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US stocks climb again as energy companies keep rising

FILE - This July 16, 2013, file photo, shows a Wall Street street sign outside the New York Stock Exchange. U.S. stocks declined early Thursday, March 3, 2016, with utility companies taking the biggest losses. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Stocks made modest gains on Thursday as the market once again turned higher late in the day. Energy stocks led the way as investors continued to hope that oil prices have stabilized after almost two years of steep declines. For the second day in a row, stocks opened with small losses and gradually rose during the ...

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US stocks dip following jobs report; utilities trade lower

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. Bond prices fell slightly Friday, March 4, 2016 sending yields higher, after the Labor Department reported that U.S. employers added more jobs last month than economists had expected. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Stocks are trading lower Friday morning as a three-day winning streak fades. Utility companies, one of the best-performing sectors this year, took the largest losses. The market is still on track for its third weekly gain in a row. KEEPING SCORE: The Dow Jones industrial average fell 38 points, or 0.2 percent, to 16,906 as of ...

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Pioneering Oklahoma energy CEO dies in fiery car crash

OKLAHOMA CITY (AP) — Energy tycoon Aubrey McClendon earned a reputation as a pioneer, backing new drilling technology, building Chesapeake Energy into one of the nation’s largest independent producers of natural gas and accumulating a fortune that helped him buy part of an NBA team. But McClendon also drew the scrutiny of federal investigators, who announced antitrust charges against him ...

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Banks bounce back, leading US stocks higher in early trading

Trading Floor at the New York Stock Exchange. (Image: Scott Beale / Laughingsquid.com via Flickr)

NEW YORK (AP) — U.S. stocks are rising Tuesday morning after two days of modest losses. Banks, the worst-performing sector on the market this year, recovered some of their losses. Automakers reported monthly sales, and Ford climbed. KEEPING SCORE: The Dow Jones industrial average rose 172 points, or 1 percent, to 16,687 as of 10:25 a.m. Eastern time. The Standard ...

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Energy sector movers, losers, and news: Investors cheer while employees mourn big layoffs

Investors cheer while employees mourn big layoffs

This week major companies including Whiting, Marathon, and Halliburton announced restructuring and layoffs that have caused stock prices to increase. Whiting Petroleum Corp. (NYSE: WLL) opened Friday Feb. 26 at $3.53 per share and is up 11 percent today, trading at $3.92 after closing at its low yesterday. Whiting announced plans to freeze new fracking and well completions effective April ...

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Buffett says US economy weaker than he expected but growing

Warren Buffet Berkshire Hathaway

OMAHA, Neb. (AP) — Billionaire Warren Buffett says the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn’t change his optimistic long-term view of the country’s prospects. Buffett appeared on CNBC Monday after releasing his annual letter to Berkshire Hathaway shareholders over the weekend. Buffett says the collapse in oil prices ...

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US, global stocks rise on US economic data, energy sector

US, global stocks rise on US economic data, energy sector

NEW YORK (AP) — U.S. and global stocks rose modestly in early trading Friday, on track for a second straight weekly gain, helped by encouraging economic news in the U.S. and word from China that the country won’t devalue its currency further to make its exports more competitive. KEEPING SCORE: The Dow Jones industrial average rose 44 points, or 0.3 ...

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Energy sector movers, losers, and news: Oil reaches 12-year low

This week oil is down at $28.95 per barrel from 30.89 last Friday, February 5th, a 6.7 percent change. Oil reached $26.21 Thursday, February 11 which is the lowest oil has been since 2003. CNN reports Janet Yellen, Chair of the US Federal Reserve, acknowledged the global economy challenges, but that the central bank will still move to gradually raise ...

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The oil and gas service industry’s paraffin solution

The oil and gas service industry's paraffin solution. The Flo-Rite Fluids Magnetic Fluid Conditioning systems prevent paraffin and scale buildup before it begins. On the left there is substantial paraffin accumulation. On the right is a pipe treated using the MFC system. (Image courtesy of Flo-Rite Fluids Inc.)

Oil well paraffin and scale control is an ongoing battle associated with tight oil production and is a pervasive issue in the ongoing drama of the American oil fields. The recurring expense of remedial paraffin control treatments is often favored over preventative measures, cutting into producers’ bottom line. But in today’s market climate in which efficiency is critical to survival, ...

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