U.S. Jobs Data Propels Crude Oil Above $80 a BarrelJobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.
Yemen’s Push Into the Gas Sector Fails to Stimulate Great Excitement and Raises Disturbing QuestionsWith Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more thought should be given to carving out the country's post-petroleum era.
Renewed Battle for the Falkland Islands Suits the Embattled British, Argentine Leaders, and OthersThe artificially-engendered revival of the dispute, which began in February 2010 between Argentina and the United Kingdom over the sovereignty of the Falkland Islands in the South Atlantic....
