Sunday, July 6, 2008

oil

USN Current Issue

High Fuel Costs Threaten Bankruptcy for Truckers

At $1,000 a fill-up, independent drivers suffer, and costs to consumers rise. more >>

The Gas Tax Vacation: A Cheap Holiday

Rolling back the federal fuel levy would do little to ease pump-price pain. more >>

Exxon Pumped Less Oil on the Way to $10.9 Billion Profit

Although lots of money goes to shareholders, production is falling for the world's biggest oil company. more >>

Top House Democrat Sets Three Priorities to Aid the Economy

Speaker Nancy Pelosi says tax rebate stimulus is a good start but "not enough." more >>

The Growing Oil and Food Crisis

Food security should be added to the list of national concerns. more >>

Foreign Oil Dependence by Choice?

Big Oil executives imply we could develop our own resources, but they know the big reserves are elsewhere. more >>

Peak Oil May Worsen the Climate Crisis

In the panic over fuel prices, cutting greenhouse gas emissions may be forgotten. more >>

How a Slowing Economy Speeds the Oil Run-Up

Analysts think Fed moves will further spur the investor rush for "the new gold." more >>

Energy Chill Heats Up Pennsylvania Politics

Oil heat delivery companies and their customers grapple with the cold reality of life at over $100 per barrel. more >>

Oil Analyst Says Renewables Get Competitive

Daniel Yergin forecasts clean energy at 7 to 16 percent of world electricity supply by 2030. more >>

Oil Demand Is Dropping, but Prices Aren't

Newly revised statistics show that U.S. motorists have begun to drive less. more >>

Refineries Stagger Into Spring

Fuel makers haven't yet hit on the secret for producing cleaner fuels while keeping up output. more >>

Some Deem Double-Hull Tankers Worth the Cost

Refiner Tesoro is far smaller than Exxon, but investing in an extra measure of safety is an economic decision. more >>

Exxon Still Sails Single-Hulled in Alaska

The oil giant says spill protection is its goal but continues to debate the value of extra steel. more >>

Exxon: We Have Paid for Valdez

In the Supreme Court, the oil giant argues against punitive damages for the Alaskan oil spill. more >>

The Next Price to Watch for After $100 Oil

Predictions abound that the price of crude oil could go much higher. more >>

Exxon’s Search for Oil Gets Harder

The oil giant puts a positive spin on its reserves replacement figures, but other countries clearly are impeding access to petroleum. more >>

How Big Oil Could Help on Climate Change in Iraq

Flaring destroys huge stores of natural gas and pours carbon into the atmosphere, but stopping the waste will take money, know-how and infrastructure. more >>

Oil May Stay High

At least one analyst thinks an easing of prices will be only a respite before things get really bad. more >>

Better Energy Investments Than Exxon?

Fund manager likes smaller companies that stay closer to home and don't rely on acquisitions for growth. more >>

Where Exxon and Friends Spend Big Profits

The industry says finding new oil is costly; companies use lots of cash to buy back their own shares. more >>

Oil Revenues Help Other States

Minerals help Wyoming, New Mexico, Alaska. more >>

Exxon's Profits: Measuring a Record Windfall

Money gushing into the oil company's coffers will be sure to reignite talk of new taxes. more >>

Shell Rakes in $8.5 Billion in Three Months

High crude prices lead to big profits. But economic and production worries nag the oil industry. more >>

Shell Admits Cheap Oil Is Running Out

Will the grab for the easily accessible oil that's left be a "scramble" or a well-planned ride? more >>

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