Royal Dutch Shell also reported declines in their fourth quarter profits, and blamed lighter European demand, lower natural gas production (Exxon) along with a high demand for equipment and skilled workers and the difficulties involved in tapping reserves in politically unstable regions (Shell).

FORBES: BP Loses Steam

On Thursday, the Obama administration used U.S. Air Force planes to fly repair trucks and equipment from the West Coast to New York, a rare instance of tapping the military to deliver private-sector assets from one part of the country to another.

WSJ: Few Big FEMA Generators Humming After Sandy