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More to U.S. oil than North Dakota, EIA says

LONDON, Jan. 9 (UPI) -- Britain's Office for National Statistics pegged the national trade deficit for November at $5.6 billion, a modest decline from October.
The trade gap had been $5.9 billion in the previous month, the ONS said.
The month included a $14.8 billion deficit on goods trading and an estimated surplus of $9.1 billion in services.
In the prior three months export prices, excluding oil, fell by 0.9 percent, while import prices dropped by 0.7 percent, ONS said.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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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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