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    Searching For A Bottom

    The Oil Market is in a dive.  Even today afer the death of the Saudi King, the price of oil has trouble having any kind of upswing.  However, we do not expect for this trend to continue for ever.... even too much longer.

    Here is the current weekly chart for WTI


    PDVSA, Valero in talks to restart Aruba refinery units
    By Marianna Parraga, Reuters         December 2, 2013    08:08:00 AM
    HOUSTON, TEXAS (USA) – Venezuela's state-run oil company, PDVSA, and U.S. refiner Valero Energy Corp are running tests to evaluate the restart of five units at the 235,000 barrel per day (bpd) Aruba refinery, which was shut last year because of high costs, according to three sources familiar with the situation.The Aruba refinery was closed in September 2012 when owner Valero reduced its workforce and stopped units at the refinery, which cannot convert heavy crudes into light products because it lacks deep conversion plants.

    [Read more...]



    Caribbean Alt Energy News

    • The Bahamas’ New Motto: “Sand, Surf and Solar” January 23, 2015
        The Bahamas is focusing on renewable energy as it tries to preserve gains in tourism. Credit: Kenton X. Chance/IPS   ABU DHABI, Jan 21 2015 (IPS) - When it comes to tourism in the 15-member Caribbean Community (CARICOM), The Bahamas — 700 islands sprinkled over 100,000 square miles of ocean starting just 50 miles off Florida — is […]
      Carol Davis


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