Senate Backs Wind, Solar Tax Breaks
Jeff Johnson
THE SENATE overwhelmingly passed legislation last week that would renew and expand tax incentives for wind, solar, and other energy sources as part of a $120 billion, 10-year tax package. Renewable energy firms had long sought the extensions because the current tax breaks terminate at the end of the [...]

CARACAS (Reuters) - President Hugo Chavez said on Sunday Venezuela will develop a nuclear reactor for peaceful purposes, in another challenge to Washington just days after Russia offered nuclear assistance to the socialist Latin American leader.
“In Venezuela we are interested in development of nuclear energy, of course for peaceful purposes, for medical purposes, for purposes [...]

By MICHAEL PELTIER (Contact)
TALLAHASSEE — A decision by Congressional Democrats to allow a federal oil-drilling ban to expire this week may not immediately affect a moratorium on exploration off Florida’s Gulf coast, but the wisdom of that decision depends on with whom you speak.
Congressional Democratic leaders announced late last week they would allow a federal [...]

The Associated Press
BAGHDAD: Iraq’s Oil Ministry says it has dropped British oil company Premier Oil PLC from a group that qualified for the chance to develop the country’s largest oil and gas fields.
A ministry official says the company failed to submit documents required for it to compete in a bid due to start next month.
As [...]

Idahosa Asowata
International crude oil prices are close to breaking through $100 a barrel due to the US dollar’s drop against other currencies.
For the first time, West Texas Intermediate futures moved above $99 a barrel yesterday in Asian trading and this sent the quote to $99.29 in after-hours electronic trading on the New York Mercantile Exchange.
The [...]

* Oil falls on rising dollar
* U.S. lawmakers aiming to vote on Monday on bailout
* Iran avoids new sanctions in UN council vote (Adds details, analyst’s comments)
By Fayen Wong
PERTH, Sept 29 (Reuters) - Oil extended its decline and fell towards $106 a barrel on Monday, pressured by gains in the U.S. dollar amid [...]

MUMBAI (Reuters) - Palm oil prices are set to rise soon on higher demand from biofuel makers and stock building by some consumers, while the credit crisis will have only a small impact on the commodity, a leading industry official said.
Derom Bangun, executive chairman of the Indonesian Palm Oil Association, on Saturday said prices [...]

Attorney General McGraw investigating potential gas gouging across state
By Mannix Porterfield
Register-Herald Reporter
For many West Virginians in these precarious times, the choice is simple: Food or gasoline.
In a rural state as this one, the choice becomes even more difficult since private transportation is a necessity, not a luxury, says veteran Attorney General Darrell V. McGraw Jr.
“Our [...]

Heating a home often comes down to choosing between oil or gas. But there?s a better, greener solution: wood.
By Elizabeth Gehrman
When I finally finished the outrageously expensive gut-renovation of my two-family East Boston Cape in 2004, I was surprised and grateful to hear that the boilers, at least, could keep sputtering away for a few [...]

TEHRAN (Reuters) - Rising costs for oil projects may threaten new investment in producing countries, Iran’s oil minister said in remarks published on Saturday.
Gholamhossein Nozari also said volatility in oil prices, which have swung above and below $100 a barrel this month, was partly due to the instability of the U.S. dollar.
“The oil market [...]