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EPA Waives Some Gas, Diesel Standards to Boost Output
Click here to write a Letter to the Editor. nvironmental Protection Agency Administrator Steve Johnson said Wednesday EPA was temporarily waiving some anti-pollution standards for gasoline and diesel fuels in all states to ensure that the aftermath of Hurricane Katrina does not result in serious fuel supply disruptions around the country.
August 31, 2005Nafta Surface Trade Rose 7.2% in June
Surface trade among the U.S., Canada and Mexico rose 7.2% in June to $59.4 billion from a year earlier, the Department of Transportation reported late Monday.
August 30, 2005Crude Oil Hits New Record in Wake of Katrina
The after-effects of Hurricane Katrina sent crude oil prices to a new record near $71 a barrel Tuesday as fuel traders braced for damage assessments of the storm on oil and gas rigs and refineries in the Gulf of Mexico and on the Gulf Coast.
August 30, 2005Fed Minutes Detail Inflation, Fuel-Price Concerns
Click here to write a Letter to the Editor. igher fuel prices could filter into the cost of consumer goods at least in the short term, potentially curbing spending and economic growth, according to minutes of the Aug. 9 Federal Reserve Open Market Committee meeting, which were released Tuesday.
August 30, 2005Katrina’s Aftermath Leaves Flooding, Dozens Dead
Hurricane Katrina killed at least 60 people after slamming the Gulf Coast Monday with winds as high as 140 mph, causing severe flooding in four states, news services reported.
August 30, 2005Storm's Price Tag Could Reach a Record $26 Bln.
Click here to write a Letter to the Editor. stimates of Hurricane Katrina’s economic damage were still coming in Tuesday, and ranged from $9 billion to as high as $26 billion, news services reported.
August 30, 2005Diesel's 0.2-Cent Uptick Reaches Record $2.59 a Gallon
Click here to write a Letter to the Editor. he U.S. retail diesel average price rose 0.2 cent to $2.59 a gallon, a new record, the Department of Energy said Monday.
August 30, 2005Siemens Splitting Off Logistics Unit
Germany-based Siemens AG said it will split off part of its industrial logistics division early next year in an effort to turn around unprofitable units, Bloomberg reported.
August 30, 2005August Consumer Confidence Level Rises
Click here to write a Letter to the Editor. .S. consumer confidence rose unexpectedly in August to a 105.6 reading, from a revised 103.6 level in July, the Conference Board said in its monthly report.
August 30, 2005July Factory Orders Fall 1.9%, Commerce Reports
Click here to write a Letter to the Editor. he number of orders placed with U.S. factories fell 1.9% in July to $387.8 billion, the Commerce Department reported Tuesday.
August 30, 2005