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Vol. 14, No. 4 Week of January 25, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Bad economic news a drag on oil prices

Jake Neubacher

Associated Press Writer

Rising U.S. jobless claims and a slump in new home construction pushed oil prices lower Jan. 22 on fears that crude demand in the world’s largest economy will soften further. Some positive earnings reports from U.S. companies and hopes of a fiscal stimulus plan by President Barack Obama had seen oil....

    [additional news subjects in this story]

Jobless claims up

Crude inventories up


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