Meanwhile, Salomy is being courted by a pair of rivals a high-hatted, smooth-talking saloon gambler (Ralph Bellamy) and a crude, jealous rancher (Irving Pichel) and protected by Yuba Bill (Eugene Pallette), the jolly and fast-witted coachman.
Many investors choose to trade crude oil views via ETFs, such as the United States Oil Fund (USO) or iPath Crude Oil ETF (OIL), but the futures chart offers a baseline for recent market action.
Even though it is still a crude importer (imports are finally declining), the U.S. last year became a net exporter of refined petroleum products for the first time since 1949, with a lot of that fuel going to Europe.
FORBES: Fast Track to Jobs Through A North American Energy Market
He held out a crude, lumpy cigar: a Pelo de Oro ("Golden Hair").
Africa and the Caspian Sea region, it figures, can supply it with about 1.6 million barrels a day of oil in a few years, compared with worldwide liquids production (crude and natural gas condensates) of 2.5 million barrels a day last year.
And this was the second U.S. spill in a week involving Canadian crude ( Reuters).
As a crude (but at least fairly priced) approximation of the insurance you need, you could buy some put options on heavily traded home builder stocks.
Before the explosion, the rig carried 2.6m litres of diesel fuel and was pumping 8, 000 barrels (1.27m litres) of crude oil a day - a volume which may still be leaking from the well into the Gulf of Mexico.
BBC: Tackling oil rig disaster 'number one priority' - Obama
Over the next four weeks crude developed a broad trading range as the Spyder Trust ( SPY) completed its top.
Bakken crude even trades at a discount to West Texas Intermediate (WTI), the benchmark oil for the US set by prices in Cushing, Oklahoma.
FORBES: Differential Equations: The Rangeland Energy deal and the big picture
Unless this week's news prompts a split in the cartel and so a collapse in crude-oil prices (see article), retail-petrol prices in America may not drop dramatically before the end of the summer driving season.
Their caring yet distressed mother goes off in search of her estranged husband and parks the girls with their aunt (Mi-hyang Kim), a crude alcoholic who is neither tender nor attentive and leaves them largely to their own devices.
The next seasonal low in February 2008 coincided with the completion of a continuation pattern (line 3) as crude oil then accelerated to the upside.
The seasonal low was right on target, as crude oil prices did rally into July 2009 (point 6), but after a sharp, four-week correction, it again accelerated to the upside.
However, the underlying fundamentals of the U.S. economy have undoubtedly strengthened considerably over the last year, interest rates remains extremely low, and crude oil prices are falling just in time for summer (a break for consumers budgets).
South Sudan, for years the largest oil producer in the region and locked in an oil dispute with Sudan, now wants to send crude out through Kenya on a pipeline to a proposed new port in Lamu (see map).
Taking the rail idea a step further and looking to further solve the differential equation, Plains All American Pipeline (NYSE:PAA) is converting a former Virginia refinery to offload crude railcars and then shift their cargoes to ships to move crude oil along the coasts of the United States, profiting from price differentials.
FORBES: Differential Equations: The Rangeland Energy deal and the big picture
That is basically why it was invented to break down tough, gnarly cuts via long, slow cooking. (The smoke was just a byproduct of the crude fuel that happened to impart deliciousness.) The reason Texas barbecue is served on butcher paper is because it was popularized by butchers looking to move meat nobody wanted.
Are Indonesian banks any less flawed or crude than those of Bulgaria or Estonia (which had a dysfunctional banking system prior to its currency board)?
Sitting on the equivalent of 173 billion barrels of crude, the provincial government dreamed of making Alberta a new Saudi Arabia (with moose instead of camels).
When the cohort born roughly in the years between 1993 and 2005 enters prime child-bearing years, there is going to be a pretty significant decline in the crude birth rate even if the total fertility rate (TFR) continues to move modestly higher.
Namely, beyond foregoing the obvious benefits that come from value-added processing such as refining (gasoline sells a lot more per gallon than the cost of a gallon of crude oil), we are incurring secondary costs that impact, in part, the very environment that radical environmentalists are trying to protect.
According to U.S. Commodity Futures Trading Commission data, the percentage of non-commercial traders (investors who have no intention of ever supplying or taking delivery of a barrel of crude oil) has grown over time, from less than 10 percent of market players by volume in 2000 to more than 40 percent in 2011.
James Gibbs, Frontier's chief, has no sympathy for Canadian producers that feel they're getting ripped off on the heavy crude his company buys, 50, 000 barrels a day (just under a third of its total petroleum consumption).
Gold had seen some intensified technical selling pressure early this week, but on Tuesday the key outside markets turned bullish for gold and silver (lower U.S. dollar index, firmer crude oil prices), which brought at least a temporary halt to the downside price pressure on the precious metals.
Separately, Canadian oil company TransCanada has proposed building a 1, 700-mile (2, 735km) pipeline called Keystone XL to carry crude from Alberta, Canada's tar sands region to refineries in Texas.
BBC: Exxon Mobil oil spill subject to Arkansas investigation
What I feel is most important, especially in trying to get a handle on future crude oil prices, is the general ability of the oil producers (including the US) to satisfy consumer demand, across all product types.
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