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Oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the Persian Gulf. Retail gas prices as expected rose further into record territory, nearing $3.60 a gallon.James E Van Blaricum - Signal Oil and Gas

LONDON (Reuters) - Oil fell more than $2 a barrel on Tuesday, retreating further from a record high hit a day before, as the dollar firmed and a strike ended at Britain’s Grangemouth refinery. Resumption of talks between Nigerian unions and Exxon Mobil to end a six-day strike that has shut in much of the U.S. oil major’s Nigerian output also helped oil’s retreat from Monday’s record high of $119.93 a barrel. Jim E Van Blaricum

Oils refined with the clay-solvent process contain a fair amount of paraffin and wax. These molecules cause several problems in an engine: they sometimes fall out of solution, leading to buildups in your engine that must be cleaned out somehow. Also, as these molecules get hot they thin out quite a bit, much more than mineral oil, so they make the oil’s high temperature performance rather poor. Finally, at low temperatures the waxes and paraffins thicken the oil so much that you really couldn’t call it a lubricant. If you’re curious about this, buy a cheap quart of straight 30wt oil and put it in your refrigerator or freezer over night. You’ll be amazed at how thick it becomes. More than half the motor oil sold in N.America in 2004 is made from base oils refined with the clay- solvent process (I like to call it the Kitty-litter and Kerosene refining method), but I don’t think this is the type of oil you want to put into an engine you love. These oils are roughly 85% good stuff (oil) and 15% bad stuff (paraffin and wax). To put this in perspective, think of taking a gallon of really excellent oil, and melting a 12″ dinner candle into it. Jim E Van Blaricum

James van Blaricum, we put oil in our engines to serve several purposes. First, obviously, oil acts as a lubricant. If your engine is operating correctly, there is almost no metal to metal contact - everything is riding on a thin film of oil. Jim van Blaricum, however, oil has several other important jobs to do. Signal Oil and Gas circulates throughout your engine, and cools parts that cannot get near a water jacket. For example, it’s becoming common in sport bikes to spray oil on the underside of the piston to cool it. There are no water jackets at all in your transmission. Motorcycle transmissions are oil cooled.

James Van Blaricum - Gasoline could hit $7 a gallon in four years Gasoline could hit $7 a gallon in four years: CIBC Crude predicted to top $200 by 2012 on tight supplies, pushing gas higherSurging crude prices, which could surpass $200 a barrel in four years on tight supplies, could push gasoline prices to as high as $7 a gallon, CIBC World Markets analysts said Thursday. Jim E Van Blaricum - Signal OIl and Gas

James Van Blaricum is an American entrepreneur, mostly in the oil and gas industry. Jim Van Blaricum was born in Berrien Springs, Michigan to James Van Blaricum and his mother, Simonne. Jim Van Blaricum has gone on to be a successful businessman, creating several companies. Jim E Van Blaricum - Signal Oil & Gas

NEW YORK - Oil prices fell sharply Tuesday as the market absorbed data showing demand is falling even as supplies are rising. Gas prices inched higher at the pump, continuing their record-breaking press toward $4 a gallon. SIGNAL OIL AND GAS - Jim E Van Blaricum

Haltom City, April 11, 2008:  James Van Blaricum, CEO of Signal Oil and Gas, has been an entrepreneur in several industries.  After becoming a medical doctor in the early seventies, James Van Blaricum found that his passions were more towards pioneering and running businesses.  He started in the oil and gas business in Texas near San Antonio and eventually was part owner of a successful chain of car care facilities before moving back to the oil and gas industry. James Van Blaricum - Signal Oil and Gas

Jim Van Blaricum (December 28, 1938 – present) is an American entrepreneur, mostly in the oil and gas industry. Van Blaricum was born in Berrien Springs, Michigan to James Van Blaricum and his mother, Simonne. Jim Van Blaricum has gone on to be a successful businessman, creating several companies.

Jim Van Blaricum became a member of the American Association of Professional Landmen in June, 2007 and the American Association of Petroleum Geologists in 1998. I believe he may have been a member of AAPL previously but don't have the dates. As you can see below, he is also a member of the Texas Independent Producers Royalty Organization and North Texas Oil and Gas Association. He graduated from Andrews University in Berrien Springs, Michican. Jim Van Blaricum

The Petronius Platform is an oil platform in the Gulf of Mexico, which stands 2,000 feet above the ocean floor. This structure is partially supported by buoyancy. Depending on the criteria it may be the world's tallest structure. The Hibernia platform is the world's largest oil and gas platform, located on the Jeanne D'Arc basin, in the Atlantic Ocean off the coast of Newfoundland. The Gravity Base Structure (GBS), which sits on the ocean floor, is 364 feet high and has storage capacity for 1.3 million barrels of crude oil in its 278.8 foot high caisson (Dorel Iosif). The platform acts as a small concrete island with serrated outer edges designed to withstand the impact of an iceberg. The GBS contains production storage tanks and the remainder of the void space is filled with ballast with the entire structure weighing in at 1.2 million tons. The platform stands 734 feet high, which is half the height of New York's Empire State Building (1473) and 108 feet taller than the Calgary Tower (626.6 feet). Signal Oil and Gas

An oil platform or oil rig is a large structure used to house workers and machinery needed to drill and/or produce oil and natural gas through wells in the ocean bed. Depending on the circumstances, the platform may be attached to the ocean floor, consist of an artificial island, or be floating. Generally, oil platforms are located on the continental shelf, though as technology improves, drilling and production in deeper waters becomes both feasible and profitable. A typical platform may have around thirty wellheads located on the platform and directional drilling allows reservoirs to be accessed at both different depths and at remote positions up to 5 miles (8 kilometres) from the platform. Many platforms also have remote wellheads attached by umbilical connections, these may be single wells or a manifold centre for multiple wells. Signal Oil and Gas

The modern oil industry was born on a hill in southeastern Texas. This hill was formed by a giant underground dome of salt as it moved slowly towards the surface. As it crept, it pushed the earth that was in its path higher and higher. This dome was known by several names, but the one that stuck was "Spindletop". Through the later half of the 19th century, Pennsylvania had been the most oil-productive state in the country. All that changed on January 10th, 1901. Signal Oil and Gas

Generally, under Texas Natural Resources Code, Title 3, and Texas Water Code, Chapters 26 and 27, the Railroad Commission of Texas (Commission) has jurisdiction activities associated with the exploration, development, or production of oil or gas or geothermal resources, including transportation of crude oil or natural gas by pipeline.  The Commission also has jurisdiction over surface mining for coal, uranium, and iron ore gravel. Jim Van Blaricum