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North America, Oil Timeline Monday, October 6     Author
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Oil price surges above $143 a barrel  Light, sweet crude for August delivery rose $3.31 a barrel in electronic trading on the New York Mercantile Exchange, by midday in Europe   Bush calls for offshore drilling
World News Business (412) Oil (114) North America
2007 (4) 2006 (2) 2005 (2) 2004 (3)
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Fuel shortage fear after storm  Oil refineries put out of action by Hurricane Ike could take eight to nine days to recover US oil officials in sex scandal  Government officials responsible for collecting revenue from oil companies have been accused of being involved in a culture of 'ethical fail... Oil price jumps above $121 a barrel  Oil prices shot up $6 a barrel, rising to the highest level in 2 weeks as escalating tensions with Russia stoked fears of a disruption of en...   Obama urges opening oil reserves  Presidential hopeful Barack Obama has outlined his plans to tackle the growing cost of energy and its impact on the U.S. economy   Gore challenges US to ditch oil  The Nobel laureate and ex-VP has urged Americans to abandon electricity generated by fossil fuels within a decade   Bush lifts ban on offshore oil drilling  President Bush lifted an executive order banning offshore oil drilling and urged Congress to follow suit Oil price per barrel reached $147.02

September 2008 ... more > Top ^

Sep. 14   Texas
Sep. 10   Washington

August 2008 ... more > Top ^

Aug.21   New York
Aug.4   USA

July 2008 ... more > Top ^

Jul.17   USA
Jul.14   Washington
Jul.11   New York
  OPEC's president predicted prices may reach $170 by the Northern summer

June 2008 ... more > Top ^

Jun.30   New York
Jun.18   Washington
  President George W Bush has called on Congress to end a 27-year ban on drilling for oil in coastal waters, to reduce dependence on imports
Jun.16   New York Oil at record near $140 a barrel  The price of crude hit $139.89 , a new high of close, despite Saudi Arabia agreeing to increase output in July Jun.6   New York Oil price soars as US woes mount
  The price of oil has made a record jump to nearly $139 a barrel, gaining more than $10 - its biggest-ever one-day rise
  New York Oil prices soar above $134 a barrel  Crude oil is extending big gains from the previous day and racing toward an all-time high

May 2008 ... more > Top ^

May.22   New York Oil soars to new record over $135
  The price of oil is more than twice what it cost a year ago. The latest surge was driven by fallen US supplies of crude

April 2008 ... more > Top ^

Apr.21   UN   Leaders warn on biofuels and food  Bolivian President Morales and President Garcia of Peru have issued warnings about the effects of biofuel production on food supplies Apr.18   New York Crude hits record $117 per barrel  Oil and gasoline futures surged to a new trading record following an attack on a key pipeline in Nigeria

year 2007 Top ^

Oct.29   UN Israel's Gaza fuel cuts alarm UN  Energy sanctions against the Hamas-run Strip punish an entire population and are unacceptable Jun.6   New York Oil prices rise on cyclone, unrest  Prices rose over $71 a barrel after news Turkish troops conducted operations in Iraq rekindled concerns over escalating tensions Jan.16   Washington BP failed on safety - U.S. panel  Panel: British oil company failed to emphasize safety at its U.S. refineries before the Texas City explosion that killed 15

year 2006 Top ^

Jul.13   USA Record oil price of $78.40 per barrel
  Due in part to N. Korea's missile launches, Middle East Crisis, Iranian nuclear brinkmanship
Apr.21   New York Oil breaks through record $75  There are fears of a supply disruptions in Iran and Nigeria and reports of gas shortages on the U.S. East Coast

year 2005 Top ^

Jun.23   New York Oil price hits $60 a barrel level

year 2004 Top ^

Oct.22   New York Oil price rises above $55 a barrel  Petroleum supply crude data has shown 5 weeks of falling inventories of distillate fuel Sep.27   New York Oil rises to $50  Rising tension in Nigeria has pushed U.S. crude oil futures to the psychological level Aug.20   New York Oil nears key $50-a-barrel mark  Fresh violence in Iraq has seen oil prices surge to $49.27 a barrel



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