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US drillers are fighting back against OPEC, low oil prices

NEW YORK - OPEC and lower global oil prices have delivered a one-two punch...Hughes.Spurred by rising global oil prices, U.S. drillers learned to tap...can still make good profits at low oil prices because their crude costs $10 or...

http://chronicle.augusta.com/news/business/2015-03-27/us-drillers-are-fighting-b
Price of oil falls again after 'head fake' rally; price of gas likely to follow

...summertime for the first time since 2004.Oil prices had appeared to stabilize in a range...Energy Agency called a recent rise in oil prices a "head fake" and a "facade of...Kloza, the chief oil analyst at the Oil Price Information Service.The national...

http://chronicle.augusta.com/news/business/2015-03-13/price-oil-falls-again-afte
Augusta economy poised to outgrow state

...Cheaper energy will also boost the state's manufacturing sector which could lead to added hiring.However, the oil-price drop is stalling gas and oil development, which impacts some Georgia companies that supply that industry. Also weakness...

http://chronicle.augusta.com/news/business/2015-03-11/augusta-economy-poised-out
US running out of room to store oil; price collapse next?

...transporting it.Also, drillers are cutting back fast because oil prices have plummeted from $107 a barrel in June, and demand...easing the surplus somewhat.But many analysts believe oil prices will fall through the spring, before summer drivers...

http://chronicle.augusta.com/news/business/2015-03-03/us-running-out-room-store-
Buffett declines to clarify plan to eventually replace him

...Buffett said ExxonMobil still has good long-term prospects even though its earnings power has been diminished by lower oil prices.As Buffett discussed specific stocks, he avoided giving direct advice about whether to buy them and he warned investors...

http://chronicle.augusta.com/news/business/2015-03-02/buffett-declines-clarify-p
Dollar Drag: surging buck hits US corporate earnings

...Bank.Over the past year, the dollar has climbed 18 percent against major currencies. The surging dollar and plunging oil prices are the main reasons analysts keep cutting their forecasts for corporate profits even though economists expect the U...

http://chronicle.augusta.com/news/business/2015-02-20/dollar-drag-surging-buck-h
Japan economy makes meek exit from recession

...likely to moderate because of the recent plunge in crude oil prices,"So this is critical to see a pickup of growth in...incomes have not risen.The more than 60 percent plunge in oil prices since June is cooling inflation around the globe, but...

http://chronicle.augusta.com/news/business/2015-02-16/japan-economy-makes-meek-e
Business news

...189.4 billion. Imports fell $9.4 billion to $231.1 billion.Much of the dip in imports likely came from lower oil prices and a labor dispute that disrupted shipping at West Coast ports. At the same time, the strong dollar that has made...

http://chronicle.augusta.com/news/business/2015-03-06/business-news
US trade deficit in January falls to $41.8 billion

...189.4 billion. Imports fell $9.4 billion to $231.1 billion.Much of the dip in imports likely came from lower oil prices and a labor dispute that disrupted shipping at West Coast ports. At the same time, the strong dollar that has made...

http://chronicle.augusta.com/news/business/2015-03-06/us-trade-deficit-january-f
Cheap oil, low interest rates brighten outlook for global economy

...to JPMorgan Chase."The eurozone is recovering, and oil price declines and a weak currency are a bonus," said Mike...Research. "The austerity is largely in the past, and the oil price declines are equivalent to big tax cuts."

http://chronicle.augusta.com/news/business/2015-03-04/ap-survey-why-outlook-glob