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Vol. 16, No. 41 Week of October 09, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil prices hit new lows for 2011, again

From three-year high in May, driven by Middle East tensions, prices drop as markets spooked by possible European financial crisis

Chris Kahn

Associated Press Energy Writer

Oil prices can’t find a leg to stand on. Many of the key factors that drove oil to three-year highs in May — fears of growing Middle East tensions, rising Chinese demand, bullish views from investment banks and expectations of an aggressive U.S. stimulus plan — have been diminished. Meanwhile, a lo....

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