Search results
Results from the WOW.Com Content Network
In the middle of the financial crisis of 2007–2008, the price of oil underwent a significant decrease after the record peak of US$147.27 it reached on 11 July 2008. On 23 December 2008, WTI crude oil spot price fell to US$30.28 a barrel, the lowest since the financial crisis of 2007–2008 began. The price sharply rebounded after the crisis ...
In the United States, gasoline consumption declined by 0.4% in 2007, [20] then fell by 0.5% in the first two months of 2008 alone. [21] Record-setting oil prices in the first half of 2008 and economic weakness in the second half of the year prompted a 1.2 Mbbl (190,000 m 3)/day contraction in US consumption of petroleum products, representing 5 ...
Oil prices rose to a new high of $119.90 a barrel on April 22, 2008, [31] before dipping and then rising $3 on April 25, 2008, to $119.10 on the New York Mercantile Exchange after a news report that a ship contracted by the U.S. Military Sealift Command fired at an Iranian boat.
The recession caused demand for energy to shrink in late 2008, with oil prices falling from the July 2008 high of $147 to a December 2008 low of $32. [46] Oil prices stabilized by October 2009 and established a trading range between $60 and $80. [46] The price of oil nearly tripled from $50 to $147 from early 2007 to 2008, before plunging as ...
Moments before the deadly crash of a charter jet on a Florida highway, three warnings about oil pressure problems in its two engines sounded, the National Transportation Safety Board said in a ...
April 27, 2008 - A fire broke out at a tank battery in Ward County. [164] May 15, 2009 - An oil tank battery exploded, following a tank battery fire, in Lamesa. [165] July 19, 2009 - A fire in the alkylation unit at CITGO's Corpus Christi refinery led to a release of hydrofluoric acid (HF).
One person was killed in a single-vehicle crash in Ontario County on Friday.
An Ontario County man was killed Wednesday night in a snowmobile crash in Martinsburg. Lewis County. According to the Lewis County Sheriff's Office, Michael Spooner, 54, of Clifton Springs was ...