
NEW YORK, Oct. 3 (UPI) -- Crude oil prices slipped Thursday, sliding back toward $103 per barrel after the government reported stockpiles rose sharply in the week ending Sept. 28.
The Energy Information Administration said U.S. crude oil inventories had risen by 5.5 million barrels in the week, defying expectations. Market analysts had anticipated a slight draw on supplies.
On the New York Mercantile Exchange, crude oil lost 88 cents to reach $103.06 per barrel. Reformulated blendstock gasoline prices added 0.15 cents to $2.6302 per gallon. Home heating oil gained 0.54 cents to $2.9981 per gallon. Natural gas dropped 4 cents to reach $3.51 per million British thermal units.
At the pump, the national average price of unleaded gasoline fell to $3.376 per gallon from Wednesday's $3.385, AAA's Daily Fuel Gauge Report said.
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VICTORIA, British Columbia, Oct. 4 (UPI) --
The government of British Columbia said it will launch a study to determine emissions in Kitimat, the hub of the province's proposed liquefied natural sector.
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BRASILIA, Brazil, Oct. 5 (UPI) --
Bradar, a company controlled by Embraer Defense & Security, is to map areas in Brazil subject to natural disasters and monitor environmental preservation areas.
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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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