Absentee ballots are yet to be counted, but it appears that a little-known Tea Party candidate in a surprise upset has seized the Alaska Republican U.S. Senate nomination from incumbent Sen. Lisa Murkowski in last Tuesday’s primary. As ranking member of the Senate Energy and Natural Resources Committee, Murkowski had been in line to be chairman of that powerful committee if the Republicans takeover the Senate in the next election.
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Futures Rally Shuts Down Decline Streak at Three Days
After three days of declines, natural gas futures bulls seized back control going into the weekend as the July contract closed on Friday at $4.781, up 13.4 cents from Thursday’s finish but 1.6 cents below last week’s close.
Raymond James: Companies with Cash Have the Upper Hand
With global financial markets seized up and credit scarce, energy companies that have cash on hand may be able to take advantage of overlevered, distressed firms in the near future, Raymond James & Associates Inc. analysts said in a report issued last week.
Raymond James: Companies with Cash Have the Upper Hand
With global financial markets seized up and credit scarce, energy companies that have cash on hand may be able to take advantage of overlevered, distressed firms in the near future, Raymond James & Associates Inc. analysts said in a report issued Monday.
Carpe Diem: Utilities See Sustainability as Top Priority
Utilities worldwide have seized the sustainability agenda and are moving at full throttle on a trio of top priorities: renewables, nuclear power and energy efficiency, according to the annual survey of utility executives by PricewaterhouseCoopers (PwC).