Saudi Arabia’s plans to expand local refineries while maintaining its share of the global crude market point to one thing: higher production.
France, Germany and Italy have all agreed to follow Britain's lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution.
Workers fired from U.S. shale fields after the collapse in oil prices could soon have a new boss: the nation some blame for driving that decline.
French oil major Total is auctioning a stake in one of the UK's most promising natural gasfields, sounding out possible buyers in what could be the first of a wave of deals in the North Sea.
An oil train derailment and spill in northwest Illinois poses an "imminent and substantial danger" of contaminating the Mississippi River, the U.S. Environmental Protection Agency said Saturday. The government needs to stop all oil and chemicals being transported by rail. The rail system is just not safe enough to transport these products. Three train wrecks in three weeks is not a safe or environmentally way to transport these.
What has happened to all that share the wealth that the Obama Administration has been talking about. The other counties can not tax the wealthy countries like the US that has been sitting on all that oil, but they can impose sanctions on the wealthy. Maybe it is time for the other countries of the world to impose sanctions on the US and force them to share their wealth with the rest of the world. I do not know if the US can be ranked as the 1% of the world wealthy, but pretty close.
You would think that when some one is being interviewed on CNBC and the other people on the desk that is not interested in hearing what they have to say would turn off their microphone. I hate it when they are interviewing some one and hearing someone on the desk pounding on a key board or rustling through a newspaper. Turn off your microphones, please.
The media was all for government regulations for the banks. Government regulations on the banks was a good thing. When Jamie Diamond spoke out that the government regulations was hurting the banking business, the media called him a whiner, a cry baby. Now the supporters of the Obama administration are getting hit with government regulations, they are all saying this will hurt their business, a bunch of whiners or cry babies. I wish Jamie Diamond would come out and say government regulation on the internet is a great thing. What is good for the goose is good for the gander. I just love all the whiners on TV now.
The company is in talks to acquire Aruba Networks Inc., people with knowledge of the matter said. A purchase of Aruba, which has a market value of about $2.4 billion, may be announced as early as next week.
The richest country in the world is sitting on all this oil and not exporting any of it to the rest of the world. What has happened to spread the wealth? The other countries in the world should demand that the US share their wealth with the world. Maybe they need to put sanctions on the US and force the Obama administration to start exporting oil to the rest of the world. Why does the Obama administration want to hold the rest of the world hostage? Tell king Obama to share the wealth.
The wage increase is just what the Obama administration is looking for. Now WMT needs to run that program that will increase all their item retail up about 3% to 4% so that will start to see some inflation. Now we need to get all the suppliers to WMT to increase their wages so they can increase the cost to WMT and we can really kick start some inflation here in the US.