CARSON, Calif. -- All of these organizations have a 100 billion unit story to tell. Speculators believe Iraq has 100 billion barrels of oil in reserves; Google has a goal of indexing 100 billion web pages; and West Basin Municipal Water District has just produced its 100 billionth gallon of...
Q Quick! Before we get used to $2-a-gallon gas, how much of a gas tax hike would be sufficient to fix California's fiscal problems? Rick James Los Altos A Are you nuts? You have to be a lone voice on this....
INDUSTRY insiders reckon that the price of oil will stay low for at least next six months. Demand from China may have slowed, but the real reason crude has fallen so quickly is that speculators who drove up the price can't now get credit to fund...
DALLAS -- Ronn Motor Company (Pink Sheets: RNNM) has received a Speculative Buy rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D. The full report is available at http://www.beaconequity.com/main/Page-data/Adpages/RNNM. Anyone interested in receiving alerts regarding RNNM research should e-mail members@beaconequity.com with "RNNM"...
The price of oil has plummeted by more than half since it soared above $147 a barrel in July, and gasoline prices have tumbled almost as dramatically, from a high of $4.11 a gallon for unleaded regular in July to a national average of $2.67 a gallon on Monday. ...
M Antofagasta 300p (up 23.5p, 8.5 per cent) Bucks sector trend after positive comment from Citigroup. M British Sky Broadcasting 352p (up 23p, 6.99 per cent) Bargain hunting before update, due at the end of this week. M Stagecoch 196.4p (up 9p, 4.8 per...
OPEC's emergency ministerial meeting in Vienna on Oct. 24 cut the group's output by 1.5m b/d from Nov. 1 as the market for conventional petroleum entered a totally new phase with no simple explanation of the reasons for a continuing fall in paper oil prices. Paper WTI later on Oct....
Darn those oil speculators! Someone needs to stop them before they push the price of gas down even further. Does that sound ridiculous? Of course it does. You would never hear someone in Congress utter such a thing, especially as gas prices drop below $3 a gallon...
Autonomy Corporation 1,015p (up 139p, 15.87 per cent) Launches ControlPoint. William Hill 189.5p (up 23p, 13.81 per cent) Positive update; acquires certain Playtech affiliates. JJB Sports 36.75p (up 4p, 12.21 per cent) 5 per cent cash placing to with Sports Direct International. ...
The nationwide average price of gasoline fell to less than $3 a gallon -- to $2.991 on Saturday and then $2.954 on Sunday, travel organization AAA reported. It's the first time gas has been that cheap since February. And pump prices will likely keep falling. Based on the...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/fc1f58/asiapacific_oil) has announced the addition of the "Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)" report to their offering. This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India,...
NEW YORK AFP — Oil prices rebounded Friday above 71 dollars a barrel on speculation the OPEC crude producers' cartel could cut production at an emergency meeting next week, traders said. Crude futures had tumbled on Thursday and have plunged by more than six percent over the week...
LONDON AFP — British Prime Minister Gordon Brown told a meeting of business leaders on Friday that it was "absolutely scandalous" that oil producing countries were considering cutting production next week. The emergency meeting of the OPEC crude producers' cartel, which was brought forward to next Friday from...
LONDON AFP — Oil prices rose Friday after heavy losses a day earlier on speculation that the OPEC crude producers' cartel could cut production at an emergency meeting next week, traders said. New York's main futures contract, light sweet crude for delivery in November, was up 1.14 dollars...
Austria: Haider 'was drunk' VIENNA -- Austrian far-right politician Joerg Haider was drunk at the time of his fatal car crash, his spokesman said Wednesday. Stefan Petzner said Haider's blood alcohol level was significantly above the legal limit when he crashed his car early...
Intellihome, Inc. (OTCBB: IHME) ispleased to announce it has completed its name change to Atlas Oil & Gas,Inc. and has begun trading today under its new trading symbol (OTCBB: ATOG). Cautionary note: This report contains forward-looking statements,particularly those regarding cash flow, capital expenditures and investmentplans. Resource estimates, unless specifically noted,...
WASHINGTON AFP — The OPEC cartel called Saturday for tougher regulations to reduce the impact of speculative investment in the oil market which it blames for the huge volatility in crude prices. Oil peaked at a record high above 147 dollars in July but has since plunged back...
Business News In Brief ENERGY The oil explorer Soco International confirmed it had received an approach from a potential buyer of the majority of its asset portfolio, widely believed to be its Vietnam operations, sending the company's shares soaring as much as 40 per cent. Market...
Byline: By TOM MULLEN FLESH peels from the face of an armed robber caught up in a powder keg prison al Qaeda revenge attack. Malcolm Cruddas suffered horrifying injuries when terrorist Omar Khyam poured a pan of boiling chip fat over his head in high-security Frankland...
Articles 2008-10-10
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