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Rail said sufficient to deliver North Dakota crude oil
NEW YORK, May 2 (UPI) -- Crude oil prices settled 0.4 percent lower Monday, losing 41 cents to close at $113.52 a barrel on the New York Mercantile Exchange.
Other energy commodities also were lower at the end of trading.
Gasoline was off a nickel, or 1.67 percent, to settle for $3.35 a gallon.
Heating oil was down 0.92 percent, dropping 2 cents to settle at $3.25 a gallon.
Natural gas shed a penny, or 0.11 percent, finishing at $4.69 per million British thermal units.
At the pump, the cost of a gallon of unleaded gasoline was $3.952 Monday, compared with $3.909 Friday.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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