Jeannie Stell, financial editor, relates news and gossip on energy-industry transactions and matters affecting deal decision-making.
Thursday, July 17th, 2008 Posted in Uncategorized | No Comments »
Mars could have supported prmitive forms of life some 4 billion years ago, when much of the planet's surface was like a warm, soppy carpet, say an international team of three dozen scientists. The ... Read more..Wednesday, July 16th, 2008 Posted in Uncategorized | No Comments »
The Securities and Exchange Commission (SEC) plans to institute a new rule to limit the ability of traders to bet on a drop in shares of brokerage firms Freddie Mac and ... Read more..Tuesday, July 15th, 2008 Posted in Uncategorized | No Comments »
Today, the U.S. Labor Department reported the rising price of gasoline and food pushed inflation up by 1.8% in June. Inflation has risen during the past year at the fastest pace ... Read more..Monday, July 14th, 2008 Posted in Uncategorized | 1 Comment »
Peak oil? That is so last year. Today, we are in the Valley of De-Spare. As in, no more spare capacity. Recent estimates by the U.S. Department of Energy's Energy Information ... Read more..Friday, July 11th, 2008 Posted in Uncategorized | No Comments »
I am a big fan of Houston Mayor Bill White. I think he should be voted King-For-Life of Houston. However, the one thing he has not moved on is a Walk Houston ... Read more..Friday, July 11th, 2008 Posted in Uncategorized | No Comments »
Some 22 miles off the coast of Long Beach, California, lies a lovely little island called Catalina. The town is called Avalon. The water is ice-clear blue, the fish are foot-long ... Read more..Thursday, July 10th, 2008 Posted in Uncategorized | 1 Comment »
World energy demand will be up by more than 50% by 2030 but adequate oil reserves, conservation and new methods of recovery will enable supply to keep up with demand, ... Read more..Wednesday, July 9th, 2008 Posted in Uncategorized | No Comments »
Yesterday, Transocean Inc. received a five-year contract to lease its Deepwater Pathfinder drillship, a single-activity rig capable of drilling in water depths up to 10,000 feet, to Italy's Eni for Gulf ... Read more..Tuesday, July 8th, 2008 Posted in Uncategorized | No Comments »
As gasoline prices rise, commuters are looking for ways to reduce their costs. In Seattle, a dentist and his staff came up with a new way to get to work, based ... Read more..Monday, July 7th, 2008 Posted in Uncategorized | 1 Comment »
The Dow Jones industrial average lost 14.5% of its value in the first half of this year— its worst start since 1970. "We are in the same trend as that started ... Read more..