Energy Headlines

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AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.

Dozen centuries-old shipwrecks found in Baltic Sea (AP)

AP - A dozen centuries-old shipwrecks — some of them unusually well-preserved — have been found in the Baltic Sea by a gas company building an underwater pipeline between Russia and Germany.

Energy Dept. still sees $3-plus gasoline coming (AP)
AP - The Energy Department hasn't changed its mind about higher gasoline prices. It still expects pump prices to climb past $3 per gallon as more motorists hit the road in the spring and summer driving seasons.

Overseas Shipholding completes 3.5M share offer (AP)
AP - Oil tanker operator Overseas Shipholding Group Inc. said Tuesday it has collected $158.7 million in proceeds from its offering of 3.5 million common shares at $45.33 each.

Oil prices slip on stronger dollar (AFP)

AFP - Oil prices slipped Tuesday under pressure from a stronger dollar and ahead of weekly data on petroleum inventories in the United States, the world's largest energy consumer.

Oil settles lower, ending brief rally (AP)

AP - Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week.

Oil ends lower, ending brief rally (AP)
AP - Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. A stronger dollar and concerns about rising crude inventories pushed oil prices down.

Governor Rendell Says Federal Recovery Act-Funded Rebates Will Make Energy-Efficient Home Heating Equipment More Affordable (PR Newswire)
PR Newswire - Resource Solutions Group Chosen to Manage $11 Million Program that Complements Rebates by Electric Utilities

Israel, Syria eye nuclear power plants (AFP)

AFP - Israel and Syria each announced plans Tuesday to develop nuclear power to meet the energy needs of the volatile Middle East, during a conference hosted by France to promote reactors.

Telecoms lead Wall St rise a year after market bottom (Reuters)

Reuters - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.