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Rail said sufficient to deliver North Dakota crude oil
NEW YORK, March 8 (UPI) -- Crude oil prices held above $91 per barrel Friday with the commodity up about 75 cents on the week.
The death of Venezuelan leader Hugo Chavez has given traders pause. Venezuela has the largest accessible oil reserves in the world. Instability in the country could provoke a supply-scare that would boost prices.
On the New York Mercantile Exchange, West Texas Intermediate crude oil added 49 cents to $91.85 per barrel.
Gasoline added 7.76 cents to $3.2066 a gallon.
Home heating oil shed 0.26 cents to reach $2.97 a gallon.
Natural gas added 5.3 cents to hit $3.626 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline dropped from Thursday's $3.719 per gallon to $3.712, the AAA Daily Fuel Gauge Report said.
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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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