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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Sept. 27 (UPI) -- U.S. oil prices closed over $82 Thursday as wary investors kept a watch on a couple of stormy conditions in the Gulf of Mexico.
Crude for November delivery gained $2.58, or 3.2 percent, at $82.88. Prices hit $83 during trading but fell back a bit.
Attention was focused on Tropical Storm Karen and a tropical depression far in the Gulf as possible future troublemakers for the oil industry.
Natural gas fell 12.70 cents Thursday to close at $6.919 per million British thermal units.
Heating oil was up 6.98 cents at $2.2521 a gallon and reformulated gasoline blendstock gained 6.65 cents at $2.0939 a gallon.
Motorists meanwhile were paying on average $2.811 a gallon for regular unleaded gasoline, down from Wednesday’s $2813, the AAA said in its daily fuel gauge report.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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