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API wants desks cleared of LNG export plans

NEW YORK, June 8 (UPI) -- Crude oil prices closed lower Friday on the New York Mercantile Exchange, shedding 72 cents and settling at $84.10 a barrel.
Natural gas added 2.5 cents and closed at $2.30 per million British thermal units.
Home heating oil rose 0.05 cents to $2.67 per gallon.
Gasoline finished the session unchanged at $2.685 a gallon.
At the pump, the national average price of unleaded gasoline dropped a half-cent for the third consecutive day, falling to $3.555 per gallon from Thursday's $3.56, AAA said.
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BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
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SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
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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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