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Crude oil pushes toward $96
NEW YORK, May 31 (UPI) -- Crude oil prices rose in New York Tuesday after a pipeline feeding a storage center in Oklahoma was shut down for repairs.
A small leak at a pumping station in Kansas caused the temporary closure of the TransCanada Corp. pipeline that transports 591,000 barrels of oil per day.
On the New York Mercantile Exchange, July delivery crude oil gained $1.99 to reach $102.59 per barrel. Home heating oil lost 0.62 cents to $3.0468 per gallon. Reformulated blendstock gasoline shed 0.28 cents to $3.0475 per gallon.
Henry Hub natural gas prices lost 1.4 cents to reach $4.652 per million British thermal units.
At the pump, the national average price of unleaded gasoline fell half a cent to $3.78 per gallon from Monday's 3.785, AAA said.
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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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