February 2009 Archive

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Berkshire has worst year, Buffett still optimistic (AP)

by Yahoo! News: Business - Energy & Oil Industry

In this May 21, 2008 file photo, U.S. billionaire investor Warren Buffett speaks during a news conference in Madrid. Buffett says the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic. (AP Photo/Paul White, File)AP - Warren Buffett remains optimistic about the prospects for his company and the nation even though Berkshire Hathaway Inc. turned in its worst performance in 2008 and the widely-followed investor says the economy will likely remain a mess beyond this year.


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Iraq: Oil prices may drag budget lower (AP)

by Yahoo! News: Business - Energy & Oil Industry

A handout picture released by the official website of Iran's supreme leader Ayatollah Ali Khamenei shows Iraqi President Jalal Talabani (C) meeting with his Iranian counterpart Mahmoud Ahmadinejad and Khamenei (R) in Tehran. Khamenei on Saturday urged visiting Iraqi President Jalal Talabani to expel Iran's main opposition group from Iraqi territory, the ISNA news agency reported.(AFP/HO)AP - Iraq's parliament pushed back voting Saturday on this year's budget and could be forced to make further cuts because of falling oil prices.


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Indonesia’s psychedelic fish named a new species (AP)

by Yahoo! News: Environment News

In this undated photo released by David Hall of seaphotos.com,  a recently discovered fish named 'psychedelica' is shown in the waters off Ambon island, Indonesia.  The frog-like fish — which has a swirl of tan and peach zebra stripes that extend from its aqua eyes to its tail — was initially discovered by scuba divers working as guides for a tour operator a year ago in shallow waters off Ambon island in eastern Indonesia. The operator contacted Ted Pietsch, lead author of a paper published in this February's edition of Copeia, the journal of the American Society of Ichthyologists and Herpetologists, which identified it as a new species.  (AP Photo/seaphotos.com, David Hall,  HO)AP - A funky, psychedelic fish that bounces on the ocean floor like a rubber ball has been classified as a new species, a scientific journal reported. The frogfish — which has a swirl of tan and peach zebra stripes that extend from its aqua eyes to its tail — was initially discovered by scuba diving instructors working for a tour operator a year ago in shallow waters off Ambon island in eastern Indonesia.


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Attempt to move Forest Service across town could spark turf war (McClatchy Newspapers)

by Yahoo! News: Environment News
McClatchy Newspapers - WASHINGTON — In what eventually could become a major bureaucratic turf war, there have been stirrings on Capitol Hill about moving the U.S. Forest Service from the Agriculture to the Interior Department.

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Oil prices end the week on the down side (AP)

by Yahoo! News: Business - Energy & Oil Industry

GE Energy Financial Services and Houston-based ATP Oil & Gas Corporation have joined forces to own and operate the ATP Innovator, shown here, a floating oil and gas production unit in deepwater Gulf of Mexico that processes much-needed domestic oil and natural gas for supply via pipeline to the US market. (Photo: Business Wire)AP - After months of cutting oil production it appeared this week that oil producing nations had finally captured some control in the crude markets, at least until the latest batch of economic news sent oil prices falling yet again.


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EPA says farm dust open to regulation (AP)

by Yahoo! News: Environment News
AP - Nothing says summer in Iowa like a cloud of dust behind a combine.

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Mass Civil Disobediance on Global Warming Monday (OneWorld.net)

by Yahoo! News: Environment News
OneWorld.net - WASHINGTON, Feb 27 (OneWorld.net) - Thousands of protestors will stage an act of mass civil disobedience at the coal-fired Capitol Power Plant in Washington, DC Monday, in what may be the highest profile act of civil disobedience on climate change in the United States.

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Residents near US base in Japan win damages for noise pollution (AFP)

by Yahoo! News: Environment News

A stealth fighter F-22A Raptor flies over Kadena Air Base for landing in Kadena town, southern island of Okinawa in February 2007. A Japanese court Friday ordered the government to pay more than 57 million dollars in compensation to residents over noise pollution from a US air base on the southern island of Okinawa.(AFP/File/Yoshikazu Tsuno)AFP - A Japanese court Friday ordered the government to pay more than 57 million dollars in compensation to residents over noise pollution from a US air base on the southern island of Okinawa.


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Oil prices end the week on the down side (AP)

by Yahoo! News: Business - Energy & Oil Industry

GE Energy Financial Services and Houston-based ATP Oil & Gas Corporation have joined forces to own and operate the ATP Innovator, shown here, a floating oil and gas production unit in deepwater Gulf of Mexico that processes much-needed domestic oil and natural gas for supply via pipeline to the US market. (Photo: Business Wire)AP - After months of cutting oil production it appeared this week that oil producing nations had finally captured some control in the crude markets, at least until the latest batch of economic news sent oil prices falling yet again.


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Oil pulled lower by dismal U.S. GDP data (Reuters)

by Yahoo! News: Business - Energy & Oil Industry

GE Energy Financial Services and Houston-based ATP Oil & Gas Corporation have joined forces to own and operate the ATP Innovator, shown here, a floating oil and gas production unit in deepwater Gulf of Mexico that processes much-needed domestic oil and natural gas for supply via pipeline to the US market. (Photo: Business Wire)Reuters - Oil prices fell 1 percent on Friday, pulled lower by U.S. data showing the economy of the world's largest energy consumer shrank more than expected in the final three months of 2008.


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