slightly The average retail price for propane is 2.41 per gallon, up 1-tenth of a cent from last week, based on the residential heating fuel survey by the...

116

Estimating the effect of future oil prices on petroleum engineering project investment yardsticks.  

E-Print Network (OSTI)

did not reflect the true volatility in crude oil prices. The name posted oil price was derived from a sheet that was posted in a producing field. The WTI price data were collected from Energy Information Administration (EIA) website25. EIA... projects; we correlated historical expenses data with oil price. Figs. 3.3 and 3.4 are graphs of the production and drilling costs correlations with oil price. The historical oilfield drilling and production data was taken from EIA website and the Energy...

Mendjoge, Ashish V

2004-09-30T23:59:59.000Z

117

Monthly petroleum-product price report  

SciTech Connect

This report provides Congress and the public with information on monthly national weighted average prices for refined petroleum products. the data published are the primary source of price data for refined products for the refining, reselling, and retailing sectors necessary for the Department of Energy (DOE) to execute its role in monitoring prices. In addition, the data provide the information necessary for Congress, DOE, and the public to perform analyses and projections related to energy supplies, demands, and prices. The legislative authority for this survey is the Federal Energy Administration Act of 1974 (PL 93-275). Price data in this publication were collected fronm separate surveys. Average prices are derived from a survey of refiners, large resellers and/or retailers, and independent gas plant operators. Data from this monthly survey are available from July 1975. Average No. 2 heating oil prices were derived from a sample survye of refiners, resellers, and retailers who sell heating oil. The geographic coverage for this report is the 50 states and the District of Columbia.

Not Available

1982-07-01T23:59:59.000Z

118

An Econometric Analysis of the Relationship among the U.S. Ethanol, Corn and Soybean Sectors, and World Oil Prices.  

E-Print Network (OSTI)

??This thesis aimed to investigate the relationships among the following variables: U.S. corn prices, U.S. ethanol production, U.S. soybean prices and world oil prices. After… (more)

Savernini, Maira Q. M.

2009-01-01T23:59:59.000Z

119

Summary Statistics Table 1. Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Cost Report." Figure Energy Information Administration Petroleum Marketing Annual 1996 3 Table 2. U.S. Refiner Prices of Petroleum Products to End Users (Cents per Gallon...

120

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Prices," source for backcast estimates prior to January 1983. 19. U.S. Refiner Residual Fuel Oil Prices 36 Energy Information Administration Petroleum Marketing Annual 1996...

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


121

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Prices," source for backcast estimates prior to January 1983. 19. U.S. Refiner Residual Fuel Oil Prices 36 Energy Information Administration Petroleum Marketing Annual 1997...

122

World oil prices and O.E.C.D. trade balance  

Science Journals Connector (OSTI)

This paper develops a theoretical model which postulates that while the drop in oil prices during the 1980s has benefitted O.E. ... favorable productivity shock, the concomitant shift in oil market share from Ara...

Dominick Salvatore; Greg Winczewski

1990-01-01T23:59:59.000Z

123

Modelling oil price volatility with structural breaks  

Science Journals Connector (OSTI)

In this paper, we provide two main innovations: (i) we analyze oil prices of two prominent markets namely West Texas Intermediate (WTI) and Brent using the two recently developed tests by Narayan and Popp (2010) and Liu and Narayan, 2010 both of which allow for two structural breaks in the data series; and (ii) the latter method is modified to include both symmetric and asymmetric volatility models. We identify two structural breaks that occur in 1990 and 2008 which coincidentally correspond to the Iraqi/Kuwait conflict and the global financial crisis, respectively. We find evidence of persistence and leverage effects in the oil price volatility. While further extensions can be pursued, the consideration of asymmetric effects as well as structural breaks should not be jettisoned when modelling oil price volatility.

Afees A. Salisu; Ismail O. Fasanya

2013-01-01T23:59:59.000Z

124

The effects of oil prices and other economic indicators on housing prices in Calgary, Canada .  

E-Print Network (OSTI)

??This thesis aims to answer: (1) to what extent can oil prices and other economic indicators predict the changes in housing prices and rent in… (more)

Padilla, Mercedes A. (Mercedes Angeles)

2005-01-01T23:59:59.000Z

125

Oil Price Trackers Inspired by Immune Memory  

E-Print Network (OSTI)

We outline initial concepts for an immune inspired algorithm to evaluate and predict oil price time series data. The proposed solution evolves a short term pool of trackers dynamically, with each member attempting to map trends and anticipate future price movements. Successful trackers feed into a long term memory pool that can generalise across repeating trend patterns. The resulting sequence of trackers, ordered in time, can be used as a forecasting tool. Examination of the pool of evolving trackers also provides valuable insight into the properties of the crude oil market.

Wilson, WIlliam; Aickelin, Uwe

2010-01-01T23:59:59.000Z

126

Price discovery in crude oil futures  

Science Journals Connector (OSTI)

Abstract This study examines price discovery among the two most prominent price benchmarks in the market for crude oil, WTI sweet crude and Brent sweet crude. Using data on the most active futures contracts measured at the one-second frequency, we find that WTI maintains a dominant role in price discovery relative to Brent, with an estimated information share in excess of 80%, over a sample from 2007 to 2012. Our analysis is robust to different decompositions of the sample, over pit-trading sessions and non-pit trading sessions, segmentation of days associated with major economic news releases, and data measured to the millisecond. We find no evidence that the dominant role of WTI in price discovery is diminished by the price spread between Brent that emerged in 2008.

John Elder; Hong Miao; Sanjay Ramchander

2014-01-01T23:59:59.000Z

127

Oil price volatility and oil-related events: An Internet concern study perspective  

Science Journals Connector (OSTI)

Abstract Oil-related events have increased the uncertainty and complexity of the worldwide oil market. This paper investigates the effects of four types of oil-related events on world oil prices, using an event study methodology and an AR-GARCH model. The Internet information concerning these events, which is derived from search query volumes in Google, is introduced in an analytical framework to identify the magnitude and significance of the market response to oil-related events. The results indicate that world oil prices responding to different oil-related events display obvious differentiation. The cumulative abnormal returns, which reflect the influence of the global financial crisis, tend to drop first and then reverse and rise, while the cumulative abnormal returns induced by other oil-related events present a stronger persistent effect. The impact of the global financial crisis on oil price returns is significantly negative, while the impact of the Libyan war and hurricanes is significantly positive. However, the reactions of oil price returns to different OPEC production announcements are inconsistent.

Qiang Ji; Jian-Feng Guo

2015-01-01T23:59:59.000Z

128

Table 22. Domestic Crude Oil First Purchase Prices for Selected...  

U.S. Energy Information Administration (EIA) Indexed Site

Form EIA-182, "Domestic Crude Oil First Purchase Report." 22. Domestic Crude Oil First Purchase Prices for Selected Crude Streams 44 Energy Information Administration...

129

Three Papers on the Political Consequences of Oil Prices.  

E-Print Network (OSTI)

??Given the importance of oil in any country's energy needs, it should not be surprising that the increasing volatility of oil prices in the past… (more)

Crespo Tenorio, Adriana

2013-01-01T23:59:59.000Z

130

Factors Influencing Oil Prices: A Survey of the Current State...  

Annual Energy Outlook 2012 (EIA)

Hamilton (2009a) points out, as have numerous other authors surveying the oil market (Smith, 2009; Fattouh, 2007), that to understand short run oil price behavior one must...

131

Oil prices and transport sector returns: an international analysis  

Science Journals Connector (OSTI)

This study examines the role of oil prices in explaining ‘transport sector’ equity returns ... study are strongly supportive of some role for oil prices in determining the transport sector returns for ... asymmet...

Mohan Nandha; Robert Brooks

2009-11-01T23:59:59.000Z

132

The impact of oil prices on income and energy  

Science Journals Connector (OSTI)

The major determinant of real income growth in Korea is real oil prices, followed by money supply, exchange rates, ... longer horizon, the effects of exchange rates, oil prices, government spending, and money sup...

Young U. Glasure; Aie-Rie Lee

2002-05-01T23:59:59.000Z

133

Oil prices decline as concerns about supplies lessen  

Science Journals Connector (OSTI)

Expectations of shorter oil supplies in the case of a war in the Middle East pushed crude oil prices upwards for many months, but in March prices started to fall significantly even before the war against Iraq had...

Klaus Matthies

134

Fact #742: August 27, 2012 Oil Price and Economic Growth  

Energy.gov (U.S. Department of Energy (DOE))

Major oil price shocks have disrupted world energy markets five times in the past 30 years (1973-74, 1979-80, 1990-91, 1999-2000, and 2008). Most of the oil price shocks were followed by an...

135

Oil Prices: 1985 and 1990  

Science Journals Connector (OSTI)

Today oil is the world’s major energy resource. It accounts for about 54 percent of the world’s total energy consumption. Because of conservation and the development of alternative resources in industrialized ...

Thomas L. Saaty; Luis G. Vargas

1982-01-01T23:59:59.000Z

136

Steep increase in oil prices as gulf crisis lingers on  

Science Journals Connector (OSTI)

Following a brief interruption, the recovery in world commodity prices witnessed during the first months of the year has continued. Crude oil prices reached their highest level for 16 months. The increase in prices

Klaus Matthies

137

Putting oil prices in perspective  

SciTech Connect

The author discusses the flawed'' energy policy of the US that seems to be: protect access to Persian Gulf oil with every means at its disposal. He discusses in general terms the real cost of oil which should include the military cost of the continuing conflicts in the Middle East. Full-cycle measurement (from the point of origin to the point of use) to determine energy costs would show natural gas and alternative fuels in their true cost.

Kauffmann, B.

1995-02-01T23:59:59.000Z

138

Oil prices and government bond risk premiums Herv Alexandre*  

E-Print Network (OSTI)

Oil prices and government bond risk premiums By Hervé Alexandre*º Antonin de Benoist * Abstract : This article analyses the impact of oil price on bond risk premiums issued by emerging economies. No empirical study has yet focussed on the effects of the oil price on government bond risk premiums. We develop

Boyer, Edmond

139

Crude oil prices: Are our oil markets too tight?  

SciTech Connect

The answer to the question posed in the title is that tightness in the market will surely prevail through 1997. And as discussed herein, with worldwide demand expected to continue to grow, there will be a strong call on extra oil supply. Meeting those demands, however, will not be straightforward--as many observers wrongly believe--considering the industry`s practice of maintaining crude stocks at ``Just in time`` inventory levels. Further, impact will be felt from the growing rig shortage, particularly for deepwater units, and down-stream capacity limits. While these factors indicate 1997 should be another good year for the service industry, it is difficult to get any kind of consensus view from the oil price market. With most observers` information dominated by the rarely optimistic futures price of crude, as reflected by the NYMEX, the important fact is that oil prices have remained stable for three years and increased steadily through 1996.

Simmons, M.R. [Simmons and Co. International, Houston, TX (United States)

1997-02-01T23:59:59.000Z

140

Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices  

E-Print Network (OSTI)

Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices Ahmed distributed lags (NARDL) mod- el to examine the pass-through of crude oil prices into gasoline and natural gas the possibility to quantify the respective responses of gasoline and natural gas prices to positive and negative

Paris-Sud XI, Université de

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


141

OPEC Prices Make Heavy Oil Look Profitable  

Science Journals Connector (OSTI)

...barrels of heavy oil, a lighter...defined as any oil heavier than...flows into production lines at a profitable rate. Oil from the sands...strip-mine operations linked by...upgrading" equipment, in the industry...Ath-abaska field. Construction...summer. Its cost was $2...894 nerve gas ("Weteye...

ELIOT MARSHALL

1979-06-22T23:59:59.000Z

142

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

2007). The world will reach peak oil production rates, atenergy security costs, and peak oil as emergencies, we willwhen oil price is high, then the first peak in drilling cost

Leighty, Wayne

2008-01-01T23:59:59.000Z

143

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

energy security costs, and peak oil as emergencies, we will2007). The world will reach peak oil production rates, atwhen oil price is high, then the first peak in drilling cost

Leighty, Wayne

2008-01-01T23:59:59.000Z

144

EIA - International Energy Outlook 2007-Low World Oil Price Projections  

Gasoline and Diesel Fuel Update (EIA)

Low World Oil Price Case Projections (1990-2030) Low World Oil Price Case Projections (1990-2030) International Energy Outlook 2007 Low World Oil Price Projections Tables (1990-2030) Formats Table Data Titles (1 to 12 complete) Low World Oil Price Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. Low World Oil Price Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. Table E1 World Total Energy Consumption by Region, Low World Oil Price Case Table E1. World Total Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table E2 World Total Energy Consumption by Region and Fuel, Low World Oil Price Case Table E2. World Total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

145

Crude Oil Domestic Production  

U.S. Energy Information Administration (EIA) Indexed Site

Data Series: Crude Oil Domestic Production Refinery Crude Oil Inputs Refinery Gross Inputs Refinery Operable Capacity (Calendar Day) Refinery Percent Operable Utilization Net...

146

Dynamics of heating oil market prices in Europe  

Science Journals Connector (OSTI)

This paper concerns the German and French heating oil market and attempts to establish long- and short-term relationships between German and French monthly heating oil prices in dollars, the Rotterdam spot price for the same product and the DM/US$ and FF/US$ exchange rates during the period from January 1987 to December 1997. To model the market over the period under consideration, incorporating the Gulf War, we have used conventional unit root tests and sequential tests allowing structural changes. Long-term relationships, with shifts in regime detected by cointegration tests taking structural breaks into consideration, are estimated. The short-term dynamics defined by a vector error correction (VEC) mechanism is derived in a classic manner when in presence of a cointegrated VAR system. The econometric results obtained are commented on from an economic point of view. Weak exogeneity tests are performed and the conditional VEC model is deduced, enabling measurement of the instantaneous impact of variations in weakly exogenous exchange rates on variations in heating oil prices in Germany and France. Lastly, a study is made of the asymmetric reaction of domestic prices to positive and negative variations in exchange rates and the Rotterdam spot quotation.

J.P. Indjehagopian; F. Lantz; V. Simon

2000-01-01T23:59:59.000Z

147

Lower Oil Prices: A Reason to Give Thanks GENE EPSTEIN  

E-Print Network (OSTI)

Lower Oil Prices: A Reason to Give Thanks By GENE EPSTEIN Nov. 29, 2014 1:31 a.m. ET I give thanks thanks for an oil price that fell below $70 a barrel Friday, mainly because it bodes well for general early this year ("Here Comes $75 Oil," March 31). Amy Jaffe, executive director of energy

California at Davis, University of

148

The relationship between crude oil and gasoline prices  

Science Journals Connector (OSTI)

This study investigates the dynamic relationship between crude oil and retail gasoline prices during the last 21 years and determines ... that date, the results show that gasoline prices include higher profit mar...

Ali T. Akarca; Dimitri Andrianacos

1998-08-01T23:59:59.000Z

149

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

150

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

151

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

152

Past, present and future evolution of oil prices .  

E-Print Network (OSTI)

??This thesis reviews how oil price has evolved throughout time since it was discovered and commercially exploited in 1859 in Pennsylvania. Rather than a pure… (more)

Corsetti, Manuel

2010-01-01T23:59:59.000Z

153

Oil price fluctuations and Its effect on GDP growth.  

E-Print Network (OSTI)

?? During the year of 2008, the world has experienced historically high oil prices reaching an all time high of 147 USD per barrel in… (more)

Gonzalez , Aaron

2009-01-01T23:59:59.000Z

154

Oil Price and Stock Returns of Consumers and Producers of Crude Oil  

Science Journals Connector (OSTI)

Abstract In this paper we investigate how differently stock returns of oil producers and oil consumers are affected from oil price changes. We find that stock returns of oil producers are affected positively by oil price changes regardless of whether oil price is increasing or decreasing. For oil consumers, oil price changes do not affect all consumer sub-sectors and where it does, this effect is heterogeneous. We find that oil price returns have an asymmetric effect on stock returns for most sub-sectors. We devise simple trading strategies and find that while both consumers and producers of oil can make statistically significant profits, investors in oil producer sectors make relatively more profits than investors in oil consumer sectors

Dinh Hoang Bach Phan; Susan Sunila Sharma; Paresh Kumar Narayan

2014-01-01T23:59:59.000Z

155

OPEC Prices Make Heavy Oil Look Profitable  

Science Journals Connector (OSTI)

...19 (Canadian) per barrel. He seemed...000 barrels a day by 1986. It will...underground in-to production wells, and will...heavy oil's day has come. Brian...of capital cost per SCIENCE, VOL. 204 barrel a day of production, conventional...

ELIOT MARSHALL

1979-06-22T23:59:59.000Z

156

Do financial investors destabilize the oil price?  

Gasoline and Diesel Fuel Update (EIA)

WO WO R K I N G PA P E R S E R I E S N O 1 3 4 6 / J U N E 2 011 by Marco J. Lombardi and Ine Van Robays DO FINANCIAL INVESTORS DESTABILIZE THE OIL PRICE? WO R K I N G PA P E R S E R I E S N O 13 4 6 / J U N E 2011 DO FINANCIAL INVESTORS DESTABILIZE THE OIL PRICE? 1 by Marco J. Lombardi 2 and Ine Van Robays 3 1 This paper was initiated when the second author was with the European Central Bank. Without implicating, we would like to thank Bahattin Büyüksahin, Gert Peersman, Jaap Bos, Julio Carrillo, Lutz Kilian, Punnoose Jacob, Sandra Eickmeier and an anonymous referee for their useful comments and suggestions. 2 Directorate General Economics, European Central Bank, Kaiserstrasse 29, D-60311 Frankfurt am Mai, Germany; e-mail: marco.lombardi@ecb.europa.eu 3 Department of Financial Economics, Ghent University, Woodrow Wilsonplein 5D, B-9000 Gent,

157

Oil resources: the key to prosperity or to poverty? : Influence of oil price shocks on spending of oil revenues.  

E-Print Network (OSTI)

??Abundant natural resources, in particular oil, play an important role in the economics of many countries. The oil price shocks that have been happening continuously… (more)

Selivanova, Olga

2008-01-01T23:59:59.000Z

158

Gasoline Prices Also Influenced by Regional Gasoline Product Markets  

Gasoline and Diesel Fuel Update (EIA)

1 1 Notes: Next we examine the wholesale market's added contribution to gasoline price variation and analyze the factors that impact the gasoline balance. There are two points to take away from this chart: The U.S. market moves with the world market, as can be seen with the high inventories in 1998, being drawn down to low levels during 1999. Crude and product markets are not independent. Crude oil and product markets move together fairly closely, with some lead/lag effects during transitions. The relationship between international crude oil markets and domestic product markets raises another issue. A subtle, but very important point, lost in recent discussions of gasoline price increases: The statement has been made that crude markets are not a factor in this past spring's high gasoline prices, since crude prices were

159

Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries  

E-Print Network (OSTI)

Do High Oil Prices Presage Inflation? The Evidence from G-5to be more sensitive to oil prices than in the U.S. , isa dollar denominated oil price. References Blanchard O.J.

LeBlanc, Michael; Chinn, Menzie David

2004-01-01T23:59:59.000Z

160

COMPARING ALASKA'S OIL PRODUCTION TAXES: INCENTIVES AND ASSUMPTIONS1  

E-Print Network (OSTI)

1 COMPARING ALASKA'S OIL PRODUCTION TAXES: INCENTIVES AND ASSUMPTIONS1 Matthew Berman In a recent analysis comparing the current oil production tax, More Alaska Production Act (MAPA, also known as SB 21 oil prices, production rates, and costs. He noted that comparative revenues are highly sensitive

Pantaleone, Jim

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


161

Multi-fractal Analysis of World Crude Oil Prices  

Science Journals Connector (OSTI)

In order to reveal the stylized facts of world crude oil prices, R/S (Rescaled Range Analysis) method is introduced in this paper. For illustration, WTI (West Texas Intermediate) and Brent daily crude oil prices are used in this paper. The calculated ...

Xiucheng Dong; Junchen Li; Jian Gao

2009-04-01T23:59:59.000Z

162

Energy Information Administration (EIA) - High World Oil Price Case  

Gasoline and Diesel Fuel Update (EIA)

High World Oil Price Case Projections Tables (1990-2030) High World Oil Price Case Projections Tables (1990-2030) International Energy Outlook 2007 High World Oil Price Case Projections Tables (1990-2030) Formats Data Table Titles (1 to 12 complete) High World Oil Price Case Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. High World Oil Price Case Tables. Need help, contact the National Energy Information Center at 202-586-8800. Table D1 World Total Primary Energy Consumption by Region Table D1. World Total Primary Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table D2 World Total Energy Consumption by Region and Fuel Table D2. World total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

163

AEO2011: Petroleum Product Prices | OpenEI  

Open Energy Info (EERE)

4932 4932 Varnish cache server AEO2011: Petroleum Product Prices Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is Table 12, and contains only the reference case. The dataset uses 2009 dollars per gallon. The data is broken down into crude oil prices, residential, commercial, industrial, transportation, electric power and refined petroleum product prices. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Petroleum prices Data application/vnd.ms-excel icon AEO2011: Petroleum Product Prices- Reference Case (xls, 129.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage

164

Propane Prices Influenced by Crude Oil and Natural Gas  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Propane prices have been high this year for several reasons. Propane usually follows crude oil prices more closely than natural gas prices. As crude oil prices rose beginning in 1999, propane has followed. In addition, some early cold weather this year put extra pressure on prices. However, more recently, the highly unusual surge in natural gas prices affected propane supply and drove propane prices up. Propane comes from two sources of supply: refineries and natural gas processing plants. The very high natural gas prices made it more economic for refineries to use the propane they normally produce and sell than to buy natural gas. The gas processing plants found it more economic to leave propane in the natural gas streams than to extract it for sale separately.

165

Do traders' positions predict oil futures prices? A case study of the 2008 oil market turbulence  

Science Journals Connector (OSTI)

This paper empirically tests whether traders' positions predict crude oil futures prices through a case study of the 2008 oil market turbulence. It is found that the three-week-long trend of traders' net long position significantly forecasts prices when the prices excessively rise from April to July 2008. In specific, speculator's trend forecasts price continuation, whereas the hedger's trend predicts price reversals. However, during the price-collapsing period, no significant predictability is found. These findings provide two implications. First, the hedging-pressure theory can be supported in oil futures market when the market prices excessively rise and traders' position data are used as trend concept. Second, the recent argument on 'the 2008 oil bubble' asserting that excessive rise in oil prices during the second quarter of 2008 is associated with speculator's positions can be supported.

Sunghee Choi; Seok-Joon Hwang

2012-01-01T23:59:59.000Z

166

Fractality feature in oil price fluctuations  

E-Print Network (OSTI)

The scaling properties of oil price fluctuations are described as a non-stationary stochastic process realized by a time series of finite length. An original model is used to extract the scaling exponent of the fluctuation functions within a non-stationary process formulation. It is shown that, when returns are measured over intervals less than 10 days, the Probability Density Functions (PDFs) exhibit self-similarity and monoscaling, in contrast to the multifractal behavior of the PDFs at macro-scales (typically larger than one month). We find that the time evolution of the distributions are well fitted by a Levy distribution law at micro-scales. The relevance of a Levy distribution is made plausible by a simple model of nonlinear transfer

Momeni, M; Talebi, K

2008-01-01T23:59:59.000Z

167

The Price of Oil Risk Steven D. Baker, Bryan R. Routledge,  

E-Print Network (OSTI)

The Price of Oil Risk Steven D. Baker, Bryan R. Routledge, September 2011 [December 20, 2012 multiple goods. We use this optimal consumption allocation to derive a pricing kernel and the price of oil for oil. As an example, in a calibrated version of our model we show how rising oil prices and falling oil

168

Evidence of randomness in United States spot oil prices  

SciTech Connect

This study investigates U.S. crude oil spot-market prices to determine if they were cyclical, autoregressive, or random in nature. The fact that oil-price volatility emerged only with the rise of spot markets meant that data for this type of an analysis were not previously available. The hypothesis tested was that U.S. crude oil price changes are neither cyclical nor autocorrelated, and are, therefore, random. Daily data on U.S. crude oil spot market prices (for the period of December 3, 1984 to November 4, 1988) were analyzed using spectral analysis; this converts time-series data into a frequency series, where it can be analyzed using more-powerful statistical methods. The spectral results of the price series gave a maximum power spectrum of 0.026, which is considerably smaller than the significance level of 0.052, considered acceptable using a 99% confidence level. The conclusion reached was that there was no significant cyclicality or autocorrelation in the data. This indicated that the U.S. crude oil prices are efficient, and that it would not be possible to predict crude oil price changes by using historical price data, seasonality, or business cycles.

Howard, B.W.

1989-01-01T23:59:59.000Z

169

A reexamination of the crude oil price-unemployment relationship in the United States  

SciTech Connect

This study begins by asking whether fluctuations in the price of crude oil have affected employment and the rate of unemployment in the US. After reviewing previous assessments of the issue, the existence of an empirical relationship between the rate of unemployment and crude oil price volatility is established using Granger causality. Subsequently, the nature of the relationship is estimated with the results suggesting that at least three full years are required before the measurable impact of a percentage change in the real price of crude oil on the change in unemployment is exhausted. Finally, the structural stability of the functional relationship between the change in unemployment and the volatility of the price of crude oil and the percentage change in gross national product is examined.

Uri, N.D. [Economic Research Service, Washington, DC (United States). Natural Resources and Environment Div.; Boyd, R. [Ohio Univ., Athens, OH (United States). Dept. of Economics

1996-04-01T23:59:59.000Z

170

Production and price projections for Texas grapefruit - 1975  

E-Print Network (OSTI)

interested in price flexibility than in price elasticity. As opposed to price elasticity of demand, price flexibility generally is used more when dealing with farm products because it shows the responsiveness of the price of a commodity when the quantity... interested in price flexibility than in price elasticity. As opposed to price elasticity of demand, price flexibility generally is used more when dealing with farm products because it shows the responsiveness of the price of a commodity when the quantity...

Tefertiller, Edward Harold

2012-06-07T23:59:59.000Z

171

Asymmetries in the response of economic activity to oil price increases and decreases?  

Science Journals Connector (OSTI)

Abstract It has been common to assume that the relationship between economic activity and oil prices is asymmetric. Theoretical underpinnings for this asymmetry include costly sectoral reallocation, partial equilibrium models of irreversible investment, and some version of precautionary savings. Yet, recent studies that use new methodologies to test for asymmetries in U.S. data have cast some doubts on that premise. In this paper, we use state-of-the-art techniques to evaluate the presence of asymmetries for a set of OECD countries containing both oil exporters and oil importers. We find very little support for the hypothesis that the response of industrial production to oil price increases and decreases is asymmetric. Our results have important implications for theoretical models of the transmission of oil price shocks: they point towards the importance of direct-supply and direct-demand transmission channels, as well as indirect transmission channels that imply a symmetric response.

Ana María Herrera; Latika Gupta Lagalo; Tatsuma Wada

2015-01-01T23:59:59.000Z

172

Understanding recent oil price dynamics: A novel empirical approach  

Science Journals Connector (OSTI)

Abstract Crude oil is a major driver of the global economy and its price dynamics are a key indicator for producers, consumers and investors. The increasing volatility of crude oil prices in the last decade has encouraged many researchers to model its dynamics. Recent studies have tried to explain this dynamics by taking into account the role of various market participants many of whom have increasingly used crude oil for portfolio diversification. We propose a modified supply–demand framework which assumes that the real price of crude oil is affected not only by fundamental shocks but also by financial shocks. We assess the role of what we define as the financial shock component when describing the dynamics of the real crude oil price and endeavor to measure a possible equilibrium relationship between standard supply/demand variables and our financial shock component. Using a Dynamic Ordinary Least Squares (DOLS) approach and an ECM framework we are able to empirically assess the significant role of “hedging pressure” on the real price of oil and find evidence that the impact of the “hedging pressure” is not only affecting quick reverting short-term deviations but also the structural long-run equilibrium of the oil price.

Rita L. D'Ecclesia; Emiliano Magrini; Pierluigi Montalbano; Umberto Triulzi

2014-01-01T23:59:59.000Z

173

Pricing Conspicuous Consumption Products in Recession Periods ...  

E-Print Network (OSTI)

Conspicuous consumptions products as luxury cars, designer brands, and fancy hotel rooms .... mand D is driven by the brand image and the pricing strategy p.

2012-09-26T23:59:59.000Z

174

The Relationship Between Crude Oil and Natural Gas Prices  

Gasoline and Diesel Fuel Update (EIA)

Administration, Office of Oil and Gas, October 2006 Administration, Office of Oil and Gas, October 2006 1 The Relationship Between Crude Oil and Natural Gas Prices by Jose A. Villar Natural Gas Division Energy Information Administration and Frederick L. Joutz Department of Economics The George Washington University Abstract: This paper examines the time series econometric relationship between the Henry Hub natural gas price and the West Texas Intermediate (WTI) crude oil price. Typically, this relationship has been approached using simple correlations and deterministic trends. When data have unit roots as in this case, such analysis is faulty and subject to spurious results. We find a cointegrating relationship relating Henry Hub prices to the WTI and trend capturing the relative demand and supply effects over the 1989-through-2005 period. The dynamics of the relationship

175

Past, present and future evolution of oil prices  

E-Print Network (OSTI)

This thesis reviews how oil price has evolved throughout time since it was discovered and commercially exploited in 1859 in Pennsylvania. Rather than a pure economic study, this thesis illustrates how major historic and ...

Corsetti, Manuel

2010-01-01T23:59:59.000Z

176

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

177

Essays on oil price shocks and financial markets   

E-Print Network (OSTI)

This thesis is composed of three chapters, which can be read independently. The first chapter investigates how oil price volatility affects the investment decisions for a panel of Japanese firms. The model is estimated ...

Wang, Jiayue

2012-06-26T23:59:59.000Z

178

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

179

Has Oil Price Predicted Stock Returns for Over a Century?  

Science Journals Connector (OSTI)

Abstract This paper contributes to the debate on the role of oil prices in predicting stock returns. The novelty of the paper is that it considers monthly time-series historical data that span over 150 years (1859:10-2013:12) and applies a predictive regression model that accommodates three salient features of the data, namely, a persistent and endogenous oil price, and model heteroskedasticity. Three key findings are unraveled: First, oil price predicts US stock returns. Second, in-sample evidence is corroborated by out-sample evidence of predictability. Third, both positive and negative oil price changes are important predictors of US stock returns, with negative changes relatively more important. Our results are robust to the use of different estimators and choice of in-sample periods.

Paresh Kumar Narayan; Rangan Gupta

2014-01-01T23:59:59.000Z

180

Oil price and financial markets: Multivariate dynamic frequency analysis  

Science Journals Connector (OSTI)

Abstract The aim of this paper is to study the degree of interdependence between oil price and stock market index into two groups of countries: oil-importers and oil-exporters. To this end, we propose a new empirical methodology allowing a time-varying dynamic correlation measure between the stock market index and the oil price series. We use the frequency approach proposed by Priestley and Tong (1973), that is the evolutionary co-spectral analysis. This method allows us to distinguish between short-run and medium-run dependence. In order to complete our study by analysing long-run dependence, we use the cointegration procedure developed by Engle and Granger (1987). We find that interdependence between the oil price and the stock market is stronger in exporters? markets than in the importers? ones.

Anna Creti; Zied Ftiti; Khaled Guesmi

2014-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


181

Fundamentals Explain High Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: One can use a simple model to deal with price/fundamental relationships. This one predicts monthly average WTI price as a function of OECD total petroleum stock deviations from the normal levels. The graph shows the model as it begins predicting prices in 1992. It shows how well the model has predicted not only the direction, but the magnitude of prices over this 8+ year period. While the model is simple and not perfect, it does predict the overall trends and, in particular, the recent rise in prices. It also shows that prices may have over-shot the fundamental balance for a while -- at least partially due to speculative concerns over Mideast tensions, winter supply adequacy, and Iraq's export policies. Prices moved lower in December, and even undershot briefly the

182

Consensus Coal Production And Price Forecast For  

E-Print Network (OSTI)

Consensus Coal Production And Price Forecast For West Virginia: 2011 Update Prepared for the West December 2011 © Copyright 2011 WVU Research Corporation #12;#12;W.Va. Consensus Coal Forecast Update 2011 i Table of Contents Executive Summary 1 Recent Developments 3 Consensus Coal Production And Price Forecast

Mohaghegh, Shahab

183

Production of Shale Oil  

E-Print Network (OSTI)

Intensive pre-project feasibility and engineering studies begun in 1979 have produced an outline plan for development of a major project for production of shale oil from private lands in the Piceance Basin in western Colorado. This outline plan...

Loper, R. D.

1982-01-01T23:59:59.000Z

184

Oil Reserves and Production  

Science Journals Connector (OSTI)

...research-article Oil Reserves and Production Eric Drake The growth of world energy requirements over the last...remaining proved recoverable reserves will probably decline continuously...to grow. The declining reserves will be insufficient to...

1974-01-01T23:59:59.000Z

185

Herd mentality and oil prices: implications for sustainability  

Science Journals Connector (OSTI)

Despite the current volatility (early 2007), oil prices have experienced a persistently upward trend since 2004. By examining the cascading and stochastic models of herding, the paper looks at the role of herding and diminishing resources behind the volatility and rapid rise in oil prices. A main argument here is that the existence of institutional herding is not incompatible with the entry of noise traders; it rather leads and complements them. The paper also shows that persistent rise may in fact encourage sustainable alternative sources of energy to save the pernicious impact of herding, which can always rattle the prices dissuading the investors from investing in alternative energy. The methodology is based on literature review and the relevant data on oil prices.

Hosein Piranfar

2010-01-01T23:59:59.000Z

186

A nonparametric GARCH model of crude oil price return volatility  

Science Journals Connector (OSTI)

The use of parametric GARCH models to characterise crude oil price volatility is widely observed in the empirical literature. In this paper, we consider an alternative approach involving nonparametric method to model and forecast oil price return volatility. Focusing on two crude oil markets, Brent and West Texas Intermediate (WTI), we show that the out-of-sample volatility forecast of the nonparametric GARCH model yields superior performance relative to an extensive class of parametric GARCH models. These results are supported by the use of robust loss functions and the Hansen's (2005) superior predictive ability test. The improvement in forecasting accuracy of oil price return volatility based on the nonparametric GARCH model suggests that this method offers an attractive and viable alternative to the commonly used parametric GARCH models.

Aijun Hou; Sandy Suardi

2012-01-01T23:59:59.000Z

187

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

and Weimer, D.L. (1984) Oil prices shock, market response,OPEC behavior and world oil prices (pp. 175-185) London:many decades. Recent high oil prices have caused oil-holding

Leighty, Wayne

2008-01-01T23:59:59.000Z

188

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

January 1983 forward; Form EIA-460, "Petroleum Industry Monthly Report for Product Prices," source for backcast estimates prior to January 1983. 36 Energy Information...

189

On the relationship between world oil prices and GCC stock markets  

E-Print Network (OSTI)

On the relationship between world oil prices and GCC stock markets Mohamed El Hedi Arouri Associate ABSTRACT We provide comprehensive evidence on the relationship between oil prices and stock mar- kets to be more sensitive to negative than to positive oil shocks. Keywords: oil prices, stock markets, GCC

Paris-Sud XI, Université de

190

Are oil prices going to remain volatile?  

Science Journals Connector (OSTI)

For numerous planning problems in industrial but also in private management the expectation of future energy prices remains a crucial parameter. On the basis ... a comprehensive demand/supply model for the world

Dr. F. Wirl

1985-04-01T23:59:59.000Z

191

Summary Statistics Table 1. Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Energy Information Administration, Form FEA-P110-M-1, "Refiners' Monthly Cost Allocation Report," January 1978 through June 1978; Form ERA-49, "Domestic Crude Oil Entitlements...

192

Optimal operating strategies coping with uncertainties of world oil prices for China's strategic petroleum reserve  

Science Journals Connector (OSTI)

Since 2003, China has begun to establish its own strategic petroleum reserves (SPR) to strengthen its oil supply security. Due to the unpredictable feature of the oil supply interruption or sudden price rising, questions about operating the SPR become an important issue for China's policy makers. This paper analysed the operating strategies for China's SPR by developing a stochastic dynamic programming model, which considered uncertainties of the world oil prices and the construction process of China's SPR sites. Different situations, including normal world oil prices, short-term world oil price rising, continuously high world oil prices and continuously oil price decrease were considered and discussed. Optimal SPR operating strategies coping with uncertainties of world oil prices for China were derived and relevant policy implications were obtained. The influence effects on world oil price caused by the acquisition or drawdown actions of China's SPR were considered, too.

Xin Chen; Hailin Mu

2013-01-01T23:59:59.000Z

193

Using futures prices to filter short-term volatility and recover a latent, long-term price series for oil  

E-Print Network (OSTI)

Oil prices are very volatile. But much of this volatility seems to reflect short-term,transitory factors that may have little or no influence on the price in the long run. Many major investment decisions should be guided ...

Herce, Miguel Angel

2006-01-01T23:59:59.000Z

194

Oil Prices, Opec and the Poor Oil Consuming Countries  

Science Journals Connector (OSTI)

In 1950, the year O.P.E.C. (Organisation of Petroleum Exporting Countries) was formed, the world oil industry was dominated by a group of seven oligopolistic major international oil companies, who were collective...

Biplab Dasgupta

1976-01-01T23:59:59.000Z

195

Table 23. Domestic Crude Oil First Purchase Prices by API Gravity  

U.S. Energy Information Administration (EIA) Indexed Site

EIA-182, "Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy Information Administration Petroleum Marketing Annual 1996...

196

Table 23. Domestic Crude Oil First Purchase Prices by API Gravity  

Gasoline and Diesel Fuel Update (EIA)

"Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy Information Administration Petroleum Marketing Annual 1997...

197

Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and  

NLE Websites -- All DOE Office Websites (Extended Search)

2: August 27, 2: August 27, 2012 Oil Price and Economic Growth to someone by E-mail Share Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Facebook Tweet about Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Twitter Bookmark Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Google Bookmark Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Delicious Rank Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Digg Find More places to share Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on AddThis.com... Fact #742: August 27, 2012 Oil Price and Economic Growth

198

Wild oil prices, but brave stock markets! The case of GCC stock markets  

Science Journals Connector (OSTI)

Using a vector autoregression (VAR) analysis, this paper investigates the effect of the sharp increase in oil prices on stock market returns for five Gulf ... to 24 May, 2005. During this period oil price has bee...

Bashar Abu Zarour

199

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow...  

Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow April 1, 2009 - 11:35am Addthis The growth of...

200

An empirical analysis of the price discovery function of Shanghai fuel oil futures market  

Science Journals Connector (OSTI)

This paper analyzes the role of price discovery of Shanghai fuel oil futures market by using methods, such ... there exists a strong relationship between the spot price of Huangpu fuel oil spot market and the fut...

Zhen Wang; Zhenhai Liu; Chao Chen

2007-08-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


201

Summary Statistics Table 1. Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

"Monthly Foreign Crude Oil Acquisition Report"; and Form EIA-14, "Refiners' Monthly Cost Report." 0 6 12 18 24 30 J F M A M J J A S O N D 1998 Dollars per Barrel RAC First...

202

Dynamic analysis in productivity, oil shock, and recession  

E-Print Network (OSTI)

Declining E?ects of Oil-price Shocks . . . . . . . . . . .of IRFs to a 10% Increase in the Oil Price: Case 3 and Caseof IRFs to a 10% Increase in the Oil Price: Before and After

Katayama, Munechika

2008-01-01T23:59:59.000Z

203

Oil Prices, External Income, and Growth: Lessons from Jordan  

E-Print Network (OSTI)

. The theoretical model predicts real oil prices to be one of the main long-run drivers of real output. Using quarterly data between 1979 and 2009 on core macroeconomic variables for Jordan and a number of key foreign variables, we identify two long...

Mohaddes, Kamiar; Raissi, Mehdi

2011-12-08T23:59:59.000Z

204

Non-linearities in the dynamics of oil prices  

Science Journals Connector (OSTI)

Examining stationarity is of particular importance and represents the first step in empirical time-series research. Non-stationarity invalidates many of the results obtained from standard techniques and, therefore, requires special treatment. Because oil prices play an important role in affecting economic variables, this paper examines the stationarity of real oil prices (Brent, Dubai, WTI and the World) over the period 1973:2–2011:2. Real oil prices are expressed in the currencies of seven Asian countries (Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore and Thailand) and in the U.S. dollar. While using linear unit root tests without structural breaks shows no evidence of stationarity, allowing for breaks shows very limited evidence of stationarity. We argue that these results are attributed to the presence of nonlinearities in the behavior of oil prices. Testing for nonlinearity shows significant evidence of nonlinearity in all the cases with evidence of exponential smooth transition autoregression (ESTAR) nonlinearity-type in most cases. Applying unit root tests that account for two types of nonlinearities (smooth transition and nonlinear deterministic trends) reveals evidence of stationarity in all the cases.

Khalid M. Kisswani; Salah A. Nusair

2013-01-01T23:59:59.000Z

205

The oil price really is a speculative bubble  

E-Print Network (OSTI)

The oil price really is a speculative bubble. Yet only recently has the U.S. Congress, for example, showed recognition that this might even be a possibility. In general there seems to be a preference for the claim that the ...

Eckaus, Richard S.

2008-01-01T23:59:59.000Z

206

Econometric Modelling of World Oil Supplies: Terminal Price and the Time to Depletion  

E-Print Network (OSTI)

This paper develops a novel approach by which to identify the price of oil at the time of depletion; the so-called terminal price of oil. It is shown that while the terminal price is independent of both GDP growth and the price elasticity of energy...

Mohaddes, Kamiar

2012-03-02T23:59:59.000Z

207

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Spot WTI crude oil prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

208

Identifying the Oil Price-Macroeconomy Relationship: An Empirical Mode Decomposition Analysis of U.S. Data  

SciTech Connect

This work applies the empirical mode decomposition (EMD) method to data on real quarterly oil price (West Texas Intermediate - WTI) and U.S. gross domestic product (GDP). This relatively new method is adaptive and capable of handling non-linear and non-stationary data. Correlation analysis of the decomposition results was performed and examined for insights into the oil-macroeconomy relationship. Several components of this relationship were identified. However, the principal one is that the medium-run cyclical component of the oil price exerts a negative and exogenous influence on the main cyclical component of the GDP. This can be interpreted as the supply-driven or supply-shock component of the oil price-GDP relationship. In addition, weak correlations suggesting a lagging demand-driven, an expectations-driven, and a long-run supply-driven component of the relationship were also identified. Comparisons of these findings with significant oil supply disruption and recession dates were supportive. The study identified a number of lessons applicable to recent oil market events, including the eventuality of persistent economic and price declines following a long oil price run-up. In addition, it was found that oil-market related exogenous events are associated with short- to medium-run price implications regardless of whether they lead to actual supply disruptions.

Oladosu, Gbadebo A [ORNL

2009-01-01T23:59:59.000Z

209

Is There Evidence of Super Cycles in Oil Prices?* Abdel M. Zellou and John T. Cuddington**  

E-Print Network (OSTI)

Is There Evidence of Super Cycles in Oil Prices?* Abdel M. Zellou and John T. Cuddington** March 22: is there evidence of super cycles in crude oil prices? On one hand, one might expect the strong demand associated analysis suggests that there is strong evidence of super cycles in oil prices in the post-WWII period

210

OIL PRICE IMPACT ON FINANCIAL MARKETS: CO-SPECTRAL ANALYSIS FOR EXPORTING VERSUS IMPORTING COUNTRIES  

E-Print Network (OSTI)

OIL PRICE IMPACT ON FINANCIAL MARKETS: CO-SPECTRAL ANALYSIS FOR EXPORTING VERSUS IMPORTING://www.economie.polytechnique.edu/ mailto:chantal.poujouly@polytechnique.edu hal-00822070,version1-14May2013 #12;1 Oil price impact Khaled Guesmi3 Abstract The aim of this paper is to study the degree of interdependence between oil price

Boyer, Edmond

211

Oil and stock market activity when prices go up and down: the case of the oil and gas industry  

Science Journals Connector (OSTI)

We examine the asymmetric effects of daily oil price changes on equity returns, market betas, oil betas, return variances, and trading volumes for the US oil and gas industry. The responses of stock returns assoc...

Sunil K. Mohanty; Aigbe Akhigbe…

2013-08-01T23:59:59.000Z

212

Unit root properties of crude oil spot and futures prices  

Science Journals Connector (OSTI)

In this article, we examine whether WTI and Brent crude oil spot and futures prices (at 1, 3 and 6 months to maturity) contain a unit root with one and two structural breaks, employing weekly data over the period 1991–2004. To realise this objective we employ Lagrange multiplier (LM) unit root tests with one and two endogenous structural breaks proposed by Lee and Strazicich [2003. Minimum Lagrange multiplier unit root test with two structural breaks. Review of Economics and Statistics, 85, 1082–1089; 2004. Minimum LM unit root test with one structural break. Working Paper no. 04–17, Department of Economics, Appalachian State University]. We find that each of the oil price series can be characterised as a random walk process and that the endogenous structural breaks are significant and meaningful in terms of events that have impacted on world oil markets.

Svetlana Maslyuk; Russell Smyth

2008-01-01T23:59:59.000Z

213

Linkages between the markets for crude oil and the markets for refined products  

SciTech Connect

To understand the crude oil price determination process it is necessary to extend the analysis beyond the markets for petroleum. Crude oil prices are determined in two closely related markets: the markets for crude oil and the markets for refined products. An econometric-linear programming model was developed to capture the linkages between the markets for crude oil and refined products. In the LP refiners maximize profits given crude oil supplies, refining capacities, and prices of refined products. The objective function is profit maximization net of crude oil prices. The shadow price on crude oil gives the netback price. Refined product prices are obtained from the econometric models. The model covers the free world divided in five regions. The model is used to analyze the impacts on the markets of policies that affect crude oil supplies, the demands for refined products, and the refining industry. For each scenario analyzed the demand for crude oil is derived from the equilibrium conditions in the markets for products. The demand curve is confronted with a supply curve which maximizes revenues providing an equilibrium solution for both crude oil and product markets. The model also captures crude oil price differentials by quality. The results show that the demands for crude oil are different across regions due to the structure of the refining industries and the characteristics of the demands for refined products. Changes in the demands for products have a larger impact on the markets than changes in the refining industry. Since markets for refined products and crude oil are interrelated they can't be analyzed individually if an accurate and complete assessment of a policy is to be made. Changes in only one product market in one region affect the other product markets and the prices of crude oil.

Didziulis, V.S.

1990-01-01T23:59:59.000Z

214

Implications of Increasing U.S. Crude Oil Production  

U.S. Energy Information Administration (EIA) Indexed Site

Implications of Increasing U.S. Crude Implications of Increasing U.S. Crude Oil Production By John Powell June 18, 2013 U.S. crude oil production is up dramatically since 2010 and will continue to grow rapidly; this has implications for: John Powell June 18, 2013 2 * Refinery operations * Refinery investment * Logistics infrastructure investment * Exports of petroleum products * Exports of crude oil Increased U.S. crude oil production has resulted in: John Powell June 18, 2013 3 * Declines in U.S. crude imports * Changes to refinery operations * Logistical constraints in moving crude from production areas to refining areas * Discounted prices for domestic "landlocked" crude vs. international seaborne crude

215

Energy and Financial Markets Overview: Crude Oil Price Formation  

Gasoline and Diesel Fuel Update (EIA)

Richard Newell, Administrator Richard Newell, Administrator May 5, 2011 Energy and Financial Markets Overview: Crude Oil Price Formation EIA's Energy and Financial Markets Initiative 2 Richard Newell, May 5, 2011 * Collection of critical energy information to improve market transparency - improved petroleum storage capacity data - other improvements to data quality and coverage * Analysis of energy and financial market dynamics to improve understanding of what drives energy prices - internal analysis and sponsorship of external research * Outreach with other Federal agencies, experts, and the public - expert workshops - public sessions at EIA's energy conferences - solicitation of public comment on EIA's data collections

216

STEO September 2012 - oil production  

U.S. Energy Information Administration (EIA) Indexed Site

oil production forecast to rise almost 700,000 bpd this oil production forecast to rise almost 700,000 bpd this year, help cut U.S. petroleum imports U.S. crude oil production is expected to average 6.3 million barrels per day in 2012. That's up nearly 700,000 barrels per day from last year and the highest annual oil output since 1997 says the U.S. Energy Information Administration in its new monthly short-term energy outlook for September. EIA analyst Sam Gorgen explains: "Higher oil supplies, especially from North Dakota and Texas, boosted U.S. oil production. The number of on-shore drilling rigs targeting oil nationwide has increased by around 200 so far this year to just under 1,400 rigs." Higher domestic oil production will help cut U.S. petroleum imports. The share of total U.S.

217

Exploring the WTI crude oil price bubble process using the Markov regime switching model  

Science Journals Connector (OSTI)

Abstract The sharp volatility of West Texas Intermediate (WTI) crude oil price in the past decade triggers us to investigate the price bubbles and their evolving process. Empirical results indicate that the fundamental price of WTI crude oil appears relatively more stable than that of the market-trading price, which verifies the existence of oil price bubbles during the sample period. Besides, by allowing the WTI crude oil price bubble process to switch between two states (regimes) according to a first-order Markov chain, we are able to statistically discriminate upheaval from stable states in the crude oil price bubble process; and in most of time, the stable state dominates the WTI crude oil price bubbles while the upheaval state usually proves short-lived and accompanies unexpected market events.

Yue-Jun Zhang; Jing Wang

2014-01-01T23:59:59.000Z

218

Impacts of the Venezuelan Crude Oil Production Loss  

Gasoline and Diesel Fuel Update (EIA)

Impacts of the Venezuelan Crude Oil Production Loss Impacts of the Venezuelan Crude Oil Production Loss EIA Home > Petroleum > Petroleum Feature Articles Impacts of the Venezuelan Crude Oil Production Loss Printer-Friendly PDF Impacts of the Venezuelan Crude Oil Production Loss By Joanne Shore and John Hackworth1 Introduction The loss of almost 3 million barrels per day of crude oil production in Venezuela following a strike in December 2002 resulted in an increase in the world price of crude oil. However, in the short term, the volume loss probably affected the United States more than most other areas. This country receives more than half of Venezuela's crude and product exports, and replacing the lost volumes proved difficult. U.S. imports of Venezuelan crude oil dropped significantly in December 2002 relative to other years

219

Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and  

NLE Websites -- All DOE Office Websites (Extended Search)

5: November 12, 5: November 12, 2007 Oil Price and Economic Growth, 1971-2006 to someone by E-mail Share Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Facebook Tweet about Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Twitter Bookmark Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Google Bookmark Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Delicious Rank Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Digg Find More places to share Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on

220

Energy dependence, oil prices and exchange rates: the Dominican economy since 1990  

Science Journals Connector (OSTI)

This paper studies the impact that oil prices have had on the floating exchange rate ... these two variables for large developed economies and oil-producing countries, always including the 1970s oil crises in the...

Diego Méndez-Carbajo

2011-04-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


221

Interrelations between the dynamics of oil prices and demand: Contemporary characteristics  

Science Journals Connector (OSTI)

The article shows that the unprecedented rise in oil prices was in recent years accompanied by an increase in oil consumption. The author considers the growth that was seen in the magnitude of oil sales despite m...

V. O. Yun’

2009-11-01T23:59:59.000Z

222

1. (F11PR) You are given: Year Oil Forward Price Zero Coupon ...  

E-Print Network (OSTI)

Apr 23, 2013 ... The price of 2 year oil swap which provides two barrels of oil at the end of one year and five barrels of oil at the end of two years is 137.60.

Jeff Beckley

2013-04-23T23:59:59.000Z

223

Oil price shocks and their short-and long-term effects on the Chinese economy Weiqi Tang a  

E-Print Network (OSTI)

Oil price shocks and their short- and long-term effects on the Chinese economy Weiqi Tang a , Libo-correction model Oil-price shocks Price transmission mechanisms Investment Output Producer/consumer price index of oil-price shocks for the developed economies. However, there has been a lack of similar empirical

Matthews, Adrian

224

Forecasting Model for Crude Oil Price Using Artificial Neural Networks and Commodity Futures Prices  

E-Print Network (OSTI)

This paper presents a model based on multilayer feedforward neural network to forecast crude oil spot price direction in the short-term, up to three days ahead. A great deal of attention was paid on finding the optimal ANN model structure. In addition, several methods of data pre-processing were tested. Our approach is to create a benchmark based on lagged value of pre-processed spot price, then add pre-processed futures prices for 1, 2, 3,and four months to maturity, one by one and also altogether. The results on the benchmark suggest that a dynamic model of 13 lags is the optimal to forecast spot price direction for the short-term. Further, the forecast accuracy of the direction of the market was 78%, 66%, and 53% for one, two, and three days in future conclusively. For all the experiments, that include futures data as an input, the results show that on the short-term, futures prices do hold new information on the spot price direction. The results obtained will generate comprehensive understanding of the cr...

Kulkarni, Siddhivinayak

2009-01-01T23:59:59.000Z

225

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

226

Maximum Utility Product Pricing Models and Algorithms Based on Reservation Prices  

E-Print Network (OSTI)

Maximum Utility Product Pricing Models and Algorithms Based on Reservation Prices R. Shioda L. Tun for pricing a product line with several customer segments under the assumption that customers' product choices utility model and formulate it as a mixed-integer programming problem, design heuristics and valid cuts

Tunçel, Levent

227

Volume 29, Issue 2 On the short-term influence of oil price changes on stock markets in gcc  

E-Print Network (OSTI)

Volume 29, Issue 2 On the short-term influence of oil price changes on stock markets Rouen & LEO Abstract This paper examines the short-run relationships between oil prices and GCC stock to oil price shocks. To account for the fact that stock markets may respond nonlinearly to oil price

Paris-Sud XI, Université de

228

Macroeconomic effects of high oil prices on the Swiss economy: 2003â??2008  

Science Journals Connector (OSTI)

In this paper, we examine the macroeconomic impact of the high oil price era between 2003 and mid-2008 on the Swiss economy. Using a medium-scale disequilibrium macroeconometric model, we focus not only on the effects of oil prices on the real GDP growth but also on their effects on demand-side components, prices, labour market and capacity output. Our simulation results indicate that high oil prices still had a non-negligible negative impact on economic performance despite the observed above average real economic growth rates. We have also found that an accommodative monetary policy might help in smoothing the negative effects of oil price shocks.

Erdal Atukeren

2011-01-01T23:59:59.000Z

229

Can oil prices help estimate commodity futures prices? The cases of copper and silver  

Science Journals Connector (OSTI)

There is an extensive literature on modeling the stochastic process of commodity futures. It has been shown that models with several risk factors are able to adequately fit both the level and the volatility structure of observed transactions with reasonable low errors. One of the characteristics of commodity futures markets is the relatively short term maturity of their contracts, typically ranging for only a few years. This poses a problem for valuing long term investments that require extrapolating the observed term structure. There has been little work on how to effectively do this extrapolation and in measuring its errors. Cortazar et al. (2008b) propose a multicommodity model that jointly estimates two commodities, one with much longer maturity futures contracts than the other, showing that futures prices of one commodity may be useful information for estimating the stochastic process of another. They implement the procedure using highly correlated commodities like WTI and Brent. In this paper we analyze using prices of long term oil futures contracts to help estimate long term copper and silver future prices. We start by analyzing the performance of the Cortazar et al. (2008b) multicommodity model, now applied to oil-copper and oil-silver which have much lower correlation than the WTI–Brent contracts. We show that for these commodities with lower correlation the multicommodity model seems not to be effective. We then propose a modified multicommodity model with a much simpler structure which is easier to estimate and that uses the non-stationary long term process of oil to help estimate long term copper and silver futures prices, achieving a much better fit than using available individual or multicommodity models.

Gonzalo Cortazar; Francisco Eterovic

2010-01-01T23:59:59.000Z

230

Economically rational expectations theory: evidence from the WTI oil price survey data  

E-Print Network (OSTI)

Economically rational expectations theory: evidence from the WTI oil price survey data Georges PRAT are not conclusive regarding this hypothesis. Moosa and Al- Loughani (1994) find that futures prices on the WTI of whether or not expectations are rational unsolved. Using private WTI oil price expectations revealed

Paris-Sud XI, Université de

231

STEO December 2012 - oil production  

U.S. Energy Information Administration (EIA) Indexed Site

Rise in 2012 U.S. oil production largest since 1859, output in 2013 seen Rise in 2012 U.S. oil production largest since 1859, output in 2013 seen topping 7 million bpd U.S. crude oil production is now expected to rise by about 760,000 barrels per day in 2012, the biggest annual increase in oil output since U.S. commercial crude oil production began in 1859. American oil producers are expected to pump a daily average of 6.4 million barrels of crude oil this year, according to the U.S. Energy Information Administrator's new monthly energy forecast. The annual increase in oil output tops the previous record set in 1951 and marks the largest yearly production increase ever. Most of the increase in crude oil production is driven by drilling activity in shale formations located in Texas, North Dakota and Montana. U.S. crude oil production next year is expected to top 7 million barrels per day for the first time

232

Average Price of Natural Gas Production  

Gasoline and Diesel Fuel Update (EIA)

. . Quantity and Average Price of Natural Gas Production in the United States, 1930-1996 (Volumes in Million Cubic Feet, Prices in Dollars per Thousand Cubic Feet) Table Year Gross Withdrawals Used for Repressuring Nonhydro- carbon Gases Removed Vented and Flared Marketed Production Extraction Loss Dry Production Average Wellhead Price of Marketed Production 1930 ....................... NA NA NA NA 1,978,911 75,140 1,903,771 0.08 1931 ....................... NA NA NA NA 1,721,902 62,288 1,659,614 0.07 1932 ....................... NA NA NA NA 1,593,798 51,816 1,541,982 0.06 1933 ....................... NA NA NA NA 1,596,673 48,280 1,548,393 0.06 1934 ....................... NA NA NA NA 1,815,796 52,190 1,763,606 0.06 1935 ....................... NA NA NA NA 1,968,963 55,488 1,913,475 0.06 1936 ....................... 2,691,512 73,507 NA 392,528 2,225,477

233

Oil prices and exchange rates in oil-exporting countries: evidence from TAR and M-TAR models  

Science Journals Connector (OSTI)

The paper studies the long-run relation and short-run dynamics between real oil prices and real exchange rates in a sample of 13 oil-exporting countries. The purpose of the study ... countries, we also find that ...

Hassan Mohammadi; Mohammad R. Jahan-Parvar

2012-07-01T23:59:59.000Z

234

EIA-Annual Energy Outlook 2010 - Low Oil PriceTables  

Gasoline and Diesel Fuel Update (EIA)

Oil Price Tables (2007-2035) Oil Price Tables (2007-2035) Annual Energy Outlook 2010 Main Low Oil Price Tables (2007- 2035) Table Title Formats Summary Low Oil Price Case Tables PDF Gif Year-by-Year Low Oil Price Case Tables Excel Gif Table 1. Total Energy Supply and Disposition Summary Excel Gif Table 2. Energy Consumption by Sector and Source Excel Gif Table 3. Energy Prices by Sector and Source Excel Gif Table 4. Residential Sector Key Indicators and Consumption Excel Gif Table 5. Commercial Sector Indicators and Consumption Excel Gif Table 6. Industrial Sector Key Indicators and Consumption Excel Gif Table 7. Transportation Sector Key Indicators and Delivered Energy Consumption Excel Gif Table 8. Electricity Supply, Disposition, Prices, and Emissions Excel Gif Table 9. Electricity Generating Capacity

235

Regional Balanced Growth in Italy and the Increase in Oil Prices  

Science Journals Connector (OSTI)

The recent rise in fuel prices has had many diverse consequences both for ... while to enquire into the effect that the oil price rise may have on regional development within ... precisely that, namely, to determ...

Murray Brown; Maurizio Di Palma…

1976-01-01T23:59:59.000Z

236

Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship  

NLE Websites -- All DOE Office Websites (Extended Search)

7: May 12, 2003 7: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 to someone by E-mail Share Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Facebook Tweet about Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Twitter Bookmark Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Google Bookmark Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Delicious Rank Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price

237

Investor Flows and the 2008 Boom/Bust in Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Investor Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows and the 2008 Boom/Bust in Oil Prices Kenneth J. Singleton Graduate School of Business Stanford University August, 2011 Introduction Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows, Speculation, and Oil Prices The role of speculation (broadly construed) in the dramatic rise and subsequent sharp decline in oil prices during 2008? Many attribute these swings to changes in fundamentals of supply and demand, within representative agent models. At the same time there is mounting evidence of the "financialization" of commodity markets. Objective: investigate the impact of investor flows and financial market conditions on crude-oil futures prices. Introduction Investor Flows and Speculation New Evidence on

238

Dynamic analysis in productivity, oil shock, and recession  

E-Print Network (OSTI)

use of oil in the US economy weakens the peak responses ofin the oil-price process shifts the timing of the peak by 2the same size of the oil-price shock. The peak response of

Katayama, Munechika

2008-01-01T23:59:59.000Z

239

Bakken Shale Oil Production Trends  

E-Print Network (OSTI)

) database and in the format of monthly production for oil, water and gas. Additional 95 well data including daily production rate, completion, Pressure Volume Temperature (PVT), pressure data are given from companies who sponsor for this research study...

Tran, Tan

2012-07-16T23:59:59.000Z

240

The Study on Oil Prices’ Effect on International Gas Prices Based on Using Wavelet Based Boltzmann Cooperative Neural Network  

Science Journals Connector (OSTI)

In this paper, we build up WBNNK model based on wavelet-based cooperative Boltzmann neural network and kernel density estimation. The international oil prices time series is decomposed into approximate components...

Xiazi Yi; Zhen Wang

2013-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


241

Consumers Are Enjoying Low Oil Prices (Figure 1)  

Gasoline and Diesel Fuel Update (EIA)

SUBCOMMITTEE ON ENERGY AND POWER SUBCOMMITTEE ON ENERGY AND POWER COMMITTEE ON COMMERCE U.S. HOUSE OF REPRESENTATIVES MARCH 10, 1999 Summary of Jay Hakes Testimony on Exxon-Mobil Merger The major oil companies are very different companies today than they were at the time of the Arab Oil Embargo. Following the nationalization of crude-producing assets and the subsequent rise of state-owned oil companies to run and enhance those assets, major oil companies shrank. In 1972, had mergers occurred between BP and Amoco and Exxon and Mobil, the two resulting organizations would have controlled almost 28 percent of world production. Today the combined production of these four organizations accounts for less than 7 percent of production. Exxon and Mobil account for less than 4 percent. If Exxon and Mobil combine, EIA data show several regions of large overlap.

242

On the relationship between the prices of oil and the precious metals  

E-Print Network (OSTI)

/US dollar exchange rates, the S&P500 equity indices, and the prices of WTI crude oil and the precious metals

Boyer, Edmond

243

The level crossing analysis of German stock market index (DAX) and daily oil price time series  

E-Print Network (OSTI)

The level crossing analysis of DAX and oil price time series are given. We determine the average frequency of positive-slope crossings, $\

Shayeganfar, F; Peinke, J; Tabar, M Reza Rahimi

2010-01-01T23:59:59.000Z

244

Essays on the volatility and spillover effects of oil and food price shocks.  

E-Print Network (OSTI)

??This thesis comprises five self contained but related essays on the volatility and spillover effects of oil and food price shocks, making contributions to the… (more)

Alom, Fardous

2012-01-01T23:59:59.000Z

245

The short-term effect of the movement of the USD on oil prices.  

E-Print Network (OSTI)

??The effect of the changes in the US dollar (USD) on oil prices was examined in several trials. An indexed value of the USD and… (more)

Wells, Lauren E.

2009-01-01T23:59:59.000Z

246

The informational content of oil and natural gas prices in energy fund performance  

Science Journals Connector (OSTI)

This paper explores whether the informational content of oil and gas prices has an impact on energy mutual fund returns. We first re-visit the relationship between oil and gas prices and energy index returns; our findings confirm that better energy index performance is associated with oil and gas price increases. Using the Fama and MacBeth (1973) two-stage regressions, we find that the information contained in oil and gas prices also plays a significant role in explaining energy mutual fund returns, making these an alternative investment to direct energy stock investments.

Viet Do; Tram Vu

2012-01-01T23:59:59.000Z

247

Strategic implications for US - Persian Gulf relations on domestic and worldwide oil production for future US oil demand. Final report  

SciTech Connect

The U.S. dependence on oil imports is examined in light of current U.S. oil production, its potential for future discoveries, and the availability of oil products form Venezuela, Mexico, and other South American countries. There is no geologic reason why the U.S. cannot continue to replace its reserves consumed annually, continue conservation efforts reducing its import dependence, and shift its foreign oil supply closer to home, i.e., Mexico and South America. Increasing the price of oil domestically ensures continued exploration, and shifting the source of imports reduces the length of SLOC'S carrying critical oil products.

Kaplan, S.S.

1987-03-01T23:59:59.000Z

248

Drivers Behind Growing U.S. Product Exports & Shrinking Light-Heavy Price Differences  

Gasoline and Diesel Fuel Update (EIA)

‚§ This presentation focuses on what is behind the recent growth in product exports, if they will ‚§ This presentation focuses on what is behind the recent growth in product exports, if they will persist, and what do they imply for U.S. refiners. 1 1 1  At the same time, light-heavy price differences in both product and crude oil markets have been shrinking. One of the products that is showing increasing exports, residual fuel oil, provides some insights into this market dynamic, which will also be discussed. Over the past several years, major changes in oil product markets worldwide are having f S f f 2 significant impacts on U.S. refiners. The presentation will focus on two major products - gasoline and middle distillates (jet fuel, kerosene, diesel and heating oil) - as well as residual fuel oil, which plays a small role in the U.S., but a larger role internationally.

249

A FORECAST MODEL OF AGRICULTURAL AND LIVESTOCK PRODUCTS PRICE  

E-Print Network (OSTI)

A FORECAST MODEL OF AGRICULTURAL AND LIVESTOCK PRODUCTS PRICE Wensheng Zhang1,* , Hongfu Chen1 and excessive fluctuation of agricultural and livestock products price is not only harmful to residents' living, but also affects CPI (Consumer Price Index) values, and even leads to social crisis, which influences

Boyer, Edmond

250

The Impact of Oil Prices on the Air Transportation Industry  

E-Print Network (OSTI)

......................................................................................................................................14 2 FUEL PRICE IMPACT ON AIRLINE OPERATIONS .......................................................................................16 2.1 FUEL EFFICIENCY AND FUEL PRICE..............................................................................................................................29 2.7 UNDERSTANDING FUEL PRICE IMPACTS THROUGH AIRLINE INTERVIEWS

Hill, Wendell T.

251

WTI Crude Oil Prices Are Expected To Remain Relatively High Through At  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: As we just saw, one of the primary factors impacting gasoline price is the crude oil price. This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices broke $36 per barrel in November briefly as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. Crude oil prices are expected to be about $30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. With the EIA forecast for crude prices staying high this year,

252

Influence of oil prices on stock market indexes in Russia and Norway  

Science Journals Connector (OSTI)

The effects of oil price dynamics on share quotations are discussed in ... paper for the 2000–2012 period for two oil exporting countries—Russia and Norway. It has ... , that, in spite of intuitive expectations,

I. A. Kopytin

2014-01-01T23:59:59.000Z

253

Heavy Fuel Oil Prices for Electricity Generation - EIA  

Gasoline and Diesel Fuel Update (EIA)

Heavy Fuel Oil Prices for Electricity Generation for Selected Countries1 Heavy Fuel Oil Prices for Electricity Generation for Selected Countries1 U.S. Dollars per Metric Ton2 Country 2001 2002 2003 2004 2005 2006 2007 2008 2009 Argentina NA NA NA NA NA NA NA NA NA Australia NA NA NA NA NA NA NA NA NA Austria 83.0 96.4 146.4 153.3 182.2 226.1 220.3 342.3 248.3 Barbados NA NA NA NA NA NA NA NA NA Belgium 155.1 160.4 - - - - - - - - - - - - - - Bolivia NA NA NA NA NA NA NA NA NA Brazil NA NA NA NA NA NA NA NA NA Canada 115.7 117.8 180.4 141.5 198.4 222.4 NA NA NA Chile NA NA NA NA NA NA NA NA NA China NA NA NA NA NA NA NA NA NA Chinese Taipei (Taiwan) NA NA NA NA NA NA NA NA NA Colombia NA NA NA NA NA NA NA NA NA Cuba NA NA NA 183.4 NA NA NA NA NA

254

Review of EIA Oil Production Outlooks  

NLE Websites -- All DOE Office Websites (Extended Search)

Review of EIA oil production outlooks For 2014 EIA Energy Conference July 15, 2014 | Washington, DC By Samuel Gorgen, Upstream Analyst Overview Gorgen, Tight Oil Production Trends...

255

Long Term World Oil Supply (A Resource Base/Production Path Analysis)  

Gasoline and Diesel Fuel Update (EIA)

Long Term World Oil Supply Long Term World Oil Supply (A Resource Base/Production Path Analysis) 07/28/2000 Click here to start Table of Contents Long Term World Oil Supply (A Resource Base/Production Path Analysis) Executive Summary Executive Summary (Continued) Executive Summary (Continued) Overview The Year of Peak Production..When will worldwide conventional oil production peak?... Lower 48 Crude Oil Reserves & Production 1945-2000 Texas Oil and Condensate Production, and Texas First Purchase Price (FPP), 1980-1999 Published Estimates of World Oil Ultimate Recovery Different Interpretations of a Hypothetical 6,000 Billion Barrel World Original Oil-in-Place Resource Base Campbell-Laherrère World Oil Production Estimates, 1930-2050 Laherrere’s Oil Production Forecast, 1930-2150

256

Prices of robustness and reblending in oil industry Stefan Janaqi.* Jorge Aguilera*. Meriam Chbre**  

E-Print Network (OSTI)

Prices of robustness and reblending in oil industry Stefan Janaqi.* Jorge Aguilera*. Meriam Chébre. In this paper we present a method to calculate the prices of robustness and reblending through a robust real-time optimization method for the on-line linear oil blending process. Our approach places this problem in a wider

Paris-Sud XI, Université de

257

Fact #579: July 13, 2009 Oil Price and Economic Growth, 1970-2008  

Energy.gov (U.S. Department of Energy (DOE))

Major oil price shocks have disrupted world energy markets five times in the past 30 years – 1973-74, 1979-80, 1990-1991, 1999-2000 and again in 2008. Most of the oil price shocks were followed by...

258

A stochastic optimization model for gas retail with temperature scenarios and oil price parameters  

Science Journals Connector (OSTI)

......seller; the purchase price fixed by the shipper...whereas sell and purchase prices do not change during the...cooking or for cooking and heating, or for commercial activities...consider the influence of oil prices on the energy-related......

F. Maggioni; M. Bertocchi; R. Giacometti; M. T. Vespucci; M. Innorta; E. Allevi

2010-04-01T23:59:59.000Z

259

Western Hemisphere Oil Products Balance  

Gasoline and Diesel Fuel Update (EIA)

Western Hemisphere Oil Products Balance Ramn Espinasa, Ph.D. Lead Specialist July 2014 The Energy Innovation Center Energy Division 3 The views expressed by the author do not...

260

Daily prediction of short-term trends of crude oil prices using neural networks exploiting multimarket dynamics  

Science Journals Connector (OSTI)

This paper documents a systematic investigation on the predictability of short-term trends of crude oil prices on a daily basis. In stark contrast with longer-term predictions of crude oil prices, short-term pred...

Heping Pan; Imad Haidar; Siddhivinayak Kulkarni

2009-06-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


261

Life Cycle Analysis of the Production of Aviation Fuels Using the CE-CERT Process  

E-Print Network (OSTI)

2 Jet fuel and crude oil price history. From IATA website:oil discovery and fuel production………………………. ……..4 Figure.2: Jet fuel and crude oil price history……………………………. …………

Hu, Sangran

2012-01-01T23:59:59.000Z

262

OIL AND NATURAL GAS PRICES: TOGETHER AGAIN? 1 Prakash Loungani (International Monetary Fund)  

E-Print Network (OSTI)

Crude oil and natural gas are important energy sources. Their prices in the U.S. are volatile and nominal rigidity does not play an important role. In addition, the law of one price between German and the U.S. markets holds quite well in the sense that the relative price exhibits stationarity. However, the natural gas prices in the two markets have diverged recently. We show that this is due to structural changes in the U.S. natural gas market rather than long term based contract prices in Germany. Nonetheless we conjecture future recovery of the law of one price.

Akito Matsumoto (international Monetary Fund

263

On the shortterm influence of oil price changes on stock markets in GCC countries: linear and nonlinear analyses  

E-Print Network (OSTI)

1 On the shortterm influence of oil price changes on stock markets in GCC countries the short-run relationships between oil prices and GCC stock markets. Since GCC countries are major world energy market players, their stock markets may be susceptible to oil price shocks. To account

Paris-Sud XI, Université de

264

EIA - Projections of Oil Production Capacity and Oil Production In three  

Gasoline and Diesel Fuel Update (EIA)

Projections of Oil Production Capacity and Oil Production in Three Cases (1990-2030) Projections of Oil Production Capacity and Oil Production in Three Cases (1990-2030) International Energy Outlook 2006 Projections of Oil Production Capacity and Oil Production In Three Cases Data Tables (1990-2030) Formats Table Data Titles (1 to 6 complete) Projections of Oil Production Capacity and Oil Production In Three Cases Tables. Need help, contact the National Energy Information Center at 202-586-8800. Projections of Oil Production Capacity and Oil Production In Three Cases Tables. Need help, contact the National Energy Information Center at 202-586-8800. Table E1 World Oil Production Capacity by Region and Country, Reference Case Projections of Oil Production Capacity and Oil Production In Three Cases Tables. Need help, contact the National Energy Information Center at 202-586-8800.

265

The peak of oil production—Timings and market recognition  

Science Journals Connector (OSTI)

Energy is essential for present societies. In particular, transportation systems depend on petroleum-based fuels. That world oil production is set to pass a peak is now a reasonably accepted concept, although its date is far from consensual. In this work, we analyze the true expectations of the oil market participants about the future availability of this fundamental energy source. We study the evolution through time of the curves of crude oil futures prices, and we conclude that the market participants, among them the crude oil producers, already expect a near-term peak of oil production. This agrees with many technical predictions for the date of peak production, including our own, that point to peak dates around the end of the present decade. If this scenario is confirmed, it can cause serious social and economical problems because societies will have little time to perform the necessary adjustments.

Pedro de Almeida; Pedro D. Silva

2009-01-01T23:59:59.000Z

266

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. Read the letter. Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol1, a first-generation biofuel. For a typical household, that means saving about $150 to $300 per year. For the U.S. overall, this saves gas expenditures of $28 billion to

267

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Gas Prices and Oil Consumption Would Increase Without Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. Read the letter. Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol1, a first-generation biofuel. For a typical household, that means saving about $150 to $300 per year. For the U.S. overall, this saves gas expenditures of $28 billion to

268

Item # Item Description Unit Size Supplier # Supplier Name Price Busch Stockroom Product List  

E-Print Network (OSTI)

Item # Item Description Unit Size Supplier # Supplier Name Price Qty On Hand Last Price Update;Item # Item Description Unit Size Supplier # Supplier Name Price Qty On Hand Last Price Update BuschGas 1.00 3,559 03/20/2014 797 Oil Vacuum Pump - 1 Liter S41455 Fisher 9.48 0 03/27/2008 796 Oil Vacuum

Garfunkel, Eric

269

Effects of a fall in the price of oil: the case of a small oil-exporting country  

Science Journals Connector (OSTI)

This chapter explores the macroeconomic effects on the Norwegian economy of a large fall in the price of oil. The chapter is a condensed version of...et al...1986). Our analysis is divided into three parts. In Se...

Kjeel Berger; Ådne Cappelen; Vidar Knudsen…

1988-01-01T23:59:59.000Z

270

An assessment of oil supply and its implications for future prices  

Science Journals Connector (OSTI)

This paper examines three issues related to both the U.S. and world oil supply: (1) the nature of the ... be the primary source of U.S. oil imports; and (3) the cyclic behavior of oil prices. it shows that U.S. p...

Danilo J. Santini

1998-06-01T23:59:59.000Z

271

Ethanol Production and Gasoline Prices: A Spurious Correlation  

E-Print Network (OSTI)

Ethanol Production and Gasoline Prices: A Spurious Correlation Christopher R. Knittel and Aaron Smith July 12, 2012 Abstract Ethanol made from corn comprises 10% of US gasoline, up from 3% in 2003 proponents of ethanol have argued that ethanol production greatly lowers gasoline prices, with one industry

Rothman, Daniel

272

Single-Product Pricing via Robust Optimization  

E-Print Network (OSTI)

manufacturing to fashion retail. Applying probabilistic ... In Section 2, we develop the robust pricing model in the presence of additive uncertainty. We analyze.

2006-01-30T23:59:59.000Z

273

Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices  

Energy.gov (U.S. Department of Energy (DOE))

Crude oil prices have been extremely volatile over the past few decades. World events can disrupt the flow of oil to the market or cause uncertainty about future supply or demand for oil, leading...

274

The impact of crude-oil price volatility on agricultural employment in the United States  

SciTech Connect

This study focuses on the impact of fluctuations in the price of crude oil on agricultural employment in the United States. After reviewing previous assessments of the issue, the existence of an empirical relationship between agricultural employment and crude oil price volatility is established using Granger causality. Subsequently, the nature of the relationship is estimated with the results suggesting that at least three full years are required before the measurable impacts of a percentage change in the real price of crude oil on the change in agricultural employment are exhausted. Finally, the structural stability of the functional relationship between the change in agricultural employment and the volatility of the price of crude oil, the percentage changes in expected net farm income, realized technological innovation, and the wage rate is examined.

Uri, N.D. [Dept. of Agriculture, Washington, DC (United States)

1995-12-31T23:59:59.000Z

275

Table 42. Residual Fuel Oil Prices by PAD District and State  

Gasoline and Diesel Fuel Update (EIA)

55.1 47.1 W W 55.1 46.2 See footnotes at end of table. 42. Residual Fuel Oil Prices by PAD District and State Energy Information Administration Petroleum...

276

Did speculative activities contribute to high crude oil prices during 1993 to 2008?  

Science Journals Connector (OSTI)

By applying two nonlinear Granger causality testing methods and rolling window strategy to explore the relationship between speculative activities and crude oil prices, the unidirectional Granger causality from s...

Xun Zhang; Kin Keung Lai; Shouyang Wang

2009-12-01T23:59:59.000Z

277

Energy policies in a macroeconomic model: an analysis of energy taxes when oil prices decline  

Science Journals Connector (OSTI)

Economic planners and policy-makers have been acquainted, in the last fifteen years, with unanticipated oil price increases. The energy economics literature is abundant ... rules that would mitigate the negative ...

P. Capros; P. Karadeloglou; G. Mentzas

1992-01-01T23:59:59.000Z

278

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow  

Energy.gov (U.S. Department of Energy (DOE))

The growth of renewable energy and renewable fuels in the United States will be significantly greater under scenarios involving high oil prices and stricter controls on greenhouse gas (GHG) emissions, according to DOE's Energy Information Administration (EIA).

279

Causes, Magnitude and Consequences of Price Variability in Agricultural Commodity Market: An African Perspective  

E-Print Network (OSTI)

­ unbridled population growth, oil price fluctuations, importation policies, water availability and political market, hunger, undernourishment in Africa, food productivity, population growth, oil price, importation1 Causes, Magnitude and Consequences of Price Variability in Agricultural Commodity Market

280

Modelling the oil price–exchange rate nexus for South Africa  

Science Journals Connector (OSTI)

Abstract This paper conducts an empirical analysis of the relationship between oil prices and exchange rates in South Africa. We model the volatility and jumps in exchange rate returns by using the GARCH autoregressive conditional jump intensity model of Chan and Maheu which models the effects of extreme news events (jumps) in returns. The empirical results show that oil price increases lead to a depreciation of the South African rand relative to the US dollar.

Babajide Fowowe

2014-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


281

Dynamic analysis in productivity, oil shock, and recession  

E-Print Network (OSTI)

use of oil in the US economy weakens the peak responses ofpeak under other factors considered, less persistence in the oil-the same size of the oil-price shock. The peak response of

Katayama, Munechika

2008-01-01T23:59:59.000Z

282

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

the green light for drilling when oil price is high, thenthe U.S. Oil and Gas Producing Industry, Section 1: Drillingwell) Well Drilling Costs Alaska onshore oil wells and dry

Leighty, Wayne

2008-01-01T23:59:59.000Z

283

Heavy oil production from Alaska  

SciTech Connect

North Slope of Alaska has an estimated 40 billion barrels of heavy oil and bitumen in the shallow formations of West Sak and Ugnu. Recovering this resource economically is a technical challenge for two reasons: (1) the geophysical environment is unique, and (2) the expected recovery is a low percentage of the oil in place. The optimum advanced recovery process is still undetermined. Thermal methods would be applicable if the risks of thawing the permafrost can be minimized and the enormous heat losses reduced. Use of enriched natural gas is a probable recovery process for West Sak. Nearby Prudhoe Bay field is using its huge natural gas resources for pressure maintenance and enriched gas improved oil recovery (IOR). Use of carbon dioxide is unlikely because of dynamic miscibility problems. Major concerns for any IOR include close well spacing and its impact on the environment, asphaltene precipitation, sand production, and fines migration, in addition to other more common production problems. Studies have indicated that recovering West Sak and Lower Ugnu heavy oil is technically feasible, but its development has not been economically viable so far. Remoteness from markets and harsh Arctic climate increase production costs relative to California heavy oil or Central/South American heavy crude delivered to the U.S. Gulf Coast. A positive change in any of the key economic factors could provide the impetus for future development. Cooperation between the federal government, state of Alaska, and industry on taxation, leasing, and permitting, and an aggressive support for development of technology to improve economics is needed for these heavy oil resources to be developed.

Mahmood, S.M.; Olsen, D.K. [NIPER/BDM-Oklahoma, Inc., Bartlesville, OK (United States); Thomas, C.P. [Idaho National Engineering Lab., Idaho Falls, ID (United States)

1995-12-31T23:59:59.000Z

284

Water issues associated with heavy oil production.  

SciTech Connect

Crude oil occurs in many different forms throughout the world. An important characteristic of crude oil that affects the ease with which it can be produced is its density and viscosity. Lighter crude oil typically can be produced more easily and at lower cost than heavier crude oil. Historically, much of the nation's oil supply came from domestic or international light or medium crude oil sources. California's extensive heavy oil production for more than a century is a notable exception. Oil and gas companies are actively looking toward heavier crude oil sources to help meet demands and to take advantage of large heavy oil reserves located in North and South America. Heavy oil includes very viscous oil resources like those found in some fields in California and Venezuela, oil shale, and tar sands (called oil sands in Canada). These are described in more detail in the next chapter. Water is integrally associated with conventional oil production. Produced water is the largest byproduct associated with oil production. The cost of managing large volumes of produced water is an important component of the overall cost of producing oil. Most mature oil fields rely on injected water to maintain formation pressure during production. The processes involved with heavy oil production often require external water supplies for steam generation, washing, and other steps. While some heavy oil processes generate produced water, others generate different types of industrial wastewater. Management and disposition of the wastewater presents challenges and costs for the operators. This report describes water requirements relating to heavy oil production and potential sources for that water. The report also describes how water is used and the resulting water quality impacts associated with heavy oil production.

Veil, J. A.; Quinn, J. J.; Environmental Science Division

2008-11-28T23:59:59.000Z

285

Forecasting crude oil price with an EMD-based neural network ensemble learning paradigm  

Science Journals Connector (OSTI)

In this study, an empirical mode decomposition (EMD) based neural network ensemble learning paradigm is proposed for world crude oil spot price forecasting. For this purpose, the original crude oil spot price series were first decomposed into a finite, and often small, number of intrinsic mode functions (IMFs). Then a three-layer feed-forward neural network (FNN) model was used to model each of the extracted IMFs, so that the tendencies of these \\{IMFs\\} could be accurately predicted. Finally, the prediction results of all \\{IMFs\\} are combined with an adaptive linear neural network (ALNN), to formulate an ensemble output for the original crude oil price series. For verification and testing, two main crude oil price series, West Texas Intermediate (WTI) crude oil spot price and Brent crude oil spot price, are used to test the effectiveness of the proposed EMD-based neural network ensemble learning methodology. Empirical results obtained demonstrate attractiveness of the proposed EMD-based neural network ensemble learning paradigm.

Lean Yu; Shouyang Wang; Kin Keung Lai

2008-01-01T23:59:59.000Z

286

Distillate Fuel Oil Imports Could Be Available - For A Price  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: So it wasn't demand and production explains only part of the reason we got through last winter with enough stocks. The mystery is solved when you look at net imports of distillate fuel last winter. As we found out, while imports are a small contributor to supply, they are sometimes crucial. Last winter, imports were the main source of supply increase following the price spike. Previous record levels were shattered as imports came pouring into the country. The fact that Europe was enjoying a warmer-than-normal winter also encouraged exports to the United States. It was massive amounts of imports, particularly from Russia, that helped us get through last winter in as good a shape as we did. Imports are expected to be relatively normal this winter. Added imports

287

e n e r g y When Oil Prices Jump, Is Speculation To Blame?  

E-Print Network (OSTI)

Historically, the long-run primary driver of oil prices has been global demand. 1 An expanding global economy demands more raw inputs, including oil, and that increased demand pushes up their price. However, the past decade (2000-09) saw a rapid proliferation in the financialization of commodities, i.e., the creation and trading of financial instruments indexed to commodity prices. Estimates indicate that assets allocated to commodity index trading rose from $13 billion in 2004 to $260 billion in March 2008. Many people, including policymakers and economists, have posited

Brett Fawley; Luciana Juvenal; Ivan Petrella

288

Mick Jagger Explains High Crude Oil Prices How can Mick Jagger of The Rolling Stones help explain the current high crude oil  

E-Print Network (OSTI)

Mick Jagger Explains High Crude Oil Prices How can Mick Jagger of The Rolling Stones help explain the current high crude oil price? It does not relate to Mick' short stint at the London School of Economics, the oil industry operates on the same principle, at least in the short run. The industry relies on proven

Ahmad, Sajjad

289

Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over the Last Decade  

E-Print Network (OSTI)

Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over This article extends the understanding of oil­stock market relationships over the last turbulent decade. Unlike returns to oil price changes differ greatly depending on the activity sector. In the out

Paris-Sud XI, Université de

290

Mississippi Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Mississippi Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

291

California Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) California Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

292

Pennsylvania Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Pennsylvania Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

293

A threshold cointegration analysis of asymmetric adjustment of OPEC and non-OPEC monthly crude oil prices  

Science Journals Connector (OSTI)

The purpose of this paper is to analyze the dynamics of crude oil prices of OPEC and non-OPEC countries using ... cointegration. To capture the long-run asymmetric price transmission mechanism, we develop an erro...

Hassan Belkacem Ghassan; Prashanta Kumar Banerjee

2014-07-01T23:59:59.000Z

294

Gasoline Prices: What is Happening?  

Gasoline and Diesel Fuel Update (EIA)

Gasoline Prices: What is Happening? Gasoline Prices: What is Happening? 5/10/01 Click here to start Table of Contents Gasoline Prices: What is Happening? Retail Motor Gasoline Price* Forecast Doesn't Reflect Potential Volatility Midwest Looking Like Last Year RFG Responding More Strongly Gasoline Prices Vary Among Locations.Retail Regular Gasoline Price, Cents per Gallon May 8, 2001 Crude Oil Affects Gasoline Prices WTI Crude Oil Prices Are Expected To Remain Relatively High Through At Least 2001 Low Total OECD Oil Stocks* Keep Market Balance Tight Low U.S. Stocks Indicate Tight U.S. Market Regional Inventories Tight Product Balance Pushes Up Product Spread (Spot Product - Crude Price) "New Factor" Contributing to Volatility: Excess Capacity is Gone Regional Refinery Utilization Shows Gulf Coast Pressure

295

The impact of oil price shocks on the stock market return and volatility relationship  

Science Journals Connector (OSTI)

Abstract This paper examines the impact of structural oil price shocks on the covariance of U.S. stock market return and stock market volatility. We construct from daily data on return and volatility the covariance of return and volatility at monthly frequency. The measures of daily volatility are realized-volatility at high frequency (normalized squared return), conditional-volatility recovered from a stochastic volatility model, and implied-volatility deduced from options prices. Positive shocks to aggregate demand and to oil-market specific demand are associated with negative effects on the covariance of return and volatility. Oil supply disruptions are associated with positive effects on the covariance of return and volatility. The spillover index between the structural oil price shocks and covariance of stock return and volatility is large and highly statistically significant.

Wensheng Kang; Ronald A. Ratti; Kyung Hwan Yoon

2015-01-01T23:59:59.000Z

296

Oil exploration and production in Scotland  

Science Journals Connector (OSTI)

...production, 34 oil production platforms are in operation...FARROW FIG. 4. The semi-submersible exploration rig...EXPLORATION AND PRODUCTION 559 3 E Area shows...through four steel production platforms, in a water depth...

D. Hallett; G. P. Durant; G. E. Farrow

297

STEO January 2013 - oil production increase  

U.S. Energy Information Administration (EIA) Indexed Site

oil production to increase in 2013 and 2014 oil production to increase in 2013 and 2014 U.S. crude oil production is expected to keep rising over the next two years. America's oil output will jump nearly 900,000 barrels per day in 2013 to an average 7.3 million barrels a day, according to the latest monthly forecast from the U.S. Energy Information Administration. This would mark the biggest one-year increase in output since U.S. commercial crude oil production began in 1859. U.S. daily oil production is expected to rise by another 600,000 barrels in 2014 to nearly 8 million barrels a day, the highest level since 1988. Most of America's oil production growth over the next two years will come from more drilling activity in tight shale rock formations located in North Dakota and Texas

298

Biodiesel Production from Greenseed Canola Oil  

Science Journals Connector (OSTI)

Biodiesel Production from Greenseed Canola Oil† ... Biodiesel properties are comparable to those of fossil-based diesel fuel, and biodiesels can be produced from animal fats or vegetable oils; thus, they are renewable. ...

Titipong Issariyakul; Ajay K. Dalai

2010-02-04T23:59:59.000Z

299

Final report of the Rhode Island State Energy Office on residential no. 2 heating oil and propane prices [SHOPP  

SciTech Connect

Summary report on residential No.2 heating oil and propane prepared under grant. Summarizes the monitoring and analysis of heating oil and propane prices from October 2000 through March 2001.

McClanahan, Janice

2001-04-01T23:59:59.000Z

300

Hotelling Revisited: Oil Prices and Endogenous Technological Progress  

Science Journals Connector (OSTI)

This article examines the Hotelling model of optimal nonrenewable resource extraction in light of empirical evidence that petroleum and minerals prices have been trendless despite resource scarcity. In ... if the...

C.-Y. Cynthia Lin; Haoying Meng; Tsz Yan Ngai…

2009-03-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


301

The impact of peak oil on tourism in Spain: An input–output analysis of price, demand and economy-wide effects  

Science Journals Connector (OSTI)

This article examines the potential effects of peak oil on Spanish tourism and indirectly on the rest of the economy. We construct several scenarios of price increases in oil, related fossil fuels and their inflationary effects. These scenarios provide the context for an input–output (I/O) analysis which uses I/O tables extended with Tourism Satellite Accounts. The analysis comprises three steps: (1) applying an I/O price model to estimate the price change of tourism services in Spain due to an increase in the prices of oil and other fossil fuels; (2) assessing the effects of price changes on demand for tourism services; and (3) estimating the impacts of demand change on the country's economy using an I/O demand model. The results show that a decreased demand for tourism services results in the greatest fall in outputs in the tourism-related shares of air, water, land and railway transport sectors. These are followed by tourism agencies' activities, non-market recreational, cultural and sporting activities, restaurants, and hotels. Depending on the oil price scenario adopted, GDP (Gross domestic product) decreases between ?0.08% and ?0.38% and the number of jobs lost through direct and indirect effects varies between approximately 20,000 and 100,000.

Ivana Logar; Jeroen C.J.M. van den Bergh

2013-01-01T23:59:59.000Z

302

How Has Dematerialization Contributed to Reducing Oil Price Pressure?: A Qualitative Input?Output Analysis for the Japanese Economy during 1990?2000  

Science Journals Connector (OSTI)

Faculty of Economics, Kyushu University, Fukuoka, Japan, Research Center for Material Cycles and Waste Management, National Institute for Environmental Studies of Japan, Tsukuba, Japan, and Department of Bioproducts and Biosystems Engineering, University of Minnesota ... An increase in crude oil prices increases production costs in many industries; these higher costs, if transferred to the consumer through an increase in product prices, would have a negative impact on households and discourage consumption. ... The economy is affected by reduced earnings for companies that cannot pass through the cost increases into prices for their final products due to the market competition, or any fraction of the increase in cost that is reflected in an increase in the price of a product affects the Japanese economy via the effects such increases have on household budget allocation and savings. ...

Shigemi Kagawa; Yuko Oshita; Keisuke Nansai; Sangwon Suh

2008-12-10T23:59:59.000Z

303

Olive Oil Production in Greece1 The 1981 accession of Greece into the EEC was significant for the  

E-Print Network (OSTI)

Olive Oil Production in Greece1 The 1981 accession of Greece into the EEC was significant for the olive oil sector. Greece is covered by 1,025,748 hectares of olive groves. In the period of 1991 to 1996 to other crops due to the high level of CAP support and high olive-oil prices and d) the lack

Zaferatos, Nicholas C.

304

Table 22. Domestic Crude Oil First Purchase Prices for Selected...  

U.S. Energy Information Administration (EIA) Indexed Site

company data. Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 44 Energy Information AdministrationPetroleum Marketing Annual...

305

obligations. When these products are obtained at fixed prices  

E-Print Network (OSTI)

al. have failed to properly analyze these fixed- price full-requirements load- following products and Andrew Lemon, Power Procurement: What's in Your Mix?, PUB. UTIL. FORTNIGHTLY, Nov. 2006, at 50. 4. Load-following of generation assets in New England has become less concentrated following the use of load-following products

Gross, George

306

Causality and volatility spillovers among petroleum prices of WTI, gasoline and heating oil in different locations  

Science Journals Connector (OSTI)

This paper examines the time series properties of daily spot and futures prices for three petroleum types traded at five commodity centers within and outside the United States. Examining five combinations of the spot and futures prices by petroleum type and trading center, the cointegration tests of each of these five groups suggest that spot and futures contracts offer little room for long-run commodity portfolio diversification. In the West Texas Intermediate (WTI) crude-oil group, the VEC model indicates that the New York Mercantile Exchange (NYMEX) 1-month futures price has the upper hand in terms of directional causality and volatility spillovers. In the NYMEX gasoline system, there are bi-directional causality relationships among all the gasoline spot and futures prices, but the spot price produces the greatest spillover. In the NYMEX heating oil system, information transmission and predictability among the spot, 1- and 3-month futures are found to be particularly strong and significant. In the international gasoline spot market, contrary to the world crude-oil market, there is no apparent world gasoline spot leader for the gasoline spot prices.

Shawkat Hammoudeh; Huimin Li; Bang Jeon

2003-01-01T23:59:59.000Z

307

Oil price shocks and stock market returns: New evidence from the United States and China  

Science Journals Connector (OSTI)

Abstract This study examines the time-varying correlations between oil prices shocks of different types (supply-side, aggregate demand and oil-market specific demand as per Kilian (2009) who highlighted that “Not all oil shocks are alike”) and stock market returns, using a Scalar-BEKK model. For this study we consider the aggregate stock market indices from two countries, China and the US, reflecting the most important developing and developed financial markets in the world. In addition to the whole market, we also consider correlations from key selected industrial sectors, namely Metals & Mining, Oil & Gas, Retail, Technology and Banking. The sample period runs from 1995 until 2013. We highlight several key points: (i) correlations between oil price shocks and stock returns are clearly and systematically time-varying; (ii) oil shocks of different types show substantial variation in their impact upon stock market returns; (iii) these effects differ widely across industrial sectors; and finally (iv) China is seemingly more resilient to oil price shocks than the US.

David C. Broadstock; George Filis

2014-01-01T23:59:59.000Z

308

Method for Developing Descriptions of Hard-to-Price Products: Results of the Telecommunications Product Study  

SciTech Connect

This report presents the results of a study to test a new method for developing descriptions of hard-to-price products. The Bureau of Labor Statistics (BLS) is responsible for collecting data to estimate price indices such as the Consumers Price Index (BLS) is responsible for collecting data to estimate price indices such as the Consumers Price Index (CPI). BLS accomplishes this task by sending field staff to places of business to price actual products. The field staff are given product checklists to help them determine whether products found today are comparable to products priced the previous month. Prices for non-comparable products are not included in the current month's price index calculations. A serious problem facing BLS is developing product checklists for dynamic product areas, new industries, and the service sector. It is difficult to keep checklists up-to-date and quite often simply to develop checklists for service industry products. Some people estimates that upwards of 50 % of US economic activity is not accounted for in the CPI

Conrad, F.; Tonn, B.

1999-05-01T23:59:59.000Z

309

Crude Oil, Heating Oil, and Propane Market Outlook  

Gasoline and Diesel Fuel Update (EIA)

Oil, Heating Oil, and Propane Market Outlook Oil, Heating Oil, and Propane Market Outlook 8/13/01 Click here to start Table of Contents Crude Oil, Heating Oil, and Propane Market Outlook Short-Term World Oil Price Forecast Price Movements Related to Supply/Demand Balance OPEC Production Likely To Remain Low U.S. Reflects World Market Crude Oil Outlook Conclusions Distillate Prices Increase With Crude Oil Distillate Stocks on the East Coast Were Very Low Entering Last Winter Distillate Demand Strong Last Winter More Supply Possible This Fall than Forecast Distillate Fuel Oil Imports Could Be Available - For A Price Distillate Supply/Demand Balance Reflected in Spreads Distillate Stocks Expected to Remain Low Winter Crude Oil and Distillate Price Outlook Heating Oil Outlook Conclusion Propane Prices Follow Crude Oil

310

Volatility Relationship between Crude Oil and Petroleum Products  

Science Journals Connector (OSTI)

This paper utilizes calculated historical volatility and GARCH models to compare the historical price volatility behavior of crude oil, motor gasoline and heating oil in U.S. markets since 1990. ... GARCH/TARCH m...

Thomas K. Lee; John Zyren

2007-03-01T23:59:59.000Z

311

Examining the nature of the relationship between Tapis crude oil and Singapore petrol prices  

Science Journals Connector (OSTI)

Fuel prices play a crucial role in the supply side of many economies across the globe. Hence, it is important to ensure that fuel pricing is efficient and free from any asymmetric behaviour. This paper examines the long- and short-run relationships between the price of unleaded petrol in Singapore (Mogas95) and the price of Tapis crude oil using 4,929 daily observations (4 June 1993-25 April 2012). As expected, we found that these two key energy indicators are cointegrated. We then developed a modelling framework that allowed us to test for adjustment asymmetries that distinguish between the size and sign of disequilibria, proxied by three different error correction terms. We found no significant evidence of any asymmetric pricing behaviour and market inefficiency. However, our results revealed a significant weekly cyclical pattern, with petrol being more expensive on Thursdays/Fridays than the rest of the week.

Abbas Valadkhani; Martin O'Brien; Amir Arjomandi

2013-01-01T23:59:59.000Z

312

Average Commercial Price  

U.S. Energy Information Administration (EIA) Indexed Site

Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground Storage Base Gas in Underground Storage Working Gas in Underground Storage Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

313

Average Commercial Price  

Gasoline and Diesel Fuel Update (EIA)

Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground Storage Base Gas in Underground Storage Working Gas in Underground Storage Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

314

Natural Gas Industrial Price  

Gasoline and Diesel Fuel Update (EIA)

Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground Storage Base Gas in Underground Storage Working Gas in Underground Storage Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

315

Average Residential Price  

Gasoline and Diesel Fuel Update (EIA)

Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground Storage Base Gas in Underground Storage Working Gas in Underground Storage Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

316

Average Residential Price  

U.S. Energy Information Administration (EIA) Indexed Site

Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground Storage Base Gas in Underground Storage Working Gas in Underground Storage Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

317

Decline Curve Analysis of Shale Oil Production.  

E-Print Network (OSTI)

?? Production of oil and gas from shale is often described as a revolution to energyproduction in North America. Since the beginning of this century… (more)

Lund, Linnea

2014-01-01T23:59:59.000Z

318

Foamy Oil Flow and its Role in Heavy Oil Production  

Science Journals Connector (OSTI)

Two?phase oil?gas flow in porous media is often encountered during oil production from oil bearing sedimentary rocks. Traditionally such flow is modeled by extending the Darcy’s law to two?phase flow by employing the concept of saturation dependent relative permeability. This model is remarkably successful as long as the fluid distribution within the porous medium is controlled by capillary forces. Under this condition the two fluids appear to flow in their own continuous flow channels. This flow description is applicable to most reservoir flow scenarios encountered in light oil production. However in primary production of heavy oil under solution?gas drive this flow model often fails to provide a satisfactory match of the observed behaviour.

Brij B. Maini; Bashir Busahmin

2010-01-01T23:59:59.000Z

319

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources failed to find much realization in actual stocks data. The idea that stocks are still languishing at below-normal levels is particularly persuasive when one views current levels (for key consuming regions) relative to "normal" values which account for the long-term trend in OECD stocks. We believe that monthly average WTI prices will stay around $30 per barrel for the first part of 2001. This is a noticeable upward shift in our projected average prices from even a month ago. The shift reflects greater emphasis on the lack of stock builds and less emphasis on the assumption that supply from OPEC and non-OPEC suppliers may be exceeding demand by 1-2

320

Pricing statistics sourcebook. 5. edition  

SciTech Connect

Thousands of historical and current prices for crude oil, NGL, petroleum products, natural gas and electric power are presented in easy to read tables. The book includes spot, posted and future prices; prices by state and by country; and monthly and annual prices. Most monthly price series go back 25 years. This comprehensive source for energy industry prices is a must for anyone involved in planning and budgeting. The Pricing Statistics Sourcebook has all of the essential key energy price statistics needed for analysis of the US and international oil and gas industries. Also include: an appendix of IEA, OECD and OPEC member lists, conversion factors heat content of fuels; and major events affecting the oil and gas industry since 1859. The book includes a summary analysis of significant changes in key data series written by Bob Beck, Economics Editor of the Oil and Gas Journal.

NONE

1999-11-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


321

Oil prices — Brownian motion or mean reversion? A study using a one year ahead density forecast criterion  

Science Journals Connector (OSTI)

For oil related investment appraisal, an accurate description of the evolving uncertainty in the oil price is essential. For example, when using real option theory to value an investment, a density function for the future price of oil is central to the option valuation. The literature on oil pricing offers two views. The arbitrage pricing theory literature for oil suggests geometric Brownian motion and mean reversion models. Empirically driven literature suggests ARMA–GARCH models. In addition to reflecting the volatility of the market, the density function of future prices should also incorporate the uncertainty due to price jumps, a common occurrence in the oil market. In this study, the accuracy of density forecasts for up to a year ahead is the major criterion for a comparison of a range of models of oil price behaviour, both those proposed in the literature and following from data analysis. The Kullbach Leibler information criterion is used to measure the accuracy of density forecasts. Using two crude oil price series, Brent and West Texas Intermediate (WTI) representing the US market, we demonstrate that accurate density forecasts are achievable for up to nearly two years ahead using a mixture of two Gaussians innovation processes with GARCH and no mean reversion.

Nigel Meade

2010-01-01T23:59:59.000Z

322

An evaluation of product formulas as an alternative to the Minnesota-Wisconsin price series  

E-Print Network (OSTI)

price used is known as the Minaesota-Wisconsin (M-W) price serieL The M-W price is the estimated average price paid for grade B milk by plants in Minnesota and Wisconsin. The M-W price is intended to reflect a market-determined price for milk used... is the estimated average plant cost to process a cwt of milk into various manufactured dairy products. As of December 1956, 84 percent of the orders used a product price formula as a factor for pricing migt in excess of fluid needs, and 25 percent used a product...

Keough, Mary J

2012-06-07T23:59:59.000Z

323

,"U.S. Refiner Petroleum Product Prices"  

U.S. Energy Information Administration (EIA) Indexed Site

Petroleum Product Prices" Petroleum Product Prices" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Sales to End Users",16,"Monthly","9/2013","7/15/1975" ,"Data 2","Sales for Resale",13,"Monthly","9/2013","7/15/1975" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_refoth_dcu_nus_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_refoth_dcu_nus_m.htm" ,"Source:","Energy Information Administration"

324

Estimating household fuel oil/kerosine, natural gas, and LPG prices by census region  

SciTech Connect

The purpose of this research is to estimate individual fuel prices within the residential sector. The data from four US Department of Energy, Energy Information Administration, residential energy consumption surveys were used to estimate the models. For a number of important fuel types - fuel oil, natural gas, and liquefied petroleum gas - the estimation presents a problem because these fuels are not used by all households. Estimates obtained by using only data in which observed fuel prices are present would be biased. A correction for this self-selection bias is needed for estimating prices of these fuels. A literature search identified no past studies on application of the selectivity model for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas. This report describes selectivity models that utilize the Dubin/McFadden correction method for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas in the Northeast, Midwest, South, and West census regions. Statistically significant explanatory variables are identified and discussed in each of the models. This new application of the selectivity model should be of interest to energy policy makers, researchers, and academicians.

Poyer, D.A.; Teotia, A.P.S.

1994-08-01T23:59:59.000Z

325

INCORPORATING THE EFFECT OF PRICE CHANGES ON CO2- EQUIVALENT EMSSIONS FROM ALTERNATIVE-FUEL LIFECYCLES: SCOPING THE ISSUES  

E-Print Network (OSTI)

price and direct consumption of other products derived from crude oil, such as home heatingoil for home heating; gasoline for highway vehicles); h) with the change in price

Delucchi, Mark

2005-01-01T23:59:59.000Z

326

Incorporating the Effect of Price Changes on CO2-Equivalent Emissions From Alternative-Fuel Lifecycles: Scoping the Issues  

E-Print Network (OSTI)

price and direct consumption of other products derived from crude oil, such as home heatingoil for home heating; gasoline for highway vehicles); h) with the change in price

Delucchi, Mark

2005-01-01T23:59:59.000Z

327

A compressed sensing based AI learning paradigm for crude oil price forecasting  

Science Journals Connector (OSTI)

Abstract Due to the complexity of crude oil price series, traditional statistics-based forecasting approach cannot produce a good prediction performance. In order to improve the prediction performance, a novel compressed sensing based learning paradigm is proposed through integrating compressed sensing based denoising (CSD) and certain artificial intelligence (AI), i.e., CSD-AI. In the proposed learning paradigm, CSD is first performed as a preprocessor for the original data of international crude oil price to eliminate the noise, and then a certain powerful AI tool is employed to conduct prediction for the cleaned data. In particular, the process of CSD aims to reduce the level of noise which pollutes the data, and to further enhance the prediction performance of the AI model. For verification purpose, international crude oil price series of West Texas Intermediate (WTI) are taken as sample data. Empirical results demonstrate that the proposed CSD-AI learning paradigm significantly outperforms all other benchmark models including single models without CSD process and hybrid models with other denoising techniques, in terms of level and directional accuracies. Furthermore, in the case of different data samples with different time ranges, the proposed model performs the best, indicating that the proposed CSD-AI learning paradigm is an effective and robust approach in crude oil price prediction.

Lean Yu; Yang Zhao; Ling Tang

2014-01-01T23:59:59.000Z

328

A stochastic optimization model for gas retail with temperature scenarios and oil price parameters  

Science Journals Connector (OSTI)

......dealing with gas retail commercialization. We consider temperature...by a mean reverting process. Oil prices and exchange...indices; mean reverting process; stochastic programming...undergoing a liberalization process aiming at promoting...storage and wholesale commercialization, and local monopolistic......

F. Maggioni; M. Bertocchi; R. Giacometti; M. T. Vespucci; M. Innorta; E. Allevi

2010-04-01T23:59:59.000Z

329

Oil exploration and production in Scotland  

Science Journals Connector (OSTI)

...34 oil production platforms are in operation, and...onto a broad Palaeozoic platform. Further north a complex...FARROW FIG. 4. The semi-submersible exploration rig Bendoran...four steel production platforms, in a water depth of...

D. Hallett; G. P. Durant; G. E. Farrow

330

Pricing Decisions during Inter-generational Product Transition  

E-Print Network (OSTI)

the transition will not arrive before the transition ends. Therefore, the managers have little chance to correctPricing Decisions during Inter-generational Product Transition November 2007, revised November 2008 Hongmin Li W.P. Carey School of Business, Arizona State University Department of Supply Chain Management P

Graves, Stephen C.

331

Beyond Market Prices: Improving Productivity and Profitability of Small Farmers  

E-Print Network (OSTI)

Beyond Market Prices: Improving Productivity and Profitability of Small Farmers Tapan S. Parikh of the poorest countries (WDR 2008) · Doing so more efficiently can reduce natural resource consumption - Quality Control, Certification and Marketing for Cooperatives · Avaaj Otalo - Farmer to Farmer Knowledge

Parikh, Tapan S.

332

The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global Energy-Environment-Economy CGE Model  

E-Print Network (OSTI)

1 The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global., 2009, `The resilience of the Indian economy to rising oil prices as a validation test for a global so, it compares the modeled and observed responses of the Indian economy to the rise of oil price

Paris-Sud XI, Université de

333

HEAVY AND THERMAL OIL RECOVERY PRODUCTION MECHANISMS  

SciTech Connect

This technical progress report describes work performed from April 1 through June 30, 2002, for the project ''Heavy and Thermal Oil Recovery Production Mechanisms.'' We investigate a broad spectrum of topics related to thermal and heavy-oil recovery. Significant results were obtained in the areas of multiphase flow and rock properties, hot-fluid injection, improved primary heavy oil recovery, and reservoir definition. The research tools and techniques used are varied and span from pore-level imaging of multiphase fluid flow to definition of reservoir-scale features through streamline-based history-matching techniques. Briefly, experiments were conducted to image at the pore level matrix-to-fracture production of oil from a fractured porous medium. This project is ongoing. A simulation studied was completed in the area of recovery processes during steam injection into fractured porous media. We continued to study experimentally heavy-oil production mechanisms from relatively low permeability rocks under conditions of high pressure and high temperature. High temperature significantly increased oil recovery rate and decreased residual oil saturation. Also in the area of imaging production processes in laboratory-scale cores, we use CT to study the process of gas-phase formation during solution gas drive in viscous oils. Results from recent experiments are reported here. Finally, a project was completed that uses the producing water-oil ratio to define reservoir heterogeneity and integrate production history into a reservoir model using streamline properties.

Anthony R. Kovscek

2002-07-01T23:59:59.000Z

334

Microsoft Word - Gas Prices and Oil Consumption Would Increase Without Biofuels  

NLE Websites -- All DOE Office Websites (Extended Search)

For Immediate Release For Immediate Release June 11, 2008 202-586-4940 Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. The letter is available at http://www.energy.gov Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. * The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol 1 , a first-generation biofuel. * For a typical household, that means saving about $150 to $300 per year. * For the U.S. overall, this saves gas expenditures of $28 billion to $49 billion based on annual

335

Oil and metal price movements and BRIC macro-economy: an empirical analysis  

Science Journals Connector (OSTI)

Brazil, Russia, India, and China are the four fastest growing economies to emerge at the dawn of the new century. Concisely referred to as BRIC, the growth of these states has transferred sources of wealth and capital. To fuel such rising economies requires resources. In particular, food, construction materials, and energy are necessary to sustain BRIC growth. This paper will ultimately examine the relationship between macroeconomic factors of the BRIC countries and commodity price movements from the early 1990s to the end of 2007. Some strong relationships were found, including metal price fluctuations on Brazil's Stock Index and oil price fluctuations on Russia GDP. Interestingly, we could not find any significant relationships between China's macroeconomic factors and commodity price movements.

Paul Kim; Tomohiro Ando

2012-01-01T23:59:59.000Z

336

Design and techno-economic evaluation of microbial oil production as a renewable resource for biodiesel and oleochemical production  

Science Journals Connector (OSTI)

Abstract Experimental results from the open literature have been employed for the design and techno-economic evaluation of four process flowsheets for the production of microbial oil or biodiesel. The fermentation of glucose-based media using the yeast strain Rhodosporidium toruloides has been considered. Biodiesel production was based on the exploitation of either direct transesterification (without extraction of lipids from microbial biomass) or indirect transesterifaction of extracted microbial oil. When glucose-based renewable resources are used as carbon source for an annual production capacity of 10,000 t microbial oil and zero cost of glucose (assuming development of integrated biorefineries in existing industries utilising waste or by-product streams) the estimated unitary cost of purified microbial oil is $3.4/kg. Biodiesel production via indirect transesterification of extracted microbial oil proved more cost-competitive process compared to the direct conversion of dried yeast cells. For a price of glucose of $400/t  oil production cost and biodiesel production cost are estimated to be $5.5/kg oil and $5.9/kg biodiesel, correspondingly. Industrial implementation of microbial oil production from oleaginous yeast is strongly dependent on the feedstock used and on the fermentation stage where significantly higher productivities and final microbial oil concentrations should be achieved.

Apostolis A. Koutinas; Afroditi Chatzifragkou; Nikolaos Kopsahelis; Seraphim Papanikolaou; Ioannis K. Kookos

2014-01-01T23:59:59.000Z

337

Chapter 8 - An Econometric Analysis of the Impact of Oil Prices on Stock Markets in Gulf Cooperation Countries  

Science Journals Connector (OSTI)

Abstract This paper implements recent bootstrap panel cointegration techniques and Seemingly Unrelated Regression (SUR) methods to investigate the existence of a long-run relationship between oil prices and Gulf Cooperation Council (GCC) Countries stock markets. Since GCC countries are major world energy market players, their stock markets are likely to be susceptible to oil price shocks. Using two different (weekly and monthly) datasets covering, respectively, the periods from June 7, 2005 to October 21, 2008, and from January 1996 to December 2007, our investigation shows that there is evidence for cointegration of oil prices and stock markets in GCC countries, while the SUR results indicate that oil price increases have a positive impact on stock prices, except in Saudi Arabia.

Mohamed El Hedi Arouri; Christophe Rault

2014-01-01T23:59:59.000Z

338

Average Residential Price  

U.S. Energy Information Administration (EIA) Indexed Site

Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production Natural Gas Processed NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals LNG Storage Additions LNG Storage Withdrawals LNG Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Lease Fuel Plant Fuel Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

339

Average Residential Price  

Gasoline and Diesel Fuel Update (EIA)

Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production Natural Gas Processed NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals LNG Storage Additions LNG Storage Withdrawals LNG Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Lease Fuel Plant Fuel Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

340

Average Commercial Price  

Gasoline and Diesel Fuel Update (EIA)

Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production Natural Gas Processed NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Underground Storage Injections Underground Storage Withdrawals Underground Storage Net Withdrawals LNG Storage Additions LNG Storage Withdrawals LNG Storage Net Withdrawals Total Consumption Lease and Plant Fuel Consumption Lease Fuel Plant Fuel Pipeline & Distribution Use Delivered to Consumers Residential Commercial Industrial Vehicle Fuel Electric Power Period: Monthly Annual

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


341

An economic assessment of the impact of two crude oil price scenarios on households  

SciTech Connect

The impact of two possible future crude oil price scenarios -- high and low price cases -- is assessed for three population groups: majority (non-Hispanic and nonblack), black, and Hispanic. The two price scenarios were taken from the energy security'' report published by the US Department of Energy in 1987. Effects of the two crude oil price scenarios for the 1986--95 period are measured for energy demand and composition and for share of income spent on energy by the three population groups at both the national and census-region levels. The effects on blacks are marginally more adverse than on majority householders, while effects on Hispanics are about the same as those on the majority. Little change is seen in percentage of income spent on energy over the forecast period. Both Hispanic and black households would spend a larger share of their incomes on energy than would majority households. The relatively adverse effects in the higher price scenario shift from the South and West Census regions to the Northeast and Midwest. 24 refs., 7 figs., 22 tabs.

Poyer, D.A.; Teotia, A.P.S.; Hemphill, R.C.; Hill, L.G.; Marinelli, J.L.; Rose, K.J.; Santini, D.J.

1990-02-01T23:59:59.000Z

342

US Crude Oil Production Surpasses Net Imports | Department of...  

Office of Environmental Management (EM)

US Crude Oil Production Surpasses Net Imports US Crude Oil Production Surpasses Net Imports Source: Energy Information Administration Short Term Energy Outlook. Chart by Daniel...

343

Common Products Made from Oil and Natural Gas | Department of...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Common Products Made from Oil and Natural Gas Common Products Made from Oil and Natural Gas Educational poster developed by the Office of Fossil Energy that graphically displays...

344

Potential Oil Production from the Coastal Plain of the Arctic...  

U.S. Energy Information Administration (EIA) Indexed Site

Potential Oil Production from the Coastal Plain of the Arctic National Wildlife Refuge: Updated Assessment Executive Summary This Service Report, Potential Oil Production from the...

345

US Crude Oil Production Surpasses Net Imports | Department of...  

Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

US Crude Oil Production Surpasses Net Imports US Crude Oil Production Surpasses Net Imports Source: Energy Information Administration Short Term Energy Outlook. Chart by...

346

Linear and non-linear Granger causality between oil spot and futures prices: A wavelet based test  

Science Journals Connector (OSTI)

Abstract This study is the first attempt to investigate both the linear and non-linear Granger causality between wavelet transformed spot and futures oil prices. Our findings consistently indicate bidirectional causality between the spot and futures oil markets at different time scales, under linear and non-linear causality assumptions, and also during the recent financial crisis. Our results tend to shed further light on the ongoing controversy over the relative price discovery role played by spot market as opposed to futures market in oil price fluctuations, especially during periods of high uncertainty.

Mohammed Alzahrani; Mansur Masih; Omar Al-Titi

2014-01-01T23:59:59.000Z

347

Energy and Financial Markets Overview: Crude Oil Price Formation  

U.S. Energy Information Administration (EIA) Indexed Site

John Maples John Maples 2011 EIA Energy Conference April 26, 2011 Transportation and the Environment Light-duty vehicle combined Corporate Average Fuel Economy Standards (CAFE) in three cases, 2005-2035 2 0 20 40 60 80 2005 2010 2015 2020 2025 2030 2035 miles per gallon Source: EIA, Annual Energy Outlook 2011 CAFE6 CAFE3 Reference John Maples, April 26, 2011 Light-duty vehicle delivered energy consumption and total transportation carbon dioxide emissions, 2005-2035 3 0 5 10 15 20 2005 2010 2015 2020 2025 2030 2035 Reference CAFE3 CAFE6 quadrillion Btu 0 500 1000 1500 2000 2500 2005 2010 2015 2020 2025 2030 2035 million metric tons carbon dioxide equivalent Source: EIA, Annual Energy Outlook 2011 John Maples, April 26, 2011 Distribution of new light-duty vehicle sales by price, 2010 and 2025 (2009$) 4 Source: EIA, Annual Energy Outlook 2011

348

Product Guide Product Guide Volumes Category Prices Table Crude Oil  

Gasoline and Diesel Fuel Update (EIA)

6 6 Kerosene refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,36 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 1 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,37 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 2 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . all sellers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,18,39 -- refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,37

349

Product Guide Product Guide Volumes Category Prices Table Crude Oil  

Gasoline and Diesel Fuel Update (EIA)

436 Energy Information Administration / Petroleum Marketing Annual 1997 Kerosene refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,36 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 1 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,37 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 2 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . all sellers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,18,39 -- refiners

350

Product Guide Product Guide Volumes Category Prices Table Crude Oil  

Gasoline and Diesel Fuel Update (EIA)

5 5 Kerosene refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,36 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 1 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,37 3,5,45 prime suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 50 No. 2 Distillate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . all sellers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,18,39 -- refiners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,4,37

351

Today in Energy - Daily Prices - Prices - U.S. Energy Information  

Gasoline and Diesel Fuel Update (EIA)

December 20, 2013Daily Prices December 20, 2013Daily Prices Daily wholesale and retail prices for various energy products are shown below, including spot prices and select futures prices at national or regional levels. Prices are updated each weekday (excluding federal holidays), typically between 7:30 and 8:30 a.m. This page is meant to provide a snapshot of selected daily prices only. Prices are republished by EIA with permission as follows: Wholesale Spot Petroleum Prices from Thomson Reuters, Retail Petroleum Prices from AAA Fuel Gauge Report, Prompt-Month Energy Futures from CME Group, and Select Spot Prices from SNL Energy. Daily Prices Wholesale Spot Petroleum Prices, 12/19/13 Close Product Area Price Percent Change* Crude Oil ($/barrel) WTI 98.40 +0.8 Brent 110.78 +1.1 Louisiana Light 108.27 +4.9

352

Oil exploration and production in Scotland  

Science Journals Connector (OSTI)

...high return on investment, the additional...oil production platforms are in operation...FIG. 4. The semi-submersible exploration rig...API 38.5 4 platforms 154 wells 10000...return on their investment is very limited...

D. Hallett; G. P. Durant; G. E. Farrow

353

Predicting the Peak in World Oil Production  

Science Journals Connector (OSTI)

The US Department of Energy's Energy Information Administration (EIA) recently predicted that world oil production could continue to increase for more than three decades, based on the recent US Geological Surv...

Alfred J. Cavallo

2002-09-01T23:59:59.000Z

354

Oil Overcharge Refund Cases 1997 | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

7 Oil Overcharge Refund Cases 1997 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products,...

355

Peaking of World Oil Production  

Science Journals Connector (OSTI)

Nonrenewable and renewable energy sources make up the two major energy categories of interest to our industrial civilization. Nonrenewable energy includes different fossil fuels (coal, oil, natural gas) th...

J. Edward Gates

2014-01-01T23:59:59.000Z

356

A Non Parametric Model for the Forecasting of the Venezuelan Oil Prices  

E-Print Network (OSTI)

A neural net model for forecasting the prices of Venezuelan crude oil is proposed. The inputs of the neural net are selected by reference to a dynamic system model of oil prices by Mashayekhi (1995, 2001) and its performance is evaluated using two criteria: the Excess Profitability test by Anatoliev and Gerko (2005) and the characteristics of the equity curve generated by a trading strategy based on the neural net predictions. ----- Se introduce aqui un modelo no parametrico para pronosticar los precios del petroleo Venezolano cuyos insumos son seleccionados en base a un sistema dinamico que explica los precios en terminos de dichos insumos. Se describe el proceso de recoleccion y pre-procesamiento de datos y la corrida de la red y se evaluan sus pronosticos a traves de un test estadistico de predictibilidad y de las caracteristicas del Equity Curve inducido por la estrategia de compraventa bursatil generada por dichos pronosticos.

Costanzo, Sabatino; Dehne, Wafaa; Prato, Hender

2007-01-01T23:59:59.000Z

357

THE WEEK'S PRICE CHANGES  

Science Journals Connector (OSTI)

THE WEEK'S PRICE CHANGES ... Socony Vacuum Oil Co. effected a second reduction in its prices for No. 2 fuel oil and ... ...

1950-02-27T23:59:59.000Z

358

Research on patterns in the fluctuation of the co-movement between crude oil futures and spot prices: A complex network approach  

Science Journals Connector (OSTI)

Abstract The price of crude oil is fluctuating. Researchers focus on the fluctuation of crude oil prices or relationship between crude oil futures and spot prices. However, the relationship also presents fluctuation which draws our attention. This paper designed a complex network approach for examining the dynamics of the co-movement between crude oil futures and spot prices. We defined the co-movement modes by a coarse-graining procedure and analyzed the transformation characteristics between the modes by weighted complex network models and evolutionary models. We analyzed the parameters of these models by using the West Texas Intermediate crude oil future prices and the Daqing (China) crude oil spot prices from November 25, 2002 to March 22, 2011 as sample data. The results indicate that the co-movement modes of the crude oil futures and spot prices are clustered around a few critical modes during the evolution. The co-movement of the crude oil prices has the characteristic of grouping, and the conversion of the co-movement modes requires an average of 5–7 days. There are some important transitional phases in the evolution of prices, and the results validate the current trend of rising oil prices. This research may provide information for the oil price decision-making process, and more importantly, provides a new approach for examining the co-movement between variables.

Haizhong An; Xiangyun Gao; Wei Fang; Yinghui Ding; Weiqiong Zhong

2014-01-01T23:59:59.000Z

359

Model methodology and data description of the Production of Onshore Lower 48 Oil and Gas model  

SciTech Connect

This report documents the methodology and data used in the Production of Onshore Lower 48 Oil and Gas (PROLOG) model. The model forecasts annual oil and natural gas production on a regional basis. Natural gas is modeled by gas category, generally conforming to categories defined by the Natural Gas Policy Act (NGPA) of 1978, as well as a category representing gas priced by way of a spot market (referred to as ''spot'' gas). A linear program is used to select developmental drilling activities for conventional oil and gas and exploratory drilling activities for deep gas on the basis of their economic merit, subject to constraints on available rotary rigs and constraints based on historical drilling patterns. Using exogenously specified price paths for oil and gas, net present values are computed for fixed amounts of drilling activity for oil and gas development and deep gas exploration in each of six onshore regions. Through maximizing total net present value, the linear program provides forecasts of drilling activities, reserve additions, and production. Oil and shallow gas exploratory drilling activities are forecast on the basis of econometrically derived equations, which are dependent on specified price paths for the two fuels. 10 refs., 3 figs., 10 tabs.

Not Available

1988-09-01T23:59:59.000Z

360

Sunco Oil manufactures three types of gasoline (gas 1, gas 2 and gas 3). Each type is produced by blending three types of crude oil (crude 1, crude 2 and crude 3). The sales price per barrel of gasoline and the purchase price per  

E-Print Network (OSTI)

Sunco Oil manufactures three types of gasoline (gas 1, gas 2 and gas 3). Each type is produced by blending three types of crude oil (crude 1, crude 2 and crude 3). The sales price per barrel of gasoline and the purchase price per barrel of crude oil are given in following table: Gasoline Sale Price per barrel Gas 1

Phillips, David

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


361

Worldwide Oil Production Michaelis-Menten Kinetics Correlation and Regression  

E-Print Network (OSTI)

Worldwide Oil Production Michaelis-Menten Kinetics Topic 4 Correlation and Regression Transformed Variables 1 / 13 #12;Worldwide Oil Production Michaelis-Menten Kinetics Outline Worldwide Oil Production Michaelis-Menten Kinetics Lineweaver-Burke double reciprocal plot 2 / 13 #12;Worldwide Oil Production

Watkins, Joseph C.

362

Business Evaluation of a Green Microalgae Botryococcus Braunii Oil Production System  

Science Journals Connector (OSTI)

Business feasibility of oil production using the green alga Botryococcus braunii has been studied for a conceptually designed, 19-hectare (ha) semi-open pond type oil producing plant. B. braunii is known to produce triterpenic hydrocarbons, such as C34H58, with high purity. The construction cost was estimated to be 200M¥ (2.35M$) and the operation cost was 200M¥ (2.35M$), or 10.5 M¥/ha year (=124,000$/ha year). The plant achieved a net energy gain in operation with an energy consumption ratio (ECR) of 2.80. Based on the total sales of the hydrocarbon oil produced and the operation cost balance considerations, the breakeven point oil price was 107 ¥/L. By utilizing corporate financial analyses methods, the capital value of the oil producing company was estimated. The analysis methods described in the present study can also be applied to other oil production companies that use microalgae. We found that the initially invested capital increases approximately three times through successive business years when the oil price is 130 ¥/L. In conclusion, several considerations introduced in the present study suggest that the algal oil production business will become strongly competitive in the fuel market by mid-twenty-first century.

Makoto Shiho; Masayuki Kawachi; Kazuhiko Horioka; Yosuke Nishita; Kazuhiko Ohashi; Kunimitsu Kaya; Makoto M. Watanabe

2012-01-01T23:59:59.000Z

363

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

EIA assumes in its base case that OPEC 10 production averages about EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. Over the course of the past year, worldwide oil production has increased by about 3.7 million barrels per day to a level of 77.8 million barrels per day in the last months of 2000. After being nearly completely curtailed in December 2000, EIA's base case assumes that Iraqi oil exports only partially return in January. By February, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels reached last year.

364

Production of hydrogen from oil shale  

SciTech Connect

A process for production of hydrogen from oil shale fines by direct introduction of the oil shale fines into a fluidized bed at temperatures about 1200/sup 0/ to about 2000/sup 0/ F. to obtain rapid heating of the oil shale. The bed is fluidized by upward passage of steam and oxygen, the steam introduced in the weight ratio of about 0.1 to about 10 on the basis of the organic carbon content of the oil shale and the oxygen introduced in less than the stoichiometric quantity for complete combustion of the organic carbonaceous kerogen content of the oil shale. Embodiments are disclosed for heat recovery from the spent shale and heat recovery from the spent shale and product gas wherein the complete process and heat recovery is carried out in a single reaction vessel. The process of this invention provides high conversion of organic carbon component of oil shale and high production of hydrogen from shale fines which when used in combination with a conventional oil shale hydroconversion process results in increased overall process efficiency of greater than 15 percent.

Schora, F. C.; Feldkirchner, H. L.; Janka, J. C.

1985-12-24T23:59:59.000Z

365

Speculative trading and oil price dynamic: A study of the WTI market  

Science Journals Connector (OSTI)

The aim of this paper is to study the oil price dynamic in West Texas Intermediate (WTI) market in the US. By using statistical and econometric tools, we first attempt to identify the long term relationship between WTI spot prices and the prices of futures contracts on the New York Mercantile Exchange (NYMEX). Subsequently we model the short term dynamic between these two prices and this analysis points up several breaks. On this basis, a short term Markov Switching Vectorial Error Correction model (MS-VECM) with two distinct states (standard state and crisis state) has been estimated. Finally we introduce the volumes of transactions observed on the NYMEX for the WTI contracts and we estimate the influence of the non-commercial players. We conclude that the hypothesis of an influence of non-commercial players on the probability for being in the crisis state cannot be rejected. In addition, we show that the rise in liquidity of the first financial contracts, as measured by the volume of open interest, is a key element to understand the dynamics in market prices.

Emmanuel Hache; Frédéric Lantz

2013-01-01T23:59:59.000Z

366

Estimating VaR and ES of the spot price of oil using futures-varying centiles  

Science Journals Connector (OSTI)

This paper illustrates the power of modern statistical modelling in estimating measures of market risk, here applied to the Brent and WTI spot price of oil. Both Value-at-Risk (VaR) and Expected Shortfall (ES) are cast in terms of conditional centiles based upon semi-parametric regression models. Using the GAMLSS statistical framework, we stress the important aspects of selecting a highly flexible parametric distribution (skewed Student's t-distribution) and of modelling both skewness and kurtosis as non-parametric functions of the price of oil futures. Furthermore, an empirical application characterises the relationship between spot oil prices and oil futures - exploiting the futures market to explain the dynamics of the physical market. Our results suggest that NYMEX WTI has heavier tails compared with the ICE Brent. Contrary to the common platitude of the industry, we argue that 'somebody knows something' in the oil business.

Giacomo Scandroglio; Andrea Gori; Emiliano Vaccaro; Vlasios Voudouris

2013-01-01T23:59:59.000Z

367

The Effect of CO2 Pricing on Conventional and Non- Conventional Oil Supply and Demand  

E-Print Network (OSTI)

if conventional oil production was no longer able to satisfy demand? Fuels from non-conventional oil resources would then become the backstop fuel. These resources involve higher CO2 emissions per unit of energy produced than conventional oil as they require... ?EMUC ? GDPgrowth ?POPgrowth? ? (13) r is the consumption discount rate (% per year) EMUC is the elasticity of marginal utility of consumption (no unit) ptp is the pure time preference rate (% per year) GDPgrowth is the growth of GDP (% per year...

Méjean, Aurélie; Hope, Chris

368

Total Crude Oil and Petroleum Products Exports  

U.S. Energy Information Administration (EIA) Indexed Site

Exports Exports Product: Total Crude Oil and Petroleum Products Crude Oil Natural Gas Plant Liquids and Liquefied Refinery Gases Pentanes Plus Liquefied Petroleum Gases Ethane/Ethylene Propane/Propylene Normal Butane/Butylene Isobutane/Isobutylene Other Liquids Hydrogen/Oxygenates/Renewables/Other Hydrocarbons Oxygenates (excl. Fuel Ethanol) Methyl Tertiary Butyl Ether (MTBE) Other Oxygenates Renewable Fuels (incl. Fuel Ethanol) Fuel Ethanol Biomass-Based Diesel Motor Gasoline Blend. Comp. (MGBC) MGBC - Reformulated MGBC - Conventional Aviation Gasoline Blend. Comp. Finished Petroleum Products Finished Motor Gasoline Reformulated Gasoline Conventional Gasoline Finished Aviation Gasoline Kerosene-Type Jet Fuel Kerosene Distillate Fuel Oil Distillate F.O., 15 ppm and under Distillate F.O., Greater than 15 to 500 ppm Distillate F.O., Greater than 500 ppm Residual Fuel Oil Naphtha for Petro. Feed. Use Other Oils Petro. Feed. Use Special Naphthas Lubricants Waxes Petroleum Coke Asphalt and Road Oil Miscellaneous Products Period-Unit: Monthly-Thousand Barrels Monthly-Thousand Barrels per Day Annual-Thousand Barrels Annual-Thousand Barrels per Day

369

Residual Fuel Oil Prices, Average - Sales to End Users  

U.S. Energy Information Administration (EIA) Indexed Site

Product/Sales Type: Residual Fuel, Average - Sales to End Users Residual Fuel, Average - Sales for Resale Sulfur Less Than or Equal to 1% - Sales to End Users Sulfur Less Than or Equal to 1% - Sales for Resale Sulfur Greater Than 1% - Sales to End Users Sulfur Greater Than 1% - Sales for Resale Period: Monthly Annual Product/Sales Type: Residual Fuel, Average - Sales to End Users Residual Fuel, Average - Sales for Resale Sulfur Less Than or Equal to 1% - Sales to End Users Sulfur Less Than or Equal to 1% - Sales for Resale Sulfur Greater Than 1% - Sales to End Users Sulfur Greater Than 1% - Sales for Resale Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Product/Sales Type Area Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 View History U.S. - - - - - - 1983-2013 East Coast (PADD 1) - - - - - - 1983-2013 New England (PADD 1A) - - - - - - 1983-2013 Connecticut - - - - - - 1983-2013 Maine - - - - - - 1983-2013 Massachusetts - - - - - - 1983-2013

370

Kuwait pressing toward preinvasion oil production capacity  

SciTech Connect

Oil field reconstruction is shifting focus in Kuwait as the country races toward prewar production capacity of 2 million b/d. Oil flow last month reached 1.7 million b/d, thanks largely to a massive workover program that has accomplished about as much as it can. By midyear, most of the 19 rigs in Kuwait will be drilling rather than working over wells vandalized by retreating Iraqi troops in February 1991. Seventeen gathering centers are at work, with capacities totaling 2.4 million b/d, according to state-owned Kuwait Oil Co. (KOC). This article describes current work, the production infrastructure, facilities strategy, oil recovery, well repairs, a horizontal pilot project, the drilling program, the constant reminders of war, and heightened tensions.

Tippee, B.

1993-03-15T23:59:59.000Z

371

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. From the fourth quarter of 1999 to the 4th quarter of 2000, worldwide oil production increased by about 3.7 million barrels per day to a level of 77.8 million barrels per day. After being sharply curtailed in December 2000, EIA's base case assumes that Iraqi oil exports only partially return in January. By February, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels reached last year.

372

OPEC Crude Oil Production 1998-2001  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. From the fourth quarter of 1999 to the 4th quarter of 2000, worldwide oil production increased by about 3.8 million barrels per day to a level of 77.9 million barrels per day. After being sharply curtailed in December and January, EIA's base case assumes that Iraqi oil exports return closer to more normal levels in February. By the second half of 2001, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels

373

A model of peak production in oil fields  

Science Journals Connector (OSTI)

We developed a model for oil production on the basis of simple physical considerations. The model provides a basic understanding of Hubbert’s empirical observation that the production rate for an oil-producing region reaches its maximum when approximately half the recoverable oil has been produced. According to the model the oil production rate at a large field must peak before drilling peaks. We use the model to investigate the effects of several drilling strategies on oil production. Despite the model’s simplicity predictions for the timing and magnitude of peak production match data on oil production from major oil fields throughout the world.

Daniel M. Abrams; Richard J. Wiener

2010-01-01T23:59:59.000Z

374

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

3 of 17 3 of 17 Notes: After declining in 1999 due to a series of announced production cuts, OPEC 10 (OPEC countries excluding Iraq) production has been increasing during 2000. EIA's projected OPEC production levels for fourth quarter 2000 have been lowered by 300,000 barrels per day from the previous Outlook. Most of this decrease is in OPEC 10 production, which is estimated to be 26.5 million barrels per day. EIA still believes that only Saudi Arabia, and to a lesser degree, the United Arab Emirates, will have significant short-term capacity to expand production. EIA's forecast assumes that OPEC 10 crude oil production will decline by 400,000 barrels per day to 26.1 million barrels per day by mid-2001. Iraqi crude oil production is estimated to have increased from 2.3 million

375

Microbial petroleum degradation enhancement by oil spill bioremediation products.  

E-Print Network (OSTI)

??Biodegradation of an artificially weathered crude oil (Alaska North Slope) was compared using 13 different oil spill bioremediation agents. All products were evaluated under identical… (more)

Lee, Salvador Aldrett

2012-01-01T23:59:59.000Z

376

Aggregate Production Planning for Process Industries under Competition  

E-Print Network (OSTI)

for the rise in the price of crude oil. But, an article inby crude oil producers and refiners to control prices andprices, production quantities and profits for refiners and the crude oil

Karmarkar, U. S.; Rajaram, K.

2008-01-01T23:59:59.000Z

377

HEAVY AND THERMAL OIL RECOVERY PRODUCTION MECHANISMS  

SciTech Connect

This technical progress report describes work performed from January 1 through March 31, 2003 for the project ''Heavy and Thermal Oil Recovery Production Mechanisms,'' DE-FC26-00BC15311. In this project, a broad spectrum of research is undertaken related to thermal and heavy-oil recovery. The research tools and techniques span from pore-level imaging of multiphase fluid flow to definition of reservoir-scale features through streamline-based history matching techniques. During this period, previous analysis of experimental data regarding multidimensional imbibition to obtain shape factors appropriate for dual-porosity simulation was verified by comparison among analytic, dual-porosity simulation, and fine-grid simulation. We continued to study the mechanisms by which oil is produced from fractured porous media at high pressure and high temperature. Temperature has a beneficial effect on recovery and reduces residual oil saturation. A new experiment was conducted on diatomite core. Significantly, we show that elevated temperature induces fines release in sandstone cores and this behavior may be linked to wettability. Our work in the area of primary production of heavy oil continues with field cores and crude oil. On the topic of reservoir definition, work continued on developing techniques that integrate production history into reservoir models using streamline-based properties.

Anthony R. Kovscek

2003-04-01T23:59:59.000Z

378

Scientific Visualization Applications in Oil & Gas Exploration and Production  

E-Print Network (OSTI)

Scientific Visualization Applications in Oil & Gas Exploration and Production SIBGRAPI 2009 #12 Property cross plots #12;Oil and gas production analysis and optimization SIBGRAPI 2009 Structural maps with property distributions Well schematics Production network Gas injection optimization Reservoir slices #12

Lewiner, Thomas (Thomas Lewiner)

379

Spare Capacity (2003) and Peak Production in World Oil  

Science Journals Connector (OSTI)

Reliable estimates of minimum spare capacity for world oil production can be obtained by comparing production ... before and following the collapse of the Iraqi oil industry in March 2003. Spare production was .....

Alfred J. Cavallo

2004-03-01T23:59:59.000Z

380

Product Supplied for Total Crude Oil and Petroleum Products  

U.S. Energy Information Administration (EIA) Indexed Site

Product: Total Crude Oil and Petroleum Products Crude Oil Natural Gas Liquids and LRGs Pentanes Plus Liquefied Petroleum Gases Ethane/Ethylene Propane/Propylene Normal Butane/Butylene Isobutane/Isobutylene Other Liquids Hydrogen/Oxygenates/Renewables/Other Hydrocarbons Unfinished Oils Motor Gasoline Blend. Comp. (MGBC) MGBC - Reformulated MGBC - Conventional Aviation Gasoline Blend. Comp. Finished Petroleum Products Finished Motor Gasoline Reformulated Gasoline Conventional Gasoline Finished Aviation Gasoline Kerosene-Type Jet Fuel Kerosene Distillate Fuel Oil Distillate F.O., 15 ppm and under Sulfur Distillate F.O., Greater than 15 to 500 ppm Sulfur Distillate F.O., Greater than 500 ppm Sulfur Residual Fuel Oil Petrochemical Feedstocks Naphtha for Petro. Feed. Use Other Oils for Petro. Feed Use Special Naphthas Lubricants Waxes Petroleum Coke Petroleum Coke - Marketable Petroleum Coke - Catalyst Asphalt and Road Oil Still Gas Miscellaneous Products Period-Unit: Monthly-Thousand Barrels Monthly-Thousand Barrels per Day Annual-Thousand Barrels Annual-Thousand Barrels per Day

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


381

A wavelet-based nonlinear ARDL model for assessing the exchange rate pass-through to crude oil prices  

Science Journals Connector (OSTI)

Abstract We investigate whether changes in the US dollar exchange rates of eighteen currencies help explain the movements in the price of crude oil by using a wavelet-based nonlinear autoregressive distributed lags model (W-NARDL). This model allows one to capture the short- and long-run nonlinearities while taking into account the potential of extreme movements and excluding the noise components of the underlying data. We find evidence of significant and asymmetric pass-through of exchange rates to oil prices in both the short and long run. In particular, the long-run negative changes in exchange rates (dollar depreciation) exert a greater impact on oil prices than do the long-run positive changes (dollar appreciation), even though the sign of the effect is commonly negative in most cases. Our results finally suggest that denoising the crude oil and exchange rate data is effective and necessary before their interactions can be analyzed.

Rania Jammazi; Amine Lahiani; Duc Khuong Nguyen

2014-01-01T23:59:59.000Z

382

Biodiesel production using waste frying oil  

SciTech Connect

Research highlights: {yields} Waste sunflower frying oil is successfully converted to biodiesel using lipase as catalyst. {yields} Various process parameters that affects the conversion of transesterification reaction such as temperature, enzyme concentration, methanol: oil ratio and solvent are optimized. {yields} Inhibitory effect of methanol on lipase is reduced by adding methanol in three stages. {yields} Polar solvents like n-hexane and n-heptane increases the conversion of tranesterification reaction. - Abstract: Waste sunflower frying oil is used in biodiesel production by transesterification using an enzyme as a catalyst in a batch reactor. Various microbial lipases have been used in transesterification reaction to select an optimum lipase. The effects of various parameters such as temperature, methanol:oil ratio, enzyme concentration and solvent on the conversion of methyl ester have been studied. The Pseudomonas fluorescens enzyme yielded the highest conversion. Using the P. fluorescens enzyme, the optimum conditions included a temperature of 45 deg. C, an enzyme concentration of 5% and a methanol:oil molar ratio 3:1. To avoid an inhibitory effect, the addition of methanol was performed in three stages. The conversion obtained after 24 h of reaction increased from 55.8% to 63.84% because of the stage-wise addition of methanol. The addition of a non-polar solvent result in a higher conversion compared to polar solvents. Transesterification of waste sunflower frying oil under the optimum conditions and single-stage methanol addition was compared to the refined sunflower oil.

Charpe, Trupti W. [Chemical Engineering Department, Institute of Chemical Technology, Matunga, Mumbai 400 019 (India); Rathod, Virendra K., E-mail: vk.rathod@ictmumbai.edu.in [Chemical Engineering Department, Institute of Chemical Technology, Matunga, Mumbai 400 019 (India)

2011-01-15T23:59:59.000Z

383

HEAVY AND THERMAL OIL RECOVERY PRODUCTION MECHANISMS  

SciTech Connect

This technical progress report describes work performed from July 1 through September, 2003 for the project ''Heavy and Thermal Oil Recovery Production Mechanisms,'' DE-FC26-00BC15311. In this project, a broad spectrum of research is undertaken related to thermal and heavy-oil recovery. The research tools and techniques span from pore-level imaging of multiphase fluid flow to definition of reservoir-scale features through streamline-based history-matching techniques. During this period, work focused on completing project tasks in the area of multiphase flow and rock properties. The area of interest is the production mechanisms of oil from porous media at high temperature. Temperature has a beneficial effect on oil recovery and reduces residual oil saturation. Work continued to delineate how the wettability of reservoir rock shifts from mixed and intermediate wet conditions to more water-wet conditions as temperature increases. One mechanism for the shift toward water-wet conditions is the release of fines coated with oil-wet material from pore walls. New experiments and theory illustrate the role of temperature on fines release.

Anthony R. Kovscek; Louis M. Castanier

2004-03-01T23:59:59.000Z

384

,"U.S. Residual Fuel Oil Prices by Sales Type"  

U.S. Energy Information Administration (EIA) Indexed Site

Prices by Sales Type" Prices by Sales Type" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Residual Fuel Oil Average",2,"Monthly","9/2013","1/15/1983" ,"Data 2","Sulfur Less Than or Equal to 1%",2,"Monthly","9/2013","1/15/1983" ,"Data 3","Sulfur Greater Than 1%",2,"Monthly","9/2013","1/15/1983" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_resid_dcu_nus_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_resid_dcu_nus_m.htm"

385

HEAVY AND THERMAL OIL RECOVERY PRODUCTION MECHANISMS  

SciTech Connect

This technical progress report describes work performed from October 1 through December 31, 2002 , for the project ''Heavy and Thermal Oil Recovery Production Mechanisms.'' In this project, a broad spectrum of research is undertaken related to thermal and heavy-oil recovery. The research tools and techniques used are varied and span from pore-level imaging of multiphase fluid flow to definition of reservoir-scale features through streamline-based history-matching techniques. During this period, experimental data regarding multidimensional imbibition was analyzed to obtain shape factors appropriate for dual-porosity simulation. It is shown that the usual assumption of constant, time-independent shape factors is incorrect. In other work, we continued to study the mechanisms by which oil is produced from fractured media at high pressure and high temperature. High temperature significantly increased the apparent wettability and affected water relative permeability of cores used in previous experiments. A phenomenological and mechanistic cause for this behavior is sought. Our work in the area of primary production of heavy oil continues with field cores and crude oil. On the topic of reservoir definition, work continued on developing techniques that integrate production history into reservoir models using streamline-based properties.

Anthony R. Kovscek

2003-01-01T23:59:59.000Z

386

Volatility spillover effect of emerging markets and economic growth versus oil price volatility : the case of the Gulf Co-operation Council countries.  

E-Print Network (OSTI)

??The relationship between stock markets returns, economic growth and oil price volatility has been an issue of considerable debate. While there are many studies showing… (more)

Fayyad, Abdallah

2013-01-01T23:59:59.000Z

387

,"Domestic Crude Oil First Purchase Prices by Area"  

U.S. Energy Information Administration (EIA) Indexed Site

Area" Area" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices by Area",35,"Monthly","9/2013","1/15/1974" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_dfp1_k_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm" ,"Source:","Energy Information Administration" ,"For Help, Contact:","infoctr@eia.gov" ,,"(202) 586-8800",,,"12/2/2013 3:15:37 AM"

388

,"Domestic Crude Oil First Purchase Prices by API Gravity"  

U.S. Energy Information Administration (EIA) Indexed Site

API Gravity" API Gravity" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices by API Gravity",6,"Monthly","9/2013","10/15/1993" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_dfp3_k_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_dfp3_k_m.htm" ,"Source:","Energy Information Administration" ,"For Help, Contact:","infoctr@eia.gov" ,,"(202) 586-8800",,,"12/2/2013 3:15:39 AM"

389

Jumps and stochastic volatility in crude oil futures prices using conditional moments of integrated volatility  

Science Journals Connector (OSTI)

Abstract We evaluate alternative models of the volatility of commodity futures prices based on high-frequency intraday data from the crude oil futures markets for the October 2001–December 2012 period. These models are implemented with a simple GMM estimator that matches sample moments of the realized volatility to the corresponding population moments of the integrated volatility. Models incorporating both stochastic volatility and jumps in the returns series are compared on the basis of the overall fit of the data over the full sample period and subsamples. We also find that jumps in the returns series add to the accuracy of volatility forecasts.

Christopher F. Baum; Paola Zerilli

2014-01-01T23:59:59.000Z

390

Modelling and forecasting Oman crude oil prices using Box-Jenkins techniques  

Science Journals Connector (OSTI)

The Box-Jenkins' Auto Regressive Integrated Moving Average (ARIMA) modelling approach has been applied for the time series analysis of monthly average prices of Oman crude oil taken over a period of 10 years. Several seasonal and non-seasonal ARIMA models were identified. These models were then estimated and compared for their adequacy using the significance of the parameter estimates, mean square errors and Modified Box-Pierce (Ljung-Box) Chi-Square statistic. Based on these criterion a multiplicative seasonal model of the form ARIMA (1,1,5)x(1,1,1) was recommended for short term forecasting.

M.I. Ahmad

2012-01-01T23:59:59.000Z

391

I strongly urge that the forecasts recognize the high oil prices and gas prices experienced in 2008 and not treat them as an unusual occurrence in the next 20 years. In the long term with cap and  

E-Print Network (OSTI)

I strongly urge that the forecasts recognize the high oil prices and gas prices experienced in 2008 and the development of carbon capture and storage applied to new coal fired generating stations, gas prices will only go up. Gas from the Rockies will move east as quickly as transport is available. To the extent

392

What Drives U.S. Gasoline Prices?  

Reports and Publications (EIA)

This analysis provides context for considering the impact of rising domestic light crude oil production on the price that U.S. consumers pay for gasoline, and provides a framework to consider how changes to existing U.S. crude oil export restrictions might affect gasoline prices.

2014-01-01T23:59:59.000Z

393

Income growth, ethnic polarization, and political risk: Evidence from international oil price shocks  

Science Journals Connector (OSTI)

Abstract This paper studies the effects of growth in countries’ national incomes on political risk. To address causality, we use the annual growth rate of the international oil price weighted with countries’ average oil net-export GDP shares as an instrument for national income growth. Our instrumental variables analysis yields two main results: (i) income growth has on average a significant negative effect on countries’ political risk; (ii) the marginal effect of income growth on political risk is significantly decreasing in cross-country differences in ethnic polarization, so much so that at high levels of ethnic polarization income growth increases political risk while at low levels of ethnic polarization income growth reduces political risk.

Markus Brückner; Mark Gradstein

2014-01-01T23:59:59.000Z

394

Prudhoe Bay Oil Production Optimization: Using Virtual  

E-Print Network (OSTI)

77659, Mohaghegh, Hutchins, Sisk BACKGROUND Fuel gas supply (at the flow stations and gathering centers total field oil production by optimizing the gas discharge rates and pressures at the separation wells flowing to eight remote, three-phase separation facilities (flow stations and gathering centers

Mohaghegh, Shahab

395

Oil exploration and production in Scotland  

Science Journals Connector (OSTI)

...the end of 1973 it was obvious...million barrels per day during 1973 at a cost to...Israeli War of 1973 and the resultant OPEC oil embargo...EXPLORATION AND PRODUCTION 559 3 E Area...to $11-65 per barrel. The...Government of the day attempted to...

D. Hallett; G. P. Durant; G. E. Farrow

396

prices | OpenEI  

Open Energy Info (EERE)

prices prices Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is Table 12, and contains only the reference case. The dataset uses 2009 dollars per gallon. The data is broken down into crude oil prices, residential, commercial, industrial, transportation, electric power and refined petroleum product prices. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Petroleum prices Data application/vnd.ms-excel icon AEO2011: Petroleum Product Prices- Reference Case (xls, 129.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035

397

Response to "Ethanol Production and Gasoline Prices: A Spurious Correlation" by Knittel and Smith  

E-Print Network (OSTI)

Response to "Ethanol Production and Gasoline Prices: A Spurious Correlation" by Knittel and Smith Beardshear Hall, (515) 294-7612." #12;1 Response to "Ethanol Production and Gasoline Prices: A Spurious and Aaron Smith attack the paper "The Impact of Ethanol Production on US and Regional Gasoline Markets

Rothman, Daniel

398

The Impact of Rising Food Prices on Household Welfare in India  

E-Print Network (OSTI)

effects of cereal and oil price changes - Farmers (Rd 59)From wheat price From oil prices Overall gain Average losseffects of cereal and oil price changes – Farmers, by

de Janvry, Alain; Sadoulet, Eliisabeth

2009-01-01T23:59:59.000Z

399

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

Oil Simulator, 1995) to simulate the effects of water injection rates, the cumulative production of the field,

Leighty, Wayne

2008-01-01T23:59:59.000Z

400

Conversion Technologies for Advanced Biofuels – Bio-Oil Production  

Energy.gov (U.S. Department of Energy (DOE))

RTI International report-out at the CTAB webinar on Conversion Technologies for Advanced Biofuels – Bio-Oil Production.

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


401

Economic effects of peak oil  

Science Journals Connector (OSTI)

Assuming that global oil production peaked, this paper uses scenario analysis to show the economic effects of a possible supply shortage and corresponding rise in oil prices in the next decade on different sectors in Germany and other major economies such as the US, Japan, China, the OPEC or Russia. Due to the price-inelasticity of oil demand the supply shortage leads to a sharp increase in oil prices in the second scenario, with high effects on GDP comparable to the magnitude of the global financial crises in 2008/09. Oil exporting countries benefit from high oil prices, whereas oil importing countries are negatively affected. Generally, the effects in the third scenario are significantly smaller than in the second, showing that energy efficiency measures and the switch to renewable energy sources decreases the countries' dependence on oil imports and hence reduces their vulnerability to oil price shocks on the world market.

Christian Lutz; Ulrike Lehr; Kirsten S. Wiebe

2012-01-01T23:59:59.000Z

402

RFID BASED GRAIN AND OIL PRODUCTS TRACEABILITY1  

E-Print Network (OSTI)

RFID BASED GRAIN AND OIL PRODUCTS TRACEABILITY1 AND ITS COMPUTER IMPLEMENTATION Haiyan Hu ,*2 the study of the traceability of grain and oil products. Include the study contents, and a system we developed for traceability of grain and oil products, and the demonstration of the study. The system we

Boyer, Edmond

403

Hierarchical Economic Optimization of Oil Production from Petroleum Reservoirs  

E-Print Network (OSTI)

Hierarchical Economic Optimization of Oil Production from Petroleum Reservoirs Gijs M. van Essen-dirk.jansen@shell.com). Abstract: In oil production waterflooding is a popular recovery technology, which involves the injection, the oil-water front may not move uniformly towards the production wells, but has a rather irregular shape

Van den Hof, Paul

404

Oil and Gas Production Optimization; Lost Potential due to Uncertainty  

E-Print Network (OSTI)

Oil and Gas Production Optimization; Lost Potential due to Uncertainty Steinar M. Elgsaeter Olav.ntnu.no) Abstract: The information content in measurements of offshore oil and gas production is often low, and when in the context of offshore oil and gas fields, can be considered the total output of production wells, a mass

Johansen, Tor Arne

405

International Energy Outlook 1999 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

oil.gif (4669 bytes) oil.gif (4669 bytes) A moderate view of future oil market developments is reflected in IEO99. Sustained high levels of oil prices are not expected, whereas continued expansion of the oil resource base is anticipated. The crude oil market was wracked with turbulence during 1998, as prices fell by one-third on average from 1997 levels. Even without adjusting for inflation, the world oil price in 1998 was the lowest since 1973. The declining oil prices were influenced by an unexpected slowdown in the growth of energy demand worldwide—less than any year since 1990—and by increases in oil supply, particularly in 1997. Although the increase in world oil production in 1998 was smaller than in any year since 1993, efforts to bolster prices by imposing further limits on production were

406

Estimates of future regional heavy oil production at three production rates--background information for assessing effects in the US refining industry  

SciTech Connect

This report is one of a series of publications from a project considering the feasibility of increasing domestic heavy oil (10{degree} to 20{degree} API gravity inclusive) production being conducted for the US Department of Energy. The report includes projections of future heavy oil production at three production levels: 900,000; 500,000; and 300,000 BOPD above the current 1992 heavy oil production level of 750,000 BOPD. These free market scenario projections include time frames and locations. Production projections through a second scenario were developed to examine which heavy oil areas would be developed if significant changes in the US petroleum industry occurred. The production data helps to define the possible constraints (impact) of increased heavy oil production on the US refining industry (the subject of a future report). Constraints include a low oil price and low rate of return. Heavy oil has high production, transportation, and refining cost per barrel as compared to light oil. The resource is known, but the right mix of technology and investment is required to bring about significant expansion of heavy oil production in the US.

Olsen, D.K.

1993-07-01T23:59:59.000Z

407

Louisiana - North Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Louisiana - North Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

408

Nebraska Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Nebraska Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

409

Florida Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Florida Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

410

Alabama Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Alabama Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

411

New Mexico - West Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) New Mexico - West Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

412

Utah Crude Oil + Lease Condensate Estimated Production from Reserves...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Utah Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

413

Texas Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Texas Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

414

Wyoming Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Wyoming Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

415

Indiana Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Indiana Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

416

Arkansas Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Arkansas Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

417

Ohio Crude Oil + Lease Condensate Estimated Production from Reserves...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Ohio Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

418

Kansas Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Kansas Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

419

Alaska Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Alaska Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

420

New Mexico - East Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) New Mexico - East Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


421

Colorado Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Colorado Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

422

Miscellaneous States Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Miscellaneous States Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1...

423

Oklahoma Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Oklahoma Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

424

Texas State Offshore Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Texas State Offshore Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1...

425

Louisiana Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Louisiana Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

426

Michigan Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Michigan Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

427

New Mexico Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) New Mexico Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

428

Montana Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Montana Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

429

Illinois Crude Oil + Lease Condensate Estimated Production from...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Illinois Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2 Year-3...

430

Lower 48 States Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) Lower 48 States Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

431

North Dakota Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) North Dakota Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

432

West Virginia Crude Oil + Lease Condensate Estimated Production...  

U.S. Energy Information Administration (EIA) Indexed Site

Estimated Production from Reserves (Million Barrels) West Virginia Crude Oil + Lease Condensate Estimated Production from Reserves (Million Barrels) Decade Year-0 Year-1 Year-2...

433

Evaluation of Production of Oil & Gas From Oil Shale in the Piceance Basin  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Evaluation of Production of Oil & Gas From Oil Shale in the Evaluation of Production of Oil & Gas From Oil Shale in the Piceance Basin Evaluation of Production of Oil & Gas From Oil Shale in the Piceance Basin The purpose of this paper is to provide the public and policy makers accurate estimates of energy efficiencies, water requirements, water availability, and CO2 emissions associated with the development of the 60 percent portion of the Piceance Basin where economic potential is the greatest, and where environmental conditions and societal concerns and controversy are the most challenging: i.e., the portion of the Piceance where very high quality oil shale resources and useful ground water co-exist. Evaluation of Energy Efficiency, Water Requirements and Availability, and CO2 Emissions Associated With the Production of Oil & Gas From Oil Shale in

434

Petroleum Products Table 31. Motor Gasoline Prices by Grade...  

Gasoline and Diesel Fuel Update (EIA)

by Grade, Sales Type, PAD District, and State 56 Energy Information Administration Petroleum Marketing Annual 1996 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD...

435

,"U.S. Total Refiner Petroleum Product Prices"  

U.S. Energy Information Administration (EIA) Indexed Site

NUSDPG","EMAEPPRLPWGNUSDPG","EMAEPPRHPWGNUSDPG" "Date","U.S. Total Gasoline WholesaleResale Price by Refiners (Dollars per Gallon)","U.S. Aviation Gasoline Wholesale...

436

Process for the production of refrigerator oil  

SciTech Connect

A process for producing a high quality refrigerator oil from an oil fraction boiling at a temperature within boiling point of lubricating oil by contacting said oil fraction with a solvent to extract undesirable components thereby lowering % C..cap alpha.. of said oil fraction, hydrogenating said solvent extracted fraction under the specific conditions, and then contacting said hydrogenated oil with a solid absorbant to remove impurities; said oil fraction being obtained from a low grade naphthenic crude oil.

Kunihiro, T.; Tsuchiya, K.

1985-06-04T23:59:59.000Z

437

Pricing and licensing of software products and services : a study on industry trends  

E-Print Network (OSTI)

The software product business reached the $150 billion mark at the end of 2005. The pricing and licensing of new products, maintenance services, services and service maintenance have become an important strategy to deliver ...

Nayak, Shivashis

2006-01-01T23:59:59.000Z

438

The future of oil: Geology versus technology  

Science Journals Connector (OSTI)

Abstract We discuss and reconcile the geological and economic/technological views concerning the future of world oil production and prices, and present a nonlinear econometric model of the world oil market that encompasses both views. The model performs far better than existing empirical models in forecasting oil prices and oil output out-of-sample. Its point forecast is for a near doubling of the real price of oil over the coming decade, though the error bands are wide, reflecting sharply differing judgments on the ultimately recoverable reserves, and on future price elasticities of oil demand and supply.

Jaromir Benes; Marcelle Chauvet; Ondra Kamenik; Michael Kumhof; Douglas Laxton; Susanna Mursula; Jack Selody

2015-01-01T23:59:59.000Z

439

Analysis of stress sensitivity and its influence on oil production from tight reservoirs  

E-Print Network (OSTI)

indicate that low-permeability tight oil reservoirs arepermeability cores Effect of Stress Sensitivity on Oil Production During oil production from tight

Lei, Qun; Xiong, Wei; Yuan, Cui; Wu, Yu-Shu

2008-01-01T23:59:59.000Z

440

Flexible management of logistics in response to turbulent oil prices: case of a European paint producer  

Science Journals Connector (OSTI)

How can flexible logistics improve performance in a turbulent world when volatile customer demand and rising oil prices require responsive operations? This paper seeks an answer for this question in the field of control management in J.W. Ostendorf, a European paint company. Until recently logistics had been largely farmed out and paid for as required. It had no or little role in business policy. The new business environment, however, requires that all organisational sectors flow in concert with the corporate objectives. A flexible logistics guided by an independent budgeting based on real costs expectations is offered as a solution. Major changes in information systems is assumed to contribute substantially to this effort.

Hosein Piranfar; Andre Segbert

2006-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


441

NEW PRODUCTS:  

Science Journals Connector (OSTI)

......also be used with other heating elements and probes...content of diesel and heating oils. A highly specific titration...requirements for fuel oil products are consistently...de- scriptions, and prices are included for columns......

New Products

1979-12-01T23:59:59.000Z

442

Oil production models with normal rate curves Dudley Stark  

E-Print Network (OSTI)

Oil production models with normal rate curves Dudley Stark School of Mathematical Sciences Queen;Abstract The normal curve has been used to fit the rate of both world and U.S.A. oil production. In this paper we give the first theoretical basis for these curve fittings. It is well known that oil field

Stark, Dudley

443

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

Outlook Price Uncertainty-January 2010 Outlook Price Uncertainty-January 2010 1 January 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 January 12, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged $74.50 per barrel in December 2009, about $3.50 per barrel lower than the prior month's average. The WTI spot price fell from $78 to $70 during the first 2 weeks of December, but colder-than-normal weather and U.S. crude oil and product inventory draws that exceeded the December 5-year averages helped push it back up to $79 per barrel by the end of the month. EIA forecasts that WTI spot prices will weaken over

444

Oil & Natural Gas Projects Exploration and Production Technologies | Open  

Open Energy Info (EERE)

Oil & Natural Gas Projects Exploration and Production Technologies Oil & Natural Gas Projects Exploration and Production Technologies Jump to: navigation, search OpenEI Reference LibraryAdd to library Web Site: Oil & Natural Gas Projects Exploration and Production Technologies Author U.S. Department of Energy Published Publisher Not Provided, Date Not Provided DOI Not Provided Check for DOI availability: http://crossref.org Online Internet link for Oil & Natural Gas Projects Exploration and Production Technologies Citation U.S. Department of Energy. Oil & Natural Gas Projects Exploration and Production Technologies [Internet]. [cited 2013/10/15]. Available from: http://www.netl.doe.gov/technologies/oil-gas/Petroleum/projects/EP/Explor_Tech/P225.htm Retrieved from "http://en.openei.org/w/index.php?title=Oil_%26_Natural_Gas_Projects_Exploration_and_Production_Technologies&oldid=688583

445

CHEMICAL MARKET PRICES  

Science Journals Connector (OSTI)

CHEMICAL MARKET PRICES ... Compiled from weekly current price listings in the Oil, Paint and Drug Reporter , with permission of the publisher under its copyright. ...

1941-11-10T23:59:59.000Z

446

CHEMICAL MARKET PRICES  

Science Journals Connector (OSTI)

CHEMICAL MARKET PRICES ... Compiled from weakly current price listings in the Oil, Paint and Drug Reporter, with permission of the publisher under its copyright. ...

1941-01-10T23:59:59.000Z

447

Chemical Market Prices  

Science Journals Connector (OSTI)

Chemical Market Prices ... Compiled from weekly current price listings in the Oil, Paint and Drug Reporter with permission of the publisher under its copyright. ...

1945-01-10T23:59:59.000Z

448

CHEMICAL MARKET PRICES  

Science Journals Connector (OSTI)

CHEMICAL MARKET PRICES ... Compiled from weekly current price listings in the Oil, Paint and Drug Reporter, with permission of the publisher under its copyright. ...

1941-10-10T23:59:59.000Z

449

CHEMICAL MARKET PRICES  

Science Journals Connector (OSTI)

CHEMICAL MARKET PRICES ... Compiled from weekly current price listings in the Oil, Paint and Drug Reporter , with permission of the publisher under its copyright. ...

1941-02-10T23:59:59.000Z

450

CHEMICAL MARKET PRICES  

Science Journals Connector (OSTI)

CHEMICAL MARKET PRICES ... Compiled from weekly current price listings in the Oil, Paint and Drug Reporter , with permission of the publisher under its copyright. ...

1941-03-10T23:59:59.000Z

451

Dynamics of the Oil Transition: Modeling Capacity, Costs, and Emissions  

E-Print Network (OSTI)

response to high oil prices and geopolitical threats tofor the e?ect of the oil price through the price elasticityprojections, corresponding oil price series are extracted

Brandt, Adam R.; Farrell, Alexander E.

2008-01-01T23:59:59.000Z

452

The Evolution of Giant Oil Field Production Behavior  

Science Journals Connector (OSTI)

The data for this study have been taken from the giant oil field database compiled by Robelius (2007...). AAPG was the main source for information about discovery year, year of first oil production, URR and cumulative

Mikael Höök; Bengt Söderbergh; Kristofer Jakobsson…

2009-03-01T23:59:59.000Z

453

FEDERAL RESERVE BANK OF DALLASWhat Drives Natural Gas Prices?  

E-Print Network (OSTI)

Abstract: For many years, fuel switching between natural gas and residual fuel oil kept natural gas prices closely aligned with those for crude oil. More recently, however, the number of U.S. facilities able to switch between natural gas and residual fuel oil has declined, and over the past five years, U.S. natural gas prices have been on an upward trend with crude oil prices but with considerable independent movement. Natural gas market analysts generally emphasize weather and inventories as drivers of natural gas prices. Using an error-correction model, we show that when these and other additional factors are taken into account, movements in crude oil prices have a prominent role in shaping natural gas prices. Our findings imply a continuum of prices at which natural gas and petroleum products are substitutes.

Stephen P. A. Brown; Mine K. Yücel; Stephen P. A. Brown; Mine K. Yücel

2007-01-01T23:59:59.000Z

454

Coal - prices tumble as the glut continues  

SciTech Connect

The oil price collapse was the major event affecting coal markets around the world in 1986. The 8% expansion in international coal trade in 1985 was halted, and prices fell considerably. World coking coal trade declined and import and export prices fell due to a decrease in steel production and the use of oil, rather than pulverized coal, in blast furnaces. However steam coal trade increased by about 5 million mt because of various institutional constraints to utilities switching from coal burning to oil burning. The article covers coal trade and production in the following countries: Australia; Canada; China; Colombia; Western Europe; Japan; Poland; South Africa; and the USSR.

Lee, H.M.

1987-03-01T23:59:59.000Z

455

AEO2011: Coal Production and Minemouth Prices by Region | OpenEI  

Open Energy Info (EERE)

and Minemouth Prices by Region and Minemouth Prices by Region Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 139, and contains only the reference case. The dataset uses million short tons and the US Dollar. The data is broken down into production and minemouth prices. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO Coal Production EIA Minemouth Prices Data application/vnd.ms-excel icon AEO2011: Coal Production and Minemouth Prices by Region- Reference Case (xls, 41.5 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035 License License Open Data Commons Public Domain Dedication and Licence (PDDL)

456

Total Refinery Net Input of Crude Oil and Petroleum Products  

U.S. Energy Information Administration (EIA) Indexed Site

Input Input Product: Total Crude Oil & Petroleum Products Crude Oil Natural Gas Plant Liquids Pentanes Plus Liquefied Petroleum Gases Normal Butane Isobutane Other Liquids Hydrogen/Oxygenates/Renewables/Other Hydrocarbons Hydrogen Oxygenates (excl. Fuel Ethanol) Methyl Tertiary Butyl Ether (MTBE) All Other Oxygenates Renewable Fuels (incl. Fuel Ethanol) Fuel Ethanol Renewable Diesel Fuel Other Renewable Fuels Other Hydrocarbons Unfinished Oils (net) Unfinished Oils, Naphthas and Lighter Unfinished Oils, Kerosene and Light Gas Oils Unfinished Oils, Heavy Gas Oils Residuum Motor Gasoline Blending Components (MGBC) (net) MGBC - Reformulated MGBC - Reformulated - RBOB MGBC - Reformulated, RBOB for Blending w/ Alcohol MGBC - Reformulated, RBOB for Blending w/ Ether MGBC - Conventional MGBC - CBOB MGBC - Conventional, GTAB MGBC - Other Conventional Aviation Gasoline Blending Components (net) Alaskan Crude Oil Receipts Period-Unit: Monthly-Thousand Barrels Monthly-Thousand Barrels per Day Annual-Thousand Barrels Annual-Thousand Barrels per Day

457

Petroleum Products Table 31. Motor Gasoline Prices by Grade...  

Annual Energy Outlook 2012 (EIA)

99.2 - 105.3 See footnotes at end of table. 56 Energy Information AdministrationPetroleum Marketing Annual 2000 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD...

458

Petroleum Products Table 31. Motor Gasoline Prices by Grade...  

Gasoline and Diesel Fuel Update (EIA)

66.6 - 72.3 See footnotes at end of table. 56 Energy Information Administration Petroleum Marketing Annual 1995 Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD...

459

150 Years of Boom and Bust: What Drives Mineral Commodity Prices?  

E-Print Network (OSTI)

and production levels of copper, lead, tin, zinc, and crude oil from 1840 to 2010. Price fluctuations that price surges caused by rapid industrialization are a recurrent phenomenon throughout history. Mineral that supply shocks account for the broad behavior of the price of crude oil. In contrast, Kilian (2008b, 2009

Nesterov, Yurii

460

A SURVEY OF COMMODITY MARKETS AND STRUCTURAL MODELS FOR ELECTRICITY PRICES  

E-Print Network (OSTI)

focus on the important role of other energy prices and fundamental factors in setting the power price sources, the main production process remains the conversion of fossil fuels like coal, gas and oil. Since

Carmona, Rene

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


461

Petrochemicals from oil, natural gas, coal and biomass: Production costs in 2030–2050  

Science Journals Connector (OSTI)

Methane, coal and biomass are being considered as alternatives to crude oil for the production of basic petrochemicals, such as light olefins. This paper is a study on the production costs of 24 process routes utilizing these primary energy sources. A wide range of projected energy prices in 2030–2050 found in the open literature is used. The basis for comparison is the production cost per t of high value chemicals (HVCs or light olefin-value equivalent). A Monte Carlo method was used to estimate the ranking of production costs of all 24 routes with 10,000 trials of varying energy prices and CO2 emissions costs (assumed to be within $0–100/t CO2; the total CO2 emissions, or cradle-to-grave CO2 emissions, were considered). High energy prices in the first three quarter of 2008 were tested separately. The main findings are:• Production costs: while the production costs of crude oil- and natural gas-based routes are within $500–900/t HVCs, those of coal- and biomass-based routes are mostly within $400–800/t HVCs. Production costs of coal- and biomass-based routes are in general quite similar while in some cases the difference is significant. Among the top seven most expensive routes, six are oil- and gas-based routes. Among the top seven least expensive routes, six are coal and biomass routes. • CO2 emissions costs: the effect of CO2 emissions costs was found to be strong on the coal-based routes and also quite significant on the biomass-based routes. However, the effect on oil- and gas-based routes is found to be small or relatively moderate. • Energy prices in 2008: most of the coal-based routes and biomass-based routes (particularly sugar cane) still have much lower production costs than the oil- and gas-based routes (even if international freight costs are included). To ensure the reduction of CO2 emissions in the long-term, we suggest that policies for the petrochemicals industry focus on stimulating the use of biomass as well as carbon capture and storage features for coal-based routes.

Tao Ren; Bert Daniëls; Martin K. Patel; Kornelis Blok

2009-01-01T23:59:59.000Z

462

Effect of Oil Price Volatility on Tunisian Stock Market at Sector-level and Effectiveness of Hedging Strategy  

Science Journals Connector (OSTI)

Abstract In this work, our objective is to study in a first step links and interaction between oil and stock markets in Tunisia in terms of volatility at the sector-level, and then in a second step to determine the best hedging strategy for oil-stock portfolio against the risk of negative variation in stock market prices. Our methodology consist to model the data by a bivariate GARCH model to capture the effect in terms of volatility in the variation of the oil price on the different sector index, and to use the conditional variances and conditional correlation to calculate the hedging ratio and determinate the best hedging strategy. The empirical results indicate that the majority of relationships are unidirectional from the oil market to Tunisian stock market, and the conditional variance of a stock sector returns is affected not only by the volatility surprises of the stock market, but also by those of oil market. The model GARCH-BEKK is more effective than the others versions to minimize the risk of oil-stock portfolio.

Wajdi Hamma; Anis Jarboui; Ahmed Ghorbel

2014-01-01T23:59:59.000Z

463

The Implications of a Gasoline Price Floor for the California Budget and Greenhouse Gas Emissions  

E-Print Network (OSTI)

Emissions Surcharge Revenues Oil Price Price elas= -0.1 elasEmissions Surcharge Revenues Oil Price Price elas= -0.1 elasQuantity Daily GhG Emissions Oil Price Price elas= -0.1 elas

Borenstein, Severin

2008-01-01T23:59:59.000Z

464

Oil | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Oil Oil Oil Oil Prices, 2000-2008 For the first time since 1995, U.S. oil production has surpassed imports. Explore the trend with our interactive chart. | Graphic by Daniel Wood, Energy Department. For the first time since 1995, U.S. oil production has surpassed imports. Explore the trend with our interactive chart. | Graphic by Daniel Wood, Energy Department. Oil is used for heating and transportation -- most notably, as fuel for gas-powered vehicles. America's dependence on foreign oil has declined in recent years, but oil prices have increased. The Energy Department supports research and policy options to increase our domestic supply of oil while ensuring environmentally sustainable supplies domestically and abroad, and is investing in research, technology and

465

Costs and indices for domestic oil and gas field equipment and production operations 1994 through 1997  

SciTech Connect

This report presents estimated costs and cost indices for domestic oil and natural gas field equipment and production operations for 1994, 1995, 1996, and 1997. The costs of all equipment and services are those in effect during June of each year. The sums (aggregates) of the costs for representative leases by region, depth, and production rate were averaged and indexed. This provides a general measure of the increased or decreased costs from year to year for lease equipment and operations. These general measures do not capture changes in industry-wide costs exactly because of annual variations in the ratio of the total number of oil wells to the total number of gas wells. The detail provided in this report is unavailable elsewhere. The body of this report contains summary tables, and the appendices contain detailed tables. Price changes for oil and gas, changes in taxes on oil and gas revenues, and environmental factors (compliance costs and lease availability) have a significant impact on the number and cost of oil and gas wells drilled. These changes also impact the cost of oil and gas equipment and production operations.

NONE

1998-03-01T23:59:59.000Z

466

Costs and indices for domestic oil and gas field equipment and production operations 1990 through 1993  

SciTech Connect

This report presents estimated costs and indice for domestic oil and gas field equipment and production operations for 1990, 1991, 1992, and 1993. The costs of all equipment and serives were those in effect during June of each year. The sums (aggregates) of the costs for representative leases by region, depth, and production rate were averaged and indexed. This provides a general measure of the increased or decreased costs from year to year for lease equipment and operations. These general measures do not capture changes in industry-wide costs exactly because of annual variations in the ratio of oil wells to gas wells. The body of the report contains summary tables, and the appendices contain detailed tables. Price changes for oil and gas, changes in taxes on oil and gas revenues, and environmental factors (costs and lease availability) have significant impact on the number and cost of oil and gas wells drilled. These changes also impact the cost of oil and gas production equipment and operations.

Not Available

1994-07-08T23:59:59.000Z

467

U.S. crude oil production expected to top 9 million barrels per...  

U.S. Energy Information Administration (EIA) Indexed Site

oil prices should be strong enough to support most drilling in North Dakota's Bakken shale formation and in the tight oil basins of Texas which account for the majority of the...

468

Crude Oil and Petroleum Products Total Stocks Stocks by Type  

U.S. Energy Information Administration (EIA) Indexed Site

Product: Crude Oil and Petroleum Products Crude Oil All Oils (Excluding Crude Oil) Pentanes Plus Liquefied Petroleum Gases Ethane/Ethylene Propane/Propylene Normal Butane/Butylene Isobutane/Butylene Other Hydrocarbons Oxygenates (excluding Fuel Ethanol) MTBE Other Oxygenates Renewables (including Fuel Ethanol) Fuel Ethanol Renewable Diesel Fuel Other Renewable Fuels Unfinished Oils Unfinished Oils, Naphthas & Lighter Unfinished Oils, Kerosene & Light Gas Unfinished Oils, Heavy Gas Oils Residuum Motor Gasoline Blending Comp. (MGBC) MGBC - Reformulated MGBC - Reformulated, RBOB MGBC - Reformulated, RBOB w/ Alcohol MGBC - Reformulated, RBOB w/ Ether MGBC - Reformulated, GTAB MGBC - Conventional MGBC - Conventional, CBOB MGBC - Conventional, GTAB MGBC - Conventional Other Aviation Gasoline Blending Comp. Finished Motor Gasoline Reformulated Gasoline Reformulated Gasoline Blended w/ Fuel Ethanol Reformulated Gasoline, Other Conventional Gasoline Conventional Gasoline Blended Fuel Ethanol Conventional Gasoline Blended Fuel Ethanol, Ed55 and Lower Conventional Other Gasoline Finished Aviation Gasoline Kerosene-Type Jet Fuel Kerosene Distillate Fuel Oil Distillate F.O., 15 ppm Sulfur and under Distillate F.O., Greater than 15 to 500 ppm Sulfur Distillate F.O., Greater 500 ppm Sulfur Residual Fuel Oil Residual F.O., than 1.00% Sulfur Petrochemical Feedstocks Naphtha for Petro. Feedstock Use Other Oils for Petro. Feedstock Use Special Naphthas Lubricants Waxes Petroleum Coke Asphalt and Road Oil Miscellaneous Products Period-Unit: Monthly-Thousand Barrels Annual-Thousand Barrels

469

Energy tax price tag for CPI: $1. 2 billion, jobs, and production  

SciTech Connect

If President Clinton's proposed energy tax had been fully in place last year, it would have cost the US chemical industry an additional $1.2 billion and 9,900 jobs, according to Chemical Manufacturers Association (CMA; Washington) estimates. It also would have driven output down 3% and prices up 5%, CMA says. Allen Lenz, CMA director/trade and economics, says the increase in production costs that would accompany the tax will not be shared by foreign competitors, cannot be neutralized with higher border taxes because of existing trade agreements, and provides another reason to move production offshore. Worse, the US chemical industry's generally impressive trade surplus declined by $2.5 billion last year, and a further drop is projected for this year. The margin of error gets thinner all the time as competition increases, Lenz says. We're not concerned only with the chemical industry, but the rest of US-based manufacturing because they taken half our output, he adds. One problem is the energy intensiveness of the chemical process industries-a CMA report says that 55% of the cost of producing ethylene glycol is energy related. And double taxation of such things as coproducts returned for credit to oil refineries could add up to $115 million/year, the report says.

Begley, R.

1993-03-03T23:59:59.000Z

470

Refinery Stocks of Crude Oil and Petroleum Products  

Gasoline and Diesel Fuel Update (EIA)

Product: Crude Oil and Petroleum Products Crude Oil Petroleum Products Pentanes Plus Liquefied Petroleum Gases Ethane/Ethylene Propane/Propylene Normal Butane/Butylene Isobutane/Isobutylene Oxygenates/Renewables/Other Hydrocarbons Oxygenates (excl. Fuel Ethanol) Methyl Tertiary Butyl Ether (MTBE) All Other Oxygenates Renewable Fuels (incl. Fuel Ethanol) Fuel Ethanol Renewable Diesel Fuel Other Renewable Fuels Other Hydrocarbons Unfinished Oils Naphthas and Lighter Kerosene and Light Gas Oils Heavy Gas Oils Residuum Motor Gasoline Blending Components MGBC - Reformulated MGBC - Reformulated - RBOB MGBC - RBOB for Blending with Alcohol* MGBC - RBOB for Blending with Ether* MGBC - Conventional MGBC - Conventional CBOB MGBC - Conventional GTAB MGBC - Conventional Other Aviation Gasoline Blending Components Finished Motor Gasoline Reformulated Reformulated Blended with Fuel Ethanol Reformulated, Other Conventional Gasoline Conventional Gasoline Blended with Fuel Ethanol Conventional Gasoline Blended with Fuel Ethanol, Ed55 and Lower Conventional Other Gasoline Finished Aviation Gasoline Kerosene-Type Jet Fuel Kerosene Distillate Fuel Oil Distillate Fuel Oil, 15 ppm and Under Distillate Fuel Oil, Greater than 15 ppm to 500 ppm Distillate Fuel Oil, Greater than 500 ppm Residual Fuel Oil Less than 0.31 Percent Sulfur 0.31 to 1.00 Percent Sulfur Greater than 1.00 Percent Sulfur Petrochemical Feedstocks Naphtha for Petrochemical Feedstock Use Other Oils for Petrochemical Feedstock Use Special Naphthas Lubricants Waxes Petroleum Coke Marketable Coke Asphalt and Road Oil Miscellaneous Products Period-Units: Monthly-Thousand Barrels Annual-Thousand Barrels

471

Gradient-based Methods for Production Optimization of Oil Reservoirs  

E-Print Network (OSTI)

Gradient-based Methods for Production Optimization of Oil Reservoirs Eka Suwartadi Doctoral Thesis oil reservoirs. Gradient- based optimization, which utilizes adjoint-based gradient computation optimization for water flooding in the secondary phase of oil recovery is the main topic in this thesis

Foss, Bjarne A.

472

Total Crude Oil and Petroleum Products Imports by Processing Area  

Gasoline and Diesel Fuel Update (EIA)

Product: Total Crude Oil and Petroleum Products Crude Oil Total Products Other Liquids Unfinished Oils Naphthas and Lighter Kerosene and Light Gas Oils Heavy Gas Oils Residuum Period-Unit: Monthly-Thousand Barrels Monthly-Thousand Barrels per Day Annual-Thousand Barrels Annual-Thousand Barrels per Day Product: Total Crude Oil and Petroleum Products Crude Oil Total Products Other Liquids Unfinished Oils Naphthas and Lighter Kerosene and Light Gas Oils Heavy Gas Oils Residuum Period-Unit: Monthly-Thousand Barrels Monthly-Thousand Barrels per Day Annual-Thousand Barrels Annual-Thousand Barrels per Day Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Product Area Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 View History East Coast (PADD 1) 62,196 60,122 54,018 52,671 54,668 52,999 1981-2013 Midwest (PADD 2) 54,439 53,849 53,638 60,984 63,482 56,972 1981-2013 Gulf Coast (PADD 3) 141,142 150,846 138,204 149,059 141,421 138,656 1981-2013

473

Federal Outer Continental Shelf Oil and Gas Production Statistics - Pacific  

NLE Websites -- All DOE Office Websites (Extended Search)

Pacific Pacific Energy Data Apps Maps Challenges Resources Blogs Let's Talk Energy Beta You are here Data.gov » Communities » Energy » Data Federal Outer Continental Shelf Oil and Gas Production Statistics - Pacific Dataset Summary Description Federal Outer Continental Shelf Oil and Gas Production Statistics for the Pacific by month and summarized annually. Tags {"Minerals Management Service",MMS,Production,"natural gas",gas,condensate,"crude oil",oil,"OCS production","Outer Continental Shelf",OSC,EIA,"Energy Information Agency",federal,DOE,"Department of Energy",DOI,"Department of the Interior","Pacific "} Dataset Ratings Overall 0 No votes yet Data Utility 0 No votes yet Usefulness

474

Production of Biofuels from High-Acid-Value Waste Oils  

Science Journals Connector (OSTI)

Production of Biofuels from High-Acid-Value Waste Oils ... (1) Biofuel is derived from a renewable, domestic resource, thereby relieving reliance on petroleum fuel imports. ...

Junming Xu; Guomin Xiao; Yonghong Zhou; Jianchun Jiang

2011-08-27T23:59:59.000Z

475

An innovative concept for deep water oil production platform design.  

E-Print Network (OSTI)

??As more oil and gas are discovered in deep water, the offshore industry has become increasingly interested in the design of deep water offshore production… (more)

Racine, Florian

2012-01-01T23:59:59.000Z

476

Potential Oil Production from the Coastal Plain of the Arctic...  

Gasoline and Diesel Fuel Update (EIA)

Potential Oil Production from the Coastal Plain of the Arctic National Wildlife Refuge: Updated Assessment 2. Analysis Discussion Resource Assessment The USGS most recent...

477

Oil Quantity : The histori  

E-Print Network (OSTI)

model for Prudhoe Bay. Figure 11: Historical Prudhoe Bay oil production data, modeled economically Production (million bbl per Month) Historical Production Best Fit (Hist. Tax w/ELF, Ref. P) High Price 120 140 160 19 Oil Quantity Con Wel N E A N N ng Results e Bay : The histori Bay over tim : Prudhoe Ba

Lin, C.-Y. Cynthia

478

AEO2011: Lower 48 Natural Gas Production and Wellhead Prices by Supply  

Open Energy Info (EERE)

Natural Gas Production and Wellhead Prices by Supply Natural Gas Production and Wellhead Prices by Supply Region Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 133, and contains only the reference case. The data is broken down into Production, lower 48 onshore and lower 48 offshore. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Natural Gas Wellhead prices Data application/vnd.ms-excel icon AEO2011: Lower 48 Natural Gas Production and Wellhead Prices by Supply Region- Reference Case (xls, 59.1 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035 License

479

Forecast Prices  

Gasoline and Diesel Fuel Update (EIA)

Notes: Notes: Prices have already recovered from the spike, but are expected to remain elevated over year-ago levels because of the higher crude oil prices. There is a lot of uncertainty in the market as to where crude oil prices will be next winter, but our current forecast has them declining about $2.50 per barrel (6 cents per gallon) from today's levels by next October. U.S. average residential heating oil prices peaked at almost $1.50 as a result of the problems in the Northeast this past winter. The current forecast has them peaking at $1.08 next winter, but we will be revisiting the outlook in more detail next fall and presenting our findings at the annual Winter Fuels Conference. Similarly, diesel prices are also expected to fall. The current outlook projects retail diesel prices dropping about 14 cents per gallon

480

Oil and Gas Production (Missouri) | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Production (Missouri) Production (Missouri) Oil and Gas Production (Missouri) < Back Eligibility Agricultural Commercial Construction Fed. Government Industrial Institutional Investor-Owned Utility Local Government Municipal/Public Utility Rural Electric Cooperative State/Provincial Govt Tribal Government Utility Program Info State Missouri Program Type Siting and Permitting Provider Missouri Department of Natural Resources A State Oil and Gas Council regulates and oversees oil and gas production in Missouri, and conducts a biennial review of relevant rules and regulations. The waste of oil and gas is prohibited. This legislation contains additional information about the permitting, establishment, and operation of oil and gas wells, while additional regulations address oil and gas drilling and production and well spacing and unitization

Note: This page contains sample records for the topic "oil production prices" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


481

Oil production from thin oil columns subject to water and gas coning  

E-Print Network (OSTI)

OIL PRODUCTION FROM THIN OIL COLUMNS SUBJECT TO MATER AND GAS CONING A Thesis by KMOK KIT CHAI Submitted to the Graduate College of Texas A&M University in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE May 1981... Major Subject: Petroleum Engineering OIL PRODUCTION FROM THIN OIL COLUMNS SUBJECT TO WATER AND GAS CONING A Thesis by KWOK KIT CHAI Approved as to style and content by airman of o t ee Member Member Head o Department May 1981 ABSTRACT Oil...

Chai, Kwok Kit

2012-06-07T23:59:59.000Z

482

Traversing the mountaintop: world fossil fuel production to 2050  

Science Journals Connector (OSTI)

...Constraints on oil field development have...informal systems of production controls. These...in order to keep oil prices declining...2050, the sum of cumulative production and proved reserves...relatively few oil resources to be...

2009-01-01T23:59:59.000Z

483

The relationship between oil prices and the Nigerian stock market. An analysis based on fractional integration and cointegration  

Science Journals Connector (OSTI)

Abstract We examine the relationship between oil prices and the stock market in Nigeria. We focus on the degree of persistence of the series, and based on the similarities observed between the two series, a fractionally cointegrated framework is proposed. The results indicate that the two series display a similar order of integration, which is close to, although above 1. Testing for cointegration, this is decisively rejected since the order of integration in the equilibrium relationship was similar to that of the individual series. However, testing for long memory with oil prices acting as a weakly exogenous regressor, we obtained significant evidence of a positive relationship between the two variables though with a short memory effect, this relation being significant only during the following three months.

Luis A. Gil-Alana; OlaOluwa S. Yaya

2014-01-01T23:59:59.000Z

484

Remote control of off-shore oil field production equipment  

E-Print Network (OSTI)

REMOTE CONTROL OF OFF-SHORE OIL FIELD PRODUCTION EQUIPMENT A Thesis Alton W. Sissom 1949 Approve as to style and on n by Cha1rman of omm1ttee REMOTE CONTROL OF OFFSHORE OIL FIELD PRODUCTION EQUIPMENT A Thesis Alton W. Oissom 1949 REMOTE...-Carrier Channel 26 PZNOTE CONTROL OF OFF-SHORE OIL FIELD PRODUCTION K, 'UIPMENT I GENERAL IiPOPPUi TION Since the beginning of the exploitation of the under-sea oil deposits in the Gulf' of qexico, most, of the territory off the shores of Texas and Louisiana...

Sissom, Alton Wayne

2012-06-07T23:59:59.000Z

485

Competition and price asymmetries in the Greek oil sector: an empirical analysis on gasoline market  

Science Journals Connector (OSTI)

This article attempts to investigate the issue of asymmetries in the transmission of shocks to input prices and exchange rate onto the wholesale and retail price of gasoline respectively. For this purpose, we ...

Michael L. Polemis

2012-10-01T23:59:59.000Z

486

The Availability and Price of Petroleum and Petroleum Products...  

U.S. Energy Information Administration (EIA) Indexed Site

Security Council (the United States, United Kingdom, France, Russia, and China) plus Germany (P5+1). The JPA does not directly allow for additional Iranian oil sales, although it...

487

Higher U.S. oil production in 2013 and 2014 means lower oil imports  

U.S. Energy Information Administration (EIA) Indexed Site

Higher U.S. oil production in 2013 and 2014 means lower oil Higher U.S. oil production in 2013 and 2014 means lower oil imports U.S. crude oil production topped 7 million barrels per day in November and December for the first time in 20 years, and production is expected to keep rising over the next two years. The U.S. Energy Information Administration's new monthly forecast sees domestic crude oil output averaging 7.3 million barrels per day this year and climbing to 7.9 million barrels next year. Higher crude oil production means America will need less imported oil. U.S. net imports of crude oil and liquid fuels are forecast to drop to 6.0 million barrels per day in 2014, less than half the 12.5 million barrels per day level in 2005. That will push U.S. imports down to just 32 percent of domestic oil consumption, the lowest

488

Energy Supply Crude Oil Production (a)  

U.S. Energy Information Administration (EIA) Indexed Site

Energy Supply Energy Supply Crude Oil Production (a) (million barrels per day) .............................. 6.22 6.29 6.42 7.02 7.11 7.29 7.61 7.97 8.26 8.45 8.57 8.86 6.49 7.50 8.54 Dry Natural Gas Production (billion cubic feet per day) ........................... 65.40 65.49 65.76 66.34 65.78 66.50 67.11 67.88 67.99 67.74 67.37 67.70 65.75 66.82 67.70 Coal Production (million short tons) ...................................... 266 241 259 250 245 243 264 256 258 249 265 262 1,016 1,008 1,033 Energy Consumption Liquid Fuels (million barrels per day) .............................. 18.36 18.55 18.59 18.45 18.59 18.61 19.08 18.90 18.69 18.67 18.91 18.82 18.49 18.80 18.77 Natural Gas (billion cubic feet per day) ........................... 81.09 62.38 63.72 71.27 88.05 59.49 60.69 74.92 85.76 59.40 60.87 72.53 69.60 70.72 69.58 Coal (b) (million short tons) ......................................

489

An energy-economic oil production model  

Science Journals Connector (OSTI)

......for more advanced energy-economic models...efficient (less energy intensive) than...hand, Germany's GDP per capita is much larger than...assumption that 100% of energy supply stems from oil. When oil demand is inelastic, this......

Peter Berg; Paul Hanz; Ian Milton

2013-04-01T23:59:59.000Z

490

EIA - New Iraqi oil production: How much; how fast?  

Gasoline and Diesel Fuel Update (EIA)

New Iraqi oil production: How much; how fast? New Iraqi oil production: How much; how fast? International Energy Outlook 2010 New Iraqi oil production: How much; how fast? Iraq holds a considerable portion of the world's conventional oil reserves, but has been unable to increase oil production substantially in recent years due to conflict and geopolitical constraints. As violence in Iraq has lessened, there has been a concerted effort to increase the country's oil production, both to bolster government revenues and to support wider economic development. Recently, Iraq offered prequalified foreign oil companies two opportunities to bid on designated fields under specific terms of investment. The success of the bidding rounds and the level of interest from foreign companies have raised hopes that oil production could increase substantially over a short period of time, with some Iraqi government officials stating that the country could increase its production to 12 million barrels per day by 2017.[a] Although Iraq has the reserves to support such growth, it will need to overcome numerous challenges in order to raise production to even a fraction of that goal.

491

Reproducibility of LCA Models of Crude Oil Production  

Science Journals Connector (OSTI)

Reproducibility of LCA Models of Crude Oil Production ... We examine LCA greenhouse gas (GHG) emissions models to test the reproducibility of their estimates for well-to-refinery inlet gate (WTR) GHG emissions. ... We use the Oil Production Greenhouse gas Emissions Estimator (OPGEE), an open source engineering-based life cycle assessment (LCA) model, as the reference model for this analysis. ...

Kourosh Vafi; Adam R. Brandt

2014-10-03T23:59:59.000Z

492

Enhancing Biodiesel Production from Soybean Oil Using Ultrasonics  

Science Journals Connector (OSTI)

Enhancing Biodiesel Production from Soybean Oil Using Ultrasonics ... Our objective was to determine the effect of ultrasonics on biodiesel production from soybean oil. ... The reaction was monitored for biodiesel yield by stopping the reaction at selected time intervals and analyzing the biodiesel content by thermogravimetric analysis (TGA). ...

Priyanka Chand; Venkat Reddy Chintareddy; John G. Verkade; David Grewell

2010-02-04T23:59:59.000Z

493

U.S. crude oil production expected to exceed oil imports later this year  

U.S. Energy Information Administration (EIA) Indexed Site

crude oil production expected to exceed oil imports later crude oil production expected to exceed oil imports later this year U.S. crude oil production is expected to surpass U.S. crude oil imports by the fourth quarter of this year. That would mark the first time since February 1995 that domestic crude oil output exceeds imports, according to the latest monthly energy outlook from the U.S. Energy Information Administration. The United States will still need to import crude oil to help meet domestic demand. However, total crude oil imports this year are on track to fall to their lowest level since 1997. U.S. oil production is expected to continue to rise over the next two years as imports fall. As a result, the share of total U.S. petroleum consumption met by net imports is forecast to fall to 32 percent next year, the lowest level since 1985 and nearly half the peak level of 60 percent seen in

494

International Energy Outlook 2001 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets picture of a printer Printer Friendly Version (PDF) In the IEO2001 forecast, periodic production adjustments by OPEC members are not expected to have a significant long-term impact on world oil markets. Prices are projected to rise gradually through 2020 as the oil resource base is expanded. Crude oil prices remained above $25 per barrel in nominal terms for most of 2000 and have been near $30 per barrel in the early months of 2001. Prices were influenced by the disciplined adherence to announced cutbacks in production by members of the Organization of Petroleum Exporting Countries (OPEC). OPECÂ’s successful market management strategy was an attempt to avoid a repeat of the ultra-low oil price environment of 1998 and early 1999. Three additional factors contributed to the resiliency of oil prices in

495

Demand growth to continue for oil, resume for gas this year in the U.S.  

SciTech Connect

Demand for petroleum products and natural gas in the US will move up again this year, stimulated by economic growth and falling prices. Economic growth, although slower than it was last year, will nevertheless remain strong. Worldwide petroleum supply will rise, suppressing oil prices. Natural gas prices are also expected to fall in response to the decline in oil prices and competitive pressure from other fuels. The paper discusses the economy, total energy consumption, energy sources, oil supply (including imports, stocks, refining, refining margins and prices), oil demand (motor gasoline, jet fuel, distillate fuel, residual fuel oil, and other petroleum products), natural gas demand, and natural gas supply.

Beck, R.J.

1998-01-26T23:59:59.000Z

496

Observed oil and gas field size distributions: A consequence of the discovery process and prices of oil and gas  

Science Journals Connector (OSTI)

If observed oil and gas field size distributions are obtained ... should approximate that of the parent population of oil and gas fields. However, empirical evidence ... the observable size distributions change w...

Lawrence J. Drew; Emil D. Attanasi; John H. Schuenemeyer

1988-11-01T23:59:59.000Z

497

Oil, economic growth and strategic petroleum stocks  

Science Journals Connector (OSTI)

Abstract An examination of over 40 years of data reveals that oil price shocks are invariably followed by 2–3 years of weak economic growth and weak economic growth is almost always preceded by an oil price shock. This paper reviews why the price-inelastic demand and supply of oil cause oil price shocks and why oil price shocks reduce economic growth through dislocations of labor and capital. This paper also reviews the current state of oil-supply security noting that previous episodes of supply instability appear to have become chronic conditions. While new unconventional oil production technologies have revitalized North American oil production, there are significant barriers to a world-wide uptake of these technologies. Strategic petroleum stocks could provide a large measure of protection to the world economy during an oil supply disruption if they are used promptly and in sufficient volume to prevent large oil-price spikes. Despite the large volume of world-wide emergency reserves, their effectiveness in protecting world economies is not assured. Strategic oil stocks have not been used in sufficient quantity or soon enough to avoid the economic downturns that followed past oil supply outages. In addition, the growth of U.S. oil production has reduced the ability of the U.S. Strategic Petroleum Reserve to protect the economy following a future oil supply disruption. The policy implications of these findings are discussed.

Carmine Difiglio

2014-01-01T23:59:59.000Z

498

INTERIM VALIDATION REPORT MIDDLE DISTILLATE PRICE MONITORING SYSTEM  

E-Print Network (OSTI)

1977-1978 HEATING OIL PRICES II-1 II-3 II-3 Wholesale PricesMonthly U.S. Heating Oil Prices, 1970 - 1978 . . A-16 .H-3 .continuous No. 2 heating oil price information from 1970 to

Hopelain, D.G.

2011-01-01T23:59:59.000Z

499

Demand and Price Volatility: Rational Habits in International Gasoline Demand  

E-Print Network (OSTI)

capita terms. When crude oil prices are used, these are thedriven by the world crude oil price rather than by exchange-how consumers think about oil prices and price expectations,

Scott, K. Rebecca

2011-01-01T23:59:59.000Z

500

Price Differences in a Durable Products Secondary Market: A Hedonic Price Analysis  

E-Print Network (OSTI)

IrJRoFtino&GIryNiso88mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmBB LNNN PRICE DFN NSEDAUBPENAS A Disertaonby eRoebtrOL oNiieyoJrtH FyoUrM oO soSt Ib sFLaoyFbeu eoOry eoiso FU utomiF sFurLo SS DFyoisoJrtH Fomid torseomtuD oeuyDtuJusrFuisousoFU omtuJrtaoJrtH Fo n h...DrmuFrLoitoF DUsuDrLo .m tFuy odU soDiJmrt eoFios doDrtoe rL tyh kUuL oJrsaorFFtuObF yoiSoby eoebtrOL oJrtH FyYousDLbeusNoFU oby eoDrtoJrtH FYo yFuLLo .uyFoFieraYoFU ousF ts Foy JyoFioUrM oO NbsoFioDUrsN oFU oJrtH FoLrseyDrm hooAuF yo ybDUoryodddh Brah...

Fumasi, Roland J

2013-07-22T23:59:59.000Z