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Crude Oil Futures Rise After Bigger-Than-Expected Gasoline Supply Decline

Crude oil futures rose more than $2 abarrel after a U.S. Energy Department report showed a bigger-than-forecast decline in inventories of gasoline as refiners shutunits and imports fell.
[in Bloomberg: Energy]

U.S. Fuel Use Falls to a Five-Year Low in First 7 Months of 2008, API Says

Record gasoline prices caused U.S.demand to sink to a five-year low in the first seven months ofthe year, slashing auto sales and cutting consumer spending.
[in Bloomberg: Energy]

State Weighs Natural-Gas Push

[in Gas.com]

Egypt set to launch international tender

Egypt’s Ministry of Petroleum announced its plan to conduct an internationaltender that will lead to greater offshore drilling in the Mediterranean Sea.
[in Upstream Online: Catchup]

The eagles that fly

[in Gas.com]

Fewer Americans hit the road in June

[in Gas.com]

Abraxas sees a $57.7m loss

Abraxas Petroleum and Abraxas Energy Partners posted a consolidated net lossfor the second quarter of the year.
[in Upstream Online: Catchup]

Makati's example in protecting a city

[in Gas.com]

Berry raises Diatomite assets

Independent oil and gas producer Berry Petroleum said it is raising theestimate of oil in its diatomite assets by more than 35% to 330 millionbarrels.
[in Upstream Online: Catchup]

GLNG seals land deal for Gladstone LNG project

[in Gas.com]