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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Aug. 11 (UPI) -- Crude oil prices wavered Monday, closing at $114.57 per barrel, 63 cents lower than Friday's closing price on the New York Mercantile Exchange.
Prices fell as the dollar gained strength against the euro.
"If the dollar continues to rebound, we'll see even more of a drop-off in commodities, including crude," Matt Zeman, head of trading at LaSalle Futures Group, told The Wall Street Journal.
Other energy prices were mixed Monday. Heating oil rose 0.004 cents in late trading to close at $3.1235 per gallon. Reformulated blendstock gasoline prices rose 0.0059 cents to $2.8725 per gallon. Natural gas prices fell 0.061 cents to close at $8.41 per million British thermal units.
The national average retail price of unleaded gasoline fell 0.008 cent to $3.81 per gallon, the AAA Daily Fuel Gauge Report said.
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PORTLAND, Maine, Feb. 13 (UPI) --
So-called tar sands oil from Canada is "much, much worse" for the environment than conventional crude oil, a Maine environmental advocate said.
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SAINT-LAURENT, Quebec, Feb. 13 (UPI) --
The Canadian coast guard has picked Thales Canada for the supply and installation of helicopter tracking systems aboard 22 aircraft and 17 ships.
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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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