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Why the Oil Price Rally Might Falter

2016-06-12 02:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Last year's oil price rally ran out of steam in early May after 112 days. This year's has already lasted longer (140 days so far) and prices have risen further, but there are worries that, it, too, may be running ahead of market fundamentals. While prices seem unlikely to collapse again, there are good reasons to expect a pause in their upward march. Crude prices have nearly doubled from the lows reached in mid-January. Brent rose above $50 a barrel last Monday and stayed there all week. West...

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Historic spring grain rally shifts focus to U.S. crop weather

2016-06-08 07:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Rows of corn wait to be harvested in a field in Minooka, Illinois, September 24, 2014. CHICAGO Grain prices have climbed this month to their highest point of the year, in one of the steepest U.S. planting-season rallies on record, propelled by a perfect storm of acute demand, crop weather concerns, currency gyrations and speculative buying. Now U.S. farmers are nearly finished planting what could be another massive corn and soybean crop, while the market is no longer surprised by Brazilian...

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FTSE rises as commodity rally continues

2016-06-07 10:23:19| BBC News | Business | UK Edition

London's benchmark share index opens higher as the recovery in commodity-related stocks continued.

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Matt Coffman Racing Pulls Double Duty in Formula Drift and Rally Racing

2016-06-06 23:51:39| K&N Racing News

Driver finds time to pursue his passion in two disciplines

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Oil Train Derails in Columbia River Gorge, Rally Calls for Ban on Bomb Trains

2016-06-05 17:12:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: A unit train carrying crude oil derailed near Mosier, Oregon, Friday. Mosier schools were evacuated and a large black plume of smoke filled the sky with visible flames. The train was carrying crude oil on the Union Pacific rail line. The placards on the train said 1267--signifying that the trains were carrying crude oil. "I never thought I`d see an oil train derail and burn in my community," Brett VandenHeuvel, executive director of Columbia Riverkeeper, said. "I watched in horror as the red...

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