Tag Archives: Price Gouging

Oil plummets as Ike largely spares energy output

Oil plummets as Ike largely spares energy output NEW YORK (AP) - Oil prices plunged to a seven-month low Monday as the Gulf Coast energy infrastructure appeared relatively unharmed after Hurricane Ike and traders bet that Lehman Brothers’ bankruptcy could … Continue reading

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Ike destroys a number of Gulf platforms

Ike destroys a number of Gulf platforms HOUSTON (AP) - Hurricane Ike appears to have destroyed a number of production platforms and damaged some of the pipelines in the Gulf of Mexico, federal officials said Sunday. Fly-overs revealed that at … Continue reading

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Bush lifts import fuel limits, Ike price-gouging reported

Bush lifts import fuel limits, Ike price-gouging reported WASHINGTON, (AFP) – US President George W. Bush announced on Saturday restrictions on imported gasoline had been suspended in response to Hurricane Ike, which disrupted operations at Gulf Coast oil refineries and … Continue reading

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