Oil News

Oil Curve Steeper Than '99 Shows Possible Gain in '09 - Bloomberg

Posted 21 minutes ago

The Money TimesOil Curve Steeper Than '99 Shows Possible Gain in '09Bloomberg - 12 hours ago5 (Bloomberg) — The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide. …Oil above $48 as investors eye Gaza conflict, OPEC The Associated PressOil rises on geopolitical tensions, stimulus plans … [Link]

Venezuela’s Chavez Scraps US Heating Oil Program - Bloomberg

Posted 21 minutes ago

Boston GlobeVenezuela’s Chavez Scraps US Heating Oil ProgramBloomberg - 11 hours ago5 (Bloomberg) — Venezuelan President Hugo Chavez, under pressure to maintain domestic social programs as his country’s oil income falls, …Citizens Energy giveaway imperiled as Venezuela halts its oil … Boston GlobeCitgo Stops US Oil Gifts in Sign Chávez Feels Pain Wall Street JournalVenezuela Suspends Heating Aid to the … [Link]

China Accelerates Filling Up Its Oil Reserves - Wall Street Journal

Posted 21 minutes ago

Emirates Business 24/7China Accelerates Filling Up Its Oil ReservesWall Street Journal - Jan 4, 2009By CAROLYN CUI As the US seeks to stockpile oil, China has been doing the same, observers say, and is expected to quicken the pace — a development that …Fill the Strategic Petroleum Reserve, Right Now! FOXNewsStop!! The Energy Department From Hiking Oil Prices By … … [Link]

In Reversal, Gas Prices Creep Up - New York Times

Posted 21 minutes ago

RTT NewsIn Reversal, Gas Prices Creep UpNew York Times, United States - 7 hours agoA broad shift in the psychology of the oil market seems to be underway. Oil prices are up more than 40 percent since they bottomed out just below $33 a …Gasoline prices rise Los Angeles TimesGas prices jump again CNNOil Soars To Monthly High Above $48 … [Link]

Calls to use oil as weapon in Gaza fight fall flat - The Associated Press

Posted 21 minutes ago

The Associated PressCalls to use oil as weapon in Gaza fight fall flatThe Associated Press - 14 hours agoDUBAI, United Arab Emirates (AP) — The call to use oil as a weapon against Israel's friends once would have echoed in capitals across the Middle East and …Iranian commander says to cut oil sales to Israel's backers ReutersGulf OPEC to ignore … [Link]

Kuwait joins OPEC peers with deeper oil supply cuts - guardian.co.uk

Posted 21 minutes ago

SifyKuwait joins OPEC peers with deeper oil supply cutsguardian.co.uk, UK - 5 hours agoTOKYO, Jan 6 (Reuters) - Kuwait will deepen oil supply curbs to its main customers in Asia later this month, refiner sources said on Tuesday, …Oil prices rise as OPEC eyes special meeting AFPOil Bulls Take a Tentative Peek Outside BNETIran budget to be based on oil … [Link]

Eni says Nigeria break cuts oil output by 12000 bpd - Reuters

Posted 21 minutes ago

Eni says Nigeria break cuts oil output by 12000 bpdReuters - 21 hours agoMILAN, Jan 5 (Reuters) - Italian oil and gas group Eni SpA (ENI.MI) said on Monday the closure of a pumping station in Nigeria following a spillage incident …Explosion cuts daily oil output by 12000 barrels The Associated PressEnergy Roundup: Nigerian Oil Explodes, Peco Buys Wind, and … [Link]

Chavez Says He’ll ‘Protect’ Dollars Amid Drop in Oil - Bloomberg

Posted 21 minutes ago

guardian.co.ukChavez Says He’ll ‘Protect’ Dollars Amid Drop in OilBloomberg - 9 hours ago5 (Bloomberg) — Venezuelan President Hugo Chavez said he’ll take steps to save dollars as a tumble in oil curbs the South American country’s export revenue …Venezuelan subsidiary halts low-income oil help Denver PostVenezuela's Chavez Sees Stability Returning to Oil Markets Latin American Herald TribuneEDITORIAL: 'Dearest Hugo . … [Link]

Pequot’s Wien Predicts Rallies in Stocks, Oil, Gold - Bloomberg

Posted 21 minutes ago

Pequot’s Wien Predicts Rallies in Stocks, Oil, GoldBloomberg - 10 hours agoHe also predicted gold will climb to a record $1200 an ounce and oil will advance to $80 a barrel. “In anticipation of a second-half recovery in the US …Wien: Oil Prices Higher as Economy Recovers NewsMax.comall 11 news articles [Link]

LATIN AMERICAN MARKETS: Brazil Bounces 3% Higher; Mexican Shares Eases - CNNMoney.com

Posted 21 minutes ago

LATIN AMERICAN MARKETS: Brazil Bounces 3% Higher; Mexican Shares EasesCNNMoney.com - 5 hours agoStrength in materials and energy stocks as prices for crude oil rallied helped pull most of Latin America's equity markets higher Monday. …Latin America stocks gain on US construction data The Associated Pressall 60 news articles [Link]

Lotus Targets Tesla With An EV Of Its Own - Wired News

Posted 30 minutes ago

Lotus Targets Tesla With An EV Of Its OwnWired News - 10 hours agoBy Chuck Squatriglia January 05, 2009 | 4:42:56 PMCategories: Electric Vehicles Lotus, the iconic British automaker that helped Tesla Motors and Chrysler …UK: Lotus to build own PHEV Automotive World (subscription)Lotus to Build Electric Vehicles Earth2Techall 8 news articles [Link]

Tesla Motors hands keys to 100th Roadster owner - San Jose Mercury News

Posted 30 minutes ago

Tesla Motors hands keys to 100th Roadster ownerSan Jose Mercury News, USA - Dec 10, 2008Tesla Motors on Tuesday honored Menlo Park businessman Sam Perry, known nationally for being the man Oprah Winfrey clung to during President-elect Barack …Pizarro: Children's Musical Theater hires former Mercury News … San Jose Mercury Newsall 12 news articles [Link]

Showing Off Green Cars Amid Economic Gloom - Greentech Media

Posted 30 minutes ago

DailyTechShowing Off Green Cars Amid Economic GloomGreentech Media, MA - Jan 2, 2009Startup carmaker such as Fisker Automotive and Tesla Motors will show off their electric rides at the show. Fisker Automotive, based in Irvine, Calif., …Detroit Auto Show: 5 Automakers to Watch Earth2Techall 70 news articles [Link]

Tesla Motors asks the government for much-needed funds - DailyTech

Posted 30 minutes ago

HispanicBusiness.comTesla Motors asks the government for much-needed fundsDailyTech, IL - Dec 11, 2008Tesla Motors has been a headliner when it comes to electric vehicles thanks to its Roadster which features a $100000+ price tag. However, the downturn in …Tesla Motors looks for green loans The Daily Deal (subscription)Tesla Motors seeking $400 million from Energy Department funds LeftLane NewsTesla plant in … [Link]

2009 Detroit Auto Show: Tesla Motors Model S Not Coming to Detroit - Edmunds.com/Inside Line

Posted 30 minutes ago

2009 Detroit Auto Show: Tesla Motors Model S Not Coming to DetroitEdmunds.com/Inside Line, CA - Dec 11, 2008(Photo courtesy of Tesla Motors) SAN CARLOS, California — Inside Line has confirmed that Tesla Motors' highly anticipated Model S sedan will not be unveiled … [Link]

Tesla Motors' Elon Musk Makes Foray into Enemy Territory at … - Edmunds.com/Inside Line

Posted 30 minutes ago

Tesla Motors' Elon Musk Makes Foray into Enemy Territory at …Edmunds.com/Inside Line, CA - Dec 17, 2008Tesla Motors is not sending its electric Roadster (pictured) to the 2009 Detroit Auto Show. (Photo courtesy of Tesla Motors) On the other hand, it's sending …Society of Automotive Analysts' 2009 Automotive Outlook Conference … PR Newswire (press release)all 5 news articles [Link]

Report Says Lotus Will Build a Battery-Powered Car - Edmunds.com/Inside Line

Posted 30 minutes ago

Report Says Lotus Will Build a Battery-Powered CarEdmunds.com/Inside Line, CA - Jan 2, 2009(Photo courtesy of Tesla Motors) The Fisker Karma (pictured) would be another logical competitor for a battery-powered Lotus. (Photo courtesy of Fisker …Look out Fisker and Tesla! Lotus to jump into EV game! AutoblogLotus working on range-extending electric vehicle Motor Authorityall 8 news articles [Link]

Tesla Downshifts for Rough Road Ahead - EV World

Posted 30 minutes ago

EV WorldTesla Downshifts for Rough Road AheadEV World, NE - Dec 28, 2008Elon Musk's electric sports car company, Tesla Motors, said in September that it would build a factory in San Jose to produce its new sedan. …Green-tech growing pains CNET NewsDaily Sprout Earth2Techall 5 news articles [Link]

10 Memorable Cleantech Lawsuits From 2008 - Earth2Tech

Posted 30 minutes ago

10 Memorable Cleantech Lawsuits From 2008Earth2Tech, CA - Jan 4, 2009Tesla: Tesla Motors had more than its fair share of lawsuits in 2008. First of all Magna Powertrain, which designs, tests and makes powertrains, … [Link]

Electric cars coming soon to a road near you - San Jose Mercury News

Posted 30 minutes ago

Electric cars coming soon to a road near youSan Jose Mercury News, USA - Dec 26, 2008Now, with fresh concerns about global warming and everyone from Silicon Valley's Tesla Motors to big automakers like GM and Toyota talking about the … [Link]