January 29th, 2015

Oil spill reported in North Dakota – UPI.com


UPI.com
Oil spill reported in North Dakota
UPI.com
BISMARCK, N.D., Jan. 29 (UPI) — The North Dakota Department of Health announced an oil spill in the western part of the state, at the least third release so far this month. The state agency said Oasis Petroleum reported that 490 barrels of oil and 455
Cleanup Underway on 15000 Gallon Oil SpillValley News Live
Tanks overflow, cause oil spill near WillistonINFORUM
Pipeline not state-inspected before 3M-gallon saltwater leakKSN-TV

all 197 news articles »

January 29th, 2015

Ewing police arrest man accused of trying to rob Exxon gas station with knife – NJ.com

Ewing police arrest man accused of trying to rob Exxon gas station with knife
NJ.com
EWING – Ewing police arrested a man accused of trying to rob an Exxon gas station using a knife Wednesday. David Moore, 25, of Ewing, who had a folding knife and hypodermic needles on him, was charged with robbery, attempted robbery, possession of a …

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January 29th, 2015

Occidental Petroleum Beats on Q4 Earnings, Down Y/Y – Zacks.com

Occidental Petroleum Beats on Q4 Earnings, Down Y/Y
Zacks.com
Occidental Petroleum Corporation (OXY – Analyst Report) reported fourth-quarter 2014 adjusted earnings of 72 cents per share, surpassing the Zacks Consensus Estimate of 68 cents by 5.9%. On a year-over-year basis, however, quarterly earnings plunged …

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January 29th, 2015

Chevron – Bottom Fishing This Sell-Off – Forbes


Forbes
Chevron – Bottom Fishing This Sell-Off
Forbes
Earnings and management outlooks are coming for Chevron tomorrow (Friday, 1/30, before the market opening). Interestingly, the stock has drifted down to its recent low of about $100 per share, perhaps riding the recent oil price sag and stock market slump.
Chevron relies on refineriesIG
Chevron Preview: Lower Oil Prices, Flat Production To Weigh On Upstream Trefis

all 5 news articles »

January 29th, 2015

Where Is All That Excess Oil Going? – NPR (blog)


NPR (blog)
Where Is All That Excess Oil Going?
NPR (blog)
The last time this happened was in 2008-2009, after the price of crude oil plummeted to about $35 barrel amid a global downturn. At least 70 million barrels were stored on tankers until the price rebounded. Crude oil is now selling for less than $50

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