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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Jan. 5 (UPI) -- Crude oil prices rose Monday on political tensions and an oil production cut, which began in the new year.
Violence in Gaza and a new attack on a pipeline in Nigeria contributed to supply worries, The Wall Street Journal reported. At the same time, a production cut announced in December by the Organization of Petroleum Exporting Countries began to take effect.
Crude oil prices jumped $1.98 to $48.33 per barrel in electronic trading. Heating oil prices on the New York Mercantile Exchange gained 0.0876 cents to $1.5665 per gallon. Reformulated blendstock gasoline rose 0.0628 cents to $1.1758 per gallon. Natural gas prices rose 0.065 cents to $6.097 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $1.672 Monday, up 0.014 cents from Sunday's $1.658 a gallon, AAA said
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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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EL SEGUNDO, Calif., Feb. 13 (UPI) --
Wyle, an aerospace engineering and technology company, has been picked to provide services to the U.S. Air Force Material Command.
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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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