Oil Rises for Third Day as U.S. Supplies Drop; Asia Stocks Decline on HSBC Nov 18, 2009
Nov. 18 (Bloomberg) -- Crude oil gained for a third day as an industry report showed U.S. stockpiles declined after a Gulf of Mexico hurricane ... Energy producers in the U.S. idled about 43 percent of oil output in the Gulf of Mexico on Nov. 10 after Hurricane Ida made landfall, according to the Interior Departments Minerals Management Service. (Bloomberg -- Asia)
Devon Energy Corp. Nov 17, 2009
The independent oil and gas producer said it will sell assets in the Gulf of Mexico and overseas and use the proceeds to invest in its US and Canadian portfolio and to retire debt. Oklahoma-based Devon expects after-tax proceeds of $4. (Boston Globe)
Mexico to Build 'New Cancun' Near Texas Border Nov 17, 2009
Mexico is planning a big new tourism center near the U.S. border along the Gulf of Mexico. The Fonatur agency that also created Cancun says its new Costa Lora development should eventually have 20,000 rooms for guests and create 115,000 jobs. (Fox News)
Oil near $80 as China says economy improves Nov 17, 2009
Waves from the Gulf of Mexico break against a rock breakwater near the beach at Caminada Headland Island, La. Oil prices fell Tuesday, Nov. 10, 2009, as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico. (Courier-Journal -- Business)
Storms expected Wednesday, Friday Nov 17, 2009
The system was forecast to continue pulling abundant moisture from the Gulf of Mexico and allow for wet weather over the South ... The slow-moving system was forecast to continue to flood the region from the Gulf of Mexico, up the Mississippi River, and up the East Coast in to the Mid-Atlantic states. (Fresno Bee -- Local)
County voters go to the polls Nov 16, 2009
Proposition 9: to protect the right of the public, individually and collectively, to access and use the public beaches bordering the seaward shore of the Gulf of Mexico. In Favor: 958; Against: 368. (Columbus Colorado County Citizen, TX)
Mexico plans big Gulf tourism center near Texas Nov 16, 2009
MEXICO CITY Mexico is planning a big new tourism center near the U.S. border along the Gulf of Mexico. More travel stories. (Atlanta Journal-Constitution -- Travel)
Three Tempting Stocks for a Hot Takeover Market Nov 16, 2009
When I first became a securities analyst 12 years ago, Ensco had a reputation as a driller with a hodge-podge of relatively old equipment, exploring primarily in the Gulf of Mexico. The company has changed since then. (Bloomberg -- Columnists)
Voters pass amendments Nov 16, 2009
Prop 9: Protects the right of the public to use public beaches bordering the seaward shore of the Gulf of Mexico. Passed with 78 percent of Dallas County votes. (McKinney Courier-Gazette, TX)
Oil rises above $77 as traders eye dollar, demand Nov 16, 2009
Oil prices drifted below $79 a barrel Tuesday in Asia as a storm threatening oil installations in the Gulf of Mexico weakened and investors eyed a volatile dollar. Benchmark crude for December delivery was down 49 cents to $78. (Fresno Bee -- Business)
4 rescued off Tijuana returned to Mexico Nov 16, 2009
The rig is located in the Gulf of Mexico about 80 miles south of New Orleans, not far from the path of Ida. Man rescues stray dog, but ends up with 10 pooches. (Fresno Bee -- State)
How area's limestone affects rainfall (2) Nov 15, 2009
A coastal plain that rises subtly away from the Gulf of Mexico as a rich stretch of black cotton-crop earth, ends abruptly where it abuts the banked limestone of the Balcones Escarpment in northwest Bexar County. This rise is actually the frayed and raggedy edge of the Texas Hill Country a breaking point for sandwiched layers of limestone and water. (Boerne Star, TX)
Mexico plans big Gulf tourism center near Texas Nov 15, 2009
MEXICO CITY Mexico is planning a big new tourism center near the U.S. border along the Gulf of Mexico. More travel stories. (Atlanta Journal-Constitution -- Travel)
US to lease offshore for oil drilling Nov 15, 2009
6 million hectares) to energy companies next spring to drill for oil and natural gas in the central Gulf of Mexico, but will shorten the time that the firms have to develop the tracts ... Continued development in appropriate areas of the Outer Continental Shelf, such as in the areas we will offer in the Gulf of Mexico, is a key component of our efforts to reduce our countrys dependence on foreign oil, said U.S. Interior Secretary Ken Salazar ... 6 million hectares) to energy companies next... (India Times)
8 rescued from capsized boat off Tijuana coast Nov 15, 2009
The rig is located in the Gulf of Mexico about 80 miles south of New Orleans, not far from the path of Ida. 8 rescued off Tijuana coast. (Fresno Bee -- Nation)
Voters pass amendments Nov 15, 2009
Prop 9: Protects the right of the public to use public beaches bordering the seaward shore of the Gulf of Mexico. Passed with 78 percent of Dallas County votes. (McKinney Courier-Gazette, TX)
OUTDOORS NOTES Nov 15, 2009
The quotas were established under a management plan designed to rebuild the species in the northern Gulf of Mexico. The closure is required by law, and fishing cannot be reopened until January. (Nola.com -- Sports)
Fixing Mexico Easy as `Things Are So Screwed Up,' Central Bank Chief Says Nov 14, 2009
The ridiculous thing is that the Gulf of Mexico is full of oil and we cant get to it because we dont have sufficient flexibility in our legal framework to induce foreign investment in these fields, he said. We used to produce 3. (Bloomberg -- Latin America)
Young representing offshore interests Nov 14, 2009
According to the Center for Responsive Politics, the largest contributor to Young's 2009-10 campaign committee is Edison Chouest Offshore, an offshore vessel company whose focus is the Gulf of Mexico. Since Young's voting priorities lay offshore, its time Alaska has a new representative in theU.S. House. (Juneau Empire)
Links and more on ray oysters Nov 14, 2009
WASHINGTON (AP) - The Obama administration is backing off a plan to ban raw oysters from the Gulf of Mexico during warm weather. The FDA acted after meeting with fierce resistance from the oyster industry and Gulf Coast lawmakers. (KSLA.com, LA)
techinnovations Nov 14, 2009
13h ago Facing fierce resistance, the Obama administration on Friday backed off a plan to ban sales of raw oysters from the Gulf of Mexico during warm-weather months. FIND MORE STORIES IN. (USA Today -- Tech)
Utah refinery shutting down following recent blast Nov 14, 2009
Oil companies are evacuating workers from operations in the Gulf of Mexico as Tropical Storm Ida approaches. Chevron Corp. said Monday it has removed enough employees to affect oil production in the Gulf. (Fresno Bee -- Business)
Michael Ford, Jr. & The Apache Relay seizes crowd recognition Nov 13, 2009
"I wrote it about the wake of fear caused by Hurricane Gustav when it entered the Gulf of Mexico in the Fall of 2008," Ford said. "Sweet Louisianne is my love letter of hope to all my friends and family in Louisiana.". (The University Echo, TN)
LWFC makes a statement Nov 13, 2009
The Sportsman s Paradise showed some backbone when its management agency rejected all three proposals to adhere to federal mandates to regulate recreational and state catches in state waters in the Gulf of Mexico. The LWFC voted unanimously against federal changes dictating the closure of the recreational amberjack season, reduction of a closed season on the commercial season on gag, black and red grouper and the closure of the recreational red snapper season annually from Oct. 1 to May 31. (New Iberia, LA)
BREAKING NEWS: Area under hurricane watch (966) Nov 13, 2009
On Sunday afternoon, Hurricane IDA was located near the Yucatan Peninsula entering the southern Gulf of Mexico, with sustained winds of 100 mph and movement to the north-northwest at 10 mph. "Current models show the track to come near shore or just onshore around Escambia or Santa Rosa Counties then turn to the east," Adams said in an e-mail. (Brewton Standard, AL)
E. A. Shinn: Look of Texas, Louisiana beaches has nothing to do with drilling Nov 13, 2009
Their sands were washed from the gooey brown clay that is the Mississippi Delta that sticks out into the Gulf of Mexico, effectively blocking any westward transport of the Appalachian sand that makes the west Florida beaches white ... Studies show that for the entire Gulf of Mexico, between 1,000 and 2,000 barrels leak to the surface daily. (The News-Press -- Opinion)
WEATHERING SCITUATE: Taking a turn toward the warm Nov 13, 2009
Ida briefly became a Category 2 hurricane as it continued its trek northward into the Gulf of Mexico. The storm soon encountered a much less favorable environment for a hurricane, and it was a weak tropical storm when the center crossed the Gulf Coast in Alabama. (Scituate Mariner, MA)
Waning Ida's Downpours Swamp Mid-Atlantic Coast Nov 13, 2009
The downpour marks the track of the remnants of Tropical Storm Ida, which blew ashore in Alabama from the Gulf of Mexico on Tuesday. Ida lost its tropical storm strength shortly after coming on land but has drenched a swath from Alabama through Georgia as it meandered toward the Atlantic. (Newsmax)
Lafarge plant health risk under study Nov 13, 2009
He also has published scientific studies of mercury toxicity in wildlife in Acadia National Park in Maine; birds in the Boston area; and aquatic life in the Gulf of Mexico. "Our job is to provide objective, process-based science for the local community, and to share this information with the public and other scientists," said Bank, who is working with Harvard colleague John Spengler. (Albany Times Union)
A roundup of Florida hotel packages Nov 13, 2009
The Real Deal: The Fall Value Rates package features one night at the oceanfront on the Gulf of Mexico; complimentary daily use of two reserved beach chairs, which usually cost $10 per chair per day; unlimited use of tennis courts, which is normally $10 per person per hour; and access to the spa and fitness center facilities, which usually costs $20 per person per day. Guests also get complimentary valet parking, afternoon tea and cookies, and supervised morning activities for children ages 5 to... (MSNBC -- Travel)
Remnants Of Hurricane Ida Continue To Cause Havoc Nov 13, 2009
The downpour Thursday comes from the remnants of tropical storm Ida, which blew ashore in Alabama from the Gulf of Mexico on Tuesday and has meandered to the north and east. Virginia Gov. Tim Kaine declared a state of emergency Wednesday. (KWTX.com, TX)
Winds, rain lash Atlantic coast Nov 13, 2009
Hurricane Ida swiped the resort city of Cancun on Sunday with bands of wind and rain as it steamed north toward the Gulf of Mexico, where officials issued a hurricane watch for coastal Louisiana and Mississippi. Gusts of wind whipped palm trees and fishermen pulled their boats in and tied them down along Mexico's Caribbean coast as rain and strong waves moved ashore in Cancun and neighboring Puerto Juarez. (Fresno Bee -- Nation)
US takes brown pelican off endangered species list Nov 12, 2009
The population was now back up to more than 650,000 of the birds across Florida, in the coastal regions of the Gulf of Mexico and Pacific Ocean, and in the Caribbean and Latin America, Salazar said. At its lowest point, the number of brown pelicans had fallen to around 10,000, said Tom Strickland, Assistant Secretary for Fish, Wildlife and Parks. (Yahoo! Asia News)
The nation's weather Nov 12, 2009
The system was expected to continue picking up moisture from the Gulf of Mexico and spread scattered showers and thunderstorms over the Mid-Atlantic states, while the Southeastern states could start to dry out. Strong atmospheric steering at high levels were expected to steer Ida eastward and prevent the storm from moving northward and up the coast. (OregonLive, OR -- News)
Energy XXI Gulf Coast, Inc. Announces Acceptance of Notes for Exchange and Expiration of Debt Exchange Offer and Consent Solicitation Nov 12, 2009
Energy XXI (Nasdaq: - ) (LSE: - ) is a Houston-based independent energy company engaged in the acquisition, development, exploration and production of oil and natural gas reserves in the U.S. Gulf Coast and the Gulf of Mexico. The Company is an indirect wholly owned subsidiary of the Parent, Energy XXI, Inc. (Bermuda) Limited. (Primezone Releases)
Thanks, FDA, but We Don't Need Your Protection From Raw Oysters Nov 12, 2009
Since the Food and Drug Administration last month that it plans to ban the sale of unprocessed Gulf of Mexico oysters from April through October, people in New Orleans have been gobbling the things down as if there's no tomorrow. That's the Big Easy for you. (Slate)
Review storage plans Nov 12, 2009
That is also why we have submitted extensive data to the state in support of our permit application to discharge brine into the Gulf of Mexico data that shows no adverse environmental impacts on marine species. We believe that our brine discharge is environmentally safe and a far better option than using disposal wells. (New Iberia, LA)
THINKING OUT LOUD (1) Nov 12, 2009
It doesn t have phones in its 12 rooms, though it does have a wireless Internet connection on the covered patio that overlooks the Gulf of Mexico. There is something surreal about e-mailing your kids via Wi-Fi to tell them you cannot be reached by telephone. (Bartow Polk County Democrat, FL)
Rep. Young proves he only has offshore interests in mind Nov 12, 2009
According to the Center for Responsive Politics, the largest contributor to Young's 2009-2010 campaign committee is Edison Chouest Offshore, an offshore vessel company whose focus is the Gulf of Mexico. Since Young's voting priorities lay offshore, it's time Alaska has a new representative in the U.S. House. (Juneau Empire)
Changes in AP Latin American, Caribbean operations Nov 12, 2009
Lower-than-feared sea temperatures this summer gave a break to fragile coral reefs across the Caribbean and the central Gulf of Mexico that were damaged in recent years, scientists said Thursday. Unusually warm water in recent years has caused the animals that make up coral to expel the colorful algae they live with, creating a bleached color. (Fresno Bee -- Nation)
Oil rises above $80 after hurricane disrupts Nov 11, 2009
US Gulf of Mexico storm eases November 10, 2009. Oil prices rose on Tuesday to above $80 (R590) a barrel after a late-season hurricane disrupted oil and gas output in the Gulf of Mexico and the dollar stayed close to a 15-month low ... 5 percent of gas output from the Gulf of Mexico, the US Minerals Management Service said Monday. (Business Report, South Africa)
Oil prices fall as Ida fades, dollar climbs Nov 11, 2009
Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico. Ida, once a Category 1 hurricane, was downgraded to a tropical storm Monday and then lost even that status Tuesday as its winds lost their punch. (Orangeburg Times and Democrat, SC)
* Tropical storm drenches US Gulf Coast Nov 11, 2009
Ida, which was downgraded from a hurricane to a tropical storm earlier on Monday, posed the first real storm threat of this years Atlantic hurricane season to Gulf of Mexico oil and natural gas production, and forced some companies to shut down off-shore platforms and evacuate personnel. The US Minerals Management Service said Ida had shut down 29. (Taipei Times, Taiwan -- World)
Crude Oil Tops $80 as U.S. Equities Rebound, Signaling Fuel Use to Climb Nov 11, 2009
Nov. 10 (Bloomberg) -- Crude oil dropped as Tropical Depression Ida weakened, allowing workers to return to offshore platforms in the Gulf of Mexico, and as the dollar climbed. Oil fell 0. (Bloomberg -- Canada)
El Salvador facing food shortage Nov 11, 2009
Ida, which passed the country three days ago, was downgraded to a tropical storm as it crossed the Gulf of Mexico on Monday. Are you in El Salvador. (BBC News -- Americas)
Ida, weaker dollar drive oil prices above $79 Nov 11, 2009
12:07 P.M. Oil and gasoline futures rose today as a tropical storm heading into the Gulf of Mexico and the U.S. dollar both weakened. Ida had been listed as a Category 1 hurricane until midmorning, a storm with the ability to take 1. (The News-Press -- Business)
County voters go to the polls Nov 11, 2009
Proposition 9: to protect the right of the public, individually and collectively, to access and use the public beaches bordering the seaward shore of the Gulf of Mexico. In Favor: 958; Against: 368. (Columbus Colorado County Citizen, TX)
U.N.: Can halt violence against women Nov 11, 2009
Latest news, Latest News Headlines, news articles, news video, news photos - UPI.com (Yahoo News -- Women's Issues)
Oil Hovers Near $79 Amid Rising US Oil Supplies Nov 11, 2009
Crude has bounced near $80 a barrel for the last few weeks as traders eyed mixed U.S. economic data and the threat of Ida, a one-time hurricane in the Gulf of Mexico that weakened significantly before reaching oil installations near the Gulf Coast on Tuesday. "The reaction to the data and events has been knee-jerk in nature, and not well thought out by market participants," Societe Generale said. (ABC News -- Business)
Oil above $79 on bullish China data Nov 11, 2009
Oil fell on Tuesday after Ida, the first real storm threat of the 2009 season, was downgraded from a hurricane on Monday, and as companies began restoring their Gulf of Mexico operations. But the US Minerals Management Service said more than 43 percent of oil output and nearly 28 percent of natural gas output remained shut late on Tuesday. (India Times)
Death toll from hurricane reaches 175 in El Salvador Nov 11, 2009
Ida downgraded to a tropical depression on Tuesday after crossing the Gulf of Mexico and coming onshore in the U.S. state of Alabama. Editor: Anne Tang. (Xinhuanet, China)
Crude oil falls as greenback rebounds Nov 11, 2009
As Ida approached, workers were evacuated in the Gulf of Mexico and companies idled about 30 percent of oil and 28 percent of natural gas output, according to government data. "I doubt there was any severe damage caused by Ida," said Bill OGrady, chief market strategist at Confluence Investment Management in St. Louis. (Sydney Morning Herald -- Business)
Idas bark worse than her bite Nov 11, 2009
The storm remained a potent category one hurricane as it approached the northern coast of the Gulf of Mexico Sunday evening but was quickly downgraded to tropical storm status as it reached cooler waters in the northern gulf. Meteorologist Chris Franklin for WVUE-TV in New Orleans said strong upper winds further contributed to Ida s deterioration Monday evening. (L Observateur, LA)
Brown » Nov 11, 2009
South Region means state waters lying between the Flagler-Volusia County line on the Atlantic Ocean and the southern boundary of the Northwest Region on the Gulf of Mexico in Pinellas County and adjacent federal EEZ waters. Editor's note: David A. Brown has a B.A. in journalism from the University of South Florida and you can see his work in Florida Sportsman, FLWOutdoors. (ESPN -- Outdoors)
Crude Oil Trades Near $79 After Falling on Stockpile Rise, Gain in Dollar Nov 11, 2009
Crude declined as Tropical Depression Ida weakened after coming ashore yesterday, allowing workers to return to production platforms in the Gulf of Mexico. Energy producers idled about 43 percent of oil and 28 percent of natural-gas output in the Gulf because of Ida, the Minerals Management Service said. (Bloomberg -- Germany)
Weak Dollar Pushes Gold Above $1,100 an Ounce Nov 10, 2009
However, forecasters say the storm will likely weaken and bypass most drilling platforms and refineries in the Gulf of Mexico. Light, sweet crude for December delivery rose $2 to settle at $79. (ABC News -- Wire)
Desperate search in El Salvador Nov 10, 2009
Ida, which passed the country three days ago, was downgraded to a tropical storm as it crossed the Gulf of Mexico on Monday. Warnings were lifted for the US coastline between Louisiana and Florida. (BBC News -- Americas)
With dollar weak, oil’s price tops $80 Nov 10, 2009
NEW YORK - Oil prices shot above $80 a barrel yesterday as a weakened US dollar created more turbulence in energy markets than a tropical storm heading into the Gulf of Mexico. Ida had helped push crude prices higher all morning, but just as the then-hurricane was demoted to a tropical storm, the euro pushed past the $1. (Boston Globe)
Ida weakens to tropical storm -US hurricane center Nov 10, 2009
HOUSTON, Nov 9 (Reuters) - The U.S. National Hurricane Center on Monday downgraded Ida, churning in the Gulf of Mexico, to a tropical storm from a hurricane. (Reporting by Chris Baltimore; Editing by Will Dunham). (Scientific American)
UPDATE 6-Ida's threat ebbs but US Gulf energy output disrupted Nov 10, 2009
Ida, which was downgraded to a tropical storm earlier on Monday, posed the first real storm threat of the 2009 Atlantic hurricane season to Gulf of Mexico oil and natural gas production, and forced some companies to shut down off-shore platforms and evacuate personnel. ID:nN09263651. (Scientific American)
Man lost in Miss. River as Ida grazes La. Nov 10, 2009
Earlier in the day, the Coast Guard rescued two Chevron Corp. workers from an oil rig in the Gulf of Mexico in danger of collapsing in the high seas churned up by Ida. The Chevron workers were rescued at about 5 a.m. after a lift boat tied to the rig broke loose and smashed into the rig. (The Clarion-Ledger)
Show Transcript: November 10 Nov 10, 2009
Recent discoveries in Kazakhstan, the Gulf of Mexico and off the coast of Brazil have allayed fears of what many call peak oil, the term used to describe falling global production. The new finds, however, come with a heftier price tag. (CNN -- US)
Dow Hits 2009 Closing High Nov 10, 2009
Oil futures were higher on fears that Hurricane Ida could disrupt Gulf of Mexico production. Benchmark stock indexes in Europe rallied Monday, with London's FTSE 100 index up 1. (BusinessWeek)
Dow jumps 204 to high for year as dollar slu... Nov 10, 2009
43 per barrel on the New York Mercantile Exchange, helped in part by Tropical Storm Ida, which threatened the Gulf of Mexico. Energy and materials stocks rose along with commodities prices, and investors' enthusiasm for those stocks spilled over to other industries. (San Diego Union-Tribune)
Area braces for another round of rain, possible flooding Nov 10, 2009
The storm caused widespread damage and flooding over the weekend in Mexico, Nicaragua and El Salvador, churned over the Yucatan Peninsula and strengthened into a hurricane before losing some potency as it crossed cooler waters in the Gulf of Mexico and approached the United States. Originally published in the Athens Banner-Herald on Tuesday, November 10, 2009. (Athens Banner-Herald)
