• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 days The United States produced more crude oil than any nation, at any time.
  • 10 days e-truck insanity
  • 5 days How Far Have We Really Gotten With Alternative Energy
  • 9 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 8 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 8 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 10 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 10 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 13 days Bankruptcy in the Industry
Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy

Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy

Drought has disrupted Canada's hydropower…

Latin American Geothermal Investments Set to Surge

Latin American Geothermal Investments Set to Surge

Latin America holds vast untapped…

Wall Street will Close Monday and Tuesday due to Hurricane Sandy

As Hurricane Sandy approaches the US East Coast, New York is just one of the areas preparing itself. The rare super-storm, which could be the biggest ever to hit the US mainland, is expected to hit the coast tonight, and bring with it, torrential rain, high winds, severe flooding, and power outages.

Several banks in lower Manhattan have been declared to exist within the evacuation zones and non-critical staff have been asked to work from home.

Several companies have decided to delay the release of their earnings releases including Pfizer Inc., and Entergy Corp., with more expected to make the same decision shortly.

Related Article: Can the Fed Survive After QE3?

Wall Street had initially planned to close the NYSE Euronext's New York Stock Exchange physical trading floor, leaving just the electronic exchange open for the first time ever. The plan then changed to one which would see the entire stock market on Tuesday; however following a discussion between regulators, exchanges, and dealers, the decision was made to close the market today, and tomorrow.

It will be the first time since the 27th of September 1985, that the stock market has been closed due to the weather; with Hurricane Gloria to blame that time.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News