Author name: Lynne Kiesling

Crude Oil Falls for Seventh Session as U.S., U.K. Forces Secure Iraq Wells. And the fall is substantial again, at around a dollar now, to around $27.10/barrel. Furthermore, US DOE reports show that world oil supply is virtually unaffected.

Oil trading is volatile, and currently the price is below $29, down $1.17 from yesterday’s close. Interesting in light of the alleged fires around Basra.

Oil trading is volatile, and currently the price is below $29, down $1.17 from yesterday’s close. Interesting in light of the alleged fires around Basra.

Oil trading is volatile, and currently the price is below $29, down $1.17 from yesterday’s close. Interesting in light of the alleged fires around Basra.

Oil trading is volatile, and currently the price is below $29, down $1.17 from yesterday’s close. Interesting in light of the alleged fires around Basra.

Fox News is reporting that the Dept of Homeland Security has received a specific threat against the Palo Verde nuclear power plant in Arizona, and that fed, state and local authorities are providing coordinated defense of nuclear power plants. UPDATE: See this CNN story on the threat.

Fox News is reporting that the Dept of Homeland Security has received a specific threat against the Palo Verde nuclear power plant in Arizona, and that fed, state and local authorities are providing coordinated defense of nuclear power plants. UPDATE: See this CNN story on the threat.

Fox News is reporting that the Dept of Homeland Security has received a specific threat against the Palo Verde nuclear power plant in Arizona, and that fed, state and local authorities are providing coordinated defense of nuclear power plants. UPDATE: See this CNN story on the threat.

Fox News is reporting that the Dept of Homeland Security has received a specific threat against the Palo Verde nuclear power plant in Arizona, and that fed, state and local authorities are providing coordinated defense of nuclear power plants. UPDATE: See this CNN story on the threat.

Oil fires in Southern Iraq, near Basra. Massing of ground troops, one hopes with one of their objectives being to extinguish those fires before they cause serious environmental and economic harm. Delayed quotes on oil markets don’t show any effect yet from that information. Iraqi officials deny the reports, according to Reuters. OK, now I’m …

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