Archives for September 2016
Judge allows Dakota pipeline to move ahead
NEAR THE STANDING ROCK SIOUX RESERVATION, N.D. (AP) — The Standing Rock Sioux Tribe’s attempt to halt construction of the four-state Dakota Access oil pipeline near their North Dakota reservation was denied Friday by a...
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Oil rig count grows after Hurricane Hermine
The overall count of rigs actively seeking oil or natural gas increased by 11 this week with eight of them offshore and just three on land. Those three came in the gaseous Marcellus and Utica...
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Market Currents: Biggest oil draw since Britney’s first hit
Yesterday’s emphatic rally in response to the biggest crude draw since Britney Spears was number one with ‘…Baby one more time’ (err, January 1999) is being unravelled as realization dawns that the factors that caused...
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Why abundant energy resources are a problem for next president
In June of 2008, the last time there was an open race for the White House, this is what the Energy Department said the new president would face: domestic oil production near historic lows,...
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OIl trims weekly gains as market discounts drop in inventories
Oil trimmed its weekly gain after the biggest U.S. stockpile slump in 17 years was seen as a one-off caused by a tropical storm that disrupted imports and offshore production. Futures dropped 2.1 percent in...
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