April 08, 2009

Santa Barbara County reverses oil drilling stand

Officials in Santa Barbara County, California, now say they oppose offshore oil drilling in their county. The Board of Supervisors generated national headlines last summer by endorsing drilling. Their latest vote cites the need to preserve the county’s coastline.


December 26, 2008

Oil rebounds to near $37

Oil prices have rebounded to above $36 a barrel on expectations that key OPEC members will comply with last week’s promised 2.2 million barrel a day cut in production.


December 13, 2008

NM suit accuses Marathon Oil of major pollution

The New Mexico Environment Department is suing Marathon Oil Corp., accusing it of thousands of air pollution violations at a natural gas processing plant west of Carlsbad.


November 29, 2008

Saudi king says oil should be $75 per barrel

Saudi Arabia isn’t entirely ruling out an OPEC production cut at a hastily convened meeting in Cairo today.


November 28, 2008

OPEC struggles to find balance in oil market

OPEC oil ministers are downplaying expectations of an immediate output cut as they face a third test in as many months of their ability to engineer a rebound in oil prices.


November 26, 2008

Firefighters demonstrate turkey fryer dangers

Florida’s Broward Sheriff Office put on their annual demonstration of what can happen if you don’t deep fry a turkey properly, especially if you use a propane gas powered fryer.


November 20, 2008

North Carolina legislators consider offshore drilling

Gov.-elect Beverly Perdue has been opposed to drillingm, but her campaign said she would be open to the idea if a team of scientists said it was safe.


October 29, 2008

Fabulous Fish Oil

More people are reeling in fish as part of a healthy diet, and there is a good reason.  Studies say fatty acids in fish are great for the body.


October 26, 2008

Iran says OPEC may decrease production further

Iran’s OPEC governor says the organization may consider another cut in oil production due to a glut in the market.


October 14, 2008

Oil falls below $80 on demand, recession concerns

NEW YORK (Reuters) - Oil fell Tuesday as concerns the global economy could slip into recession and drag down demand outweighed optimism over the bank bailout plans.


October 13, 2008

Gas prices down eight cents overnight

The average price for a gallon of regular gasoline dropped to $3.25 this morning.


October 12, 2008

Iraq to begin first post-Saddam oil bid round in London

Iraqi oil officials are set to meet in London tomorrow with oil-company representatives for the country’s first round of bidding for new contracts since the U.S.-led invasion in 2003.


October 09, 2008

In tough times, jobless claims actually fell

On Thursday the federal government considered yet more action to revive credit markets still strangled by the U.S. mortgage meltdown.


October 06, 2008

Oil drops below $90 on demand concerns

Credit crisis fallout seen hitting oil demand

GLOBAL MARKETS - Global stocks, oil fall as crisis fears widen

Global stocks plunge on fears credit crisis will widen

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