Oil Slick Stuff

Russia is still acting the same way they did before their fall. Communism is just like that.:suspicious:
 
Dec. 20, 2011, 2:43 p.m. EST
Oil futures close over 3% higher

As did the Markets..Same old story, different day....YAWN

your_tale_is_enthralling_trollcat.jpg
 
Dec. 21, 2011, 11:15 a.m. EST
Oil gains on drop in U.S. crude supplies
By Myra P. Saefong and V. Phani Kumar, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures climbed Wednesday, with a bigger-than-expected drop of nearly 11 million barrels in last week’s U.S. crude supplies sending prices higher for a third session in a row.


Wednesday, the Energy Information Administration reported a drop of 10.6 million barrels in crude supplies for the week ended Dec. 16.
Motor gasoline supplies also fell, off 400,000 barrels on the week, while distillate stocks declined by 2.4 barrels, the EIA report said.
Analysts polled by Platts had expected crude-oil stocks would fall by 2.25 million barrels. They also forecast an increase of 1.75 million barrels in gasoline supplies and a decline of 600,000 barrels for distillates.
http://www.marketwatch.com/story/oil-adds-to-gains-on-weak-dollar-strong-data-2011-12-20
 
We really need to get oil of the stock market. Some stations around here gas fell just under $3/gal Tuesday morning. By mid afternoon it had jumped back up to $3.39/gal. Thats criminal.
 
Russian Arctic Oil Rig sinks, 50 dead.


MOSCOW (AP) -- The sinking of a floating oil rig that left more than 50 crew dead or missing is intensifying fears that Russian companies searching for oil in remote areas are unprepared for emergencies — and could cause a disastrous spill in the pristine waters of the Arctic.

Only four months ago, Russian energy giant Gazprom sent Russia's first oil platform to the environmentally sensitive region, and industry experts and environmentalists warned it is unfit for the harsh conditions and is too far from rescue crews to be reached quickly in case of an accident. They are demanding Russia put Arctic oil projects on hold.

Jeopardizes plans to try off-shore drilling in the artic region.

http://finance.yahoo.com/news/russian-oil-rig-sinking-casts-110821090.html
 
Back
Top