Highlights
A collection of news and information related to Upstream Oil and Gas Activities published by Tribune Company sources.
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Economy has becoming overriding issue in governors' races; some contests tighten
Associated Press WriterIn his bid to become the next governor of Missouri, Rep. Kenny Hulshof survived a bitter primary that at one point saw the candidates bashing each other for supporting public funding for drugs such as Viagra. Then came the catastrophe on Wall Street. Now...Tags: Regional Authority, Budgets and Budgeting, Energy, Dino Rossi, Local Elections
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Oil prices plummet to 13-month on fears global slowdown will cut crude demand
AP Business WriterNEW YORK (AP) _ The stunning collapse in oil markets accelerated Friday, sending a barrel of crude plunging below $78 as investors grow more pessimistic about resolving a mushrooming global economic crisis. Oil hasn't been this cheap in 13 months —...Tags: Commodity Markets, Money and Monetary Policy, Weather Reports, Energy Resources, Wright Express Corporation
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Oil prices briefly plummet below $80 on fears global slowdown will cut crude demand
AP Business WriterNEW YORK (AP) _ Oil prices briefly plunged below $79 a barrel Friday, dropping to the lowest level in nearly 13 months as investors grow more pessimistic about the prospects for resolving a mushrooming global economic crisis. Light, sweet crude for...Tags: Commodity Markets, Money and Monetary Policy, Weather Reports, Energy Resources, Wright Express Corporation
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Oil prices fall below $78 a barrel
Los Angeles Times Staff WriterMirroring declines in stock markets worldwide, New York oil futures fell nearly $9 to dip below $78 a barrel Friday for the first time in 13 months, raising the prospect of $60 oil by year's end. The unrelenting declines in stock values, combined with...Tags: Morgan Stanley Dean Witter & Company, Investments, Commodity Markets, Investment Service, Energy Resources
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Oil plummets to 1-year low below US$83 in Europe on fear global slowdown will cut crude demand
Associated Press WriterLONDON (AP) _ Oil prices tumbled to a one-year low below US$83 a barrel Friday in European trading as fears mounted that governments around the world would be unable to keep the ongoing financial crisis from causing a severe global economic downturn....Tags: Commodity Markets, Stock Broking, Financial Markets, Energy Resources, Productivity
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Prepay may no longer be best plan
Of The Morning CallIt's an annual routine that Scott Hatfield fills the tank for heating oil at his Emmaus home on a prepay contract with an oil company. Not this year. His household procrastinated during this year's prepay season -- typically the months of May through...Tags: Commodity Markets, Macungie, National Government, Government, Heavy Engineering
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VP candidate Sarah Palin wrongly suggests that Congress has imposed ban on US oil exports
Associated Press WriterWASHINGTON (AP) _ Alaska Gov. Sarah Palin, touted by GOP presidential candidate John McCain as his expert on energy, seemed to have problems Thursday explaining whether the government bans oil exports — especially from her state's North Slope...Tags: Government, National Government, Natural Gas, Energy Resources, Petroleum Industry
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Oil plummets to 1-year low below $83 in Asia on fears global slowdown will cut crude demand
Associated Press WriterLONDON (AP) _ Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading as investor fears of a severe global economic downturn caused by the crisis in credit markets sparked a panicked sell-off of both crude and equities....Tags: Commodity Markets, Money and Monetary Policy, Stock Broking, Energy Resources, Productivity
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Alaska: Great wealth, thanks to Big Oil and government handouts
Associated Press WriterJUNEAU, Alaska (AP) _ Alaska is awash in billions of surplus dollars from the current high oil prices and a tax hike on the oil industry, but it remains at the forefront of states feeding at the federal trough. With Big Oil and U.S. spending now the main...Tags: Interior Policy, Public Finance, Real Estate Sales, Pension and Welfare, Commodity Markets
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In deep-sea oil finds off Brazilian coast, a potential for deliverance and danger
Associated Press WriterRIO DE JANEIRO, Brazil — Four miles under the ocean's surface off Brazil's lush coast lie billions of barrels of recently discovered light crude — a treasure that could transform the country into an oil superpower. President Luiz Inacio...Tags: Petroleo Brasileiro SA, Royal Dutch Shell Plc, Energy, Government, National Government
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High fuel costs making energy a big issue in the presidential campaign
Associated Press WriterMURPHY, N.C. (AP) _ When oil topped $100 a barrel earlier this year, and gasoline prices soared above $4 a gallon, Americans cried out for relief. Some called for more offshore oil drilling. Others pushed for the development of alternative fuels. And...Tags: Barack Obama, Energy, National Government, Government, Election Day
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30-year fixed-rate mortgages fall below 6%
MORTGAGES 30-, 5-year rates drop below 6% Rates on 30-year, fixed-rate mortgages averaged 5.94% this week, down from 6.10% last week and the first decline since Sept. 18, mortgage company Freddie Mac said. Average rates on 15-year fixed-rate mortgages,...Tags: Regional Authority, Environmental Politics, Sales, Health Organizations, Freddie Mac
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Associated Press
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|Story| Los Angeles Times
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|Story| Allentown Morning Call
Oct 9, 2008
|Story| Associated Press
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|Story| Associated Press
Oct 10, 2008
|Story| Los Angeles Times
