Topic: Lipow Oil Associates LLC
Many gasoline stations in areas hardest hit by hurricane Sandy remain closed, forcing motorists into long lines for precious fuel. Will pipeline, terminals, and other distribution facilities reopen before gas prices spike?
Oil identified as coming from the Macondo well, site of the 2010 Deepwater Horizon disaster, is leaking into the Gulf of Mexico at the rate of 100 gallons per day. The Coast Guard is investigating.
Reports from the Energy Department released this week show that overall crude output in the US rose 3.7 percent to 6.5 million barrels per day by the week of September 21, according to Consumer Energy Report.
Commodities like oil, gold, and copper all fell this week. Silver led the plunge in commodities with a 28 percent decline.
05/07/2011 03:07 pm
The Dow average rose 59 points on Friday, but was down 1 percent for the week.
03/11/2011 06:01 pm