EconWatch.com > Crude oil becomes economy's friend

[DailyFinance] Nonetheless, if crude keeps falling, it is a boon for the recovery. Because consumer spending is the primary engine of U.S. gross domestic product, lower gas prices are a critical component of the .

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[Econbrowser] Econbrowser: Oil market predictions: But, there's still plenty of supply of the lower grade cousins like Dubai oil. There are plenty of oil sands in Canada;

[Economy] KLCI due for consolidation this week: Spot month May KLCI futures contract traded on Bursa Malaysia Derivatives Berhad expired at 1,055, up 7 points, or 0.7 per cent for the week, improving to a 10.9-point premium to the cash index, compared with the 2.7-point premium the previous week. Meanwhile, next spot month June futures contract surged 19 points on Friday to end at 1,056.5 for a wider 12.4-point premium, reflecting a more bullish outlook for next month.

[GOD & COUNTRY USA - Recently Updated Pages] Israeli Report Update - 7-3: The biggest question mark is inflation, which to a certain extent will depend on the topsy-turvy crude oil market. One source that is less optimistic about economic growth is the International Monetary Fund (IMF), which estimates the .

[Economix] Obama's Gorbachev Moment - Economix Blog - NYTimes.com: But saying that Gorbachev would still be in power had he made different economic decisions ignores the influence of the “outer empire” and Gorbachev’s refusal to use coercion, which many have argued was the key reason for the fall of the U.S.S.R.

[MONROE COUNTY FLORIDA] Unlocking India’s Coastal Shipping Business Potential: Indian seafarers who are engaged on foreign vessels for 183 days or more in a year or on an Indian vessel, which work outside Indian territorial waters for more than 183 days in a year, are entitled to non-resident status and pay no taxes. This dispirits officers and seafarers from enlisting on coastal ships and makes it all the more obligatory to appraise the aptitude requirements and improve the emoluments.

[The Big Picture] Words from the (investment) Wise June 21, 2009: “Natural gas will average about $7 per million British thermal units, Pickens, 81, the founder and chairman of Dallas-based BP Capital, said at an event sponsored by the city’s Chamber of Commerce. Falling inventories will also lift gas, he later told reporters.

[FarmPolicy.com] FarmPolicy.com » Blog Archives » Vilsack Addresses USDA, Economic ...: “Oil prices staged a rally in the final hour of trading before settlement as an economic-stimulus plan began to work its way through the House of Representatives, with the White House urging swift action. The chance of quick passage of a stimulus bill sparked a broad turnaround in U.S. equities and commodities markets, which had spent most of the day down.”

[Investlah.com] Investlah.com - KLCI due for consolidation this week: The weakening of the US dollar is a boon to emerging markets and Malaysia should benefit if investors that dump dollar-denominated assets start looking at commodity-related exposures as crude oil price rises. With Japan, China and India showings signs of economic recovery, the US crude inventories declining 5.41 million barrels to 363.1million and Opec maintaining its output quota at 24.8 million barrels per day, interest in oil and gas stocks should pick up this week.

[The 5 Minute Wrapup from Equitymaster] Investing in Indian Stock Markets - The surest investment bet ...: He believes that economic activity will eventually pick up and so will the demand for oil. Interestingly, he thinks that if the US continues to depend on imports for 70% of its oil requirements, then crude will reach even US$ 200 to US$ 300 levels.

[Zman's Energy Brain ~ oil, gas, stocks, etc...] Zman's Energy Brain ~ oil, gas, stocks, etc”¦ » Blog Archive ...: But look through that bill and you see much ado about electric vehicles and nothing about CNG or LNG. There is another bill, the Natural Gas Act that is being put forth that encourages gas as a transportation fuel but I think its absence from the big bill is telling about the administrations views on gas, be it clean or not, they don’t like drilling.

[Climate Progress] Climate Progress » Blog Archive » A bone to pick with T. Boone Pickens: It involves building a water pipe from his acreage in the panhandle to Dallas to sell water that he’s pumping from the Ogallala Aquifer (the basically non-replenishable aquifer that supplies the vast majority of agricultural irrigation to from Texas to Nebraska, or ~30% of all irrigated agricultural land in the country).

[Boone Cam Blog] Boone Cam Blog » Blog Archive » Boone Cam Exclusive Sarah Palin ...: Initially my reaction to your video was the same as other environmental bloggers: however, I know first hand and heartily support your committment to renewable energy, such as solar and windtricity, and clean energy such as natual gas to reduce smog and global warming. Your "Clean Energy" team assisted me in building San Antonio, Texas' first municipal natural gas station, which provides 90% cleaner burning fuel to reduce smog and global warming.

[BMJ » Richard Lehman's weekly review of medical journals] BMJ Group blogs: BMJ » Blog Archive » Richard Smith: Are we all ...: Eventually the next morning she rang me, desperate to be reassured that I hadn’t cut her off forever””because there was a time, still is for some, when to be asked if you were a Thatcherite was equivalent to being asked if you were a paedophile, strangler, or sadomasochist (the latter has, of course, become respectable in the past few weeks).

[Climate Progress] Climate Progress » Blog Archive » Pickens' natural gas plan makes ...: I think the value of a Pickens-style plan is that it provides an alternative to petroleum for fleets and long-haul trucking. When combined with the electrification of passenger vehicles, increasing the amount of renewable energy on the grid and moving to domestically-produced natural gas for big trucks certainly would have a marked effect on reducing our trade deficit and reining in GHG emissions.

[politicalbetting.com] politicalbetting.com » Blog Archive » Will Gord's leadership last ...: Summer will quiet things down, the Party Conference will be managed and we will be swamped in talk of “recovery” both economic and his own. ...

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