Oil Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
And it doesn't lead to a good place. U.S. dependence on foreign oil has led to both a wealth transfer and a power transfer www.businessweek.com/managing/content/jul2008/ca20080711_495...
The locals call it "Black Sunday." On May 2, 1982, Exxon Corp. shut down the Colony Oil Shale Project, a venture that was supposed to be the start of a $5 billion, decades-long effort to develop American oil shale. Suddenly, 2,200 stunned workers were on the street. www.chron.com/disp/story.mpl/business/5885299.html
Mark Bancroft is already counting his savings from a European-made wood pellet furnace he's buying to replace the oil furnace in his home. www.boston.com/news/local/maine/articles/2008/07/13/homeowne...
Iran on Sunday said it has discovered a new oil field in the hydrocarbon-rich province of Khuzestan with more than one billion barrels of crude in place. news.yahoo.com/s/afp/20080713/wl_mideast_afp/iranenergyoil_0...
Iranian state TV says the country is exploring a newly discovered oil field believed to contain more than 1 billion barrels of crude oil. The report quotes Iranian Oil Minister Gholam Hossein Nozari as saying the area holds about 1.1 billion barrels of crude... www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/07/13/interna...
Iranian state TV says the country is exploring a newly discovered oil field believed to contain more than 1 billion barrels of crude oil. news.yahoo.com/s/ap/20080713/ap_on_re_mi_ea/iran_oil_explora...
President Bush blamed Congress yesterday for soaring energy prices and said that lawmakers need to lift long-standing restrictions on drilling for oil in pristine lands and offshore tracts. www.baltimoresun.com/news/nation/bal-te.bush13jul13,0,218914...
Iran has discovered a new oil field holding an estimated 233 million barrels of recoverable sweet oil, Oil Minister Gholamhossein Nozari said on Sunday. uk.news.yahoo.com/rtrs/20080713/tbs-uk-iran-oil-field-9c49c4...
Residents in part of Rockland County are worried about what lies beneath the ground their homes are built and their children play. An oil leak mysteriously started seeping up from the ground recently in Nyack Plaza, a low income housing complex. wcbstv.com/local/Nyack.Oil.Leak.2.769919.html
President Hugo Chavez said Saturday that he is expanding his Venezuela's Petrocaribe oil-supply pact to include Guatemala. news.yahoo.com/s/ap/20080713/ap_on_re_la_am_ca/venezuela_pet...
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