Highlights
A collection of news and information related to Upstream Oil and Gas Activities published by Tribune Company sources.
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Gold, silver prices drop sharply as panicky investors cash in holdings
AP Business WriterNEW YORK (AP) _ Gold and silver plummeted Friday after Wall Street posted another big loss and forced investors to dump holdings in precious metals to raise badly needed cash. Gold for December delivery fell $27.50, or 3.1 percent, to settle at $859 an...Tags: Metal and Mineral, Metal, Auto Trends, Petroleum Industry, New York Mercantile Exchange
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Foley-Trunzo: Energy first in the 3d SD?
Spin CycleThe New York League of Conservation Voters, which released its list of endorsements earlier this week, has a special interest in Suffolk's Foley-Trunzo Senate race -- partly because it's one of the keys to Senate control, partly because the......Tags: Republican Party, Energy, New York, Caesar Trunzo, Parliament
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Friday's market movers
WACHOVIA $1.55 (43%) to $5.15 Shares soared after Citigroup abandoned its bid to buy the bank, leaving Wells Fargo & Co. to complete its deal. Federal antitrust regulators cleared transaction on Friday. Wells Fargo stock rose 4 percent; Citigroup...Tags: Wells Fargo & Co., ConocoPhillips, Citigroup Incorporated, Exxon Mobil Corporation, CBS Corp.
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Big business, lobbyists had Sarah Palin's ear
Los Angeles Times Staff WritersBig business was granted wide access to Sarah Palin's office during her first 20 months as Alaska governor, but she rarely met with labor, environmental or other groups pressing alternative views, her official calendar shows. On at least three dozen...Tags: AFL-CIO, Chuck, Petroleum Industry, Sarah Palin, Business Enterprises
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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: Stock Market, Energy Resources, Weather Reports, Massachusetts, Missouri
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Crude oil drop lowers gasoline prices on Long Island
john.valenti@newsday.com; This stFueled by a sharp drop in crude oil prices, the average for a gallon of regular gasoline on Long Island slipped under $3.50 Friday - for the first time in nearly six months. The last time a gallon of regular averaged at less than $3.50 in Nassau and...Tags: AAA, New York, Commodity Markets, Automotive Equipment, Petroleum Industry
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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: Stock Market, Energy Resources, Weather Reports, Missouri, Petroleum Industry
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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: New Hampshire, Delaware, Missouri, Petroleum Industry, Dino Rossi
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Peru president accepts resignation of entire Cabinet over oil kickback scandal
Associated Press WriterLIMA, Peru (AP) _ President Alan Garcia accepted the resignation of his entire Cabinet on Friday without naming replacements in response to an oil kickbacks scandal. Garcia's government has been rocked by the public airing of audiotaped conversations...Tags: Auction Service, Police, Government, Contracts, National Government
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Peru says 14 killed in rebel attack
The Associated PressShining Path rebels ambushed a column of military trucks in Peru's southeastern mountains with a bomb and gunfire, the military high command said Friday, killing 12 soldiers and two civilians in the deadliest rebel attack in years. Fourteen soldiers...Tags: Wars and Interventions, Terrorism, Government, National Government, Injuries
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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: Emmaus, Kerosene, Petroleum Industry, Homes, Macungie
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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: Republican Party, Energy Resources, Wisconsin, Petroleum Industry, Sarah Palin
Oct 11, 2008
|Story| Associated Press
Oct 11, 2008
|Blog| Newsday
Oct 11, 2008
|Story| Chicago Tribune
Oct 11, 2008
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Oct 10, 2008
|Story| Associated Press
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|Story| Newsday
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|Story| Associated Press
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|Story| Associated Press
Oct 11, 2008
|Story| South Florida Sun-Sentinel
Oct 10, 2008
|Story| Allentown Morning Call
Oct 9, 2008
|Story| Associated Press
