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Latest Middle Atlantic U.S. Oil & Gas News

  • For Stocks, Escaping Bear Hinges on Oil, GE 7 Jul 2008 00:50 GMT
    ... the economic outlook may come from Federal Reserve Chairman Ben Bernanke. He is expected to speak ... the House Financial Services Committee. But it's oil that will remain a top concern. "The price ... president of Princeton Financial Group in Princeton, New Jersey. "They (investors) don't want to hear about ...

  • Betting on a bonanza: Energy companies leasing land in Pa. for natural gas. 6 Jul 2008 23:32 GMT
    ... rugged hills: a vast store of natural gas and an undreamed-of chance at wealth. "This ... play in Pennsylvania since Col. Drake struck oil in 1859," said petroleum geologist G. Warfield "Skip" Hobbs IV, who ...

  • '08ers to Concentrate on Economic Concerns 6 Jul 2008 20:16 GMT
    ... in battleground states Michigan, New Mexico, Ohio, Pennsylvania and Virginia, and on cable nationwide. The ... and Wisconsin, attacks Obama for opposing a gas tax holiday, nuclear energy and additional domestic oil drilling. "Barack Obama: Just the Party line," a ...

  • US trade gap widens on high oil prices 6 Jul 2008 19:31 GMT
    ... goods jumped, underscoring how the surge in oil prices is hurting growth and igniting inflation, economists ... inflation may not ebb as the Federal Reserve projects. "It is becoming untenable for policy ... barrel on July 3. The increase in petroleum was a primary reason for the widening ...

  • Pennsylvania loses out in natural gas drilling 6 Jul 2008 19:31 GMT
    ... - McClatchy-Tribune Information Services via COMTEX) -- Gas exploration companies are spending millions and expecting ... recoverable gas. Yet, a key tax on oil, natural gas and mineral removal that has ... percent to 15 percent in Montana. Veteran petroleum-producing states Texas and Oklahoma, for example, have ...

  • Congress Moves Slowly Anticipating Election Calendar 6 Jul 2008 19:31 GMT
    ... Democrats hoping to dominate both sides of Pennsylvania Avenue in 2009 have little reason to ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more conservation and ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ...

  • Strong demand will keep oil prices up 6 Jul 2008 19:30 GMT
    ... the United States, Samir Sumaida'ie, discusses using oil proceeds to pay for reconstruction.; Ambassador; Iraq; War; iran; oil; ... new $450 million, seven-level museum on historic Pennsylvania Avenue on Friday, April 11. Take a ...

  • As Gas Prices Continue to Spike, People Travel Less 6 Jul 2008 18:15 GMT
    ... is a thing of the past, as gas prices continue to inch higher, day by day. ... miles from home over the weekend. Crude oil prices neared $146 a barrel Thursday before closing at ... Ago Year Ago National $4.11* $4.08 $2.96 Pennsylvania $4.07* $4.06 $2.93 Philadelphia (5-county) $4.15 $4.15 ...

  • Republican Party ad assails Obama on energy 6 Jul 2008 17:55 GMT
    ... "Balance." LENGTH: 30 seconds. AIRING: Michigan, Ohio, Pennsylvania, and Wisconsin. SCRIPT: Announcer: "Record gas prices. A climate in crisis. John McCain says solve it ... panels, compact fluorescent light bulbs, an offshore oil rig, a nuclear cooling tower. Obama appears, framed by ...

  • OPEC chief: Strong demand will keep oil prices up 6 Jul 2008 17:30 GMT
    ... 1010 WINS is the 24-hour all-news radio station for New York City, New Jersey, Connecticut and Long Island including Manhattan, Brooklyn, Queens, Bronx, Staten Island, Nassau County, Suffolk County, ...

  • Corzine ready to support Obama 6 Jul 2008 17:30 GMT
    ... Obama campaign's behest: He came out against oil drilling off the Jersey coast and called for ... primary responsibility is to make sure that New Jersey's 15 electoral votes are in the Obama ... Treasury secretary or chairman of the Federal Reserve. He denied the rumors then, and he ...

  • Congress Moves Slowly in Election Year 6 Jul 2008 15:55 GMT
    ... Democrats hoping to dominate both sides of Pennsylvania Avenue in 2009 have little reason to ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more conservation and ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ...

  • Mortgage relief, doctors' fees, terrorist eavesdropping top lawmakers' summer to-do list 6 Jul 2008 15:10 GMT
    ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ... © 2008 The Associated Press. All rights reserved. The information contained in the AP News ...

  • Corzine says he's ready to stump for Obama 6 Jul 2008 14:30 GMT
    ... Obama campaign's behest: He came out against oil drilling off the Jersey coast and called for ... primary responsibility is to make sure that New Jersey's 15 electoral votes are in the Obama ... Treasury secretary or chairman of the Federal Reserve. He denied the rumors then, and he ...

  • Congress' long to-do list 6 Jul 2008 14:14 GMT
    ... Democrats hoping to dominate both sides of Pennsylvania Avenue in 2009 have little reason to ... fixes The two parties have battled over gas prices for months. Democrats are pushing for more conservation and ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ...

  • Congress begins final summer push 6 Jul 2008 14:12 GMT
    ... Democrats hoping to dominate both sides of Pennsylvania Avenue in 2009 have little reason to ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more conservation and ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ...

  • Congress ready to take up pared-down summer agenda 6 Jul 2008 13:55 GMT
    ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ... © Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Congress ready to take up pared-down summer agenda 6 Jul 2008 13:30 GMT
    ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ... © 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Mortgage relief, doctors' fees, terrorist eavesdropping top lawmakers' to-do list 6 Jul 2008 13:13 GMT
    ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ... © 2008 The Associated Press. All rights reserved. The information contained in the AP News ...

  • Congress' long to-do list 6 Jul 2008 13:05 GMT
    ... Democrats hoping to dominate both sides of Pennsylvania Avenue in 2009 have little reason to ... fixes The two parties have battled over gas prices for months. Democrats are pushing for more conservation and ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ...

  • From the blotter / Niagara County police calls, June 23 to 30 6 Jul 2008 12:50 GMT
    ... by Niagara Falls police following charges by New York State troopers at an unspecified site. Hubert J. ... him taking a car battery and two oil filters with a total value $56.84. Reid told ... that someone siphoned approximately 20 gallons of gas, valued at $100, from his Ford Explorer, while ...

  • Collectors get fired up over antique firefighting equipment 6 Jul 2008 12:50 GMT
    ... volunteered, but others are simply determined to preserve a bit of fire history. Most belong ... have to be expensive (unless the collectors gas up their vehicles, since mileage runs in the ... parades. They also performed general maintenance, like oil changes. Several acting county firefighters, including Chief David ...

  • For Stocks, Escaping Bear Hinges on Oil, GE 6 Jul 2008 12:50 GMT
    ... the economic outlook may come from Federal Reserve Chairman Ben Bernanke. He is expected to speak ... the House Financial Services Committee. But it's oil that will remain a top concern. "The price ... president of Princeton Financial Group in Princeton, New Jersey. "They (investors) don't want to hear about ...

  • Congress begins final summer push 6 Jul 2008 12:11 GMT
    ... tax. The two parties have battled over gas prices for months. Democrats are pushing for more ... Republicans favor more domestic energy production, including oil drilling on federal lands and waters now off-limits ... © 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Gas mileage a key to home sales 6 Jul 2008 11:30 GMT
    ... Did $4-a-gallon gas prompt Scott and Abigail Pasterski to put a ... haven't seen anything like it since the oil crisis in the 1970s. ''Come August, I will ... buyers who came to the Valley from New Jersey a few years ago because Pennsylvania offered ...


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