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Crude Oil Price Falls Following DOE Inventory Report
Click here to write a Letter to the Editor. rude oil prices continued to fall Thursday as oil and gasoline inventories last week dropped less than analysts had expected, Bloomberg reported.
September 8, 2005Katrina's Impact Could Slow Economy by 1%, CBO Says
Click here to write a Letter to the Editor. urricane Katrina could lead to the loss of 400,000 jobs, cut economic growth by as much as a 1% this year and result in a 40% spike in gasoline prices, according to a report by the Congressional Budget Office issued Wednesday.
September 8, 2005July Wholesale Inventories Decline, Commerce Says
Inventories at U.S. wholesalers fell 0.1% in July, the Commerce Department said Thursday, turning around 17 straight rises in stockpiles.
September 8, 2005ATA Asks Energy Dept. for Biweekly Fuel Price Reports
Click here to write a Letter to the Editor. merican Trucking Associations has asked the U.S. Department of Energy to direct the Energy Information Administration to report fuel prices twice weekly until fuel price volatility eases.
September 8, 2005Gulf Region's Oil Output Starting to Rebound
Click here to write a Letter to the Editor. .S. refining capacity will take several more months to get back to pre-Hurricane Katrina levels, but the oil infrastructure in the Gulf Coast region has started to rebound from the storm, the Wall Street Journal reported Thursday.
September 8, 2005Initial Jobless Claims Drop Slightly for Week
The number of U.S. workers filing for initial unemployment benefits fell 1,000 to 319,000 for the week ended Sept. 3, the Labor Department said Thursday.
September 8, 2005Calif. Considers Relaxing Air Standards to Avoid Fuel Shortages
Click here to write a Letter to the Editor. alifornia is considering temporarily relaxing its strict gasoline pollution standards to help avert potential shortages in the wake of Hurricane Katrina, the Los Angeles Times reported Thursday.
September 8, 2005House Approves Another $51 Bln. in Katrina Aid
Click here to write a Letter to the Editor. he House Thursday approved an additional $51.8 billion in spending the Bush administration requested for additional relief in the aftermath of Hurricane Katrina, news services reported.
September 8, 2005Navistar's Earnings Rise on Increased Sales
Navistar International Corp. said Wednesday its third-quarter profit rose 28% to $64 million or 83 cents a share, compared with $50 million or 66 cents a year earlier.
September 7, 2005Ophelia, Brewing Off Florida Coast, Not Seen as Big Threat
Click here to write a Letter to the Editor. ropical Storm Ophelia strengthened off Florida's east coast early Wednesday, and while the slow-moving system could bring rain and high winds to Florida, it did not pose an immediate major threat to land or the Gulf region, news and weather reports said.
September 7, 2005