Peter Beutel

Oil prices sink on growing worries about demand

NEW YORK (AFP) - Oil prices sank Monday amid worries about a deepening global financial crisis that is crimping demand, stoked by news that Japan, the second-largest economy, has followed the eurozone into recession.

Green Your Routine: Editor's Introduction (at CNBC)

GREEN, GREEN YOUR ROUTINE, SUSTAINABILITY, CLIMATE CHANGE, ENVIRONMENT, ALTERNATIVE ENERGY, RENEWABLE ENERGY, MARRIOTT INTERNATIONAL, GREEN GIFTS, CHRISTINE WHITMAN, SOLAR DESIGN ASSOCIATES, STEVEN STRONG, HYBRID VEHICLES It's...

Guns, Ammo, And Christmas Spam … And Then Come The “Obama Babies” - With Videos

Alright, all you right wingnuts with butts and guns … We all have a crystal clear idea of what is coming down the pike at us the next four years … unless there is Divine intervention in the 2010 elections. They talk about this...

A Reprieve Only

One oil analyst says, even though oil prices have dropped dramatically in the past four months, the U.S. must continue to work to develop alternative sources of energy. "We need to not take our eye off the ball here over the...

Oil prices near $60 on recession fears

Tuesday, November 11, 2008 1:45 PM PST HOUSTON - Oil prices neared $60 a barrel Thursday, the lowest point in about a year and a half, as a growing number of economic reports point to a long and painful recession. Light, sweet...

Oil drops below $60 per barrel; gasoline continues plunge

Crude oil prices sank 5% Tuesday on another round of dismal global economic news, dipping below $60 a barrel a 20-month low and raising the prospect of even-cheaper gasoline. Peter Beutel, president of Cameron Hanover, an...

Unemployment rate hits 14-year high

A Labor Department report shows 240,000 jobs were lost in October. Worries about the weak U.S. jobs market were confirmed this morning, after the Labor Department reported that the economy shed 240,000 jobs in October -- the...

Oil falls nearly $2 on weak demand

By Edward McAllister NEW YORK (Reuters) - Oil fell nearly $2 on Friday as weak demand and the global economic crisis put crude on track for the biggest monthly drop ever. U.S. crude fell $1.82, or almost 3 percent, to $64.14 a...

Natural gas prices heat up as northern temps drop

Natural gas in New York rose for the third time in four days as lower temperatures next week may boost demand for the heating fuel. “It’s hard for people to take a bearish attitude in a market where it’s half the price it was...

Oil drops 3 percent, set for record monthly slide

By Edward McAllister NEW YORK (Reuters) - Oil fell nearly $2 on Friday as weak demand and the global economic crisis put crude on track for the biggest monthly drop ever. U.S. crude fell $1.82, or almost 3 percent, to $64.14 a...

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