Highlights
A collection of news and information related to Petroleum Industry published by Tribune Company sources.
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Food Still Expensive
When the price of gasoline went up last summer, we were told the price of food must also go up. For several months, gas prices have declined but food prices continue to rise. Worse yet, we are warned that when the price of gas goes up again next summer,...Tags: Food Industry, Middletown
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Connecticut Light & Power Rates Might Fall By Late Spring
Slightly higher electricity rates arrived with the new year, but utility officials said Monday that they expect them to drop later in 2009, perhaps by late spring. Connecticut Light & Power Co. said it has contracted to buy nearly all of the power it...Tags: Energy, Connecticut, Energy Resources, Natural Gas, Electricity Production and Distribution
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Nigeria: Pirates hijack French ship
Pirates hijacked a French ship and took its nine crew members hostage in the latest attack in some of the world's most dangerous waters off oil-rich southern Nigeria, the ship's owner said Monday. The captain of the Bourbon Leda was able to speak with...Tags: Piracy, Crimes
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Bush to create three marine monuments
President Bush will create three national monuments in the Pacific Ocean today, protecting waters near U.S.-controlled islands that contain some of the world's richest diversity of corals, fish and other sea life as well as unusual geological formations...Tags: Forestry and Timber, Monuments and Heritage Sites, Tourism and Leisure, George Bush, Seafood and Fishing Industry
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US auto sales plunge whopping 36 percent in Dec.
AP Auto WriterHuge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. The bleak numbers, according to both industry...Tags: Chrysler, Passenger Cars, Nissan, Saturn, Pickup Trucks
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French company says pirates attack vessel off Nigeria, holding 9 crew members
PARIS (AP) — Pirates hijacked a French boat and took its nine crew members hostage in the latest attack in some of the world's most dangerous waters off oil-rich southern Nigeria, the boat's owner said Monday. The captain of the Bourbon Leda was...Tags: Piracy, Crimes
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Gold prices decline as dollar gains strength on hopes for economic stimulus package
AP Business WriterNEW YORK (AP) — Gold prices fell Monday, undermined by the dollar's advance on hopes for an economic stimulus package in the U.S. Meanwhile, energy and agriculture futures rose. The dollar rose against the euro and the Japanese yen, buoyed by...Tags: Inflation and Deflation, Upstream Oil and Gas Activities, Economy, Foreign Exchange Market, Federal Reserve
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Venezuela suspends free heating oil program for low-income US residents
Associated Press WriterBOSTON (AP) — Citgo, the Venezuelan government's Texas-based oil subsidiary, has suspended shipments of heating oil for poor families in the United States, citing falling oil prices and the world economic crisis, the nonprofit organization that...Tags: Hugo Chavez, Reviews, Fidel Castro, Upstream Oil and Gas Activities, Home Heating
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Helicopter headed to offshore oil rig crashes in Louisiana marshland; 8 dead and 1 critical
Associated Press WriterGIBSON, La. (AP) — Authorities in a dozen boats searched through wreckage from a helicopter crash in a southern Louisiana marsh Monday, turning up evidence that could help investigators figure out why the aircraft bound for an offshore oil...Tags: Bodies of Water, Forestry and Timber, World War II, Health and Safety at Work, Transportation Industry
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Latin American stocks gain as investors bet US construction data may buoy local markets
MEXICO CITY (AP) — Latin American stocks rose Monday as investors bet better than expected economic news from the U.S. would buoy local markets. Brazil's benchmark Ibovespa index climbed 3.2 percent to close at 41,519, adding to a 7 percent gain...Tags: Petroleo Brasileiro SA
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Bush to protect parts of 3 Pacific island chains in historic conservation effort
Associated Press WriterWASHINGTON (AP) — Parts of three remote and uninhabited Pacific island chains are being set aside by President George W. Bush as national monuments to protect them from oil and gas extraction and commercial fishing in what will be the largest marine...Tags: Bodies of Water, Environmental Pollution, Energy Resources, Theodore Roosevelt, Monuments and Heritage Sites
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US auto sales plunge 36 percent in December; GM sells fewest vehicles in 49 years
AP Auto WriterDETROIT (AP) — Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. The bleak numbers,...Tags: Chrysler, Passenger Cars, Nissan, Saturn, Pickup Trucks
Jan 6, 2009
|Story| Hartford Courant
Jan 6, 2009
|Story| Hartford Courant
Jan 6, 2009
|Story| South Florida Sun-Sentinel
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|Story| Los Angeles Times
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
