Wednesday, July 28, 2010 - Algae have been studied for many years as a potential renewable energy feedstock to produce motor fuels.

P&O Maritime purchased the escort tugs "Dihecisiete" and "Vehintiuno" from Remolques Unidos S.A. of Santander, Spain.

Friday, July 9, 2010 - Nigeria’s hydrocarbon resources are the mainstay of the country’s economy but production and growth of the oil and natural gas sectors are often constrained by instability in the Niger Delta.

Marcon is pleased to announce the sale of two 8,200dwt deck barges to Latin American buyers.

Thursday, July 8, 2010 - Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2010 was 1,099, up 9 from the 1,090 counted in May 2010, and up 132 from the 967 counted in June 2009.

Wednesday, July 7, 2010 - EIA projects that the West Texas Intermediate (WTI) spot price, which ended June near $76 per barrel, will average $79 per barrel over the second half of 2010 and $83 per barrel in 2011.

June 2010 - The double-hulling of U.S. coastal tank vessel fleets, which is required by the Oil Pollution Act of 1990 (OPA-90), will be virtually complete over the next 3 years.

Tuesday, June 29, 2010 - Mexico is a major non-OPEC oil producer, with one of the world’s largest oil companies, Pemex.

Knife River sold the U.S. flag derrick barge "Umpqua Mink" to Riverview Equipment of California.

Of the 9,913 vessels (excluding barges) Marcon currently tracks, 560 are inland river pushboats with 83 officially on the market for sale (62 U.S. flag and 21 foreign flag).

Of the 9,913 vessels and 3,442 barges Marcon tracks, 827 are crew & pilot boats with 146 officially on the market for sale, plus we have 33 boats available for charter worldwide.

Of the 3,442 barges and 9,913 vessels we currently track, 772 are tank barges with 30 inland and 70 ocean or coastal barges officially on the market for sale.

Out of 9,913 vessels and 3,442 barges tracked by Marcon, 388 are utility boats.

Of 9,913 vessels and 3,442 barges tracked by Marcon, 2,247 are supply and tug supply boats.

Of the 9,913 vessels and 3,442 barges that Marcon currently tracks, 3,908 are tugs with 608 currently officially on the market for sale worldwide, up 8.19% since February 2010.

What will you be paying for fuel next week, next month or by the end of this year?