Peak Oil in the News

Warning: fopen(/usr/local/apache/www/peakoilinthenews.com/htdocs/counts/total) [function.fopen]: failed to open stream: No such file or directory in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: fwrite(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: fclose(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: fopen(/usr/local/apache/www/peakoilinthenews.com/htdocs/counts/ 2006 11 30.htm) [function.fopen]: failed to open stream: No such file or directory in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: fwrite(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Warning: fclose(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/11/30.htm on line 47

Peak Oil News Thursday November 30th 2006

Oil Prices Rise After Data Show Drop In Crude Inventory
(Nasdaq: Wed, 29 Nov) (RTTNews) - Oil prices jumped sharply higher on Wednesday, after government statistics showed a decline in petroleum inventories. The advance took crude to a level just below $62.50 per barrel, setting a 2-month peak.

Oil rises to two-month high near $63
(Reuters via Yahoo! News: Thu, 30 Nov) Oil climbed to a two-month high near $63 on Thursday, building on the previous session's gains after an unexpected drop in U.S. winter fuel stocks and signs of solid economic growth in the world's top consumer.

Oil steady above $62, US fuel stocks support
(Reuters via Yahoo! News: Thu, 30 Nov) Oil steadied above $62 on Thursday, taking a breather from a three-day rally sparked by an unexpected drop in U.S. winter fuel stocks and signs of solid economic growth in the world's top consumer.

Oil hits 2-month high, topping $63
(CNN Money: Thu, 30 Nov) Wednesday's report shows that U.S. inventories of crude oil and refined products fell last week.

Oil prices hit month high above 61 dollars
(AFP via Yahoo! News: Wed, 29 Nov) World crude prices have recovered further, reaching a one-month peak above 61 dollars per barrel, mainly owing to expectations of colder weather in the United States' northeast region.

Oil prices extend gains
(FT.com via Yahoo! UK & Ireland Finance: Thu, 30 Nov) Oil prices continued to rise on Thursday, extending their gains from the previous session when the Energy Information Administration announced larger-than-expected falls in US crude and product inventories.

Pickens: U.S. Must Find Oil Alternative
(AP via Yahoo! Finance: Tue, 28 Nov) Texas oilman T. Boone Pickens told central Arkansas business leaders Monday that the world has reached peak oil production and the United States, in particular, needs to find alternative sources of fuel.

(AFX UK Focus) 2006-11-27 02:08 GMT: Kazakhstan's Kashagan oil field peak output 25 pct higher than forecast- report
(Interactive Investor: Mon, 27 Nov) BEIJING (XFN-ASIA) - Peak production at Kazakhstan's Kashagan oil field is now seen at 1.5 mln barrels a day, exceeding forecasts by some 25 pct, the Financial Times reported, citing international companies developing the field.

Add to: Fark | Del.icio.us | Digg | reddit | MyWeb