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Jul 09, 2014

Oil now cheaper than when Iraq insurgency began after price falls for 9th straight day

The price of oil fell for the ninth straight day Wednesday as global supplies continue to flow despite unrest in the world's most important oil-producing region...

Jun 24, 2014

Oil Is The New Gold: Inside North Dakota’s Oil Rush

North Dakota is on the new frontier of a U.S. fuel economy, where more oil is produced domestically than imported...

Jun 19, 2014

Will the Iraqi Siege Cause Oil and Gasoline Prices to Spike?

Should we be worried about a major spike in oil prices—and summer gas prices—because of the sectarian conflict in Iraq? It’s an important question in the markets right now, because every $10 increase in the price of oil shaves 0.5 percent of global g...

Jul 03, 2014

U.S. trade defict falls 5.6 percent in May to $44.4 billion as exports hit new high

The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly. The trade deficit narrowed 5.6 percent in May to $44.4 billion after hitting a two-year high of $47 b... #China #Beijing #Commerce Department

Jun 19, 2014

APNewsBreak: Hemp seeds seized at US-Canada border

(AP) -- Hundreds of pounds of industrial hemp seeds bound from Canada to Colorado have been seized by federal authorities in North Dakota, marking the latest bump along the road to legalization of marijuana's non-intoxicating cousin. At the center of... #Canada #North Dakota #Kentucky #Colorado #U.S. Department of Justice #Eric Holder #Drug Enforcement Administration

Jun 18, 2014

U.S. account deficit hits 18-month high as exports drop

A drop in U.S. exports and lower income from overseas investments drove the U.S. current account deficit to its highest level in 18 months. The Commerce Department says the deficit jumped to a seasonally adjusted $111.2 billion in the January-March q... #North Dakota #Pennsylvania #Commerce Department

Jun 21, 2014

Lucian Freud's muse 'Big Sue' sketches a new career in art

Sue Tilley, the model for Benefits Supervisor Sleeping, picks up her crayons and becomes an illustrator Sue Tilley is one of the most recognisable muses in modern British art : the nude model with more than most on show. Now Tilley, who is known wide... #London #Lucian Freud #Isle of Wight

Jun 12, 2014

Iraq violence threatens OPEC's precarious balance

(AP) -- The upheaval in Iraq could throw the world's remarkably stable oil market out of balance, threatening a delicate equilibrium that has kept prices steady for much of the last four years. Iraqi oil production is at risk because of the outbreak ... #Iraq #Baghdad #OPEC

Jun 14, 2014

Ibiza unites against oil prospectors

The waters surrounding the Balearic party island are a world heritage site and conservationists, politicians and tourist chiefs are adamant that plans to drill in the sea must be stopped It is best known for all-night clubbing with top DJs such as Pe... #Europe #Fatboy Slim #Pete Tong #Spain

Jul 09, 2014

Oil on 2-week slide even with Mideast turmoil

The price of oil fell for the ninth straight day Wednesday as global supplies continue to flow despite unrest in the world's most important oil-producing region... #Europe #Fatboy Slim #Pete Tong #Spain