October 2017 archive

Oil Futures Rise on Friday as Tensions Mount in Iraq Following Independence Referendum

Oil prices climbed on Friday as investors considered the potential fallout from the independence referendum in Iraq, according to Bloomberg MarketWatch. November West Texas Intermediate crude added 11 cents, or 0.2%, to settle at $51.67 a barrel on the New York Mercantile Exchange. For the week, WTI was up nearly 7.7% and saw a quarterly rise …

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Energy Secretary Perry Issues Notice to FERC to Address Electric Grid Resiliency

U.S. Energy Secretary Rick Perry issued a formal Notice of Proposed Rulemaking to FERC requesting immediate action to address threats to the resiliency of the nation’s electrical grid, according to a news release issued Friday. “A reliable and resilient electrical grid is critical not only to our national and economic security, but also to the everyday lives …

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