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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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SpaceX Launch Postponed Again

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February 25, 2016, 7:28 PM ET
Private Spaceflight Company SpaceX Launches Cargo Capsule On Resupply Mission To Int'l Space Station
CAPE CANAVERAL, FL - SEPTEMBER 21: The SpaceX Falcon 9 rocket carrying a Dragon supply ship lifts off from the launch pad on a resupply mission to the International Space Station, on September 21, 2014 in Cape Canaveral, Florida. The private spaceflight rocket is delivering a cargo capsule to the International Space Station. (Photo by Joe Raedle/Getty Images)Photograph by Joe Raedle — Getty Images

(Reuters) – SpaceX on Thursday called off its second attempt in as many days to launch a Falcon 9 rocket on a satellite-delivery mission because of a technical difficulty, a launch commentator said.

The rocket was less than two minutes from liftoff from Cape Canaveral Air Force Station in Florida on Thursday when the launch was scrubbed, SpaceX commentator John Insprucker said during a live launch webcast.

The launch team was overseeing the final loading of super-chilled liquid oxygen propellant into the rocket’s first and second stages when the countdown was halted, Insprucker said.

“Preliminary (information) is that we were … looking at how much time we had left in the count to finish loading the liquid oxygen, and at that time the launch team decided that we would need to hold the countdown,” he said.

There was no immediate word on when the launch would be rescheduled.

A launch attempt for the same mission was canceled on Wednesday to allow more time to chill the liquid oxygen. Lower temperatures increase the fuel’s density, adding to its power.

Perched atop the rocket is a 12,613-lb Boeing-built satellite owned by Luxembourg-based network operator SES SA.

SpaceX is aiming to deliver the satellite as high as 24,233 miles above Earth and still have enough fuel to fly the first stage of the Falcon rocket to a platform floating about 400 miles off Florida’s coast for a return landing at sea.

For more about SpaceX, watch:

Three previous attempts at an ocean landing have failed. But in December, a returning Falcon 9 rocket successfully touched down on a ground-based landing pad in Florida, an unprecedented milestone in Musk’s quest to develop a cheap, reusable booster.

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