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Drumbeat: December 24, 2009
19 hours ago ago from Commodities Options | Commodities Futures | Commodities Prices
Chilly Climate for Oil Refiners Only a few years ago, a cry went up that the United States needed more oil refineries. The perceived shortage was so acute that George W. Bush, president at the time, even offered disused military bases as sites for building them. Not only did that never come to pass, but the reverse is now happening. The business of oil refining is mired in a deep crisis, with five refineries having shut down this year, ...
Related contentOil tops $78/barrel -- twice that of a year ago
15 hours ago ago from DailyBrisk
In this Nov. 2, 2009 file photo, a Hess Corp. oil storage facility is shown in this aerial photo of in Newark, N.J. The price of a barrel of oil is now more than $78 – about double the price of a year ago. Energy traders are blaming the cold weather for a late-year rise in the prices of crude oil and natural gas. Yes, the freeze that has extended from the Midwest to the mid-Atlantic states is helping to boost ...
Related contentHome Heating Oil Prices How To Keep Your Costs Under Control
17 hours ago ago from Niche blogging :: A multi author blog full of niches :: Blogging for money
Niche blogging :: A multi author blog full of niches :: Blogging for money Blog Niche Home December 17, 2009 Home Heating Oil Prices How To Keep Your Costs Under Control ...
Related contentAn Overview of Heating Oil and Heating Oil Prices This Year
23 hours ago ago from Heating and Air Conditioning News
In spite of various alternatives available, home heating oil continues to rule the forte with pipeline gas and others taking only second place. This combustible fuel keeps the radiators and furnaces in households burning to keep away harsh winters. Home heating oil Prices are highly unpredictable moving up and down indices according to the overall demand as well as other external factors. This product falls in the distillate fuel ...
Related content2 Michigan brothers sentenced in investment scheme (AP via Yahoo! News)
21 hours ago ago from Thermo Buhar
More info Two Lansing, Mich.-area brothers have been sentenced to 10 years in prison and ordered to pay $21.6 million in restitution as part of what authorities described as an oil and gas investment scheme. Oil price fluctuations drive China's overseas energy investment (People's Daily) The huge fluctuations in oil prices boosts China's overseas energy investment, Zhang Yuyan, director of Institute of World Economics and Politics ...
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Obama faces tough fight in Senate to deliver on climate pledges made overseas
8 hours ago ago from Washington Post - Business
By brokering a climate deal in Copenhagen a week ago, President Obama has committed himself to a more daunting task: pushing for comprehensive climate legislation in the Senate next year. This Story Although many senators, especially key Republicans, have shown little appetite for backing yet another ambitious bill in the aftermath of the polarizing health-care debate, it is clear that enacting legislation to cap the ...
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