Subscribe to our free daily newsletters
  Energy News  




Subscribe to our free daily newsletters



ENERGY TECH
Crude oil plunges below $100 in New York

by Staff Writers
New York (AFP) May 5, 2011
Crude oil prices plunged Thursday, with the WTI futures contract sliding below $100 a barrel in New York, after disappointing US economic indicators and a stronger dollar.

New York's main contract, light sweet crude for June, plummeted $9.17 to $100.07 around 1815 GMT, minutes before the end of trading on the New York Mercantile Exchange.

Earlier it had fallen as low as $99.70 a barrel, below the $100 threshold for the first time since mid-March, when Arab unrest and the Japan earthquake and tsunami disaster sent prices spiking.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Powering The World in the 21st Century at Energy-Daily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


ENERGY TECH
Strong dollar, weak data send oil prices plunging
New York (AFP) May 5, 2011
Crude oil prices plunged Thursday, dragging New York's main contract below $100 a barrel for the first time since March 16, after disappointing US jobs data and the dollar's rise spurred demand fears. New York's main contract, West Texas Intermediate light sweet crude for June, closed at $99.80 a barrel, down $9.44, or 8.6 percent, from Wednesday. The WTI contract continued to fall after ... read more







ENERGY TECH
China facing electricity shortages

Australians turning off carbon tax: poll

California Signs New Renewable Portfolio Standard into Law

China Energy Consumption Will Stabilize

ENERGY TECH
Universal Bioenergy's NDR Energy Group Awarded Gas Supply Agreement

Iraq pays Kurd oil contractors: regional premier

Crude oil plunges below $100 in New York

Strong dollar, weak data send oil prices plunging

ENERGY TECH
Evolutionary lessons for wind farm efficiency

Global warming won't harm wind energy production, climate models predict

Study: Warming won't lessen wind energy

Mortenson Construction to Build its 100th Wind Project

ENERGY TECH
American Vision Brings New 'Light' to Solar Energy

Natcore Technology Successfully Uses LPD Process on Textured Solar Cells

Southwest Solar Announces New Collaboration at Research Park

Hertz Equipment Rental Corporation Installs Solar Panels

ENERGY TECH
Australia looks at nuclear power's future

Cracks found in protective casings at Bulgaria nuclear plant

Lithuanian nuclear plant to go online in 2020

Swiss watchdog orders nuclear plants to tackle flaws

ENERGY TECH
Formidable fungal force counters biofuel plant pathogens

Interjet and Airbus Conduct First Biofuel Flight in the Country

BioJet and Abundant Biofuels Agree to Merge

Food vs fuel: the debate is over

ENERGY TECH
Top Chinese scientists honored with naming of minor planets

China sees smooth preparation for launch of unmanned module

China to attempt first space rendezvous

Countdown begins for Chineses space station program

ENERGY TECH
After a three-decade hiatus, sea-level rise may return to the West Coast

Climate Change Analysis Predicts Increased Fatalities from Heat Waves

The case for climate change

Water currents of South Africa could stabilize climate in Europe


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement