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Today's oil prices drop as demand prospect weakens

2013-05-28 01:00:00| Offshore Technology

Oil prices declined today over expectations about the global economy and excess supply, while investors anticipate the start of the summer driving season in the US will boost prices.

Tags: prices oil drop demand

 

With U.S. Awash in Oil, Nat'l Interest Argument for Keystone Weakens

2013-05-21 13:06:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: U.S. oil production is suddenly growing so fast that some analysts are questioning how much the country really needs the Canadian tar sands oil that would move through the proposed Keystone XL pipeline. This month, the U.S. Energy Information Administration (EIA) said it expects domestic crude oil production to surge 20 percent by the end of 2014 from its level at the start of this year. That means an additional 1.4 million barrels of U.S.-produced oil will be available each dayabout twice as much...

Tags: interest oil argument natl

 
 

Interior Department Bows to Pressure from Oil and Gas Industry, Weakens Fracking Rules

2013-05-16 21:51:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The U.S. Department of the Interiors Bureau of Land Management (BLM) proposed an updated set of rules governing hydraulic fracturing, on public lands today. The controversial oil and gas development technique--in which drillers blast millions of gallons of chemically treated water into the earth to force oil and gas from underground deposits--has been linked to air and water pollution and public health problems. Comparing todays rule governing fracking on public lands with the one proposed...

Tags: department industry rules pressure

 

Cisco inadvertently weakens password encryption in its IOS operating system

2013-03-20 20:22:08| InfoWorld: Top News

The password encryption algorithm used in some recent versions of the Cisco IOS operating system is weaker than the algorithm it was designed to replace, Cisco revealed earlier this week.

Tags: system password operating cisco

 

Samsonite Plans to Boost Japan Luggage Prices as Yen Weakens

2013-03-19 09:24:09| Jewelry - Topix.net

Samsonite International Sa , the world's largest branded-luggage maker, plans to raise prices in Japan by as much as 12 percent as a weaker yen cuts the dollar value of sales in the country.

Tags: japan prices plans boost

 

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