Oil Economic Geography

Oil Price News

  • Heating oil tax plans fuel concern Saturday, September 4, 2010 @ 2:58AMGas station owners expressed concern yesterday at news that the government is considering hiking the tax on heating oil to make it the same as that on other forms of fuel, a measure that would also lead to households’ heating bills doubling.
  • Oil platform explodes in Gulf of Mexico Thursday, September 2, 2010 @ 9:40PMThe opening scene was all too familiar. Black smoke rising from a burning oil platform in the Gulf of Mexico and workers plucked from the sea. But Thursday's fire on an oil production facility 100 miles off the Louisiana coast appears to have ended without disaster.
  • In Washington, nice guys finish last Thursday, September 2, 2010 @ 9:37PMNEW YORK has picked up the bad Euro-habit of going lazy in August, when it’s so hot you can fry eggs on 42nd street. Even so, angry mobs of New York rednecks were protesting against the building of an Islamic community centre two blocks from the 9/11 Ground Zero.
  • Magazine Regulars Thursday, September 2, 2010 @ 9:23PMIt's the Magazine's 7 days 7 questions weekly quiz - a chance to find out how much news from the past week you've read, heard and watched... and how much has stayed lodged in the old grey matter.
  • 2.5 million Southern Californians expected to travel on Labor Day Thursday, September 2, 2010 @ 9:18PMThousands of Ventura County residents are expected to be among the more than 2.5 million Southern Californians leaving home today to celebrate the last long holiday weekend of the summer. Although the estimate represents an 11 percent increase from the 2.26 million Labor Day travelers last year, it marks only a partial recovery for the recession-weary tourism industry, said spokeswoman Marie ...
  • China’s Stock Futures Rise as U.S. Data Signal Global Recovery Thursday, September 2, 2010 @ 9:02PMChina’s stock-index futures rose, signaling the benchmark index may extend the biggest weekly gain in a month, after better-than-expected U.S. pending home sales and retail sales bolstered confidence about a global recovery.
  • First drive: Peugeot RCZ Thursday, September 2, 2010 @ 8:54PMIt's not perfect, but the new Peugeot RCZ blends driving enjoyment with a stylish coupe package.
  • Upturn in Fonterra powders sets scene for futures trade Thursday, September 2, 2010 @ 8:27PMSignificant price lifts in Fonterra's internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dairy futures contracts.Dairy futures trading has previously been tried with little success...
  • AP's Top 100 Recruits Thursday, September 2, 2010 @ 8:27PMStephone Anthony, LB, Anson HS, Wadesboro, N.C.
  • Local gas stations at war for lowest gas prices Thursday, September 2, 2010 @ 8:25PMLarry Christ joined the parade of cars turning into the new Murphy Express gas station, Thursday.
  • Morning Prices 02 September 2010 Wednesday, September 1, 2010 @ 6:20PMOn Wall St overnight, stocks surged the most since May as manufacturing data in both the US and China bolstered optimism as to the state of the US economy. The market had been looking for the ISM manufacturing index to fall to 52.5; instead it came ...
  • Beefs and bouquets Sept. 2 Wednesday, September 1, 2010 @ 6:15PMA big field of flowers to my sister – Jeannie Horner. She is always the first person to help me with any problem. I am blessed to have her for my sister. Love Sandy Brimacombe.
  • Gold & Investment in Failure Wednesday, September 1, 2010 @ 6:15PMMany observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion.
  • LATIN AMERICAN MARKETS: Brazil, Mexico Stocks Rise As Global Data Brighten Wednesday, September 1, 2010 @ 6:13PMLATIN AMERICAN MARKETS: Brazil, Mexico Stocks Rise As Global Data Brighten
  • She pictures herself only in a Subaru Wednesday, September 1, 2010 @ 6:11PMIt’s her Legacy but photographer is willing to focus on a snapshot of the alternatives
  • A Quick Taste of Taste of Beverly Hills Wednesday, September 1, 2010 @ 6:06PMFamous cooks, famous restaurants, a famous magazine presenter and one holiday weekend. Now, mix. Beverly Hills California - Los Angeles - United States - California - Counties
  • GLOBAL MARKETS-Oil, stocks rally on strong manufacturing data Wednesday, September 1, 2010 @ 6:03PMGLOBAL MARKETS-Oil, stocks rally on strong manufacturing data
  • Aussie outlook positive Wednesday, September 1, 2010 @ 6:02PMThe outlook for the Aust market is positive, following strong performances on overseas markets overnight.
  • Regal Beloit Acquires Rotor B.V. Wednesday, September 1, 2010 @ 5:58PMRegal Beloit Corporation today announced that it has acquired Rotor B.V. headquartered in Eibergen, the Netherlands.
  • Bulls Rush Into Transocean And Burger King, Bears Crowd Coach Wednesday, September 1, 2010 @ 5:55PMThe buyout rumors spark a rally in Burger King shares and attract speculation.
  • Markets: FTSE 100 on the front foot Wednesday, September 1, 2010 @ 3:01AM08:53 - The FTSE 100 (UKX) was on the rise for a fourth consecutive session on Wednesday, with gains from the mobile telecoms and mining sector providing the momentum.
  • Rendell, aide urge boost in Pa. transportation funding Wednesday, September 1, 2010 @ 2:43AMHARRISBURG — A summer-long discussion of Pennsylvania’s highway, bridge and mass transit needs resumed Monday, Aug. 23, with an unusual joint meeting in which House and Senate members grilled the state transportation secretary about a proposal to raise $1 billion annually in new funding.
  • Crowe gets 18 months for defrauding Clarksville Wednesday, September 1, 2010 @ 2:33AMClarksville had a contract with Jubilee from 2000 and 2007 but has gotten a new fuel provider since.
  • Vegetables in the valley? Wednesday, September 1, 2010 @ 2:32AMSaturday update A dedicated collection of winery owners and others would like to reverse local agricultural trends and grow more crops — at least a little.
  • NICHOLAS KRISTOF: OBAMA'S FAILURE IN SUDAN Tuesday, August 31, 2010 @ 10:21AMWhen President Barack Obama was seeking the White House, he criticized Republicans for not doing enough on Darfur and insisted that he would make Sudan a priority.
  • More refineries not the solution Tuesday, August 31, 2010 @ 10:17AMRe: "Build Oil Refineries to Save Oceans," letter -- Aug. 26. I agree with the concerns raised by the letter's author that we, as a society, must do a better job of protecting our oceans.[...]
  • Business in the Community`s daily review of national business and corporate responsibility news. Tuesday, August 31, 2010 @ 10:09AMAs financial groups stand accused of putting the recovery in jeopardy by failing to fund businesses, the Financial Times looks at the big economies and in particular Britain where the problem seems most acute.
  • US consumer confidence rise lifts stocks off lows Tuesday, August 31, 2010 @ 10:05AMAn unexpected rise in U.S. consumer confidence in August helped stocks in Europe and the U.S. recoup earlier losses Tuesday as markets remain on edge ahead of more data from the world's largest economy. In Europe, the FTSE 100 index of leading British shares... United States - FTSE 100 Index - Consumer confidence - Business - Investing
  • How To Create A Fake Gold Investment Out Of Thin Air Tuesday, August 31, 2010 @ 10:04AMGold ETF's have become extremely popular, as shown by the fact that ETF-driven demand for gold was higher than jewelry demand in the second quarter of 2010 according to the World Gold Council.
  • Analysts: U.S. will be a factor for years as Iraq remains turbulent Tuesday, August 31, 2010 @ 10:03AMThe simmering warfare and political instability in Iraq are probably far from over and U.S. military involvement there could very well last years beyond the end of 2011 -- when all U.S. troops are scheduled to depart the war-torn nation, analysts who study Iraq believe.
  • Rouble slips on risk aversion, c.bank rate decision Tuesday, August 31, 2010 @ 10:00AM* Rouble hit by a fall in stock markets, risk appetite
  • One fifth of Iran's workforce unemployed Tuesday, August 31, 2010 @ 9:52AMILNA, Iran's Labour News Agency, reports that while Iran's Statistics Bureau estimated Iran's workforce at 24 million last spring, the new statistics indicates that five million people are currently unemployed in Iran and unemployment, at 18 percent, has reached its highest point in recent years.
  • Thai Manufacturing Output Growth Slows In July Tuesday, August 31, 2010 @ 3:43AMThai manufacturing output grew at a slower annual pace in July, the Bank of Thailand said in a report on Tuesday.
  • Stephen Flynn: Katrina's lessons remain unlearned Tuesday, August 31, 2010 @ 3:37AMAs Hurricane Katrina approached the Gulf Coast in late August 2005, homeland security officials were preoccupied with preventing another terrorist attack. They had lost sight of the fact that the vast majority of Americans live in the crosshairs not of terrorists but of earthquakes, tornadoes, wildfires, hurricanes, severe winds and flooding.
  • Research and Markets: Insight on Oil and Gas Production Trends in the Producing Regions Across Europe and the FSU with ... Tuesday, August 31, 2010 @ 3:30AMDUBLIN----Research and Markets has announced the addition of the "Oil and Gas Supply - Europe and the Former Soviet Union" report to their offering.
  • Thai Manufacturing Output Growth Slows In July Tuesday, August 31, 2010 @ 3:27AM(RTTNews) - Thai manufacturing output grew at a slower annual pace in July, the Bank of Thailand said in a report on Tuesday. Output rose 16.3% year-on-year in July, slower than June's 21.9% rise.
  • Safety most important workplace issue for workers Tuesday, August 31, 2010 @ 3:13AMWashington, Aug 31 : For workers, the most important workplace issue is safety, according to a new study from the National Opinion Research Center at the University of Chicago.
  • Transfer deadline day summer 2010: live Tuesday, August 31, 2010 @ 2:37AMFollow Premier League transfer deadline day with all the breaking news, done deals and rumours.
  • Afren Posts Profit In H1 - Update Tuesday, August 31, 2010 @ 2:36AMIndependent oil & gas company Afren Plc Tuesday reported its first profit for the first half of the year, owing to higher realized oil prices and continued cost management on its Okoro field.
  • India Day Ahead: RIM Averts BlackBerry Ban; Reliance Acquires Stake in EIH Monday, August 30, 2010 @ 9:59PMResearch In Motion Ltd. averted a ban on its BlackBerry services in India that would have affected more than a million users and halted the Canadian company’s expansion in the world’s second-largest mobile-phone market.
  • Companies, Governments See an Electric-Vehicle Revolution Monday, August 30, 2010 @ 9:48PMWith mainstream automakers such as Chevrolet and Nissan set to release electric vehicles into the market.
  • Qantas traffic rises 9% in July Monday, August 30, 2010 @ 9:44PMQantas Airways Ltd says passenger numbers rose 9.1% in July from the previous corresponding month.
  • Right Now More>> Monday, August 30, 2010 @ 9:43PMCOLUMBUS, Ohio (AP) - Ohio gasoline prices have risen a nickel since last week as a rally on the stock market helped push oil prices higher.
  • RPT-UPDATE 2-Reliance enters hospitality sector via EIH stake Monday, August 30, 2010 @ 9:34PM(Repeats story issued late on Monday)
  • Cairn India, EIH, Maruti Suzuki, Reliance, Pantaloon: India Equity Preview Monday, August 30, 2010 @ 9:20PMThe Bombay Stock Exchange Sensitive Index, or Sensex , rose 33.7, or 0.2 percent, to 18,032.11. The S&P CNX Nifty Index on the National Stock Exchange advanced 0.1 percent to 5,415.45.
  • Seven years after US-led invasion, Iraqis count cost: 100,000 lives, $700b Monday, August 30, 2010 @ 9:07PMAs the American drawdown begins, Iraqis count the cost, writes Paul McGeough in Baghdad.
  • AstraZeneca, BAE Systems, BP, Grafton Group: U.K., Irish Equity Preview Monday, August 30, 2010 @ 9:06PMThe following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
  • Coconut Products - Prices on 30.08.2010 1. FRESH COCONUT Monday, August 30, 2010 @ 9:00PM(Industry use) ( a) Coconut Development Authority - Colombo Auction held on 26.08.2010 (Farm-gate unhusked Price Rs/1,000 Nuts) Highest 27,000 T Average 24,309 T Lowest 18,500 T Nuts Offered 1,149,306 Nuts Traded 885,446 Next Auction on 02.09.2010 at 10.00 a.m. at CDA Marketing Division Office, 54, Nawala Road, Narahenpita, Colombo 5.
  • Japanese, Australia Stock Futures Gain on Bernanke Pledge, Weakening Yen Sunday, August 29, 2010 @ 6:53PMJapanese and Australian stock futures rose after Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the economic recovery, and the yen weakened ahead of an emergency Bank of Japan meeting.
  • Profitable year reported by Genesis Energy Sunday, August 29, 2010 @ 6:51PMGenesis Energy reported a better than forecast profit for the year of $69 million, thanks to favourable hedging and cost savings initiatives, chief executive Albert Brantley announced today