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    <title>Shell cutting another 2,200 jobs</title>
    <dc:date>2016-05-30T12:53:50+00:00</dc:date>
    <link>http://money.cnn.com/2016/05/25/news/companies/shell-job-cuts-oil/index.html</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Royal Dutch Shell (RDSA) is the latest oil company to cut back, announcing 2,200 job losses Wednesday as it attempts to cope with "lower for longer oil."

Read more: http://money.cnn.com/2016/05/25/news/companies/shell-job-cuts-oil/index.html]]></description>
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    <title>Sanjel Energy lays off 155 employees</title>
    <dc:date>2016-05-18T12:12:45+00:00</dc:date>
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    <dc:creator>inboxnews</dc:creator><description><![CDATA[Energy company Sanjel USA is closing its downtown office and laying off 155 workers in Colorado, despite hooking a Denver-based buyer for its stateside assets in a deal to refinance its debts.

Read more: http://www.businessden.com/2016/05/16/sanjel-lays-off-155-colorado-employees-closing-downtown-office/]]></description>
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    <title>Murphy Oil announces 250 layoffs</title>
    <dc:date>2016-05-06T13:13:21+00:00</dc:date>
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    <dc:creator>inboxnews</dc:creator><description><![CDATA[Murphy Oil officials held a conference call on Thursday to discuss the $198.8 million loss posted for first quarter 2016. In response to the losses, the company has laid off 250 employees, or about 20 percent of its workforce...

Read more: http://www.eldoradonews.com/news/2016/may/06/murphy-oil-announces-first-quarter-loss-layoffs/]]></description>
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    <dc:date>2016-04-18T11:51:47+00:00</dc:date>
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    <dc:creator>inboxnews</dc:creator><description><![CDATA[Troubled U.S. oil and gas firm Goodrich Petroleum Corp. said on Friday it has filed for chapter 11 bankruptcy protection, joining the ranks of a number of energy companies that have fallen victim to volatile oil and gas prices.

Read more: http://www.marketwatch.com/story/goodrich-petroleum-files-bankruptcy-2016-04-15]]></description>
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    <title>Venoco files for bankruptcy</title>
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    <dc:creator>inboxnews</dc:creator><description><![CDATA[Oil company Venoco announced Friday it has filed for bankruptcy due in part to the closure of a corroded pipeline linked to an oil spill off Refugio State Beach in Santa Barbara County last year.

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Read more: http://www.rigzone.com/news/oil_gas/a/143668/Emerald_Oil_Files_for_Chapter_11_Bankruptcy_Protection]]></description>
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    <title>Bankruptcies SPIKE 379%</title>
    <dc:date>2016-02-12T14:02:36+00:00</dc:date>
    <link>http://money.cnn.com/2016/02/11/investing/oil-prices-bankruptcies-spike/index.html</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[At least 67 U.S. oil and natural gas companies filed for bankruptcy in 2015, according to consulting firm Gavin/Solmonese. That represents a 379% spike from the previous year when oil prices were substantially higher.

Read more: http://money.cnn.com/2016/02/11/investing/oil-prices-bankruptcies-spike/index.html]]></description>
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<item rdf:about="http://www.khou.com/story/money/business/2016/02/04/shell-ceo-confirms-10k-layoffs-due-to-merger-with-bg/79804878/">
    <title>Shell CEO confirms 10,000 layoffs</title>
    <dc:date>2016-02-04T13:51:55+00:00</dc:date>
    <link>http://www.khou.com/story/money/business/2016/02/04/shell-ceo-confirms-10k-layoffs-due-to-merger-with-bg/79804878/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[The CEO of Shell early Thursday confirmed there will be 10,000 layoffs as the company merges with BG Group and deals with lower oil prices.

Read more: http://www.khou.com/story/money/business/2016/02/04/shell-ceo-confirms-10k-layoffs-due-to-merger-with-bg/79804878/]]></description>
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    <title>Low Oil Prices a Problem for World's Economy</title>
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    <dc:creator>inboxnews</dc:creator><description><![CDATA[For the last 75 years, almost every economic crisis has been preceded by an oil price spike. The worry now is that low energy prices are pushing the global economy into a tailspin.

Read more: http://www.bloomberg.com/news/articles/2016-02-02/for-once-low-oil-prices-may-be-a-problem-for-world-s-economy]]></description>
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<item rdf:about="http://www.foxnews.com/us/2016/01/20/dow-plummets-more-than-500-points-as-crude-oil-sinks-to-13-year-low.html">
    <title>Dow suffers triple-digit drop as crude oil sinks to 13-year low</title>
    <dc:date>2016-01-20T20:52:44+00:00</dc:date>
    <link>http://www.foxnews.com/us/2016/01/20/dow-plummets-more-than-500-points-as-crude-oil-sinks-to-13-year-low.html</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[The Dow was down nearly 160 points as it approached the final half hour of trading, a rebound from its 550-point drop at midday.

Read more: http://www.foxnews.com/us/2016/01/20/dow-plummets-more-than-500-points-as-crude-oil-sinks-to-13-year-low.html]]></description>
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    <title>Oil dips below $31, hits 12-year low</title>
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    <link>http://www.cnbc.com/2016/01/10/us-crude-oil-prices-drop-over-2-percent-as-market-loses-faith-in-rebound.html</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[A brutal new year selloff in oil markets deepened on Monday, with prices plunging more than 6 percent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude into the $20s.

Read more: http://www.cnbc.com/2016/01/10/us-crude-oil-prices-drop-over-2-percent-as-market-loses-faith-in-rebound.html]]></description>
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	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:low"/>
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<item rdf:about="http://www.bloomberg.com/news/articles/2015-12-14/shell-to-cut-2-800-jobs-after-bg-deal-as-oil-continues-to-slide">
    <title>Shell Cuts 2,800 Jobs</title>
    <dc:date>2015-12-15T15:10:29+00:00</dc:date>
    <link>http://www.bloomberg.com/news/articles/2015-12-14/shell-to-cut-2-800-jobs-after-bg-deal-as-oil-continues-to-slide</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion following its takeover of BG Group Plc.

Read more: http://www.bloomberg.com/news/articles/2015-12-14/shell-to-cut-2-800-jobs-after-bg-deal-as-oil-continues-to-slide]]></description>
<dc:subject>shell oil gas cut jobs cc</dc:subject>
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<dc:identifier>https://pinboard.in/u:inboxnews/b:57a369166ae9/</dc:identifier>
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<item rdf:about="http://www.foxnews.com/politics/2015/11/06/obama-rejects-keystone-xl-pipeline-bid/">
    <title>Obama rejects Keystone XL pipeline</title>
    <dc:date>2015-11-06T17:35:00+00:00</dc:date>
    <link>http://www.foxnews.com/politics/2015/11/06/obama-rejects-keystone-xl-pipeline-bid/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[President Obama announced Friday that he has rejected Canadian energy giant TransCanada's application to build the Keystone XL pipeline, saying that the pipeline was not in the U.S. national interest.

Read more: http://www.foxnews.com/politics/2015/11/06/obama-rejects-keystone-xl-pipeline-bid]]></description>
<dc:subject>obama rejects keystone pipline oil</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:684f37af189f/</dc:identifier>
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</item>
<item rdf:about="http://fuelfix.com/blog/2015/09/01/canadas-penn-west-to-cut-workforce-35-percent-slash-spending/#35109101=0">
    <title>Energy company Penn West to lay off 400 workers</title>
    <dc:date>2015-09-03T13:45:24+00:00</dc:date>
    <link>http://fuelfix.com/blog/2015/09/01/canadas-penn-west-to-cut-workforce-35-percent-slash-spending/#35109101=0</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Oil and gas producer Penn West Petroleum said Tuesday it is planning by the end of the year to cut 400 employees and contractors, around 35 percent of its workforce, suspend its dividend and cut costs in an effort to support its balance sheet amid low oil prices.

Read more: http://fuelfix.com/blog/2015/09/01/canadas-penn-west-to-cut-workforce-35-percent-slash-spending/#35109101=0]]></description>
<dc:subject>cc energy penn west layoff oil gas</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:5503bf91b6b0/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:energy"/>
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</item>
<item rdf:about="http://wate.com/2015/08/24/experts-lower-oil-prices-could-result-in-gas-below-2-per-gallon/">
    <title>Experts: Lower oil prices could result in gas below $2 per gallon</title>
    <dc:date>2015-08-24T14:37:31+00:00</dc:date>
    <link>http://wate.com/2015/08/24/experts-lower-oil-prices-could-result-in-gas-below-2-per-gallon/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[The price of oil is the lowest it’s been since 2009, just above $40 per barrel at the close on Friday. That could translate to big savings at the gas pump. Experts are predicting that gas prices could dip below $2 a gallon in many parts of the U.S.

Read more: http://wate.com/2015/08/24/experts-lower-oil-prices-could-result-in-gas-below-2-per-gallon/]]></description>
<dc:subject>cc expert lower oil gas prices</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:14b4d84be4bb/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:expert"/>
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<item rdf:about="http://www.foxbusiness.com/markets/2015/08/24/oil-plunges-amid-broad-commodities-selloff/">
    <title>Oil Plunges Amid Broad Commodities Selloff</title>
    <dc:date>2015-08-24T14:18:33+00:00</dc:date>
    <link>http://www.foxbusiness.com/markets/2015/08/24/oil-plunges-amid-broad-commodities-selloff/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Oil prices fell 4 percent to fresh 6-1/2 year lows on Monday, after Chinese stock markets suffered their biggest one-day drop since the global financial crisis, intensifying worries over the outlook for global oil demand.

Read more: http://www.foxbusiness.com/markets/2015/08/24/oil-plunges-amid-broad-commodities-selloff/]]></description>
<dc:subject>cc oil gas prices plunge</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:b89b9b93cc8b/</dc:identifier>
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<item rdf:about="http://www.bloomberg.com/news/articles/2015-08-10/russian-economy-shrinks-4-6-as-oil-slump-risks-deeper-recession">
    <title>Russian economy spirals as oil prices collapse</title>
    <dc:date>2015-08-11T13:10:03+00:00</dc:date>
    <link>http://www.bloomberg.com/news/articles/2015-08-10/russian-economy-shrinks-4-6-as-oil-slump-risks-deeper-recession</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Russia’s economy shrank the most since 2009 after a currency crisis jolted consumer demand, while a sell-off in oil threatens to drag the country into a deeper recession.

Read more: http://www.bloomberg.com/news/articles/2015-08-10/russian-economy-shrinks-4-6-as-oil-slump-risks-deeper-recession]]></description>
<dc:subject>russia economy shrank collapse oil cc</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:8b097942ef22/</dc:identifier>
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<item rdf:about="http://fuelfix.com/blog/2015/08/03/oil-field-companies-cutting-276-more-jobs-in-texas/">
    <title>Oil field companies cutting 276 more jobs</title>
    <dc:date>2015-08-04T13:47:50+00:00</dc:date>
    <link>http://fuelfix.com/blog/2015/08/03/oil-field-companies-cutting-276-more-jobs-in-texas/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[National Oilwell Varco and Cal Dive International, two oil field service companies based in Houston, are cutting a combined 276 jobs in Texas this month, state regulators said Monday.

Read more: http://fuelfix.com/blog/2015/08/03/oil-field-companies-cutting-276-more-jobs-in-texas/]]></description>
<dc:subject>cc oil gas energy job cuts</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:10bbb71f1906/</dc:identifier>
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<item rdf:about="http://www.nytimes.com/2015/07/31/business/international/royal-dutch-shell-earnings-q2.html?_r=0">
    <title>Shell laying off 6,500 plus</title>
    <dc:date>2015-07-30T17:40:13+00:00</dc:date>
    <link>http://www.nytimes.com/2015/07/31/business/international/royal-dutch-shell-earnings-q2.html?_r=0</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Shell said on Thursday that its profit fell sharply in the second quarter as a strong performance in marketing and refining failed to offset the brunt of lower oil and gas prices.

The oil giant also said it would cut its capital investment and eliminate 6,500 jobs as the drop in oil and gas prices squeezes its vast global exploration and production operations.

Read more: http://www.nytimes.com/2015/07/31/business/international/royal-dutch-shell-earnings-q2.html?_r=0]]></description>
<dc:subject>cc shell oil gas</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:31f273177c92/</dc:identifier>
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<item rdf:about="http://abc13.com/business/chevron-announces-950-job-cuts-in-houston/889198/">
    <title>Chevron announces 1,500 job cuts</title>
    <dc:date>2015-07-29T14:40:40+00:00</dc:date>
    <link>http://abc13.com/business/chevron-announces-950-job-cuts-in-houston/889198/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Chevron announced this afternoon its plans to cut 1,500 positions, of which 950 are in Houston. About 270 of the job cuts are vacant positions that won't be filled. However, the company also plans to slash about 600 staff augmentation contractors from the 24 groups in the corporate center.

Read more: http://abc13.com/business/chevron-announces-950-job-cuts-in-houston/889198/]]></description>
<dc:subject>cc chevron oil gas energy job cuts layoffs</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:inboxnews/b:d8ab605837fc/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:chevron"/>
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</item>
<item rdf:about="http://www.rigzone.com/news/oil_gas/a/139469/Technip_Plans_6000_Layoffs_as_Part_of_Restructuring_Efforts">
    <title>Oil and Gas company Technip laying off 6,000</title>
    <dc:date>2015-07-09T15:23:17+00:00</dc:date>
    <link>http://www.rigzone.com/news/oil_gas/a/139469/Technip_Plans_6000_Layoffs_as_Part_of_Restructuring_Efforts</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Engineering company Technip S.A. is the latest oil and gas company to announce layoffs as a way to combat a “challenging environment in oil and gas.” As part of its restructuring plan, Technip will lay off 6,000 of its 38,000 employees from its global workforce. The cuts will be implemented over the next 18 months, a Technip spokesperson told Rigzone.

Read more: http://www.rigzone.com/news/oil_gas/a/139469/Technip_Plans_6000_Layoffs_as_Part_of_Restructuring_Efforts]]></description>
<dc:subject>cc oil gas technip layoffs</dc:subject>
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</item>
<item rdf:about="http://www2.morganton.com/news/2012/aug/28/morganton-oil-company-files-bankruptcy-ar-2556291/">
    <title>McCombs Oil Company files for bankruptcy</title>
    <dc:date>2012-08-29T18:22:38+00:00</dc:date>
    <link>http://www2.morganton.com/news/2012/aug/28/morganton-oil-company-files-bankruptcy-ar-2556291/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[A Morganton oil company has filed for Chapter 7 bankruptcy, according to the U.S. Bankruptcy Court in Asheville.

McCombs Oil and Propane Company, which employed approximately 15 employees between offices in Morganton, Marion, Lenoir and Rutherford College, closed its doors Friday after announcing Thursday that all company accounts would be transferred to Burke Oil Company out of Icard.

Read more: http://www2.morganton.com/news/2012/aug/28/morganton-oil-company-files-bankruptcy-ar-2556291/]]></description>
<dc:subject>cc oil</dc:subject>
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<dc:identifier>https://pinboard.in/u:inboxnews/b:4caf64944654/</dc:identifier>
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<item rdf:about="http://www.washingtontimes.com/news/2011/aug/7/gas-prices-up-despite-use-of-reserves/">
    <title>Gas prices UP after Obama taps oil reserves</title>
    <dc:date>2011-08-08T14:55:24+00:00</dc:date>
    <link>http://www.washingtontimes.com/news/2011/aug/7/gas-prices-up-despite-use-of-reserves/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[More than a month after the Obama administration said it would tap the country’s emergency oil reserve to try to combat supply disruptions in the Middle East, gas prices at the pump actually have risen 10 cents.

President Obama had hoped the move, coming at the onset of the summer driving season, would temper the loss of supplies due to the ongoing civil war in Libya. Working with international allies, the U.S. said on June 23 that it would release 30 million barrels of oil over 30 days, while other countries with strategic reserves agreed to release another 30 million, in staggered sales during July.

And prices at the pump did dip, at first, from a nationwide average of $3.61 down to $3.55, according to AAA. But by last week, they had rebounded and the price per gallon stood a dime higher than when the administration first made its decision.

“Although it helped initially to pull down prices it was probably too little,”
]]></description>
<dc:subject>gas prices oil reserves obama</dc:subject>
<dc:identifier>https://pinboard.in/u:inboxnews/b:cda5e1678247/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:gas"/>
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</item>
<item rdf:about="http://dailycaller.com/2011/07/12/oil-trade-groups-drilling-deregulation-could-create-190000-jobs/">
    <title>Drilling deregulation could create 190,000 jobs</title>
    <dc:date>2011-07-12T16:04:21+00:00</dc:date>
    <link>http://dailycaller.com/2011/07/12/oil-trade-groups-drilling-deregulation-could-create-190000-jobs/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Almost 190,000 jobs could be created by 2013 if offshore drilling returns to pre-spill levels, according to a study sponsored by two oil trade groups, the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API).

The study, conducted by Quest Offshore Inc., found that if permits for exploration and drilling returned to historic levels, and if backlogged requests were granted, 400,000 jobs could be supported across the United States with a GDP increase of $45 billion by 2013.

“The president says he wants ideas for putting Americans back to work right now,” said Jack Gerard, API president, during a conference call today. “So we urge him, again, to take a look at policies that will encourage oil, and domestic gas development.”
]]></description>
<dc:subject>oil jobs</dc:subject>
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</item>
<item rdf:about="http://finance.yahoo.com/news/Oil-prices-rise-on-positive-apf-2832043271.html?x=0">
    <title>Oil Prices Rise</title>
    <dc:date>2011-07-07T16:19:58+00:00</dc:date>
    <link>http://finance.yahoo.com/news/Oil-prices-rise-on-positive-apf-2832043271.html?x=0</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Oil prices are climbing after two new reports offered some positive news about jobs.

Benchmark oil for August delivery gained $1.77 at $98.42 per barrel Thursday morning on the New York Mercantile Exchange. In London Brent crude rose $2.78 to $116.40 per barrel on the ICE Futures exchange.

The Labor Department says applications for unemployment benefits dropped last week to the lowest level in seven weeks. And payroll processor ADP says the private sector added 157,000 jobs last month, more than double what economists forecast.

The government's weekly report on oil supplies and demand comes out later Thursday.

AAA says the national average for gas prices is up 1.4 cents to $3.583 a gallon.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

Oil prices rose to above $97 a barrel Thursday as a report showed U.S. crude supplies fell more than expected for a second week, suggesting demand is improving.
]]></description>
<dc:subject>oil prices rise</dc:subject>
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<item rdf:about="http://money.cnn.com/2011/06/30/markets/oil_prices/">
    <title>Oil prices rising: back to before the strategic reserves were tapped</title>
    <dc:date>2011-07-01T14:48:52+00:00</dc:date>
    <link>http://money.cnn.com/2011/06/30/markets/oil_prices/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Oil prices have surged in the last few days and are now less than a dollar from where they were when President Obama made the controversial decision to tap the nation's strategic reserve last Thursday.

On Thursday, West Texas Intermediate crude edged lower to $94.27 a barrel. But that's still nearly $5 higher than last week, when prices fell over 4% following the oil release announcement.
]]></description>
<dc:subject>oil prices strategic reserve obamafail</dc:subject>
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<item rdf:about="http://finance.yahoo.com/news/Obama-ready-to-release-oil-apf-2233806614.html?x=0&amp;.v=1">
    <title>Obama releasing U.S. oil reserves to boost sagging poll numbers</title>
    <dc:date>2011-06-23T14:44:33+00:00</dc:date>
    <link>http://finance.yahoo.com/news/Obama-ready-to-release-oil-apf-2233806614.html?x=0&amp;.v=1</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Wary of a new surge in gas prices, the Obama administration has decided to release 30 million barrels of oil from the country's emergency reserve as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya.

The release from the U.S. Strategic Petroleum Reserve will amount to half of a 60 million barrel international infusion of oil planned for the world market over the next month.

"We are taking this action in response to the ongoing loss of crude oil due to supply disruptions in Libya and other countries and their impact on the global economic recovery," Energy Secretary Steven Chu said Thursday.

The administration said the uprising in Libya has resulted in a loss of about 1.5 million barrels of oil a day. The release comes as the United States approaches a period of high energy use in July and August.
]]></description>
<dc:subject>obama election oil reserves poll</dc:subject>
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	<rdf:li rdf:resource="https://pinboard.in/u:inboxnews/t:reserves"/>
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<item rdf:about="http://blogs.wsj.com/speakeasy/2011/06/20/with-cars-2-john-lasseter-gives-a-franchise-a-tune-up/">
    <title>In 'Cars 2,' director says Big Oil is the 'Uber Bad Guy'</title>
    <dc:date>2011-06-20T20:43:52+00:00</dc:date>
    <link>http://blogs.wsj.com/speakeasy/2011/06/20/with-cars-2-john-lasseter-gives-a-franchise-a-tune-up/</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[“Cars 2” director John Lasseter talked with The Wall Street Journal in his office at the Emeryville headquarters of Pixar Animation Studios, where he is chief creative officer.

The film takes the friendly automobiles of the original “Cars” and transplants them into a fast-paced international spy caper—with Mater, a rusty tow truck, as the unlikely hero.

Having served as executive producer on “Cars 2” during the first few years of work on the film, Lasseter stepped in as director just last year and overhauled major elements of the plot.
]]></description>
<dc:subject>cars disney kids bigoil oil</dc:subject>
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<item rdf:about="http://www.nytimes.com/gwire/2011/06/16/16greenwire-obama-admin-objects-to-alaska-oil-and-gas-deve-61926.html">
    <title>Obama Admin Blocks Alaska Drilling Effort</title>
    <dc:date>2011-06-16T23:07:59+00:00</dc:date>
    <link>http://www.nytimes.com/gwire/2011/06/16/16greenwire-obama-admin-objects-to-alaska-oil-and-gas-deve-61926.html</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[The Obama administration today said a proposal from House Natural Resources Chairman Doc Hastings (R-Wash.) to expedite oil and gas leasing and energy infrastructure permitting in an Alaska reserve could force federal regulators to flout environmental laws and includes a costly, redundant resource assessment.

Mike Pool, deputy director of the Bureau of Land Management, also announced the agency will hold lease sales in the National Petroleum Reserve, known as NPR-A, in December 2011 and each year after, making good on the administration's mid-May promise to expedite development in the 23-million-acre reserve.
But he emphasized that his agency, which oversees 191 lease tracts covering 1.6 million acres, has all the tools it needs to facilitate development of oil in the reserve while balancing protections for wildlife habitat and subsistence users.
]]></description>
<dc:subject>obama blocks alaska oil drilling</dc:subject>
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<item rdf:about="http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1">
    <title>Huge new Oilfields discovered in Texas</title>
    <dc:date>2011-05-28T18:46:23+00:00</dc:date>
    <link>http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Until last year, the 17-mile stretch of road between this forsaken South Texas village and the county seat of Carrizo Springs was a patchwork of derelict gasoline stations and rusting warehouses.

Now the region is in the hottest new oil play in the country, with giant oil terminals and sprawling RV parks replacing fields of mesquite. More than a dozen companies plan to drill up to 3,000 wells around here in the next 12 months.
The Texas field, known as the Eagle Ford, is just one of about 20 new onshore oil fields that advocates say could collectively increase the nation’s oil output by 25 percent within a decade — without the dangers of drilling in the deep waters of the Gulf of Mexico or the delicate coastal areas off Alaska.
There is only one catch: the oil from the Eagle Ford and similar fields of tightly packed rock can be extracted only by using hydraulic fracturing, a method that uses a high-pressure mix of water, sand and hazardous chemicals to blast through the rocks
]]></description>
<dc:subject>oil field texas shale</dc:subject>
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<item rdf:about="http://www.breitbart.com/article.php?id=CNG.4398509b6788e72075f41564ffc64188.661&amp;show_article=1">
    <title>Venezuela oil chief says US can go to hell</title>
    <dc:date>2011-05-26T18:45:15+00:00</dc:date>
    <link>http://www.breitbart.com/article.php?id=CNG.4398509b6788e72075f41564ffc64188.661&amp;show_article=1</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[The head of Venezuela's state oil giant Petroleos de Venezuela (PDVSA) said the "imperialist" United States could "go to hell" after it slapped sanctions on the company over alleged ties to Iran.

"The imperialists can go to hell. Their sanctions mean nothing us. No one is going to impose this kind of action against us," Rafael Ramirez, who also serves as energy and petroleum minister, said late Wednesday.

"We do what best serves the people of Venezuela and what best serves the interests of the Venezuelan state," he added.

The United States imposed sanctions this week on PDVSA and six other companies -- including firms from Singapore and Israel -- that it accused of supplying gasoline and petroleum products to Iran.
]]></description>
<dc:subject>venezuela oil usa hell</dc:subject>
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<item rdf:about="http://www.reuters.com/article/2011/05/25/us-cftc-oil-manipulation-idUSTRE74O00S20110525">
    <title>U.S. sues big oil traders for 2008 manipulation</title>
    <dc:date>2011-05-25T14:55:13+00:00</dc:date>
    <link>http://www.reuters.com/article/2011/05/25/us-cftc-oil-manipulation-idUSTRE74O00S20110525</link>
    <dc:creator>inboxnews</dc:creator><description><![CDATA[Regulators launched one of the biggest ever crackdowns on oil price manipulation on Tuesday, suing two well-known traders and two trading firms owned by Norwegian billionaire John Fredriksen for allegedly making $50 million by squeezing markets in 2008.

The Commodity Futures Trading Commission (CFTC) said traders James Dyer of Oklahoma's Parnon Energy, and Nick Wildgoose of Europe-based Arcadia Energy, amassed large physical positions at a key U.S. trading hub to create the impression of tight supplies that would boost oil prices.

Later they dumped those barrels back onto the market, causing prices to crash and racking up profits from short positions they had accrued in futures markets, the suit said.

"Defendants conducted a manipulative cycle, driving the price of WTI (crude) to artificial highs and then back down, to make unlawful profits," the lawsuit filed in New York said.
]]></description>
<dc:subject>oil gas</dc:subject>
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