Quantcast

Latest Strategic Petroleum Reserve Stories

2011-08-19 08:30:00

CHICAGO, Aug. 19, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: ExxonMobil (NYSE: XOM), Chevron Corp. (NYSE: CVX) ConocoPhillips (NYSE: COP) Valero (NYSE: VLO) and Tesoro (NYSE: TSO). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from...

2011-06-30 18:16:00

FORT LEE, N.J., June 30, 2011 /PRNewswire/ -- The National Inflation Association - http://inflation.us - today released the following U.S. inflation update to its NIA members: NIA is very disturbed by President Obama's decision to sell off oil from the U.S. emergency oil reserve, in an attempt to drive down oil prices. One week ago it was announced that the U.S. and other oil-consuming nations that are a part of the International Energy Agency (IEA) will begin releasing 60 million barrels...

2011-06-23 11:21:00

HOUSTON, June 23, 2011 /PRNewswire-USNewswire/ -- Jim Noe, executive director of the Shallow Water Energy Security Coalition, released the following statement regarding the government's announcement that it will sell 30 million barrels of oil from the Strategic Petroleum Reserve: Today's action by the administration to release 30 million barrels of oil from our strategic petroleum reserves represents the latest example of its seemingly ad hoc approach to managing U.S. energy policy....

2011-06-23 10:44:00

WASHINGTON, June 23, 2011 /PRNewswire-USNewswire/ -- National Petrochemical & Refiners Association President Charles T. Drevna today criticized the decision by the Obama administration to release 30 million barrels of oil from the Strategic Petroleum Reserve. (Logo: http://photos.prnewswire.com/prnh/20110309/MM60639LOGO) Drevna said: "Releasing oil from the Strategic Petroleum Reserve today, when gasoline prices are falling and there is no supply shortage, makes no sense and...

2011-03-11 11:56:00

Issue Brief Examines Energy Use, Causes and Effects of Oil Shocks, Policies That Will and Will Not Help Protect the U.S. Economy WASHINGTON, March 11, 2011 /PRNewswire-USNewswire/ -- In advance of President Obama's press conference on the ongoing unrest in the Middle East and rising oil and gasoline prices, Securing America's Future Energy (SAFE) today released "Oil Shock: Options for Policymakers," a paper examining the causes and effects of oil price spikes, along with a menu of...

2010-08-02 13:58:00

PALM BEACH GARDENS, Fla., Aug. 2 /PRNewswire/ -- WSI has been awarded the contract to provide security services to the Department of Energy's Strategic Petroleum Reserve (SPR), located along the Gulf Coast with sites in Louisiana and Texas. The SPR is the largest stockpile of government-owned crude oil in the world and provides the United States strategic and economic protection against disruptions in oil supply. It was established by the Energy Policy and Conservation Act of 1975...

2008-10-06 12:00:36

By JOHN PORRETTO ConocoPhillips says production may dip HOUSTON -- ConocoPhillips, the third-largest U.S. oil company, said Thursday that global production of oil and natural gas in the third quarter was likely flat or slightly below second-quarter levels, in part from disruptions caused by two storms in the Gulf of Mexico. The Houston-based company said hurricanes Gustav and Ike, which shut down Gulf production for several weeks in late August and September, would have a negative...

2008-10-06 03:00:25

By Kasey, Pam The federal government's announced willingness to open the Strategic Petroleum Reserve helped to keep oil prices down as Hurricane Gustav threatened Gulf Coast oil processing facilities. "This is what the Strategic Petroleum Reserve was invented for, for crises, not random price or general supply and demand, but for crises," said Jack Rafuse during a news conference on Sept. 4, after the hurricane struck the Louisiana coast Sept. 1. Rafuse, a 25-year official with the...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'