Republicans misplace blame for oil prices – Daily Illini


Daily Illini
Republicans misplace blame for oil prices
Daily Illini
Now, they are angry that the Obama administration hasn't done enough to stop rising oil prices. Republican presidential candidates have been quick to jump on the anti-Obama bandwagon. Newt Gingrich, for instance, has pointed the finger of blame by
Oil report may give Obama wiggle room on Iran sanctionsChicago Tribune

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CORRECT: GLOBAL MARKETS: European Stocks Down; Oil Price Weighs – Wall Street Journal


Telegraph.co.uk
CORRECT: GLOBAL MARKETS: European Stocks Down; Oil Price Weighs
Wall Street Journal
("GLOBAL MARKETS: European Stocks Down; Oil Price Weighs, G-20 Disappoints," at 1219 GMT, misstated in the third paragraph the time the European stock indexes were trading. The correct version follows:) By Ishaq Siddiqi & Andrea Tryphonides Of DOW
US stock market futures follow European markets lower as oil price spike The Republic
Oil drop lifts Wall Street; dollar upReuters India
GLOBAL MARKETS-Oil drop lifts Wall St; dollar upReuters
Reuters UK
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Yokohama’s AVID Ascend available March 1 – Modern Tire Dealer


Autochannel (press release)
Yokohama's AVID Ascend available March 1
Modern Tire Dealer
Yokohama Tire Corp. is utilizing its orange oil technology once again with the introduction of the AVID Ascend. Yokohama says the tire is the first to collectively achieve exceptional all-season performance, and excellent tread life and fuel efficiency
Automotive Performance Brands – Yokohama's Latest Orange Oil Tire, the AVID Autochannel (press release)

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Obama welcomes plan for new Oklahoma-to-Texas coast oil pipeline – Austin American-Statesman


Austin American-Statesman
Obama welcomes plan for new Oklahoma-to-Texas coast oil pipeline
Austin American-Statesman
As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. WASHINGTON — The White House on Monday welcomed a Canadian company's plan to build the Oklahoma-to-Texas portion

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Recon Technology Announces Its Return to Compliance with Nasdaq Marketplace … – MarketWatch (press release)

Recon Technology Announces Its Return to Compliance with Nasdaq Marketplace
MarketWatch (press release)
27, 2012 /PRNewswire via COMTEX/ — Recon Technology, Ltd (UTD:RCON) , a Chinese non-state-owned oil and gas automation services provider (the "Company"), announced today that it received a letter from Nasdaq OMX Group ("Nasdaq") on February 24,

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San Francisco Bay Sets Stage For Battle Over Next Generation Oil – AOL Energy


Bloomberg
San Francisco Bay Sets Stage For Battle Over Next Generation Oil
AOL Energy
Meanwhile, oil prices would rise to $210 by 2035 as the number of passenger cars soars to 1.7 billion, the report said. Demand increase coupled with resource depletion has set the stage for the dramatic entrance by the nascent technologies offered by
President Obama Announces Funding For Breakthroughs In Natural Gas And Oil and Gas Online
Our View: Energy policy: You know the drillSouthCoastToday.com
Obama's solution to high gas prices: Pond scumExaminer.com

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Lufkin Industries to Acquire Zenith Oilfield Technology – MarketWatch (press release)

Lufkin Industries to Acquire Zenith Oilfield Technology
MarketWatch (press release)
Zenith's technology allows oil and gas producers to measure down-hole conditions with real-time, accurate and repeatable data and adjusts surface equipment accordingly. "Zenith's capabilities, combined with Lufkin's existing automation control
Lufkin Industries to Acquire Zenith Oilfield Technology for 80.7M PoundsBenzinga

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Driving the politics out of gas prices – Washington Post


Auburn Journal
Driving the politics out of gas prices
Washington Post
In fact, without those higher crude prices, there would have been less incentive for US entrepreneurs to invest in fracking technology and produce the extraordinary new sources of shale oil in North Dakota and elsewhere that are creating jobs and
Oil FearAuburn Journal
Oil slips below $109 after 14 pct gain in Feb.Austin American-Statesman
Zakaria: Obama's oil problemCNN (blog)
Evansville Courier & Press –The Moral Liberal –Texas Insider
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Lufkin To Buy Zenith Oilfield For $126.6M; To Offer 2.5M Shares – Wall Street Journal

Lufkin To Buy Zenith Oilfield For $126.6M; To Offer 2.5M Shares
Wall Street Journal
Lufkin Industries Inc. (LUFK) said it agreed to buy Zenith Oilfield Technology Ltd. for about $126.6 million, giving the oilfield services company a larger international footprint. Zenith, which is based in Scotland, provides monitoring and analysis
Lufkin Industries to Acquire Zenith Oilfield TechnologyMarketWatch (press release)
Lufkin to buy UK's oilfield services companyReuters
Lufkin Industries to Acquire Zenith Oilfield Technology for 80.7M PoundsBenzinga
Upstream Online
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Texas oil field service provider gains Ohio Job Creation Tax Credit – Canton Repository


Plain Dealer
Texas oil field service provider gains Ohio Job Creation Tax Credit
Canton Repository
By Anonymous The Ohio Tax Credit Authority has awarded a 65-percent, seven-year Job Creation Tax Credit to Houston-based Baker Hughes, an oil field service provider, to build a $64 million facility in Massillon and create 700 full-time jobs.
Baker Hughes step closer to city with approval of tax incentivesMassillon Independent
Baker Huges to hire 700 people in Massillon, invest $64 million to serve shale Plain Dealer

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TransAtlantic Petroleum plans sale of oilfield services business for $164M – Winnipeg Free Press

TransAtlantic Petroleum plans sale of oilfield services business for $164M
Winnipeg Free Press
HAMILTON, Bermuda – TransAtlantic Petroleum Ltd. (TSX:TNP) announced Monday it plans to sell its oilfield services business for $164 million. The business, substantially comprised by wholly owned subsidiaries Viking International Ltd. and Viking
TransAtlantic Petroleum Ltd. Announces Non-Binding Letter of Intent to Sell MarketWatch (press release)

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Statoil venture finds large oil field off Brazil – CBS News


Offshore Oil and Gas Magazine
Statoil venture finds large oil field off Brazil
CBS News
(AP) OSLO, Norway — Norway's Statoil says its joint venture with Petrobras and Repsol Sinopec has discovered oil some 195 kilometers (120 miles) off the Brazilian coast in the Atlantic Ocean. The field is nearly one-and-a-half miles below the ocean's
Statoil: New Brazilian pre-salt oil discoveryReuters
Brazil: Repsol Makes Significant Oil Discovery In Campos BasinEurasia Review

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Total, ExxonMobil, Chevron hail first oil from Usan field – The Nation


Myjoyonline.com
Total, ExxonMobil, Chevron hail first oil from Usan field
The Nation
By Emeka Ugwuanyi 2 minutes ago The shareholders of one of Nigeria's deepwater mega oil fields, Usan field, Total, ExxonMobil, Chevron and Nexen are celebrating the first oil from the field, which is expected to produce 180000 barrels of oil per day.
Deep-water oil work started in NigeriaUPI.com
Crude Production Peaks At About 2.68 Million Barrels Per DayAllAfrica.com
Nigeria's crude production peaks at about 2.68m bpdMyjoyonline.com
Energy Business Review –Your Industry News (press release) –San Francisco Business Times
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Iran Discovers New Hydrocarbon Field – HispanicBusiness.com


HispanicBusiness.com
Iran Discovers New Hydrocarbon Field
HispanicBusiness.com
Iran will announce the details on the discovery of a new hydrocarbon field in the near future, the official with the National Iranian Oil Company stated. The details may be announced by the end of the current calendar year (March 19), Mahmoud Mohaddes,
Crude Oil Advances in New York Trading; Futures Headed for Weekly GainBloomberg
Benchmark oil price hits a 9-month high, near $108Plain Dealer
Iranian Oil – Why Oil at $200 a Barrel Justifies a $100 Billion InvestmentMoney Morning Australia

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Field could be producing oil for public usage within two years – Irish Examiner


Proactive Investors UK
Field could be producing oil for public usage within two years
Irish Examiner
"If this oil field was in the North Sea, it would have been developed before now," he added. Originally discovered in the 1970s, the Barryroe field has a 20km strike distance, or a total spatial area of 300sq km. Technical obstacles, handling costs and
Shares in Irish oil firm surge on discoveryIrish Times

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NYMEX-Oil slips after recent rally; supported by supply fear – London South East


Moneycontrol.com
NYMEX-Oil slips after recent rally; supported by supply fear
London South East
India………….. S.Korea………… Indonesia……. CRUDE OIL INVENTORY DATA Japan… US… Europe… CRUDE OIL PRODUCTION/OILFIELD NEWS OPEC output survey… New Asian fields… New Africa fields… New Europe fields.. New Americas fields.
Intense efforts being made in exploration activities in India and Abroad Press Information Bureau (press release)
Recent gas price rise causes a stir in the Presidential RacePublic Radio International PRI

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Oil prices drop as investors cash in on 7-day surge; retail gasoline price up … – Washington Post


Moneycontrol.com
Oil prices drop as investors cash in on 7-day surge; retail gasoline price up
Washington Post
NEW YORK — Oil prices took a breather on Monday, falling slightly as investors booked some profits after a seven-day surge. Retail gasoline prices continued to climb, adding five cents over the weekend for a national average of $3.70 per gallon.
Oil prices fall after 7-day surgeAlbany Times Union

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US stock futures fall on high oil prices – Ventura County Star


AFP
US stock futures fall on high oil prices
Ventura County Star
AP NEW YORK — NEW YORK (AP) – Worries that high oil prices could hurt the economic recovery pushed US stock futures lower Monday, after similar declines in overseas markets. Dow Jones industrial average futures were down 49 points to 12912.
CORRECT: GLOBAL MARKETS: European Stocks Down; Oil Price WeighsWall Street Journal
US stocks tumble as high oil price weighsAFP
US stocks tumble on oil price concernsEconomic Times
Newser –Winnipeg Free Press
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High oil price weighs on stocks but upbeat US housing data helps Wall Street … – Washington Post


Boston.com
High oil price weighs on stocks but upbeat US housing data helps Wall Street
Washington Post
LONDON — High oil prices weighed on markets Monday, but strong housing data from the US and Germany's approval of the last Greek bailout helped limit losses in Europe and push Wall Street higher. Sentiment in the markets has been buoyed in recent
Elevated oil price weighing on stock marketsBoston.com
Markets consolidate, oil remains riskReuters
Oil price rise sparks profit concerns in AsiaFinancial Times
BusinessWeek
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Higher oil prices reignite debate – The Seattle Times


Business Insider
Higher oil prices reignite debate
The Seattle Times
It was from the oil economist Phil Verleger, and it read: "Should the United States join OPEC?" That I had to open. Verleger's basic message was that the knee-jerk debate we're again having over who is responsible for higher oil prices fundamentally
Letter: Oil companies taking Americans for a ridePrescott Daily Courier

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Analysis: Oil price rise raises specter of global recession – Reuters India


Firstpost
Analysis: Oil price rise raises specter of global recession
Reuters India
By Zaida Espana and Dmitry Zhdannikov | LONDON (Reuters) – A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared to the economic shock an Israeli attack on Iran would cause. Oil
Iran's Crude Oil Price Exceeds $124 in Asian MarketsHispanicBusiness.com
Oil price rise raises spectre of global recessionNDTV
Oil prices rising to near 2011 highsSpringfield News Sun
Firstpost
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