Energy Finance

Archive for September, 2008

Crude Falls As Bailout Fails

Tuesday, September 30th, 2008 Posted in Uncategorized | No Comments »

Crude oil fell more than $10 a barrel after the U.S. House of Representatives rejected a $700 billion bailout of Wall Street investment firms and bankers. U.S. crude for November delivery fell  $10.52 per ... Read more..

Global Markets Increasingly Uncertain, Says Deutsche Bank

Monday, September 29th, 2008 Posted in Uncategorized | No Comments »

The outlook for global equity, interest rate and exchange rate markets has become increasingly uncertain, says Deutsche Bank's Washington-based chief energy economist, Adam Sieminski in his recently released Global Markets Research ... Read more..

Oil Sands Moratorium, As Seen By The National Wildlife Federation

Friday, September 26th, 2008 Posted in Uncategorized | No Comments »

The senate today voted 52-42 in favor of an amendment to a continuing resolution that, among other things, would have extended the moratorium on the commercial development of oil shale, an ... Read more..

Barclays Capital Opens for Business as Market Maker at NYSE

Thursday, September 25th, 2008 Posted in Uncategorized | No Comments »

Today, Barclays Capital announced that, following its acquisition of various assets of Lehman Brothers, it has opened as a market maker on the floor of the New York Stock Exchange Barclays ... Read more..

Buffett Buys $5 Billion Of Goldman Sachs

Wednesday, September 24th, 2008 Posted in Uncategorized | No Comments »

Billionaire investor Warren Buffett says "be greedy when others are fearful." Then he put up $5 billion for Goldman Sachs Group after the firm lost 40% of its value. Buffett's firm, Berkshire ... Read more..

Houston Mayor Says, “Get To @%&’ing Work!”

Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »

Some "salty language" from a frustrated Mayor Bill White to Georgia-based emergency workers last week at Reliant Park has resulted in a complaint Friday from Georgia's Gov. Sonny Perdue. I say, ... Read more..

Oil Rises On Bank Rescue Plan

Monday, September 22nd, 2008 Posted in Uncategorized | No Comments »

Oil rose above $107 per barrel today, caused by the U.S.  rescue plan for its financial sector. According to a recent release by Upstreamonline, "sweeping government measures to rescue the financial ... Read more..

Like Texas, Everything Is Bigger In Alaska

Wednesday, September 10th, 2008 Posted in Uncategorized | No Comments »

As the U.S. is introduced to Sarah Palin, it might be a good time to also get to know the governnor's home state. Like Texas, Alaska is also a land of superlatives. ... Read more..

Oilmen In Cuba Say, “Ike Who?”

Tuesday, September 9th, 2008 Posted in Uncategorized | No Comments »

Canadian E&P, Sherritt International, says it is "business as usual" at all its Cuban operations after Hurricane Ike ripped through the island, according to Upstream. Sherritt, which has extensive oil operations ... Read more..

Goodbye Gustav, Hello Ike

Monday, September 8th, 2008 Posted in Uncategorized | No Comments »

Around 79.8% of oil production and 70% of natural gas production in the US Gulf of Mexico remained shut in last Sunday in the wake of Hurricane Gustav, the US ... Read more..