Are We Moving Towards Chaos?
What is chaos? Chaos is the inherent unpredictability of the behavior of a…
It’s All in the Numbers
To be sure, the Hurricanes of 2005 have had substantial effects on U.S. refineries,…
High Oil Prices & Tanker Demand
With oil prices hovering above $60 per barrel and U.S. Gulf oil production…
Down for the Count
According to the U.S. Minerals Management Service, Katrina-Rita has knocked out 98.59% of U.S….
Katrina-Rita The One-Two Punch
Rita is expected to make landfall tomorrow morning in Texas and Louisiana delivering…
The 26th Annual Fuel OilEnergy Buyers’ Conference
On October 23-25, the 26th Annual Fuel Oil/Energy Buyers’ Conference will be held at…
Shipping’s “Katrina” Effect
Among many generous displays of solidarity since the tragedy of Hurricane Katrina began to…
India Comes Clean
The opening of new refineries, and capacity additions at older refineries, has made…
Speed Up on Phase Out
This week we examine the VLCC fleet with regard to the impact of…
Crude Prices Climb While Spot VLCC Activity Falls Why?
The explanation for high oil prices often cites strained production. If so, we would expect VLCC fixture activity to…