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Oil & Gas Prices
May 8, 2008
Current Weather
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Nickle's Profiler
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Market Commentary
May 5, 2008
An American Farm Bureau report indicates that rising oil and natural gas prices are responsible for 44% of food cost increases. The Washington Times, quoting a White House economic advisor, reports that global food prices have spiked by 43% over the past year. He estimated that ethanol - whose production from corn and soybeans is subsidized by the United States - accounts for only 2% to 3% of increased food cost. The National Farmers Union told a joint congressional committee that gasoline prices have doubled in seven years while diesel fuel is up by 250%. The American group said the average food item travels more than 2,400 kilometres to market.
...see the full column
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People On The Moves
May 7, 2008
Xtreme Coil Drilling Corp. has announced the appointment of Rodney Uchytil to the newly created position of president of Xtreme Coil, effective May 1.
May 5, 2008
Olympic Seismic Ltd., a wholly owned subsidiary of Seitel, Inc., is the leading provider of 2D and 3D seismic data and custom 3D surveys to the Oil and Gas Industry.
May 2, 2008
Consultant specializing in geology-based clastic exploration and development, with own log access and mapping software.
...see the full list
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© 2008
Copyright Nickle’s Energy Group.
All rights reserved.
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