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More to U.S. oil than North Dakota, EIA says
NEW YORK, June 15 (UPI) -- Crude oil prices held close to $84 Friday after the OPEC oil cartel elected to keep production at 30 million barrels per day.
Oil ministers of the Organization of Petroleum Exporting Countries met in Vienna Thursday. They said demand would grow, but not fast enough to warrant increasing the group's production quota.
In New York, West Texas Intermediate crude oil for July delivery lost 8 cents in late trading to reach $83.95 per barrel. Natural gas lost 2.7 cents to hit $2.468 per million British thermal units.
Home heating oil gave up 0.94 cents to $2.6371 per gallon.
Gasoline moved lower, giving up 0.82 cents to reach $2.6935 a gallon.
At the pump, the national average price of unleaded gasoline fell to $3.524 per gallon from Thursday's $3.532, AAA said.
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HAIFA, Israel, May 23 (UPI) --
The reported delivery of supersonic Russian anti-ship missiles to Syria heightened Israeli concerns about protecting its offshore gas fields.
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TUCSON, May 23 (UPI) --
Raytheon has received approval from the U.S. Defense Acquisition Board for full-rate production of the Standard Missile-6.
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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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