Iraq Point

Peak Oil News

  • Wall Street News Alert: Trade Alert: Qualibou Energy -- July 29, 2010 Thursday, July 29, 2010 @ 7:38AMWESTON, FL--(Marketwire - 07/29/10) - Wall Street News Alert's "stocks to watch" this morning are: Qualibou Energy, Inc. (Pinksheets: QALB - News ), Beacon Power Corporation (NASDAQ: BCON - News ), Duke Energy Corp. (NYSE: DUK - News ) and Southern Company (NYSE: SO - News ). Yesterday after the markets closed, Qualibou Energy, Inc. (Pinksheets: QALB - News ) issued a press release announcing ...
  • Carpenter Technology Reports Fourth Quarter Results Thursday, July 29, 2010 @ 7:26AMWYOMISSING, Pa.--(BUSINESS WIRE)--Carpenter Technology Corporation (NYSE:CRS) today reported net income of $5.9 million or $0.13 per share for the fourth quarter ended June 30, 2010. This compares to a net loss of $20.8 million or $0.48 per share for the same quarter a year earlier. Fourth quarter earnings per share would have been about $0.10 higher without the LIFO impact of management’s Lean ...
  • Carpenter Technology Reports Fourth Quarter Results Thursday, July 29, 2010 @ 7:22AMWYOMISSING, Pa.----Carpenter Technology Corporation today reported net income of $5.9 million or $0.13 per share for the fourth quarter ended June 30, 2010. This compares to a net loss of $20.8 million or $0.48 per share for the same quarter a year earlier.
  • West Marine Reports 11.5% Increase in Second Quarter 2010 Pre-Tax Earnings Thursday, July 29, 2010 @ 7:12AMWATSONVILLE, Calif.--(BUSINESS WIRE)--West Marine, Inc. (Nasdaq:WMAR) today released unaudited operating results for the second quarter of 2010. 2010 second quarter highlights: Income before taxes was $36.0 million, a $3.7 million, or 11.5%, increase compared to the same period last year. This is West Marine’s seventh consecutive quarter of improved operating results versus the corresponding ...
  • Shell: refining asset disposal medium-term target Thursday, July 29, 2010 @ 7:09AM* Refinery sales talks slow down
  • Turkish Stocks at Record High Lure Templeton’s Mobius Thursday, July 29, 2010 @ 7:05AMTempleton Asset Management Ltd.’s Mark Mobius plans to increase his holdings of Turkish stocks, which rank among the cheapest in emerging markets even after gains pushed prices to record highs.
  • Mountain High Thursday, July 29, 2010 @ 7:02AMI'm certainly not fit enough to compete in a triathlon, but maybe you are. Maybe, just maybe, you can canoe or kayak for three miles, then jump on your mountain bike to cycle it up for five miles, and then top off the whole excursion with a four mile trail run without collapsing from exhaustion. If that sounds like cake—or you're just a glutton for some bodily punishment—you can head north on ...
  • Shell needs time in refining asset disposal medium-term target Thursday, July 29, 2010 @ 7:01AMBy Ikuko Kurahone
  • BP hires BarCap for Colombian asset sale - sources Thursday, July 29, 2010 @ 7:01AMBP is moving forward with a plan to sell its Colombian assets valued by analysts at $1.5 to $2 billion (1.2 billion pounds) as part of its $30 billion sell-off programme three people familiar with the matter said on Wednesday.
  • West Marine Reports 11.5% Increase in Second Quarter 2010 Pre-Tax Earnings Thursday, July 29, 2010 @ 7:00AMWATSONVILLE, Calif.----West Marine, Inc. today released unaudited operating results for the second quarter of 2010.
  • Lawsuit Says Over $100 Million Art Collection is Largest Unsettled Holocaust Art Claim Wednesday, July 28, 2010 @ 9:17PMGustave Courbet, Le Château de Blonay (neige), (The Chateau of Blonay (snow). WASHINGTON, DC.-
  • Hong Kong stocks may ease, choppy trading seen Wednesday, July 28, 2010 @ 8:57PMHong Kong stocks may ease, choppy trading seen
  • Range to plow $210 million more into Marcellus Shale gas ventures Wednesday, July 28, 2010 @ 8:47PMRange aims for "seizing opportunities" in the natural gas field in the Appalachians.
  • Japan’s Stocks Fall on U.S. Recovery Concerns, Yen Appreciation Wednesday, July 28, 2010 @ 8:46PMJapanese stocks fell, sending the Topix index to its first drop in five days, after the Federal Reserve said U.S. growth was slowing in some areas, and the yen strengthened.
  • Japanese Stocks Fall on Recovery Concerns; Advantest Retreats Wednesday, July 28, 2010 @ 8:01PMJapanese stocks fell as a government report showed durable goods orders unexpectedly dropped in the U.S. and the Federal Reserve Beige Book business survey showed the nation’s growth was slowing in some areas.
  • Your Source for Daily FOREX Market News and Analysis Wednesday, July 28, 2010 @ 7:57PMThe Department of Energy reported that in the week ending July 23, 2010, US crude oil inventories increased by 7.3 million barrels, gasoline inventories were close to unchanged, distillate inventories increased by 0.9 million barrels, and total petroleum inventories increased 9.0 million barrels.
  • Crude Oil Inventory Watch: Surge in Imports Brings Inventories Near 10-Year Highs Wednesday, July 28, 2010 @ 7:40PMInventories The Department of Energy reported that in the week ending July 23, 2010, US crude oil inventories increased by 7.3 million barrels, gasoline inventories were close to unchanged, distillate inventories increased by 0.9 million barrels, and total petroleum inventories increased 9.0 million barrels.
  • Roman Attempts Land Speed Records Wednesday, July 28, 2010 @ 7:33PMIf the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap.
  • Kindergarten Double Dip Economics Wednesday, July 28, 2010 @ 4:44PMDouble Dip used to pertain to ice cream cones, but now to dreaded return to economic recession. Green Shoots used to refer to gardening projects, then to deceptive economic viewpoints. My favorite is the second half recovery mantra, indicative of totally clueless.
  • Ramsey And Wamp Campaign In Gray Wednesday, July 28, 2010 @ 4:22PMTwo of the three Republicans campaigning to be the next Governor of Tennessee were stumping for votes in the Tri-Cities today. Ron Ramsey and Zach Wamp were both courting voters in Gray.
  • FACTBOX-Oil spill adds to environment insults on US Gulf Coast Wednesday, July 28, 2010 @ 4:18PMSource: Reuters By Deborah Zabarenko, Environment Correspondent WASHINGTON, July 28 (Reuters) - The BP oil spill is the latest in a series of environmental insults to the U.S. Gulf Coast, from ...
  • Death Dance Wednesday, July 28, 2010 @ 4:18PMThe lowest price in three months, achieved after Tuesday’s brutal sell-off, lured some price-conscious Indian buyers back to the bazaars overnight.
  • House prices now 4.2% over peak: How cities are faring Wednesday, July 28, 2010 @ 4:11PMPlus, is RIM poised to unveil new BlackBerry? And, did IMF soft-pedal China report
  • Gas panel keeps Anil waiting Wednesday, July 28, 2010 @ 4:03PMNew Delhi, July 28: The empowered group of ministers (eGoM) today deferred its decision on the supply of gas from Reliance Industries’ fields in the Krishna-Godavari basin to Anil Ambani firms as well as to state-owned NTPC Ltd.
  • State on pace for record rig count Wednesday, July 28, 2010 @ 4:01PMWith North Dakota setting new records in recent months in production, it was only a matter of time before the state's record of active drilling could be close to being broken.
  • Canadian house prices 4.2% above pre-recession peak Wednesday, July 28, 2010 @ 3:57PMPrice index climbs 1.3 per cent. Plus, a breakdown of how cities are faring
  • Coast Guard officials: Boom will be removed in expectation of future tropical weather Wednesday, July 28, 2010 @ 3:55PMMOBILE, Alabama -- With oil no longer lapping onto Alabama beaches, boom will be removed from local waters as officials expect more tropical weather -- like the recent Tropical Storm Bonnie -- to impact the Gulf Coast.
  • A new energy superpower Wednesday, July 28, 2010 @ 3:44PMMore than two decades have passed since Chinese economy began to grow each year, at an amazing speed, prompting a legitimate question to arise, which already became a cliché: when will this country reach the top of the world hierarchy?
  • The Hard Numbers About Obama’s Anti Business Campaign. Wednesday, July 28, 2010 @ 9:53AMI’m a numbers guy, OK? Give me a set of hard data, and I’m happy to draw my own conclusion. Save the argument, the persuasion, and the spin for someone else. You may have heard from the media lately that President Obama hates business, deplores businessmen, and is derailing the economic recovery with his anti business policies. So I set out on a hunt for the hard numbers to support these ...
  • Finance stocks lift FBM KLCI Wednesday, July 28, 2010 @ 9:14AMKUALA LUMPUR: Share prices on Bursa Malaysia closed higher on Wednesday, July 28, lifted by gains in finance-related stock such as CIMB Group, dealers said. At 5pm, the FBM KLCI rose 2.96 points or 0.22 per cent to close at its new high in the 2009-2010 rally at 1,355.19. The benchmark index opened 0.42 of a point higher at 1,352.65 in the morning and traded within a range of 5.51 points between ...
  • Sampling of editorials from NY state Wednesday, July 28, 2010 @ 8:46AMThe Poughkeepsie Journal on proposed underwater power transmission line. When it comes to the provocative idea of running a power line underneath the Hudson River as part of a Canada-to-New-York-City connection, there are more questions than answers.
  • PEZ: You've ridden the Giro and Vuelta, how do they compare to the Tour? Wednesday, July 28, 2010 @ 8:36AMThe Giro is very hard, the Italian teams are all at a peak for it - but the fact is that there are no easy pro bike races! PEZ: Are you happy with your form?
  • India Reliance gas output to peak by FY12/13-oil secy Wednesday, July 28, 2010 @ 8:31AMNEW DELHI, July 28 (Reuters) - India's Reliance Industries will be able to ramp up natural gas output from its Krishna-Godavari deep-sea fields to peak capacity of 80 million metric standard cubic metres a day (mmscmd) in the fiscal year to March 2013, Oil Secretary S. Sundareshan said on Wednesday.
  • Canadian dollar follows equity markets higher Wednesday, July 28, 2010 @ 7:28AMThe Canadian dollar drifted higher against its U.S. counterpart on Wednesday as a global risk rally benefiting equities and growth-related currencies returned, bolstered by solid corporate earnings and easing fears about financial stability.
  • Pine beetle to cost 11,250 jobs Tuesday, July 27, 2010 @ 9:04PMThe mountain pine beetle epidemic will have cost British Columbia 11,250 direct jobs by the time it runs its course, according to a new study by credit union economists.
  • Warning Issued After More EEE Found Tuesday, July 27, 2010 @ 8:48PMMosquitoes collected in Fairhaven and Duxbury have tested positive for EEE.
  • Recipes: Roasted Wax Beans with Peanuts and Cilantro, Chicken Cutlets with Wax Beans, Two-Bean Salad with Roasted ... Tuesday, July 27, 2010 @ 7:43PMEveryday Food offer recipes for wax beans.
  • Iowa ag secretary candidate to visit Tuesday, July 27, 2010 @ 6:50PMFrancis Thicke, Ph.D., candidate for Iowa Secretary of Agriculture, will be discussing themes from his book, “A New Vision for Iowa Food and Agriculture” and how they relate to concerns of Iowans.
  • Banks lead FTSE to peak close in weeks Tuesday, July 27, 2010 @ 5:36PMUK's share index hit its highest close on Tuesday as strong economic data from the US boosted confidence.
  • Russia Companies Lift Debt, Stock Financing to 70% as Loans Cut Tuesday, July 27, 2010 @ 4:50PMRussian companies from Nomos Bank to OAO Mobile TeleSystems are depending more on debt and equity markets for financing than at any time since 1999 as overseas banks pare back loans to all but the safest borrowers.
  • Deltic Timber Profit Rebounds to $5.5 Million in Second Quarter Tuesday, July 27, 2010 @ 4:25PMDeltic improves primarily due to an increase in lumber sales to capitalize on higher priced during the quarter
  • VA Hospitals to Implement Kroff Chemical Company, Inc. Chiller Efficiency Program Tuesday, July 27, 2010 @ 4:22PMKroff Chemical Company, Inc., one of the fastest-growing water treatment companies in the United States, has teamed with general contractor Cornett and Associates a 100-percent Service-Disabled Veteran-Owned Business to provide Kroff's innovative Web-based chiller efficiency program to a host of VA Hospitals. Â After establishing a successful beta site, the Veterans Administration will expand ...
  • Officials raise EEE alert level in SE Mass. Tuesday, July 27, 2010 @ 4:20PMBOSTON -- The following is a press release from the Massachusetts Department of Public Halth detailing a heightened risk for eastern equine encephalitis in southeastern Massachusetts.
  • TPE North American resin pricing, July 19-23: PE down, PP up; materials move a penny in opposite directions Tuesday, July 27, 2010 @ 4:00PMOverview : After a sustained period of heightened activity, spot resin trading slowed "a bit" last week, according to plastics spot-trading platform, The Plastics Exchange (TPE). Price movements were mixed, with polyethylene steady to a penny lower, while polypropylene recovered another cent. Spot monomer prices were also mixed, holding in a tight range. Tagging Options Domain:  Plasticstoday ...
  • Inflation in recoveries Tuesday, July 27, 2010 @ 8:39AMHow different is this recovery from the previous two? This is one question the Bank of England's monetary policy committee should tackle at next week's meeting.
  • Valero Swings To 2Q Profit As Results Rebound From 2009 Woes Tuesday, July 27, 2010 @ 8:20AMValero Swings To 2Q Profit As Results Rebound From 2009 Woes
  • Gold & Dollar Slip, Silver Gains with Stocks & Commodities Tuesday, July 27, 2010 @ 8:15AMTHE PRICE OF GOLD slipped back below $1185 an ounce in London trade on Tuesday morning, holding above yesterday's 1-week closing low but remaining "directionless" according to one Chinese dealer.
  • Credit Crisis Federal Securities Class Actions Decline Tuesday, July 27, 2010 @ 7:45AMNEW YORK----The pace of federal securities class action filings slowed in the first half of 2010, with filings on track to decline for a second consecutive year, according to NERA Economic Consulting’s biannual report, Trends 2010 Mid-Year Study, released today.
  • EEE infected horse dies Tuesday, July 27, 2010 @ 7:41AMStallion in Middleborough dies from EEE infection.
  • FACTBOX-BP sells assets to cover oil spill costs Tuesday, July 27, 2010 @ 7:19AMLONDON, July 27 (Reuters) - BP plc plans to sell $30 billion of assets -- mainly upstream oil and gas fields-- over the next 18 months to cover costs related to the worst oil spill in U.S. history. [ID:nLDE66Q09I ]