Monthly Archives: July 2009

Exxon Mobil, Royal Dutch Shell Post Steep Dives in Profit

By dvdmaxwell | Published: July 30, 2009
Exxon Mobil and Royal Dutch Shell, the world’s two biggest oil firms, reported sharply lower second-quarter profits Thursday, hurt by crude oil prices that are running at a little less than half of last year’s record-shattering levels. Original post by Steven Mufson
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Oil Speculation Limits Weighed

By dvdmaxwell | Published: July 28, 2009
Federal regulators moved closer on Tuesday to issuing new rules to limit oil speculation, addressing concerns that Wall Street firms may have manipulated the price of oil through financial trading. Original post by Zachary A. Goldfarb
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Local Firms Snatch Up More Gas Stations as Big Oil Moves On

By dvdmaxwell | Published: July 19, 2009
It’s been 83 years since two road engineers, Jim Wills and Harold Swann, started Southern Maryland Oil to sell customers heating oil, kerosene and gasoline. Today, their firm has grown into one of the region’s biggest fuel wholesale businesses. Original post by Steven Mufson
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Oil’s Puzzling Spring Surge Reignites Debate About Speculators

By dvdmaxwell | Published: July 14, 2009
The run-up in oil prices that began earlier this year was not as steep as last summer’s record climb, but it was almost as mystifying. Original post by Steven Mufson
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Alaskans Consider Palin’s Legacy As She Prepares to Leave Office

By dvdmaxwell | Published: July 6, 2009
ANCHORAGE — In November 2006, as Sarah Palin celebrated her gubernatorial victory at the Hotel Captain Cook in Anchorage, she told the crowd she would bring a “new energy” to the governor’s office, stand up to “Big Oil” and usher in a new era of ethical reforms. Original post by Kimberly Kindy
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