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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, May 23 (UPI) -- Crude oil price gains eased Friday afternoon, just ahead of a long U.S. holiday weekend that includes many filling their gas tanks to hit the road.
On the New York Mercantile Exchange, crude oil prices dropped 0.29 cents to $131.90 per barrel. The price of heating oil rose 0.008 cents in late trading to $3.8736 per gallon. Reformulated blendstock gasoline prices rose 0.0034 cents to $3.3994 per gallon. Natural gas prices rose 0.022 cents to $11.879 per million British thermal units.
At the pump, the national average price for a gallon of unleaded regular gasoline reached a record $3.831, up from Thursday's price of $3.807, AAA said.
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CARACAS, Venezuela, Feb. 14 (UPI) --
The Venezuelan environment minister said about 90 percent the oil spilled in the River Guarapiche in the east of the country was contained.
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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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