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Picking Winners if Oil Falls
Summary from United States, from articles in English
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IT'S one of the biggest what-ifs in the markets: What if oil prices stage a significant and persistent retreat? The question took on some urgency this week when crude oil lost about $16 a barrel, or more than 11 percent. (article 8)
The vast majority of the outer continental shelf is already open to oil exploration: Areas containing an estimated 82% of all of the natural gas and 79% of the oil are today available to energy companies through existing federal leases. (article 5)
Upon entering Congress in 1987, Representative Nancy Pelosi quickly became part of the solid California front against oil drilling along much of the nation's coast. (article 4)
The Santa Barbara oil spill in 1969 and the steady push to tap the potential reserves off the state's rugged coast had galvanized Californians and made opposition to offshore drilling part of the political DNA of up-and-coming figures like Ms. Pelosi. (article 4)
With gasoline prices soaring, those drilling restrictions are facing their most severe test in years as calls intensify to pursue domestic oil more forcefully. (article 4)
After trading at a record high of $147 a barrel Friday, the price of oil saw its largest one-day drop since the 2003 beginning of the Iraq war on Tuesday, falling $6.44 a barrel. (article 2)
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Other stories about OIL, Prices and barrel:
Event tracking:
Story keywords
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OIL, Prices, barrel, energy, crude |
Source articles
- Letters to the editor (L.A. Times, 07/19/2008, 543 words)
- The Immediate Benefit Of Offshore Drilling, National Review: The Idea That Drilling Won't Bring Down Gas Prices Is Wrong (CBS News, 07/17/2008, 980 words)
- NO DRILLING FOR US OIL: A NOT-SO-SLICK CONGRESS (NY Post, 07/18/2008, 451 words)
- For Pelosi, a Fight Against Offshore Drilling (nytimes.com, 07/17/2008, 1013 words)
- The distraction of offshore drilling (L.A. Times, 07/19/2008, 585 words)
- Gore's "bigger offer" on energy (seattletimes.nwsource.com, 07/18/2008, 761 words)
- Chief Says Exxon Will Keep Doing What It’s Doing (nytimes.com, 07/19/2008, 1087 words)
- Picking Winners if Oil Falls (nytimes.com, 07/19/2008, 721 words)
- FOXNEWS.COM HOME > OPINION (FOX News, 07/18/2008, 767 words)
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blaster@cs.columbia.edu
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