Oil price increases of 2004 and 2005 - Article Index

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Effects
There is controversy regarding the potential effects of oil-price shocks. Some see these increases in the price of oil leading to a reces...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Effects
There is controversy regarding the potential effects of oil-price shocks. Some see these increases in the price of oil leading to a reces...   » Read the article

Encyclopedia - Petroleum: Encyclopedia - Petroleum
Petroleum (from Greek petra – rock and oleum – oil), crude oil, sometimes colloquially called black gold, is a thick, dark brown or g...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Origin
Petroleum - Biogenic theory. Most geologists view crude oil, like coal and natural gas, as the product of compression and heating of an...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Origin
Petroleum - Biogenic theory. Most geologists view crude oil, like coal and natural gas, as the product of compression and heating of an...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Pricing
References to the oil price are usually either references to the spot price of either WTI/Light Crude as traded on New York Mercantile Ex...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Classification
The oil industry classifies "crude" by the location of its origin (e.g., "West Texas Intermediate, WTI" or "Brent") and often by its rela...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Top Petroleum-producing Countries
Source: Energy Statistics from the U.S. Government (Ordered by amount (MMbbl/d = millions of barrels per day) produced in 2004): Saudi A...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Extraction
Generally the first stage in the extraction of crude oil is to drill a well into the underground reservoir. Historically, in the USA some...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Composition
In refining, the component chemicals of petroleum are separated by fractional distillation, which is a separation based on relative boili...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Future Of Oil
The Hubbert peak theory, also known as peak oil, is a theory concerning the long-term rate of production of conventional oil and other fo...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - History
The first oil wells were drilled in China in the 4th century or earlier. They had depth of up to 800 feet and were drilled using bits att...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Environmental Effects
The presence of oil has significant social and environmental impacts, from accidents and routine activities such as seismic exploration, ...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Top Petroleum-producing Countries
Source: Energy Statistics from the U.S. Government (Ordered by amount (barrels per day) produced in 2004): Saudi Arabia (OPEC) Russia Un...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Pricing
References to the oil price are usually either references to the spot price of either WTI/Light Crude as traded on New York Mercantile Ex...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Classification
The oil industry classifies "crude" by the location of its origin (e.g., "West Texas Intermediate, WTI" or "Brent") and often by its rela...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Future Of Oil
Main article: Hubbert Peak The Hubbert peak theory, also known as peak oil, is a theory concerning the long-term rate of production of co...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Environmental Effects
The presence of oil has significant social and environmental impacts, from accidents and routine activities such as seismic exploration, ...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - History
The first oil wells were drilled in China in the 4th century or earlier. They had depth of up to 800 feet and were drilled using bits att...   » Read the article

Encyclopedia - Petroleum: Encyclopedia Ii - Petroleum - Extraction
Generally the first stage in the extraction of crude oil is to drill a well into the underground reservoir. Historically, in the USA some...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Has It Occurred?
An increasing number of theorists believe some peak in world oil production has already occurred. Colin Campbell of the Association for t...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Has It Occurred?
An increasing number of theorists believe some peak in world oil production has already occurred. Colin Campbell of the Association for t...   » Read the article

Encyclopedia - Energy Crisis: Encyclopedia Ii - Energy Crisis - Economy
In a market economy the price of energy supplies such as oil, gas or electricity is driven by the principle of supply and demand which ca...   » Read the article

Encyclopedia - Economic Effects Of Hurricane Katrina: Encyclopedia Ii - Economic Effects Of Hurricane Katrina - Oil Production
Katrina has interrupted oil production, importation, and refining in the Gulf area, thus having a major effect on fuel prices. A tenth of...   » Read the article

Encyclopedia - Economic Effects Of Hurricane Katrina: Encyclopedia Ii - Economic Effects Of Hurricane Katrina - Gambling Industry
Katrina forced casinos along the Mississippi Gulf Coast to close and evacuate. The Hard Rock Hotel & Casino was scheduled to open the...   » Read the article

Encyclopedia - Energy Crisis: Encyclopedia Ii - Energy Crisis - Future And Alternative Sources Of Energy
Some experts argue that the world is heading towards a global energy crisis due to a decline in the availability of cheap oil and recomme...   » Read the article

Encyclopedia - Economic Effects Of Hurricane Katrina: Encyclopedia Ii - Economic Effects Of Hurricane Katrina - Agriculture And Forestry
According to the United States Department of Agriculture (USDA), the national impact of Hurricane Katrina on Gulf Coast crops was minimal...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Critique
The implications of the model are controversial. Some petroleum economists, such as Michael Lynch, argue [6] that the Hubbert curve with ...   » Read the article

Encyclopedia - Energy Crisis: Encyclopedia Ii - Energy Crisis - Peak Oil
For full article see Hubbert peak There has been much debate about "peak oil", which is defined as the point at which half of the world's...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Hubbert's Theory
Hubbert, a geophysicist, created a mathematical model of petroleum extraction which predicted that the total amount of oil extracted over...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Implications Of A World Peak
Main article: Implications of peak oil It is clear that any global decline in oil supply will have serious social and economic implicatio...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Peak Prediction
Few would disagree with the statement that fossil fuels are finite and that alternative energy sources must be found in the future. Most ...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Energy Return On Investment
When oil production first began in the mid-nineteenth century, the largest oil fields recovered fifty barrels of oil for every barrel use...   » Read the article

Encyclopedia - Hubbert Peak Theory: Encyclopedia Ii - Hubbert Peak Theory - Cultural Awareness
Hubbert's research and awareness of Hubbert peak theory is becoming a more prevalent sociological phenomenon. For example, a peaknik is a...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Causes
Some people and news agencies argue that labor strikes, hurricane threats to oil platforms, fires and terrorist threats at refineries, an...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Spring & Summer 2005 Increase
After retreating for several months during the winter of 2004/2005, prices rose to new highs in March 2005. The price of light, sweet cru...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Winter 2006 Increase
On January 17, sweet crude oil for February delivery rose by $2.38 (3.7%) to $66.30 a barrel. This was the highest increase since early O...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Hurricane Katrina
Hurricane Katrina had a major impact on oil and gas prices, especially within the United States. The Gulf Coast is home to a major portio...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Causes
Some people and news agencies argue that labor strikes, hurricane threats to oil platforms, fires and terrorist threats at refineries, an...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Spring & Summer 2005 Increase
After retreating for several months during the winter of 2004/2005, prices rose to new highs in March 2005. The price of light, sweet cru...   » Read the article

Encyclopedia - Oil Price Increases Of 2004 And 2005: Encyclopedia Ii - Oil Price Increases Of 2004 And 2005 - Hurricane Katrina
Hurricane Katrina had a major impact on oil and gas prices, especially within the United States. The Gulf Coast is home to a major portio...   » Read the article