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Friday, April 2, 2010

Notes from All Over

Los Angeles commercial and residential customers are stunned at a 22% - 28% increase in their utility rates to pay for "green energy."

BEXP continues to raise cash: selling some west Texas assets for $14 million.

St Mary Land and Exploration raises cash: sells non-core properties in North Datota.

Price of oil: I expect it to go higher after today's news. Chavez and Putin have signed a deal for Russia to pump 1/5th of the Orinoco heavy oil belt, a field discovered and developed by the US. Now, a fifth goes to Russia, as well as side deals for nuclear and space technology, adding uncertainty in the region. 

Otherwise, kind of a slow day. Sorry.

This might be a good day to review some of the archived stories found in the sidebar on the right.

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