Category Archives: Oil

Place keeper. 

Place holder

The vast majority of oil in the world is used for transportation. Airports traffic can be a good major of the health of the global economy and also oil demand. Plane fuel can only be obtained form oil as off today.

Syria, Lebanon and Cyprus do not usually come to mind when talking about oil. But it seems they have found their fortune as well.  

More oil means lower prices. But the question is how much lower. Despite the "peak oil" talk there seems to be new fields either being discovered or being utilized around the world.

Is it really worth it? What are we, as a society and as humans getting for it?  Watch some of these videos.

Russia is betting big on China just like it did on Europe. Last year (2017)l, Gazprom supplied close to 200bn cubic metres of gas to Europe, equivalent to almost 40 per cent of the continent’s needs, and the source of the vast majority of the company’s profit. Oil and gas production accounts for 40 per cent of… Read More »

Oil impacts us in many different ways, from the price we pay at the pump to the air we bearthe and it is obvious global impact in the environment. But some of us have it harder than others. 

A list of energy charts for historical and recent data. 

There is a bit more to what you pay at the pump than meats the eye.