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Latest energy crisis Stories

2010-11-01 15:14:00

FRISCO, Texas, Nov. 1, 2010 /PRNewswire-FirstCall/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months and nine months ended September 30, 2010. Financial Results for the Three Months and Nine Months Ended September 30, 2010 Comstock reported a net loss of $4.7 million or 10 cents per diluted share for the three months ended September 30, 2010 as compared to a net loss of $12.6 million or 28 cents per...

2010-10-07 11:34:00

ASPO-USA Foresees Dramatic Decline in Oil Production, Calls for Strong Measures to Mitigate Impending Energy Crisis WASHINGTON, Oct. 7 /PRNewswire-USNewswire/ -- The Association for the Study of Peak Oil and Gas (ASPO-USA) asserted today that the world is facing a significant energy crisis, as the rate of oil production cannot keep pace with demand. The world is consuming four barrels of oil for every one discovered, more than 80 million barrels of oil per day. After 150 years of oil...

2010-10-04 15:23:00

***Media Advisory*** WASHINGTON, Oct. 4 /PRNewswire-USNewswire/ -- The following is being released by ASPO USA: What: News conference When: 12:00 p.m., Thursday October 7(th) Where: National Press Club Edward Murrow Room Coverage: Open The Association for the Study of Peak Oil and Gas (ASPO USA) is holding a news conference on the energy crisis and the drastic consequences of shrinking oil supplies on our every day lives, the economy, the environment and the...

2010-09-13 12:24:00

SAN FRANCISCO, Sept. 13 /PRNewswire/ -- California's clean energy and clean air standards could save the average household up to $670 in 2020 if oil and natural gas prices spike, according to a new study by three economists. The U.S. economy has experienced five price shocks in the last 30 years when crude oil prices rose an average of 179% in just one year. This study analyzed how much more Californians would pay if wholesale crude oil and natural gas prices doubled at the start of...

2010-08-23 09:08:00

HUNTSVILLE, Tenn., Aug. 23 /PRNewswire-FirstCall/ -- Miller Petroleum, Inc. dba Miller Energy Resources ("Miller") (Nasdaq: MILL) a high growth oil and natural gas exploration, production and drilling company announced today that it will present at EnerCom's 2010 Oil & Gas Conference on Thursday, August 26 at 1:30 p.m. Mountain Daylight Time (3:30 p.m. Eastern Daylight Time). The conference is being held at the Westin Tabor Center located at 1672 Lawrence Street in downtown Denver,...

2010-08-19 10:55:00

HUNTSVILLE, Tenn., Aug. 19 /PRNewswire-FirstCall/ -- Miller Petroleum, Inc. dba Miller Energy Resources ("Miller") (Nasdaq Global Market: MILL) a high growth oil and natural gas exploration, production and drilling company, announced today that the value of its proved, probable and possible Alaska oil and gas reserves at July 31, 2010 has increased 46% from April 30, 2010 to over $1.2 billion, using present value of future cash flows before income taxes, discounted PV-10, and using a five...

2010-08-02 15:10:00

FRISCO, Texas, Aug. 2 /PRNewswire-FirstCall/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months and six months ended June 30, 2010. Financial Results for the Three Months and Six Months Ended June 30, 2010 Comstock reported a net loss of $1.6 million or 4 cents per diluted share for the three months ended June 30, 2010 as compared to a net loss of $11.5 million or 26 cents per share for the three...

2010-07-28 16:00:00

LAFAYETTE, La., July 28 /PRNewswire-FirstCall/ -- In conjunction with PetroQuest Energy's (NYSE: PQ) release of its second quarter 2010 financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Thursday, August 5, 2010 at 9:30 a.m. Eastern time. The Company will release its results before the market opens on August 5. What: PetroQuest Energy Second Quarter 2010 Financial Results When: Thursday,...

2010-07-23 08:52:00

Manufacturers, Ag Groups Concerned Higher Prices Will Hurt Consumers and Send Jobs Overseas WASHINGTON, July 23 /PRNewswire-USNewswire/ -- A coalition of major manufacturers, agricultural organizations and other industrial energy consumers today cautioned the Senate to avoid legislating new natural gas demand in any energy or climate change bill, saying such an approach would be "misguided" given existing strong demand growth and looming regulatory and political uncertainty surrounding...

2010-07-21 11:06:00

Association Will Remain Engaged in CFTC Regulatory Process WASHINGTON, July 21 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today applauded President Obama for signing the Restoring American Financial Stability Act of 2010. ATA President and CEO James C. May, who attended today's signing ceremony by White House invitation, said, "We applaud President Obama for bringing an end to manipulation of...


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