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API wants desks cleared of LNG export plans
NEW YORK, Aug. 28 (UPI) -- Crude oil prices held under $96 per barrel Tuesday with support provided by Tropical Storm Isaac, which caused the closure of some Gulf Coast refineries.
The Gulf Coast region is home to 44 percent of the country's refining capacity.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for October delivery added 34 cents to $95.81 per barrel. Natural gas shed 0.1 cents to $2.652 per million British thermal units.
Home heating oil added 0.31 cents to $3.1226 per gallon.
Reformulated blendstock gasoline lost 2.64 cents to $2.9236 a gallon.
At the pump, the average price for a gallon of regular unleaded gasoline was $3.756 per gallon Tuesday, up from Monday's $3.75, AAA reported.
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| Additional Business News Stories | |
BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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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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