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The Associated Press: Oil prices tumble below $43 on oil reserve report
1 day ago SIOUX FALLS, S.D. (AP) Energy prices plunged across the board Wednesday after a government report showed U.S. oil reserves were much greater than expected, suggesting demand continues to fall. Sweet crude for February delivery tumbled 12 percent, or $5.95, to settle at $42.63 a barrel ...
WRAPUP 1-Russia prepares to halt gas supplies to Ukraine | Deals | Regulatory News
uk.reuters.com — * Ukraine's gas to be cut at 0700 GMT on Thursday * Ukraine says it will maintain... European supplies * Europe has stocks to ride out crisis - analysts By Vladimir Soldatkin and Guy Faulconbridge MOSCOW/KIEV, Jan 1 (Reuters) - Russia was preparing to ... (more) WRAPUP 1-Russia prepares to halt gas supplies to ...
FT.com / Comment / Opinion - The battle of the oligarchs behind the gas dispute
ft.com — A monolithic, Putin-led Kremlin using the “energy weapon” to browbeat neighbouring Ukraine and beyond and threaten the... rest of Europe with natural gas shortages: the image has become commonplace during the “gas spats” of the past few years. Yet those ... (more) FT.com / Comment / Opinion - The battle of the oligarchs ...
Putin: Mr Freeze
Putin: Mr Freeze
faustasblog.com — Via RWN, The day the sea froze: Temperature plunges to MINUS 12C and forecasters say it won’t... warm up until Sunday Temperatures plunged so low today that the sea actually began to freeze as Arctic conditions continued to grip the UK. In the ... (more) Putin: Mr Freeze
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Tomgram: Michael T. Klare, The Problem with Cheap Oil
TomDispatch — ... Only yesterday, it seems, we were bemoaning the high price of oil. Under the headline "Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year," the July 7 issue of the Wall Street Journal warned that prices that high would put "extreme strains on large sectors of the U.S. economy." Today, oil, at over $40 a barrel, costs less than one-third what it did in July, and some economists have ...

Michael T. Klare: Oil 2009: Be Careful What You Wish For
Politics on HuffingtonPost.com — ... Only yesterday, it seems, we were bemoaning the high price of oil. Under the headline "Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year," the July 7 issue of the Wall Street Journal warned that prices that high would put "extreme strains on large sectors of the U.S. economy." Today, oil, at over $40 a barrel, costs less than one-third what it did in July, and some economists have ...

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Analysis: Money at root of Russia's gas war (AP)Yahoo! News: Politics News 1/8/2009
AP - Five months after Russia crushed the Georgian army in the foothills of the Caucasus, Moscow is once again embroiled in a conflict with a former Soviet neighbor: waging an economic war with Ukraine that has disrupted natural gas delivery across ...
Ukraine allows Russia to monitor gas flow with EU (AP)Yahoo! News: Politics News 1/9/2009
AP - Ukraine says it will allow Russian experts to join the EU mission to monitor gas flow through the country as part of a deal that would end a cutoff of Russian gas supplies to Europe.