It’s time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
June 24- Major oil Canadian pipelines that move almost 1 million barrels per day of Alberta oil sands crude, much of it bound for the United States, remained shut on Monday after a spill on a smaller line was discovered on the weekend, a spokesman for operator Enbridge Inc said.
*Outlook on China's credit remains shaky. NEW YORK, June 24- Brent crude fell on Monday to its lowest in three weeks and U.S. crude oil slid below its 100- day moving average as the dollar firmed and investors worried a credit squeeze in China could dampen economic growth in the world's No. 2 oil consumer.
HONG KONG, June 24- Hong Kong shares may start the week lower on Monday, with Chinese banks in focus after the official Xinhua news agency reported on Sunday that the latest spike in money market rates was the result of distortions from shadow banking. Elsewhere in Asia, Japan's Nikkei was up 1.1 percent, while South Korea's KOSPI was down 0.6 percent as of 0042 GMT.
CALGARY, Alberta, June 23- Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller communities in southeastern Alberta.
CALGARY, Alberta, June 23- Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, after record-breaking floods that killed three people and forced more than 100,000 to flee their homes swept across southern Alberta.
June 7- No pilot was required when the Aeryon Scout took off into the leaden skies of Alaska to inspect a stretch of oil pipeline. The 20- minute test flight, conducted by BP Plc last fall, was a glimpse of a future where oil and gas companies in the Arctic can rely on unmanned aircraft to detect pipeline faults, at a fraction of the cost of piloted helicopter flights.
CALGARY, Alberta, June 11- Enbridge Inc, Canada's No. 1 pipeline company, said on Tuesday it closed three major oil pipelines after a small spill near a refinery in Sarnia, Ontario. Graham White, a spokesman for the company, said in an email the 491,000 barrel per day Line 5, the 609,000 bpd Line 6 A and the 231,000 bpd Line 6 A were shut after the spill was discovered.
The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline.
Enbridge CEO Al Monaco said Enbridge has $15 billion in hand to put into pipeline expansion.
Think the past week was busy? Wait until you get a load of what’s on Cramer’s radar for this week.
US crude advanced on Tuesday on hopes that Washington could be edging closer to a deal to avert the so-called fiscal cliff.
Al Monaco, Enbridge president and CEO, discusses his company's plans to increase pipeline capacity from North Dakota to refineries in the Midwest and Canada, with Mad Money host Jim Cramer.
In this uncertain market, you have to be able to fall back on big, long-term themes that are too powerful to be swept away by the endless idiocy in Washington, said Cramer.
Some of the names on the move ahead of the open.
Nov 5- Enbridge Income Fund Holdings Inc:. *Sets a cash dividend of $0.103 per common share. *Source text* Further company coverage.
VANCOUVER, Nov 4- In this era of pipelines spanning thousands of miles, the idea of shipping crude across North America in railway cars might seem a quaint throwback to the oil pioneering days of the West.
SUMNER, Texas-- Oil has long lived in harmony with farmland and cattle across the Texas landscape, a symbiosis nurtured by generations and built on an unspoken honor code that allowed agriculture to thrive while oil was extracted. In the minds of some landowners approached by TransCanada for land, the company has broken the code.
NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.
Oct 11- Canada's main stock index looked set to open higher on Thursday, on expectations that Spain would be pressured to seek a sovereign bailout after S&P downgraded it to just one notch above junk. *The IMF backed giving debt-burdened Greece and Spain more time to reduce their budget deficits, cautioning that cutting too far, too fast would do more harm than good.
*A Canadian naval intelligence officer pleaded guilty to spying for Russia, a public admission of an embarrassing espionage scandal that has damaged Canada's reputation among allies and will likely reverberate for years.