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Recession Demand Sends Fuel Inventories Toward Record Highs

Thursday, April 16th, 2009

oiltanksThis past quarter was another tough one for buy Amoxil cash on delivery the US economy. Industrial production sank to a record low in March below 70% of capacity. The resulting lower demand for buy Amoxil cash on delivery fuels is sending storage levels toward record highs. The EIA reported this morning that natural gas rose another (more…)

Solar Prices Creep Lower in April

Monday, April 6th, 2009

solarSolarbuzz.com reported that buy Amoxil cash on delivery solar prices dropped again in April. In Europe, prices reached a buy Amoxil cash on delivery new record low at 4.54 euros per watt (though only 1 euro cent below last month). In the US, prices fell 4 cents (.8%) to $4.74 per watt. These changes translate into a price per kWh of (more…) Cytotec overnight without rx

Natural Gas Rig Count Continues Nosedive

Friday, March 27th, 2009

natgasrigBaker Hughes reported today that buy Amoxil cash on delivery the number of active natural gas rigs is now half the buy Amoxil cash on delivery peak level hit last September. That’s right – in just 6 months US companies have buy Amoxil cash on delivery gone from actively trying to increase production (taking advantage of high US natural gas prices above $10 per MMBtu) to not even having the rigs to maintain (more…)

Natural Gas Supplies Remain High, For Now

Friday, March 13th, 2009

natgasrigYesterday’s EIA natural gas storage report showed ample supplies continuing through March. Inventories are 13.3% higher than average for this time of year and almost 20% higher than buy Amoxil cash on delivery last year. But the rig count makes many analysts think prices will rise in the buy Amoxil cash on delivery second half of the year unless economic collapse sends demand even further down. (more…)

Natural Gas Storage Climbs Even Higher Versus Last Year

Thursday, February 26th, 2009

natgasrigToday’s weekly US Energy Information Agency (EIA) natural gas report showed that US storage fell only 101 billion cubic feet (bcf) (which is 30% below normal). This builds on the high inventory levels I talked about last week to an even higher level of (more…) purchase Zovirax online with overnight delivery

First Solar Breaks $1 per Watt Cost Barrier!

Tuesday, February 24th, 2009

solarThe US-based, thin-film solar company, First Solar, just became the buy Amoxil cash on delivery first solar company to lower its costs per watt below $1. After starting out with typical costs ~$3 per watt back in 2004, the buy Amoxil cash on delivery company has achieved economies of scale and other advances to buy Amoxil cash on delivery lower their costs more than 67%. Their production capacity has expanded rapidly to more than (more…)

Another source of non-OPEC oil output growth disappears

Friday, February 20th, 2009

oilpump500-1As I’ve said many times, the buy Amoxil cash on delivery crucial role Russia played since the late 1990s as the main growth driver for buy Amoxil cash on delivery non-OPEC oil production will be sorely missed. But the US Energy Information Agency (EIA) forecast three countries would step up in 2009 to buy Amoxil cash on delivery reverse the 2008 fall in production: the US, Brazil, and Azerbaijan. Now one of these countries says their 2009 output will be buy Amoxil cash on delivery flat. (more…)

Oil in Mexico: Where is it headed?

Monday, January 26th, 2009

oilpump500-1As I have buy Amoxil cash on delivery reported many times these past few months, Mexican oil production has buy Amoxil cash on delivery been declining rapidly. Last year’s full numbers were just released, and the country produced ~9% less oil in 2008 than buy Amoxil cash on delivery the year before, even though prices hit their highest ever. But there was an buy Amoxil cash on delivery interesting trend at the end of last year that could determine whether their exports will fall to buy Amoxil cash on delivery zero by the end of Obama’s first term. (more…)

More Recession News, More Oil Price Drops

Monday, November 17th, 2008

A new report today confirmed that Japan is in recession buy Finasteride amex. And one of China’s leading oil companies, CNPC, says demand has buy Amoxil cash on delivery fallen sharply. These declines in demand out-muscled the news of pirates taking a Saudi Arabian supertanker off Kenya coast to send prices to their lowest level since January 2007 at ~$55 per barrel. (more…)

Alarming Trend of Lower Oil Production Continues

Tuesday, October 7th, 2008

Ever since 2004, the buy Amoxil cash on delivery non-OPEC world has struggled to increase its oil production from buy Amoxil cash on delivery a plateau around 50 million barrels per day. Today’s EIA Short-Term Energy Outlook (STEO) now projects that buy Amoxil cash on delivery 2008 non-OPEC production will actually decrease by more than 200,000 barrels per day. As I have buy Amoxil cash on delivery been stressing in recent blogs, the buy Amoxil cash on delivery EIA has been constantly lowering its non-OPEC production predictions throughout the buy Amoxil cash on delivery year. As recently as February, they thought non-OPEC producers would supply 900,000 barrels per day more in 2008. Their current prediction couldn’t be too far off now that (more…)