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Oil slides as IEA sees US output rising
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand. Benchmark oil for June delivery dropped 96 cents to close at $94.21 a barrel on the New York Mercantile ...
Oil slides below $95 as US oil output seen rising
The price of oil slid below $95 a barrel on Tuesday as the International Energy Agency raised its U.S. oil production forecasts and cut its prediction for global crude demand. By early afternoon in Europe, benchmark oil for June delivery was down 44 cents to $94.73 a barrel in electronic ...
Nissan chief welcomes yen fall for luxury brand
Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal." "The abnormal situation of the yen is hopefully something of the past," he told reporters at the roll-off ...
Oregon Editorial Rdp
Editorials from Oregon newspapers The (Bend) Bulletin, May 12, on cuts in the U.S. government's 2014 wildfire budget The best time to fight a wildfire is before it starts. Reducing fuels reduces fires. There's less threat to the public, firefighters, trees, wildlife and property. So why is the U.S. government ...
Oil slides below $95 as US oil output seen rising
The price of oil slid below $95 a barrel on Tuesday as the International Energy Agency raised its U.S. oil production forecasts and cut its prediction for global crude demand. By early afternoon in Europe, benchmark oil for June delivery was down 44 cents to $94.73 a barrel in electronic ...
US retail sales rise in April on cars, clothing
Lower-priced gas allowed Americans to step up their spending at retailers in April, from cars and clothes to electronics and appliances. The rebound from a weak March suggests consumers remain resilient in the face of higher taxes and could continue to drive economic growth this spring. Retail sales edged up ...
US business stockpiles flat in March, sales fall
U.S. businesses left their stockpiles unchanged in March for a second straight month while their sales fell sharply. The Commerce Department said Monday that business stockpiles showed no increase in March on a seasonally adjusted basis. Businesses hadn't upped their restocking in February, either. Sales fell 1.1 percent in March, ...
Oil falls to near $95 as dollar strengthens
The price of oil fell to near $95 a barrel on Monday, reflecting the recent strengthening of the dollar against the yen and other major currencies. By early afternoon in Europe, benchmark oil for June delivery was down 71 cents to $95.33 a barrel in electronic trading on the New ...
Project aims to track big city carbon footprints
Every time Los Angeles exhales, odd-looking gadgets anchored in the mountains above the city trace the invisible puffs of carbon dioxide, methane and other greenhouse gases that waft skyward. Halfway around the globe, similar contraptions atop the Eiffel Tower and elsewhere around Paris keep a pulse on emissions from smokestacks ...
Natural gas export plans stir debate
A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking. Expanded drilling is ...
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