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Bush: Congress should allow more offshore drilling
(AP)
AP - President Bush says if Congress doesn't permit offshore drilling to increase U.S. oil supplies and possibly ease gasoline prices, lawmakers should not expect voters to support them in November.
Alaskans to receive state payouts topping $3,200
(AP)
AP - It's the season for Alaskans to be rewarded just for living here and this year's take is extra sweet: $3,269, a record share of the state's oil wealth combined with a special cash payout to help with stratospheric energy prices.
Solar energy can meet all the world's energy demands: expert
(AFP)
AFP - The world must speed up the deployment of solar power as it has the potential to meet all the world's energy needs, the chairman of an industry gathering which wrapped up Friday in Spain said.
Congress faces big push on offshore drilling
(Reuters)
Reuters - America's pain at the gasoline pump
has been years in the making, but there will be a big push in
Congress next week, when lawmakers return from summer break, to
fix the problem by expanding offshore oil drilling.
McCain and Obama clash on economy
(Reuters)
Reuters - Presidential rivals John
McCain and Barack Obama, back on the campaign trail after their
party conventions, clashed over the ailing U.S. economy on
Friday as unemployment hit its highest monthly rate in nearly
five years.
Alaska gas project hailed by Palin still embryonic
(Reuters)
Reuters - A long-delayed natural gas
pipeline championed by Gov. Sarah Palin that would carry
supplies from Alaska to Canada and then to the lower 48 states
exists in concept only and is years away from fruition.
Deal ends feud over BP's Russia venture
(AFP)
AFP - British and Russian shareholders on Thursday announced an end to a months-long feud for control of joint oil venture TNK-BP, in a move hailed by the Kremlin as a positive signal to foreign investors.
Palm oil firms' moratorium rejection threatens orangutans: activists
(AFP)
AFP - A decision by Indonesian palm oil companies to reject a moratorium on land clearing is threatening to wipe out more than 8,000 orangutans in the next three years, activists said Thursday.
Helicopter strikes oil rig off Dubai coast; 7 dead
(AP)
AP - A helicopter carrying foreign contractors crashed into an oil platform off the coast of Dubai, killing all seven people on board and halting production in one of the emirate's four offshore oil fields, officials said Thursday.
World oil prices steady ahead of US energy report
(AFP)
AFP - World oil prices held steady in Asian trade Thursday ahead of a weekly US energy stockpiles report expected to give clues about the state of American demand for crude, dealers said.
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