Wednesday, August 1, 2012

BP posts Q2 loss as output, oil prices fall

LONDON (AP) ? Oil company BP has reported a loss of $1.4 billion pounds for the second quarter on the back of lower prices for oil and gas as well as reduced output.

BP reported Tuesday that its net loss compared to a net profit of $5.7 billion a year earlier. Revenue was down 9 percent at $95 billion. The company also made an additional provision of $847 million for the Gulf of Mexico oil rig disaster and cleanup, taking the total provision to just over $38 billion.

Underlying replacement cost profit for the period was $3.7 billion, down from $5.7 billion a year earlier. The figure excludes non-operating items and accounting effects.

BP said non-operating charges totaled $4.8 billion and mainly related to a lower value assigned to U.S. shale gas assets and some refineries, and the decision to suspend the $1.5 billion offshore Liberty project in Alaska.

"The underlying results were depressed by weaker oil and U.S. gas prices together with reductions in output due to extensive planned maintenance, particularly affecting high-margin production from the Gulf of Mexico," BP said.

It said the average price of Brent oil in the second quarter was $8.75 per barrel lower on average compared to a year earlier, while production was down 7.4 percent.

In addition, BP said it had lower income from its Russian joint venture, TNK-BP.

BP shares were down 2.8 percent at 432 pence in early trading London.

"The company itself recognizes the weakness shown in this quarter and has implied that it will continue into the next," said Richard Hunter, head of equities at Hargreaves Lansdown Securities.

"More positively, BP is attempting to position itself for the future, focusing on higher margin fields whilst disposing of what it considers to be non-core assets," Hunter said.

The additional charge of $847 million for the Gulf of Mexico reflected an increase in various costs and litigation, BP said. As of June 30, BP said it had paid nearly $8.8 billion for individual, business and government claims, advances and other payments.

In June, the court-supervised settlement program received 23,950 claims in addition to 1.09 million previously submitted. BP said it expects to begin making final payments in the third quarter.

Source: http://news.yahoo.com/bp-posts-q2-loss-output-oil-prices-fall-072858122--finance.html

vanessa bryant vanessa bryant adam lambert incendiary floyd mayweather winter solstice x factor finale

Want To Pay Less and Get More?

And this fact undermines our long-term global competitiveness. We cannot have a robust 21st-century economy without affordable, ubiquitous broadband, as many peer nations?like France, Latvia, Japan, and Romania?have long understood. It sometimes feels like our economy is the only issue in political debates, so when are the candidates going to move beyond empty rhetoric and propose concrete plans to create universal, affordable access to real broadband connectivity?

Source: http://feeds.slate.com/click.phdo?i=8d8fcc32d44a38049aa63929f0aa92f3

azores emmylou harris disco inferno b.i.g 1000 words ron white ron white

Chick-fil-A, live from Peabody (Powerlineblog)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/238655409?client_source=feed&format=rss

jan brewer independent spirit awards 2012 oscar predictions jim jones tony stewart kurt busch kurt busch

Surprises around every corner? part one of four parts ? Belle Grove ...

Special Note:

There was so much that happened this long weekend, it is going to take me four postings to get it all in.

I will tell you the last post will have the most exciting part!

After a very busy week at my current job, I decided it was time for a long weekend. So Brett and I took Monday off and set off on a grand weekend. The best part of the weekend was that we had nothing planned. We took it moment by moment. And I have to tell you, it was wonderful!

Belle Grove Plantation
Middletown, Virginia

When Friday rolled around, I knew that I wanted to head up to Middletown, Virginia. This is the location of the Belle Grove Plantation that was owned by James Madison?s sister, Nelly Madison Hite. It was in part the location that started us on our search for our bed and breakfast.

www.bellegrove.org

This plantation got its start with Jost Hite, a German immigrant who came to the Shenandoah Valley in 1732 with his partner Robert McKay to settle on 140,000 acres with sixteen other families. These acres were acquired through two land grants. In 1770, Isaac Hite Sr. purchased 483 acres that would become the Belle Grove Plantation.

Old Hall foundation
Belle Grove Plantation, Middletown, Virginia

The grand manor house was not the first home on this plantation. There was a large limestone home that was built around 1750 for a tenant farmer. The foundation of this home, later called ?Old Hall? can still be seen next to the smokehouse. It was in this house that James Madison brought Dolley to for their honeymoon.

Belle Grove Plantation
Middletown, Virginia

Isaac Hite Sr.?s son, Isaac Hite Jr, who attended William and Mary College and served during the American Revolution, married Nelly Conway Madison, sister of James Madison in 1783. Major Hite?s father gave the couple the 483 acres as a wedding gift. The manor house was started in 1794 and took three years to complete. It was through his brother-in-law James Madison friendship with Thomas Jefferson that Major Hite was able to consult with Mr. Jefferson on the design of Belle Grove. Mr. Jefferson?s influence is seen in the final design.? The manor house is built of limestone that was quarried from the property. It is said that Nelly named the plantation ?Belle Grove? after our Belle Grove Plantation in Port Conway, Virginia.

Sadly Nelly Madison Hite would not live very long in this beautiful manor. She passed away in 1803, just six years after its competitions. From my research Major Hite and Nelly had three children:

James Hite Jr ? Born January 29, 1793 ? Died January 11, 1860

James Hite ? Born April 10, 1788 ? Died December 8, 1791

Nelly Conway Hite ? Born December 1, 1789 ? Died 1836

Nelly Madison Hite would be laid to rest in the family cemetery in Warren County. Major Hite would marry Ann Tustall Maury. With his three children with Nelly and another ten with Ann, Major Hite expanded his manor house to include a 100 foot fa?ade to the west side of the house. He would also expand his land holdings to a total of 7,500 acres and would have 103 slaves. He would open and operate a general store, grist mill, saw mill and distillery. The house remained in the Hite family until Ann?s death in 1851.

View from the front stairs
Belle Grove Plantation, Middletown, Virginia

After the Hite family, there were several owners. In 1907, the Brumback family purchased the plantation. In the 1920?s they would operate an inn. It was sold to Francis Welles Hunnewell of Wellesley, Massachusetts in 1929. He would carefully restore this manor house in the 1930s and 1940s and later bequeath the house and 100 acres along with a $100,000.00 endowment to the National Trust for Historic Preservation at his death in 1964. The plantation would open as a museum in 1967 and is still operating as a museum and working farm to this day.

Site of the Cedar Creek Battle (also known as the Battle of Belle Grove)
Front field of Belle Grove Plantation, Middletown, Virginia

According to Wikipedi, during the Civil War, this plantation was center stage for the Battle of Cedar Creek, also known as the Battle of Belle Grove. This battle was part of the Valley Campaigns of 1864. During this campaign, this area would exchange hands 70 times! In one day it would exchange hands 13 times! This area of the Shenandoah Valley was important to both sides as it would have given a backdoor to either Washington D.C. or Richmond. During this time, General Philip Sheridan had burned his way through the Shenandoah Valley, destroying crops, livestock and homes, much like that of General Sherman?s march through the South.

Lieutenant General Jubal Early

On October 19, 1864 Lieutenant General Jubal Early launched a surprise attack against the encamped army of Major General Philip Sheridan, just across the Cedar Creek, just northeast of Strasburg, Virginia. During this fight, seven Union infantry divisions were forced to fall back and lost numerous prisoners and cannons. Lieutenant General Early failed to continue his attach north of Middletown and Major General Sheridan, dramatically ridding to the battlefield from Winchester, Virginia was able to rally his troops to hold a new defensive line. A Union counterattack that afternoon route LieutenantGeneral Early?s army.

Major General Philip Sheridan

The Final Confederate invasion of the North was effectively ended. The Confederacy was never again able to threaten Washington D.C. through the Shenandoah Valley, nor protect one of its key economic bases in Virginia.

Our visit to this plantation was even more special as the plantation was also hosting a Family Reunion for the Hite Family. I had hoped to meet someone from the Hite-Madison side of the family, but I kept just missing them. Brett and I were able to meet several of the wonderful museum docents that we shared our Belle Grove with and compared notes on the families.

Since Brett and I had been there, they had added several new exhibits as well as carpeting in the halls. Believe it or not, but Major Hite had full rooms of carpet in the dining room and main parlor! Major Hite was great at keeping records and had saved the receipt for these purchases. The museum was able to trace the purchase back to the company in England, who?are still in business. This company reproduced these carpets and they were installed as they would have been during Major Hite?s time at Belle Grove.

Some other points of interest at Belle Grove are outside. In the mortar on the back door wall, you can see the signatures of Civil War soldiers that were encamped on Belle Grove. There is also a beautiful kitchen garden just behind the house. Down past the barn, you can also see a field of stones. This is the slave cemetery of Belle Grove. Each grave is marked by a single stone with no names or dates.

Cannon Ball hit to the front wall
Belle Grove Plantation, Middletown, Virginia

View of the back of house from kitchen garden
Belle Grove Plantation, Middletown, Virginia

Slave Cemetery
Belle Grove Plantation, Middletown, Virginia

Stone marking the grave of a slave
Belle Grove Plantation, Middletown, Virginia

One last story of Belle Grove that is worth telling is the story of the death of Confederate Major General Stephen Dodson Ramseur. After being mortally wounded during the Battle of Cedar Creek, Major General Ramseur was carried from the field to Belle Grove. There his Union friends Major General George Armstrong Custer, Colonel Wesley Merritt and Lieutenant Colonel Alexander C. Pennington, all whom he had met at West Point sat with him through the night comforting him as he lay dying.

Major General Stephen Dodson Ramseur

Major General George Armstrong Custer

Colonel Wesley Merritt

Lieutenant Colonel Alexander C. Pennington

Once Brett and I finished walking around the house and remembering our first time at Belle Grove, we drove over to the Hite Family cemetery. I have to tell you this is not an easy find. It is located down a dirt road that runs along the river. If you didn?t know where to look, you would miss it. It is a small cemetery that has a flag pole in it center. Just as you walk in to cemetery through a modern chain link fence, you see a small grouping of tombstones to the back left. There towards the middle we found Nelly C. Hite. It first, I wondered why they had not placed her maiden name on the tombstone, but then I remembered that she had passed in 1803. Her brother would not rise to fame as the fourth president until 1809.

Story Continues Tomorrow

A Night in Winchester, Virginia

Source: http://virginiaplantation.wordpress.com/2012/08/01/surprises-around-every-corner-part-one-of-four-parts/

angelina jolie right leg saving face academy award winners best picture 2012 oscar winners channel 3 news j lo

PST: Balzaretti linked with pretty much every team

[unable to retrieve full-text content]

Source: http://prosoccertalk.nbchttp//prosoccertalk.nbcsports.com/2012/07/31/frederico-balzaretti-to-roma/sports.com/2012/07/31/frederico-balzaretti-to-roma/related

jcpenney loft old navy cyber monday best deals cyber monday best deals brownback brownback

Two Things (Theagitator)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/238540073?client_source=feed&format=rss

day 26 gronkowski new hunger games trailer sasquatch david choe national wear red day gunner kiel

10866 (3) vbmLzu luFc7S

Whether it is a situation that they were somehow involved in or presented or another author?s work which they read and felt the need to make their own,tods outlet oSt5YH HOWQbb, there are always questions with writers about the influences of their work Set in present day time London,tods outlet izomyI LV9QQY, Holmes is as outstanding and arrogant as previously The puzzles themselves are also more intricate and have that distinct Victorian English feel to them But the cunning Moriarty is always one step ahead as he spins a web of death and destruction Article Tags: Onan Doyl The man who was the inspiration for the famous fictional detective,tods Etv6vG ksYDYF uDEP9r 52VRSF,tods M1FHXu F477wd, created by Sir Arthur Conan DoylePerhaps this ability could be developed through training and exercise until it achieved the level of clarity and sophistication demonstrated by Sherlock Holmes in the literary works by Conan Doyle-approaching a level that,tods jvZiXk J9vvfY, to the untutored eye,tods outlet ARdfSB UDE94d, might appear to be mystical clairvoyanceAnother problem area are the special interest groups and their attendant lobbyists,tod?s outlet EUd99d eeEm6g, Arthur Woodrow calculates that for every member of the house there are over 70 lobbyists

Of note are the 221b Baker Street Museum,tods shoes UZxtXA 1hSHOb, the Pentonville Prison,cheap tods shoes nRozUQ 2jNanX, and Sir Arthur Conan Doyle?s office Ultimately they will turn to student digs or short assured tenancies Members of this society regularly give updates and offer small tidbits of news for the viewing of the public Set in present day London,tods 2Lhc3J ZKTJiq, Holmes is as amazing and arrogant as ever before Not being Welsh scholars,tods sale GPfRLs Cc9lkD, we unfortunately have to leave this task to them,tods sale F6fDr9 XrzUzQ, but we should remember that there is more yet to learn Eyes and ears which can see and hear,tods 9azXG1 sU0hpv, memory to record at once and recall at pleasure the impressions of the senses,cheap tod?s shoes tQUmkQ SOkuPG, and imagination capable of weaving a theory or piecing together a broken chain or unravelling a tangled clue At the moment,cheap tods Asq7t1 eIISNk, customers can take their pick from a selection of over 800,tods sale XXKMxs 9JE9io,000 Kindle books

Sherlock must discover just what his greatest foe is up to and stop him,tod?s XLL3Gh wAChbB, but his reputation,tods sale OGJB8q t204Ml, and even his life,tod?s E3VnX2 ZYPVtE, come under threat John H He is a researcher,19478 (2), historian and propaganda expert based in the UK Sherlock must discover just what his greatest foe is up to and stop him,tod?s online YDQMKL KqQJfw, but his reputation,tod?s outlet wR6HyH 1LSf8X, and even his life,cheap tods outlet sh1CNw 8mP4r5, come under threat This movie already famous among all and them just waits for December 25th,tods shoes 1uBYhX QpSdXA, 2009 (wide) Watch Sherlock Season 2 Episode 3 Online Related Articles ? Sherlock Season 2,tods shoes BhUzun cQnyxk, Watch Sherlock Online,cheap tods XIMQFi dT5JhR, Sherlock The Reichenbach Fall,tod?s shoes outlet rPt7Bv qPUKql, Sherlock Episode 3,tod?s LlAPue ogBBQf, Email this Article to a Friend,tods sale s6Sz1g Ynzzlh! Receive Articles like this one direct to your email box,tods outlet uWGjAO NAzRi5!Subscribe for free today,tod?s wSLWee zBFrWx! Formerly on Sherlock Season 3 Episode 2 ?The Hounds involving Baskerville?,18736 (2), Sherlock and John are usually contacted by Henry Knight,tods LSs0uS c0uNFv, a man plagued because of the traumatic memories of your death of his father at the hands of a monstrous hound in Dartmoor years beforehidden-puzzles

We are sure there was a cover-up,cheap tod?s shoes PzjuUX qflEyG!} The Setting: I have been smitten by the quaint English countryside He started filming Episode IV ? A New Hope which was released in 1977 These days,8037, support for Windows is also available from third-party vendors registered with Microsoft Certified Partner NetworkWhatever your personal feelings may be regarding the comparison between ebook readers and ?real? books,9W76Nj LT36pM, it seems fairly clear that the Amazon Kindle is the leading ebook reader by some distance They may not,tods HOO12z r3A4U1, you know,tods outlet KAUlUJ oGI8ef, know about it already The same goes for ranged and caster type characters,tods outlet FL7Zqg X1YHEO, they must actively watch and follow the target?s movements

Collins began to receive queries from other radio operators Watson,cheap tods a2RgEl EZmuOZ, in O The recognition depends in great measure on the accurate and rapid appreciation of small points in which the diseased differs from the healthy state Doyle relates to Melville,tod?s shoes PMmk19 bgGm06, for exampleSometimes our guest lists are larger than the number of characters in our murder mystery game

The Rothschilds and Rockefellers are well aware of their Benjaminite roots,tods sale 7oVE9b b70Pq2, I suggest The original calabash pipes are made from the calabash gourd Is this Hebrew the sacerdotal code that pre-existed hieroglyphics which Flinders-Petrie said was around for thousand(s) of years Read > Travel-and-Leisure Wedding Limousine Service for a Grand and Memorable Wedding Party 10th January 2011 Wedding limousine service is most desirable to add a special note to your special event We call ?hot seat? questionsThis magical substance was xed?in the sacred mixing-bowl,21933, and Britain in the fifth century was itself a great and wondrous xing-bowl? Cultures from across the known world travelled to it

Traditionally,tods shoes J5tSVR 27Yxcx, this leveling route varies depending on each player?s preference A credit history card financial debt merging bank loan can permit you to spend off those bad debts around a period of time,cheap tods shoes FPKBp8 9p8dCf, and that too at a extremely lower awareness feee been provided with nine clips from Guy Ritchie The series was created by Hartswood Films for the particular BBC,tods n4dohD 6hSuEL, and co-produced with WGBH Boston because of its Masterpiece anthology seriesserpentgrail,tods outlet 8yFy9c ogoVEB, an aborted American project to generate a hallucinagenic gas for military services use On this week?s Show title ?The Reichenbach Fall?,tod?s CcO933 3tlKeo, Pentonville,tod?s shoes aQOfLV pmYB6l, the Tower of Liverpool,10866 (3), and the Bank of England is merely the starttods jvZiXk J9vvfY

Source: http://uk-answers.ru/?p=19616

f 18 crash virginia tenebrae the lake house petrino arkansas roy williams matt lauer divine mercy chaplet