Monthly Archives: October 2009

Oil firms’ profits keep dropping as recession shrinks demand for energy

By dvdmaxwell | Published: October 29, 2009
NEW YORK — The world’s biggest oil companies are reporting sharp declines in quarterly profit as the recession continues to weigh on consumer demand, driving down energy prices. Original post by Post
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Inflation fears drive dollar dip

By dvdmaxwell | Published: October 21, 2009
Fears of inflation and large U.S. budget deficits drove the dollar on Wednesday to its weakest level since August 2008 and helped push oil prices to their highest in more than a year. Original post by Steven Mufson
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Oil Prices Up, but Future Direction Is Murky

By dvdmaxwell | Published: October 15, 2009
Crude oil prices climbed to $77.58 a barrel Thursday, driven by the weakening of the U.S. dollar and rising optimism about prospects for a global economic recovery. Original post by Steven Mufson
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Mount Rainier Residents Turn to Corn as a ‘Greener’ Fuel Alternative

By dvdmaxwell | Published: October 14, 2009
Sat Jiwan Ikle-Khalsa and some of his eco-conscious friends in northern Prince George’s County were concerned about the effect of greenhouse emissions on the environment, so they erected a granary to provide corn fuel as a home-heating alternative to natural gas, oil or electric heat. Original post by Avis Thomas-Lester
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Book Review: ‘Crude World: The Violent Twilight of Oil’ by Peter Maass

By dvdmaxwell | Published: October 10, 2009
Peter Maass takes readers on a vivid tour of troubled oil frontiers like Russia, Nigeria and Ecuador in “Crude World.” Original post by Steven Mufson
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