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All Posts Tagged Tag: ‘Oil’

Sue Ann Hamm Plans to Appeal $1 Billion Settlement

Sue Ann Hamm, who was awarded roughly $1 billion in cash and assets in a divorce settlement this week, feels that she was entitled to more, and plans to appeal the ruling. Sue Ann is the ex-wife of Harold Hamm, an Oklahoma oil baron worth an estimated $13.5 billion. Sue Ann’s settlement comprises around six percent of Harold’s holdings, Attorney …

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North Dakota Oil Fire Extinguished

A large fire that broke out at an oil supply and logistics company in Williston, North Dakota has been extinguished. The blaze, which ignited in an oil patch hub in the western part of the state, grew so hot that fireballs shot hundreds of feet into the air. The fire started at around midnight Monday, and Williston Fire Department shift …

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Sonic Cannons Approved: A Good Thing Or A Bad Thing?

The Obama administration recently approved the use of sonic cannons that will be used to find oil deposits beneath the ocean floor. This could also allow for drilling off the Eastern Seaboard. While some people see this decision as a good one, there are many other people who are worried that the drilling and the cannons will harm sea life …

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George W. Bush Won’t Bash Obama On Iraq

George W. Bush is taking the high road. The former president could comment on Barack Obama’s weak foreign policy and blame that for the strengthening of terror groups and the rise of ISIS (Islamic State of Iraq and Syria). He could say “I told you so” to those who say he imagined Saddam Hussein had stockpiles of weapons of mass …

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Oil Cleansing And Pulling: 20 Minute Mouth Remedy

When a friend replied to me recently, saying he was busy “oil pulling” and would get back to me, I really didn’t want to know what that meant. He told me anyway. Essentially, the idea is that you slosh around a tablespoon of oil (sesame, coconut, or sunflower are some popular ones) through the teeth in your mouth (hence the …

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Casselton Residents Allowed To Return Home

On December 30th, authorities ordered the evacuation of Casselton, ND residents after a massive train collision. A BNSF train carrying oil tankers crashed into another train and several of the oil tanks caught fire. Despite the lack of injuries or fatalities directly associated with the crash, a series of blasts and toxic smoke remained a cause for alarm. This was …

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Mexico City Site Of Major Protest Over Energy Reform

The one year anniversary of President Enrique Pena Nieto’s inauguration saw tens of thousands of protesters take to the streets of Mexico City. The new administration recently moved to open up the Mexican oil industry to foreign interests. Mexican oil had been for a long time controlled by the citizens of Mexico. The change was seen by some as the …

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Dmitry Medvedev Visits China, Strikes Oil Agreement

Russian Prime Minister Dmitry Medvedev has been on an official trip to China since tuesday, when he arrived in Beijing after an official invite from the Chinese Premier, Li Keqiang. On the table for Medvedev’s visit are such activites as visiting the Anhui province of China, an online chat with some Chinese “netizens” on the popular news website, Xinhuanet.com, and …

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Talisman Energy Stocks Climb with Icahn Tweet

The Canadian global oil and gas production company, Talisman Energy, has seen its value slide over the past several years due to poor business planning. However, stocks of Talisman Energy grew over 10% Tuesday morning following this Tweet by Carl Icahn Monday afternoon: Through his 61 million share purchase, Icahn now owns 5.97% stake in Talisman Energy. Icahn is the …

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African Billionaires Numbered at 55

In a recent study conducted by Ventures magazine, a Nigerian business magazine which champions capitalist developments in Africa, has identified at least 55 billionaires on the continent of Africa. While this number is a conservative estimate, according to founder Chi-Chi Okonjo, it is still a drastic increase 16, from the number formerly reported by Forbes. Chi-Chi Okonjo contributes the under-reporting …

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Gas Prices Are Dropping at the Pump

Many motorists have noticed something different when filling up their cars lately–gas prices at the pump are slowly going down. According to GasBuddy, a website that monitors gas prices around the country, prices have dropped to as low as $3.08 per gallon in South Carolina. See where your state’s gas prices are here. According to an analyst for Gas Buddy, …

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$1.5 Trillion In Oil Discovered In Gulf Of Mexico

Good news for the oil industry and big business! Nearly $1.5 trillion worth of crude oil was just discovered through drilling pipes in the Gulf of Mexico. Robert Ryan, a geologist working with Texaco Inc. had no way of predicting that he would be changing the future of energy that exists in the Gulf of Mexico when he set it …

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