Gustav spares U.S. oil industry

2 votes
Recommend

Energy operations in the U.S. Gulf of Mexico and along its coast avoided the worst case scenario after a weakened Gustav made landfall. Oil and natural gas output continued to be shut in on Tuesday, but oil infrastructure appeared to have held up, sending oil prices down below $110 a barrel. Conway Gittens reports from New York. Featured Speakers:Anthony Grisanti, trader, GRZ EnergyDirk Kempthrone, U.S. Interior Secretary

Tags: energy operations, Gulf of Mexico, Gustav, oil infrastructure

China eyes fewer car, steel players

China wants to consolidate its steel and car industries, calling on key firms to take dominant...
» view video

Business Update: Asian stocks surge

Asian shares jump on U.S. plan to clear $1 trillion of banks' toxic assets. * Asian markets...
» view video

Business Update: Jobless record

The number of Americans receiving unemployment benefits hit another record, but there are signs new...
» view video

The Fed's big fix

The Federal Reserve is using every weapon in its arsenal to battle the recession. The markets...
» view video

Generic drug industry outlook

Director of Generics at Thomson Scientific Kate Kuhrt provides insight on the landscape of generic...
» view video

» browse all category videos

Video categories

» Home	» Specials	» World
» Business	» Technology	» U.S.
» Science	» Health	» Movie Reviews
» Movies	» Music	» People
» Sports	» Gadgets	» Video Games

SHARE THE VIDEO:

		Del.icio.us			Digg			Stumble Upon
		Facebook			Newsvine			Mixx

» E-mail To A Friend

Photos Gallery