Tropical Storm in Gulf Could Further Strain Commodities Prices
Prolonged periods of heavy rain from the new tropical storm in the Gulf of Mexico will do little to alleviate severe drought conditions that have plagued the nation's midsection.
Katia Reaches Hurricane Strength, Major Oil Companies Start Evacuation
As the chances of a low-pressure system in the Gulf of Mexico turning into a tropical depression in next two days increase and reach around 70 percent, major oil and natural gas companies functioning in the U.S-regulated areas of the Gulf of Mexico have stopped their operations and started evacuating their employees.
Katia Strengthens, New Storm Threatens Drought Stricken Texas, U.S. Gulf Coast
Texas has prayed for rain during months-long drought that has escalated in recent weeks with severe heat but the Lonestar state probably didn't want a hurricane to solve the dilemma. Forecasters say, however, that the next hurricane serious hurricane threat to the U.S. may not be Hurricane Katia. A new low-pressure system has developed in the Gulf of Mexico that the National Hurricane Center says is likely to become a tropical cyclone in the next two days before possibly threatening the U.S.,...
Gulf Could Take a Hit From Latest Storm
If a new tropical storm gains momentum and becomes a hurricane, it could wreak havoc on oil production in the Gulf of Mexico.
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70% Chance of Tropical Cyclone in Gulf as Hurricane Katia Strengthens in Atlantic
A low pressure located in the central Gulf of Mexico could strengthen into a tropical storm or depression in the next 24 hours as Hurricane Katia churns in the Atlantic.
Hurricane Katia Likely to Become Major Atlantic Storm; Projected Path Uncertain, U.S. Strike Possibility Remains
Hurricane Katia is likely to become a major storm this weekend, and an eventual threat to the U.S. has not been ruled out. The National Hurricane Center said Thursday Katia, now about 1,000 miles east of St. Lucia in the Carribbean, is on a projected path to be well east of the Bahamas and south of Bermuda by Sept. 6. Katia has winds near 75 miles per hour, and the storm is moving west at 20 miles per hour.
Analysis - AuRico Gold Struggles with Reputation, Expectations
AuRico Gold is having a difficult time escaping the image of being a miner more prone to delivering disappointment than gold bars.
New Hurricane Could Disrupt Gulf Oil
If a new tropical storm gains momentum and becomes a hurricane, it could wreak havoc on oil production in the Gulf of Mexico.
Katia Path: Hurricane Strengthening; U.S. Strike Not Ruled Out; Another Developing in Gulf
Hurricane Katia is official, as the storm strengthened in the past 24 hours from tropical storm strength. The National Hurricane Center in Miami says Katia, the second hurricane of the 2011 Atlantic season, will likely further strengthen and become a major hurricane by the weekend. The threat that Katia could eventually strike the U.S. remains, through models are uncertain.
Gold Rises in European Trading
Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
Katia Becomes a Hurricane, Moves Across Atlantic
Tropical Storm Katia strengthened into a hurricane over the Atlantic Wednesday, while another mass of thunderstorms that could become a named storm this week triggered evacuations of some oil workers from the Gulf of Mexico.
Top Climate Scientist Arrested at White House Oil Pipeline Protest
James Hansen, a NASA scientist who famously gave congressional testimony on the environmental impacts of global warming back in 1988, was arrested outside of the White House on Monday.
Joe Jonas, Actor and Producer in 'Older-feeling Kind of Movie' [VIDEO]
Joe Jonas has been experiencing a busy year. The middle Jonas brother has gone solo in a side project. With an album and tour coming up within a few weeks, it seems crazy to think that the 22 year-old also has a new film in the works. The star has two roles in the project--actor and producer. Joe Jonas is truly living the fast life.
ATF Director Loses Top Job Over 'Fast and Furious' Operation
Kenneth Melson, acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), lost his job amid a Congressional probe over a troubled gun-trafficking operation.
Brent Crude Holds Around $114
Brent crude hovered at $114 a barrel Wednesday, after posting six days of gains, on expectations the United States will act again to try and boost growth and increase demand for oil.
ATF Boss and U.S. Attorney Ousted in Gun Fiasco
The Obama Administration on Tuesday replaced two senior officials who helped to oversee a troubled federal operation that targeted gun trafficking.
Daryl Hannah Character Would Like Oil Pipeline
The real-life pursuits of the Hollywood star stand in stark contrast to one of her most enduring characters on the silver screen: the decidedly pro-business Darien Taylor in the movie “Wall Street.”
Exxon Mobil Signs Arctic Drilling Deal With Russia
Exxon Mobil can look for oil in Russian territory in the Arctic Ocean under an agreement made Tuesday with Rosneft, the Russian state oil company. The deal is huge for Exxon Mobil, which beat BP for access to a region in which oil drilling is largely prohibited.
ATF Chief Reassigned in Fast and Furious Scandal
The White House replaced the head of the Bureau of Alcohol, Tobacco, Firearms and Explosives and the U.S. Attorney for Arizona on Tuesday in the latest casualties over a botched gun-running investigation known as Operation Fast and Furious.
Mexicans Arrest 5 in Monterrey Casino Slaughter
Mexico has arrested five suspected drug gang members in connection with the burning of a casino last week that killed at least 52 people, one of the worst attacks on civilians in the country in years.
Jake Owen's Blue Jean Night is ordinary
If you were to scientifically engineer a modern male country star, you might come up with Jake Owen. He's got the stubble-laden dimples, the easy grin, the longish, slightly tousled hair, the pleasant, Southern-accented baritone, and the obligatory one-syllable first name and two-syllable last name.
U.S. solar industry was net exporter in 2010
The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.
AuRico Gold to buy Northgate in C$1.46 billion deal
Mexico-focused miner AuRico Gold (AUQ.TO: Quote) has offered to buy Northgate Minerals (NGX.TO: Quote) for C$1.46 billion ($1.5 billion) in a friendly deal that would nearly double its output and expand its geographic reach as gold prices soar.
Northgate Minerals Shares Rocket up 27.94 Percent
Northgate Minerals Corp. shares rocket 24.94 percent Monday after investors learn it will be bought by AuRico Gold Inc. for $1.48 billion.
Ron Paul Calls for End of FEMA, in Hurricane Irene's Aftermath
Not disguising his complete aversion to the Federal Emergency Management Agency (FEMA), 2012 Republican presidential candidate Ron Paul said he believes the country would be better off without it.
Campaign 2012: Where do Republican Candidates Stand on Illegal Immigration?
A look at the presidential candidates and their stance on immigration.
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