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Oil Is Still Heading to $10 a Barrel

2016-06-28 11:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Back in February 2015, the price of West Texas Intermediate stood at about $52 per barrel, half of its 2014 peak. I argued then that a renewed decline was coming that could drive it below $20, a scenario regarded by oil bulls as unthinkable. But prices did fall further, dropping all the way to a low of $26 in February. Since then, crude rallied to spend several weeks flirting with $50 per barrel, a level not seen since last year. But it won't last; I'm sticking to my call for prices to decline anew...

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Oil prices rise above $48 a barrel due to Britain's EU vote

2016-06-28 01:00:00| Offshore Technology

Oil prices have increased above $48 a barrel after investors took advantage of a fall in crude for two days following Britain's vote to exit the European Union (EU).

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Oil prices rise above $50 a barrel

2016-05-26 01:00:00| Offshore Technology

Brent oil prices have increased above $50 a barrel as worldwide supply worries showed signs of easing.

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Oil prices rise towards $50 a barrel due to shrinking supply

2016-05-25 01:00:00| Offshore Technology

Oil prices have increased to almost $50 a barrel, based on expectations that a global decrease in oil will reduce amounts of unwanted crude.

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Patent No. 3438531A: Plastic Bung For A Beer Barrel

2016-04-15 23:45:03| Beverages - Topix.net

Today in 1969, US Patent 3438531 A was issued, an invention of Raymond L. Millard and Arthur W. Tschannen, assigned to the Adolph Coors Co., for their "Plastic Bung For A Beer Barrel." There's no Abstract, although in the description it includes this summary: The invention comprises, in essence, a bung plug having a circular wall section sized and tapered to fit a standard bung orifice, and an oversized, tapered, conical skirt at the leading rim of this wall adapted to guide and subsequently lock the hung in the orifice.

Tags: plastic patent beer barrel

 

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