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Petroleum Groups Say Clean Energy Bill Could Drive Up Heating Oil Costs In Connecticut, Other States

Published July 6, 2009, 4:06 am, Hartford Courant

Connecticut, where more than half of all households use heating oil to keep warm, could bear the brunt of a broad climate change bill approved by the U.S. House of Representatives last month, according to a national petroleum industry group.

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Oil plunges below $64 on fears recovery may lag

Published July 6, 2009, 4:01 am, INO News

Oil prices plunged nearly $3 to below $64 a barrel Monday as dismal unemployment figures from the U.S. and Europe last week sparked investor doubts about any nascent economic recovery.

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Economy Drives Midsize Companies to Work Smarter, Leaner: IBM Study Reveals Top 5 Trends

Published July 6, 2009, 4:00 am, PR Newswire via Yahoo! Finance

A new study by IBM of midsize organizations in 17 countries shows that companies have not been deterred from their plans for strategic IT initiatives, which range from information management and security management to social media and cloud computing -- despite a clear recognition of the need to cut costs in a difficult economy.

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Wachtell Doubles Merger Work While Deal Volume Falls 44 Percent

Published July 6, 2009, 3:48 am, Bloomberg

July 6 (Bloomberg) -- Wachtell, Lipton, Rosen & Katz , the most-profitable U.S. law firm, was the top legal adviser on mergers and acquisitions for the first half of 2009 after advising on deals worth double those it did a year ago.

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Patterson-UTI Reports Drilling Activity for June 2009

Published July 6, 2009, 3:45 am, PR Newswire via Yahoo! Finance

PATTERSON-UTI ENERGY, INC. today reported that for the month of June 2009, the Company had an average of 60 drilling rigs operating, including 58 rigs in the U.S. and 2 rigs in Canada.

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Oil plunges below $64 on fears recovery may lag

Published July 6, 2009, 3:42 am, The Daily Reflector

By midday in Europe, benchmark crude for August delivery fell $2.97 to $63.76 a barrel in electronic trading on the New York Mercantile Exchange. It last settled on Thursday at $66.73.

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EU Carbon Dioxide Permits Drop for Fifth Day as Oil Declines

Published July 6, 2009, 3:37 am, Bloomberg

July 6 (Bloomberg) -- European Union carbon dioxide permits declined for a fifth consecutive session as oil prices dropped. EU carbon allowances for December fell 18 cents, or 1.4 percent, to 12.85 euros ($17.87) a metric ton as of 10:55 a.m. on the European Climate Exchange in London.

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(AFX UK Focus) 2009-07-06 11:30 UPDATE 2-India may end fuel price curbs; cuts natgas tax

Published July 6, 2009, 3:36 am, Interactive Investor

NEW DELHI, July 6 (Reuters) - India, Asia's third-largest oil consumer, outlined plans in Monday's national budget to pull domestic fuel rates into line with global prices and waived tax on natural gas production to spur investment in exploration. Finance Minister Pranab Mukherjee said the government would form an expert group to decide on a viable fuel pricing system in an announcement just ...

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Colorado Democrat's decision ruffles political feathers

Published July 6, 2009, 3:33 am, The Vail Trail

U.S. Rep. John Salazar voted against the American Clean Energy Security Act

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Pairing wines with grilling favorites

Published July 6, 2009, 3:29 am, San Francisco Chronicle

Next weekend, Memorial Day kicks off the grilling season. It's time for dusty grills and barbecue skills to re-emerge with thoughts of fire and succulent fare. Finding something to grill is usually easy. Choosing a liquid refreshment to take on and enhance...

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