Oil prices fall on poor demand
AP - Wed Dec 9, 4:48 pm ETAP - Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Oil and Gas
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Essar May Offer Shell $1.2 Billion for Refineries, Standard Says
Bloomberg - 1 hour 6 minutes agoDec. 10 (Bloomberg) -- Essar Oil Ltd. may offer Royal Dutch Shell Plc $1.2 billion for three European refineries, the Business Standard reported, citing banking sources it didn’t identify close to the development.
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BP Reports Brief Upset At Texas Gasoline Unit -Filing
Nasdaq - 1 hour 11 minutes agoBP Products North America has resumed normal operations at a gasoline unit at its Texas City, Texas oil refinery after a brief upset, it said in a Thursday filing to state regulators.
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Gov.-elect Chris Christie will borrow $1B to pay for highway improvements, public transit projects
The Star-Ledger - 1 hour 16 minutes agoTRENTON -- Gov.-elect Christie will now borrow more than $1 billion to pay for highway improvements and public transit projects, agreeing today to expand a scheduled bond deal by six times over. The move comes after Christie said he would...
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Alaska congressional delegation comments on Larry Persily appointment
KTVA Anchorage - 1 hour 17 minutes ago"I appreciate the President's commitment to the natural gas pipeline," said Rep. Young. "I look forward to seeing Larry continue the good work done by Drue Pearce, a great supporter of the natural gas pipeline and a wonderful advocate for Alaskan resources.
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Explosion sends two to the hospital
The Pasadena Citizen - 1 hour 18 minutes agoBy noon, a shelter-in-place warning for the Clear Creek Independent School District and residents in the Seabrook area had lifted and the smoke mostly cleared after an explosion at American Acryl plant.
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Texas Governor Asks EPA to Retract Greenhouse Gas Finding
US News & World Report - 1 hour 21 minutes agoGov. Rick Perry has asked the EPA to withdraw its finding that greenhouse gases threaten public health.
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Gas leak temporarily shuts down Lincoln Way Shopping Center in Guilford Township
Chambersburg Public Opinion - 1 hour 21 minutes agoGUILFORD TOWNSHIP -- More than a dozen businesses were evacuated Tuesday afternoon for a gas leak in Lincoln Way Shopping Center.
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Barack Obama, wartime president, sets out to receive Nobel Peace Prize and address irony in speech
amNewYork - 1 hour 36 minutes agoOn the heels of his controversial decision to escalate the war in Afghanistan, President Barack Obama is set to accept the Nobel Peace Prize on Thursday in Oslo, Norway.
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Pakistan Withdraws Baluchistan Army Units as Part of Peace Plan
Bloomberg - 1 hour 38 minutes agoDec. 10 (Bloomberg) -- Pakistan’s Prime Minister Yousuf Raza Gilani said army units will withdraw from areas of Baluchistan as part of a plan to end an insurgency in the province that produces a quarter of the country’s natural gas.
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Australian Dollar Carry Trade ‘In Vogue,’ RBA’s Debelle Says
Bloomberg - 1 hour 44 minutes agoDec. 10 (Bloomberg) -- The Australian dollar carry trade, in which investors borrow Japanese yen, Swiss francs and U.S. dollars to invest in higher yielding assets, is helping stoke the nation’s currency, central bank official Guy Debelle said.
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BP Says Australian Oil Refinery Unaffected By Strike (Update1)
Bloomberg - 1 hour 45 minutes agoDec. 10 (Bloomberg) -- BP Plc , which operates two refineries in Australia, said its Bulwer Island plant in Queensland state is running normally as maintenance workers strike after rejecting a new labor contract.
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Commodities extend declines even as dollar falls
Newsday - 1 hour 46 minutes agoGold falls 2 percent to lowest level in month as commodities sell-off continues
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Russia May Amend Law Deterring Mine Investors, Stalling Barrick
Bloomberg - 1 hour 48 minutes agoDec. 10 (Bloomberg) -- Russia is considering an easing of mining laws designed to protect domestic producers because they’re deterring foreign investors and curbing development, Deputy Minister of Natural Resources Sergei Donskoy said.
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Pimco Buys Abu Dhabi, Qatar Bonds After Dubai Shock (Update1)
Bloomberg - 1 hour 52 minutes agoDec. 10 (Bloomberg) -- Pacific Investment Management Co., which runs the world’s biggest bond fund, is buying the debt of Abu Dhabi, Qatar and Ras Laffan Liquefied Natural Gas Co., said Michael Gomez , co-head of emerging markets at the fund manager.
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N.J. approves $1.2B in transportation borrowing
The Record and Herald News - 1 hour 54 minutes agoGovernor-elect Christie will now borrow more than $1 billion to pay for highway improvements and public transit projects, agreeing Wednesday to expand a scheduled bond deal by six times over.
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General Bell: ClimateGate And Energy Policy
The Chattanoogan - 1 hour 54 minutes agoWhen President Obama heads to Europe next week to address the Copenhagen United Nations Climate Conference, it’s a shame that he will not have clear “marching orders” from a consensus America.
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Exxon’s New Jersey Franchisees Sue Over Fuel Prices (Update1)
Bloomberg - 1 hour 58 minutes agoDec. 9 (Bloomberg) -- Exxon Mobil Corp. , the biggest U.S. oil company, was sued by operators of more than 100 of its New Jersey gas stations claiming they are being forced to overpay for wholesale gasoline and rent.
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Web Site for Woods Is Drawing Attention
New York Times - 2 hours 2 minutes agoTiger Woods’s personal Web site has had an increase in visitors since he issued a statement about his car accident on Nov. 29.
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Beleaguered Tiger Woods to go from playboy to 'Playgirl'?
amNewYork - 2 hours 7 minutes agoMove over, Levi Johnston. Playgirl magazine, which plans a racy spread of Sarah Palin’s grandbaby’s daddy, also has nude photos of a man resembling Tiger Woods and is working to verify them, according to published reports.
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Rails crucial to future, says head of TxDOT
Midland Reporter-Telegram - 2 hours 8 minutes agoODESSA — Rebuilding the South Orient Railroad from the U.S.-Mexico border into the Permian Basin and laying high speed rails elsewhere are indispensable to the state’s future needs, said Texas Department of Transportation Executive Director Amadeo Saenz Wednesday.
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Gas Prices Are On The Rise Again
CBS 2 / KCAL 9 Los Angeles - Wed Dec 9, 10:18 am ET -
Golfers react to Woods situation
AP - Tue Dec 1, 12:38 am ET -
Ivorians await compensation for ecological disaster
AFP - Thu Nov 26, 6:40 am ET -
Nat Gas on the Go
CNBC - Mon Nov 23, 10:46 am ET -
Raw Video: Violent crowd turns on kidnappers
AP - Wed Nov 11, 12:17 pm ET
The Oil Drum
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Raising Chickens at Home
Wed Dec 9, 6:15 pm EST -
The EPA Endangerment Finding
Wed Dec 9, 9:12 am EST -
Drumbeat: December 9, 2009
Wed Dec 9, 8:55 am EST -
Was Volatility in the Price of Oil a Cause of the 2008 Financial Crisis?
Tue Dec 8, 9:26 am EST
Most Blogged About
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The oil market's conflicting signals complicate OPEC's output choices
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Obama Nominates Former Palin Aide To Head Alaska Pipeline Project
The Huffington Post | Full News Feed - Wed Dec 9, 5:40 pm EST -
“Mainstream” org in Canada suggests gov takeover of entire oil and gas industry, forcibly if need be
PTBC J-Log - Wed Dec 9, 3:46 pm EST -
A Hanukkah Miracle: Hatch Keeps The Oil Burning
The Atlantic Politics Channel - Wed Dec 9, 1:56 pm EST
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