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Keyword: barrel

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  • Syrian Regime Unleashes the Barrel Bomb's Big Brother

    07/11/2015 5:15:40 PM PDT · by Eleutheria5 · 13 replies
    Arutz Sheva ^ | 11/7/15
    Syria's regime killed at least 28 people, mostly civilians, on Saturday when its warplanes dropped massive makeshift bombs on a town held by the Islamic State (ISIS) group, a monitor said. The Syrian Observatory for Human Rights said the bombs used in the attacks on Al-Bab, in the northern province of Aleppo, were three times more destructive than so-called barrel bombs, which have already drawn widespread international condemnation. "The army used 'container bombs' which are three times more powerful than 'barrel bombs'," said Observatory director Rami Abdel Rahman. The barrel bomb was previously joined by the elephant rocket, another crude...
  • Oil extends rout, falls below $51 a barrel

    01/05/2015 6:50:15 AM PST · by Enlightened1 · 19 replies
    Market Watch ^ | 01/05/0=15 | William Watts
    Oil futures continued to tumble Monday, knocked to fresh 5 1/2 year lows as investors remain focused on a surging dollar and growing supplies of crude oil. Meanwhile, news reports last week said Russian oil production continued to rise in December. “The reason behind what could be the next leg lower? The economic conditions the oil markets face have not changed, which is eliminating buyers from even considering entering [long] positions,” said Jameel Ahmad, chief market analyst at FXTM. A rising U.S. currency makes dollar-denominated crude more expensive to users of euros, yen and other units.
  • Fear of a Bourbon Shortage Puts Enthusiasts Over a Barrel

    12/08/2014 3:28:53 PM PST · by Libloather · 92 replies
    MSN ^ | 12/08/14 | Tripp Mickle
    **SNIP** Bourbon’s popularity has surged ever since the amber liquor became a star of Mad Men. Magazines such as GQ and Bon Appétit have devoted pages to articles on bourbon cocktails. The Manhattan and Old Fashioned have become fashionable again. President Barack Obama recently proposed a “Bourbon Summit” with Kentucky Senator Mitch McConnell. “Whiskey has gone away from being seen as an old man drink,” says Mahesh Patel, a structural engineer who owns 4,000 bottles of whiskey and sponsors an annual tasting conference in Las Vegas. Sales of bourbon are growing at a dizzying rate. Domestic sales of Kentucky-made bourbon...
  • Video: Syria Drops New ‘Barrel Bomb’ on Aleppo

    09/01/2012 10:57:01 PM PDT · by Nachum · 22 replies
    INN ^ | 9/1/12 | Tzvi Ben Gedalyahu
    Syria killed Aleppo residents with a new Russian-made “barrel bomb,” large old drums stuffed with explosives, oil and pieces steel that maim, kill and terrorize, the London Telegraph reported Sunday morning. The homemade bomb spread devastation across a wide swath of the commercial hub, as seen in a video published by the London newspaper. "The sound was like nothing else I've ever heard. It was an almighty whoosh," rebel fighter Mohammed Ibrahim told the Telegraph. The blast perforated his eardrums, but others, including his cousin, were killed by the bomb, which was dropped by low-flying helicopters. Rebels are desperately trying...
  • Guns&Ammo Review: Arsenal Firearms Introduces Double Barrel Pistol (.45cal)

    03/12/2012 1:07:15 PM PDT · by LibWhacker · 76 replies
    Guns & Ammo ^ | 3/12/12 | Iain Harrison
    It may come as a surprise to some (and boy, do I feel like a cantankerous old geezer for saying this,) but firearms are a mature technology. We all have to be aware that just because you can do something, doesn’t mean you should” Following the invention of the double column magazine by Deudonne Saive, there really haven’t been a whole lot of original ideas coming out of the handgun industry for the last 75 years. Yes, I know, underqualified hacks like me will tell you all about the latest whizbang doodad from SHOT show, but in comparison to...
  • Gingrich cashed in supporting subsidies for big businessRead more:

    11/17/2011 1:34:10 PM PST · by Fred · 146 replies · 1+ views
    Daily Caller ^ | November 17, 2011 | Will Rahn
    Since leaving office in 1999, former House Speaker Newt Gingrich has spent much of his time convincing conservatives to support government subsidies for large corporations, reports the Washington Examiner. In addition to his work as a “strategic consultant” for government-sponsored mortgage lender Freddie Mac, the Examiner reports that tax filings show Gingrich received money from the ethanol lobby. Green Energy, a lobbying group that works to secure and create government subsidies for the much-criticized ethanol industry, paid the Gingrich Group more than $300,000 as recently as 2009. Unlike most conservative experts on the industry, Gingrich is a staunch advocate of...

    04/07/2011 9:07:29 PM PDT · by Sprite518 · 5 replies
    Year, Month, Monthly Average, and Yearly Average
  • Some OPEC Members Push for $100 a Barrel Oil (Warns of the consequences of a Dollar devaluation)

    10/15/2010 9:50:01 AM PDT · by WebFocus · 7 replies
    Daily Finance ^ | 10/15/2010 | Hugh Collins
    Some OPEC members want oil prices to rise to $100 a barrel to offset the decline in the dollar. The value of the dollar, which has slipped 13% since June against major world currencies, means that the "real price" of oil is about $20 less than current levels, Venezuela's Energy and Oil Minister Rafael Ramirez said after Thursday's OPEC meeting in Vienna. OPEC, which accounts for 40% of global crude output, left targets unchanged and called for stronger adherence to production quotas, Bloomberg News said. "They're concerned about the dollar because as the dollar weakens, prices go up," Nordine Ait-Laoussine,...
  • A Clean Barrel

    10/30/2009 8:24:14 PM PDT · by Retain Mike · 56 replies · 2,246+ views
    The National Rifleman ^ | October 2009 | John Barsness
    Many obsessive riflemen “know” a lot of things about the insides of their barrels. They know they must break-in barrels and that any bore only slightly smudged by the passage of bullets will shoot less accurately compared with a barrel as clean as Aunt Josie’s kitchen floor. First, let’s examine “proper” barrel break-in. According to just about everybody, this is accomplished by firing one shot, cleaning the barrel of all powder and copper fouling, firing another shot, cleaning, etc. Advice on how long to continue this tedious routine varies from 10 to 30 rounds. The procedure supposedly smooths the bore,...
  • Pickens: Oil Could Go to $300 a Barrel

    06/19/2009 11:07:40 AM PDT · by TLI · 50 replies · 1,544+ views ^ | Friday, June 19, 2009 10:01 AM | Dan Weil
    . Legendary oil man T. Boone Pickens says that if the U.S. doesn’t take major steps to curb its reliance on foreign oil, the consequences will be drastic. “Let’s say in 10 years, you do nothing,” Pickens tells Fortune. “You will be importing 75 percent of your oil (up from 68 percent now), and you’ll be paying $300 a barrel.” .
  • Crude rises above $108 per barrel in New York

    03/10/2008 3:18:22 PM PDT · by familyop · 49 replies · 1,089+ views
    Oil Marketer (UK) ^ | 10MAR08 | Elaine Frei
    Crude oil prices were higher again Monday, hitting a new record at $108.17 per barrel before falling back a bit but remaining above $107 per barrel at the close of floor trade in New York. April contracts for West Texas Intermediate crude were at $107.85 per barrel at the close on the New York Mercantile Exchange, a gain of $2.70 on the session and slight decline from its peak earlier, while Brent crude added $1.79 to $104.17 per barrel on the ICE Futures Europe exchange in London. Investors put their money into oil as a hedge against declines in the...
  • Woman Drowns In Rain Barrel [rescuing a kitten]

    01/07/2008 3:08:59 PM PST · by Daffynition · 59 replies · 165+ views ^ | January 7, 2008 | staff reporter
    SANTA FE, N.M. -- A woman drowned when she apparently tried to retrieve a kitten from a 55-gallon rain barrel at her home southeast of Santa Fe. Santa Fe County Sheriff Greg Solano said 48-year-old Deborah Hill was found by her husband Sunday afternoon after he returned home from running errands. Solano said the couple had dragged the plastic barrel inside their home because they wanted to thaw ice that had formed in the barrel. The barrel, which Solano said was tied to a door so it wouldn't tip, was about one-third full of water when the kitten fell in....
  • Oil to hit $100 in next six months - Pickens

    12/11/2007 8:41:38 PM PST · by familyop · 27 replies · 411+ views
    Reuters (UK) ^ | 11DEC07 | Reuters (UK)
    NEW YORK, Dec 11 (Reuters) - Oil prices will hit $100 a barrel before dipping to $80, and should pierce the triple-digit threshold within the next six months, investor T. Boone Pickens said on Tuesday. "Get ready for $100, it is coming up. A hundred dollars will come before $80," said the Texas oilman who heads the BP Capital hedge fund during an interview with CNBC television channel, adding that he expects the market to become adjusted to $100 oil. "You'll see it ($100 oil) within the next six months. A hundred dollars is going to become routine." U.S. oil...
  • Oil briefly falls below $50 per barrel

    01/18/2007 1:07:12 PM PST · by NormsRevenge · 68 replies · 1,054+ views
    AP on Yahoo ^ | 1/18/07 | Stan Choe - ap
    NEW YORK - Oil prices briefly fell below $50 per barrel Thursday for the first time since May 25, 2005, after the government reported larger-than-expected jumps in crude oil and gasoline inventories. Oil has dropped 17 percent since the end of 2006 amid weeks of mild winter weather in the U.S. Northeast, a key consumer of heating fuels, and growing energy stockpiles. "There's no doubt that this is significant," said Phil Flynn of Alaron Trading Corp. "If you're a bull, the only thing you can hold your hat on is they didn't close below $50." The price for a barrel...
  • Crude oil closes at $57.59 -- down 1.6% -- lowest since 06/2005

    10/11/2006 12:21:19 PM PDT · by soccer_maniac · 16 replies · 613+ views ^ | 10-11-2006 |
    SAN FRANCISCO (MarketWatch) -- November crude dropped 93 cents to close at $57.59 a barrel Wednesday, marking the contract's weakest closing level since June 2005 as traders eyed the latest news from key oil producers and awaited Thursday's data on U.S. petroleum supplies. November unleaded gasoline fell 1.65 cents to close at $1.4503 a gallon and November heating oil closed at $1.672 a gallon, down 0.89 cent. November natural gas fell 31.6 cents, or 4.9%, to end at $6.15 per million British thermal units
  • Oil Prices Drop Below $60 a Barrel on Doubts That OPEC Will Cut Output to Lift Crude Prices

    10/06/2006 12:40:54 AM PDT · by soccer_maniac · 24 replies · 556+ views
    AP ^ | 10-06-2006 | AP
    SINGAPORE (AP) -- Oil prices fell below $60 a barrel in thin trading Friday on doubts that OPEC would cut output to lift crude prices. "The market is not expecting any production cuts at the moment," said Tetsu Emori, an analyst with Mitsui Bussan Futures in Tokyo. "The market sentiment is not really confident. Some oil producing countries have already cut production but the market hasn't really reacted." Light, sweet crude for November delivery dropped 40 cents to $59.63 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore.
  • Oil drop below $60 a barrel in Asia

    09/24/2006 9:41:41 PM PDT · by NormsRevenge · 11 replies · 509+ views
    Tanalee Smith - ap ^ | 9/24/06 | AP
    bn SINGAPORE - Oil prices dropped below $60 a barrel in Asian trading on Monday, and analysts attributed the bailout to high inventories and receding fears about supply threats. Victor Shum, an energy analyst with Purvin & Gertz in Singapore, said hedge funds and investors were reacting to a soft market but noted that $60 is still a very strong price and said the market was still vulnerable to price spikes. Light sweet crude for November delivery fell 60 cents to $59.95 a barrel in midmorning Asian electronic trading on the New York Mercantile Exchange. Oil prices have dropped 23...
  • Oil Prices Drop Below $70 a Barrel

    08/29/2006 7:07:13 AM PDT · by shrinkermd · 210 replies · 6,051+ views
    Yanoo ^ | 29 August 2006 | staff
    LONDON (AP) -- Oil prices fell below $70 a barrel Tuesday as Tropical Storm Ernesto veered away from the oil and gas region of the Gulf of Mexico, easing concern that output would be disrupted. Light sweet crude for October delivery on the New York Mercantile Exchange fell 85 cents to $69.76 a barrel in electronic trading by afternoon in Europe. It last traded below $70 on Aug. 18. The fall extended a $1.90 drop on Monday, when it settled at $70.61. October Brent crude at London's ICE Futures exchange dropped 86 cents to $69.96 a barrel. Royal Dutch Shell...
  • Oil hits record $74 on Iran, US gasoline stocks

    04/19/2006 2:59:50 PM PDT · by M. Espinola · 68 replies · 1,330+ views
    (Reuters) ^ | 4-19-06
    LONDON - Oil hit a record $74 a barrel Wednesday on fears Iran's intensifying dispute with the West may hit oil supplies and after U.S. gasoline stocks dropped. London's Brent crude settled $1.22 higher at $73.73 a barrel after peaking at a record $74. U.S. gasoline stocks slumped more than 5 million barrels last week, government data released Wednesday showed. It was a larger fall than analysts polled by Reuters expected, and supplies are now nearly 5 percent below last year's level. "The EIA (inventory) data are bullish in light of expectations," said Kyle Cooper, analyst at IAF Advisors in...
  • Opec output hike seen , Oil could rise to $80 per barrel:

    08/31/2005 1:11:50 AM PDT · by M. Espinola · 71 replies · 1,077+ views
    Bahrain Tribune ^ | 30/08/2005
    Opec President Shaikh Ahmad Al Fahd Al Sabah said yesterday he will propose the cartel raise its output by 500,000 barrels per day when the group meets in September in an attempt to help cool oil prices at record highs. Shaikh Ahmad, also Kuwaiti oil minister, said he will also propose a 500,000 bpd increase in the group's official output ceiling at the September 19th meeting. "We hope that the resolution to the board to increase production and the ceiling, 500,000 (bpd) and 500,000 (bpd), and to refresh the dialogue with all the main consumers, I hope this will...