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Rail said sufficient to deliver North Dakota crude oil
NEW YORK, Dec. 12 (UPI) -- An increased demand estimate helped push crude oil prices above $86 per barrel in New York Wednesday.
The U.S. Energy Information Administration's monthly report pushed its demand estimate for 2013 to 90.5 million barrels per day.
On the New York Mercantile Exchange, West Texas Intermediate crude oil gained 98 cents to $86.77 per barrel. Home heating oil gained 0.3 cents to reach $2.9698 a gallon. Reformulated blendstock gasoline added 0.1 cents to $2.6475 a gallon. Natural gas gained 1.9 cents to $3.401 per million British thermal units.
At the pump, AAA reported a national average price for regular unleaded gasoline at $3.315 per gallon, down from Tuesday's $3.328.
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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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