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[OIL PRODUCTION] Tropical Storm Edouard Heads for Texas,Jobless f…
energyBlog | 20 hours ago by bajaenergyblog
Oil prices sank to a five-month low today as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring back their energy use to save money. The Labor Department said the economy lost jobs in August for the eighth conse read more
Oil Prices Fall, Unemployment Rises
The Sisyphus Files | September 5th 2008 by Sisyphus
Oil prices drop as jobs data add to demand worries By MADLEN READ Oil prices sank below $106 a barrel Friday as a jump in the U.S. unemployment rate signaled to traders that Americans might keep paring back their energy use to save money. The Labor D read more
Oil Analysts Can’t Seem to Get it Right
Daily Fuel Economy Tip | September 4th 2008
Back during the spring and early summer, as the price of oil climbed higher with each passing day, it seemed that every energy analyst was saying the price of oil would climb to and stay within the $150 to $200 range within months, if not weeks. Of c read more
Darnley Bay Resources obtained exploration licenses
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 4th 2008 by World Mining Exploration News Admin
TORONTO, ONTARIO - Darnley Bay Resources Limited is pleased to announce that the environmental impact assessment screening committee Has determined that its request for exploration of the bay Darnley anomaly, for base metals and diamonds, will not h read more
Houston Lake Mining Raises $200,000 in a Private Placement Financ…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 4th 2008 by World Mining Exploration News Admin
Houston Lake Mining Inc. is pleased to report it has completed a $200,000 offering that will be used for working capital purposes to advance exploration activities at its West Cedartree Gold Project in Ontario. The funds were raised through the sale read more
Oil Prices Decline but Consumers Aren’t Out of the Woods Yet
The Daily Reckoning Australia | September 3rd 2008
Even though relief is being felt at the pumps, prices of most consumer products that were raised when the oil price surged have not yet come down... read more
“A Flock of Ospraies” By Jon Nadler
Investment Blog | September 3rd 2008 by Admin
“Gold headed back to revisit Tuesday’s low of $790 and then recovered once again before the close of futures trading, to climb back to just above $800 per ounce. The dollar gained further ground this morning, inching closer to 78.50 on th read more
Gammon Gold announced positive results from exploration drilling…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
HALIFAX, Gammon Gold Inc. ( “Gammon”) (TSX: GAM and AMEX: GRS) is pleased to announce further drilling results encouraging our very future Guadalupe y Calvo exploration located in the State of Chihuahua, Mexico in connection with the rece read more
Liberia as a result of the opening field exploration
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
MONROVIA, LIBERIA: Spanish energy company Repsol and Australia’s oil and gas Woodside Petroleum have signed an agreement to drill exploratory wells offshore off the coast of Liberia. Liberia is one of the poorest countries in the world. He hope read more
Maersk Oil is expanding its deepwater exploration interests in th…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
Maersk Oil Gulf of Mexico Three LLC, a subsidiary of Maersk Oil America, signed a collaboration agreement exploration for a multi-together and with Chevron USA Inc. (Chevron) in the centre of the USA deepwater Gulf Mexico. Under this agreement, a num read more
Small changes today
verysmartinvesting | September 3rd 2008 by Avi
There was not a lot happening today. Dow rose 16, advancers & decliners were about equal while NAZ dropped 16 on more nervousness that a weakening global economy could bite hard. NYSE volume remains modest at 1.2B. S&P 500 FINANCIALS INDEX ha read more
Rochester provides resources exploration and development to updat…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
VANCOUVER, BRITISH COLUMBIA,–Rochester Resources Ltd. (TSX VENTURE: RCT) (OTCBB: RCTFF) (FRANKFURT: R5I) is pleased to provide an update on the exploration and development at Florida Field, Mina real project. Work has been completed in recent m read more
Oil: How low can it go?
Loanspeed | September 3rd 2008
By Paul R. La Monica, CNNMoney.com editor With oil prices heading toward $100, that should be good news for consumers. But some think there won’t be true relief until crude hits $80 again. “The fact that oil has come down is a sign that p read more
Mixed stocks from mixed news
verysmartinvesting | September 3rd 2008 by Avi
Oil prices continue to lead the news, but fluctuations are settling down after the first storm passed (2 new ones are trying to get organized in the eastern Atlantic). A quick assessment says damage is not widespread. Exxon-Mobil (XOM) & Chevr read more
Daily Oil Prices
ECO-CAN News | September 3rd 2008
The “Daily Oil Prices” spreadsheet has been updated. read more
Wallbridge Mining announced the closing of the second tranche of…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
TORONTO, - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) (the “Company”) is pleased to announce that it has completed a second tranche of a non-negotiated a private placement A total of 1800000 units in the capital of the Company read more
SD Republican Senator Thune GOP does not agree with the platform…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 3rd 2008 by World Mining Exploration News Admin
SIOUX FALLS, SD (AP) - The Republican platform of 2008, approved at the party convention in St. Paul, Minn., calls for ending the renewable fuel standard for ethanol, and Senator John Thune , RS.D., said that it is a big mistake. It is “proof t read more
Oil Dropped to a Four-Month Low
The Daily Reckoning Australia | September 3rd 2008
An increase in the price of oil looked ineluctable in the early ’80s too. So did higher and higher interest rates – over 20%... read more
The collapse of gas sales evil Couche-Tard Q1
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 2nd 2008 by World Mining Exploration News Admin
Couche-Tard, which operates convenience stores in Canada and the USA, posted a net profit of $ 47.2 million for the three months ended July 20. This translated into a profit of 24 cents per share. But these figures represent a decline of 21 percent c read more
Tuesday September 2, 2008
The Mortgage Man | September 2nd 2008 by Steve E Russell
So, what happened with mortgage rates while you were weathering Gustav? read more
Oil Below $106
The Sisyphus Files | September 2nd 2008 by Sisyphus
Oil falls as global demand concerns re-emerge By ALEX KENNEDY read more
Oil prices slide below $110 as hurricane weakens
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
LONDON (AFP) - Oil prices dived to four-month lows on Monday, sliding below 110 dollars in London as a weakening Hurricane Gustav reduced the threat of damage to energy facilities in the Gulf of Mexico. Brent North Sea crude for delivery in October p read more
India to gain US$ 17 bn on falling crude oil prices
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
NEW DELHI: India could save a whopping USD 17 billion in the crude oil import bill on account of the plummetting crude oil prices, currently hovering between USD 110-120 per barrel after nearly touching USD 150 per barrel, stated an ASSOCHAM Eco Puls read more
Crude oil import bill surges in July
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
New Delhi, With crude oil reaching a record high of 147 dollars per barrel in July, India’s oil import bill went soaring by 69.3 per cent to 9.48 billion dollars in the month. The country had spent 5.6 billion dollars on import of crude oil in read more
Enbridge and BP to develop delivery system for Canadian crude oil
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
Enbridge Inc. and BP Pipelines (North America) Inc. have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facil read more
Gustav shutters oil refineries on the Gulf Coast
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
HOUSTON - Hurricane Gustav’s threat to the Gulf Coast halted about 15 percent of U.S. refining capacity Sunday, though for now prices at the pump have not risen dramatically. However, analysts and others say a prolonged disruption in refining o read more
With levees scarce west of New Orleans, Gustav on track to become…
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
HOUMA, La. (AP) _ In the low-lying Cajun country west of New Orleans, where levees are largely nonexistent and the sea has been nibbling away the land for years, the looming threat of Hurricane Gustav has inspired a pervasive sense of dread. Standing read more
Gustav cuts US oil, gas, threatens commods
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
Gustav is first big threat to U.S. Gulf of Mexico energy and port infrastructure since Katrina and Rita in 2005. The Gulf is the source of 25 percent of domestic oil and 15 percent of the natural gas. More than a third of U.S. refining capacity is on read more
Asian markets sink on economic and Gustav worries
Mining Exploration News, Oil Mining, Gold, Uranium, silver M… | September 1st 2008 by World Mining Exploration News Admin
HONG KONG—Asian stock markets dropped sharply Monday, led by exporters like Canon and LG Electronics, amid worries over slowing global demand and crude prices as Hurricane Gustav bore down on Gulf Coast oil operations. South Korean shares were hard read more

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