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Crude oil

Posted on in Iran

How Iran Attempts to Cloak Its Oil Exports

Via JPost: Oil tankers departing from Iran have been “cloaking” their movements by turning off their global transponders, says Samir Madani who co-founded TankerTrackers with Lisa Ward. Many tankers connected to the National Iranian Tanker Company have been spotted going into port but not coming out, Madani says. “Then you look at the export terminal… Keep Reading

Posted on in Smooth Stone

Leading gas producers plan Opec-like body

Events are becoming more and more sinister. From Gulf in the Media: World’s leading gas producers are holding consultations on the creation of an Opec-like gas organisation, just as crude oil surged to a record of $ 102 per barrel due to factors ranging from cold weather in Europe and the US as well as… Keep Reading

Posted on in Uncategorized

Geologist: Earth has lots and lots of oil

A University of Washington economic geologist says there is lots of crude oil left for human use. Eric Cheney said Friday in a news release that changing economics, technological advances and efforts such as recycling and substitution make the world’s mineral resources virtually infinite. For instance, oil deposits unreachable 40 years ago can be tapped… Keep Reading

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