Oil & Gas
- Oil hits $82 per barrel as dollar plunges
- Oil prices hit new highs for the year Wednesday just as the dollar fell to new lows against the euro, showing how much the weak U.S. currency has come to dominate energy markets. Benchmark crude for December delivery rose $2.25 to settle at $81.37... Full story
- Jaguar's fastest XF handsome, seductive, powerful
- The 2010 Jaguar XFR is what a Jaguar should be - sleek, fast and handsome. It's also seductive, with a 510-horsepower, supercharged and inter-cooled V-8 and constantly adjustable chassis serving up a ride that's both smooth and thrilling. The... Full story
- Oil falls back below $70 even as dollar weakens
- Oil prices fell sharply Friday, giving up some of the gains crude made this week even as the dollar fell to a fresh low for 2009. Benchmark crude for October delivery tumbled $2.65 to $69.29 a barrel on the New York Mercantile Exchange. On... Full story
- Oil prices dip on report of rising jobless claims
- NEW YORK - Energy prices fell Thursday after the government reported that jobs remain in short supply in the U.S., with natural gas falling to new seven-year lows. The Labor Department said the number of first-time unemployment claims rose... Full story
- Mexican cartels smuggle oil to US
- MEXICO CITY -U.S. refineries bought millions of dollars worth of oil stolen from Mexican government pipelines and smuggled across the border, the U.S. Justice Department told The Associated Press - illegal operations now led by Mexican drug cartels... Full story
- US: Stalled clean coal plant moving ahead in Illinois
- WASHINGTON - The Department of Energy has decided to move forward on a stalled futuristic coal-burning power plant in central Illinois that languished under the previous administration. The project known as FutureGen would burn coal for power but... Full story
- As debt grows, desperate car owners turn to fraud
- LOS ANGELES - Driven to desperation, a growing number of financially strapped car owners are torching, sinking or ditching their vehicles and then reporting them stolen to cash in on the insurance. SUVs have been found ablaze in the Nevada... Full story
- Oil soars above $71, hitting 2009 high
- VIENNA - Oil prices soared above $71 a barrel Wednesday to reach a 2009 high, as investors poured money into crude markets to protect themselves against the inflation risks posed by a weakening U.S. dollar. Oil, which typically trades... Full story
- Crude passes $70 but gas prices flatten
- HOUSTON - While crude passed $70 a barrel Tuesday, gasoline prices failed to rise overnight for the first time in 42 days, signaling a possible break for motorists as summer driving shifts into high gear. Benchmark crude for July delivery... Full story
- Odds of energy price spike from hurricanes fades
- NEW YORK (AP) - The chance of a severe 2009 hurricane season continues to fade, according to the most recent forecasts, a potential break from recent years when violent storms smashed in the Gulf Coast and sent energy prices spiking. Even if a... Full story
- Oil prices briefly pass $69 per barrel
- SIOUX FALLS, S.D. (AP) - Oil prices briefly passed $69 per barrel Tuesday in a week long rally that appears short on fundamentals, yet exceedingly full of momentum. Average retail gasoline prices continued to march upward: A gallon now costs about... Full story
- GM to sell Hummer to Chinese company
- AP Auto Writers
- DETROIT (AP) - General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands. GM... Full story
- Culprits in last year's energy spike reappear
- COLUMBUS, Ohio (AP) - Oil prices pushed to new highs for the year Monday on a weak dollar and new data suggesting manufacturing in China has strengthened. Both of those factors helped send energy prices to record highs last summer. The national... Full story
- Oil slides below $68 as investors eye inflation
- VIENNA (AP) - Oil prices slipped below $68 a barrel Tuesday as traders took profits on recent gains, which were driven by speculation that a massive global fiscal stimulus could spark an economic recovery and inflation. Benchmark crude for July... Full story
- General Motors in tentative deal to sell Hummer
- NEW YORK (AP) - General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company... Full story
- Obama talks up wind power, green jobs on Earth Day
- NEWTON, Iowa - Marking Earth Day with a pitch for his energy plan, President Barack Obama on Wednesday called for a "new era of energy exploration in America" and argued that his proposal would help the economy and the environment at once. "The... Full story
- Paper companies get unexpected tax-credit windfall
- WASHINGTON - A law to make the earth a little greener is giving paper mills an unintended multibillion-dollar tax windfall with the help of a little diesel fuel. The bonanza, however, could be short-lived. Struggling paper companies recently... Full story
- Oil chiefs urge offshore drilling
- WASHINGTON (AP) - Executives of the biggest oil companies sought to convince lawmakers Wednesday that expanded offshore drilling will produce jobs and help the nation's economy, although new leases in areas that have been off limits would not be... Full story
- Oil prices rise ahead of US inventory report
- NEW YORK (AP) - Oil prices rose above $40 Wednesday ahead of a government report that is expected to show U.S. crude inventories continue to swell. The same pattern emerged last week when investors appeared to ignore forecasts that unused crude in... Full story
- Oil above $40 as market digests Bernanke comments
- VIENNA, Austria (AP) - Oil prices rose above $40 a barrel Wednesday after the Federal Reserve chief said U.S. banks will not be fully nationalized and that the U.S. economy may emerge from recession by year-end. The rise in prices was kept in... Full story
- NASCAR owner Roush promotes propane power for cars
- If Jack Roush has anything to say about it, propane soon will be used for more than grilling hamburgers and hot dogs at the infield cookout. In the wake of Sunday's Daytona 500 victory by Roush-Fenway NASCAR team driver Matt Kenseth, Roush was back... Full story
- Oil above $35 amid grim economic news
- VIENNA (AP) - Markets shrugged off a steady barrage of grim U.S. economic news to push oil prices above $35 a barrel Thursday, with a drop in the dollar encouraging investors to buy crude. A report by the Fed predicting a sharper economic... Full story
- Oil prices steady after US rescue plan unveiled
- VIENNA (AP) - Oil prices remained steady around $40 a barrel Tuesday as the Obama administration announced a program that could raise more than $1 trillion in public and private funds to revive the economy. Energy prices have slumped with millions... Full story
- Democrats say list means end of Craddick tenure
- AUSTIN (AP) - House Democrats say they've lined up enough opposition to oust Republican House Speaker Tom Craddick, releasing a long list of lawmakers who say they won't vote for him "under any circumstances." The list released Monday - and... Full story
- Houston-based company plans regional office in Arkansas
- CONWAY, Ark. (AP) - Propelled by its finds in the Fayetteville Shale natural gas reservoir, Southwestern Energy Co. announced Thursday it will build a $25 million regional headquarters in Conway and add to the 600 workers it already has in the... Full story
- China cut prices for gasoline, diesel and jet fuel
- Photo's of China's Gas Prices Photo I: A worker changes gas price on a board at a gas station in Wuhan, central China's Hubei province, Friday, Dec. 19, 2008. China cut prices for gasoline, diesel and jet fuel Thursday, giving a break to... Full story
- Oil rises on strengthening dollar, auto bailout
- Oil prices stabilized Friday as the White House's $17.4 billion auto industry rescue package gave Wall Street a boost and the dollar strengthened against the euro. Light, sweet crude for February delivery rose 92 cents to $42.59 a barrel on the New... Full story
- Advocates of blind fault TV skit about NY Governor
- ALBANY, N.Y. (AP) - A "Saturday Night Live" skit portraying New York's blind governor as a bumbling leader didn't get a laugh from Gov. David Paterson. Paterson's office said the skit ridiculed people with physical disabilities and implied that... Full story
- France Oil Prices
- A board at a gas station shows the price of fuel under euro 1 ($1,29) a liter, in Paris, Monday, Dec. 8, 2008. Oil prices bounced off four-year lows to trade above $43 a barrel Monday.... Full story
- Oil rebounds from 4-year lows to above $43
- SIOUX FALLS, S.D. - Oil prices rebounded from four-year lows and shot above $43 a barrel Monday as OPEC floated the possibility of a "severe" production cut and several countries announced new measures to boost their economies. Chakib Khelil,... Full story
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