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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Jan. 12 (UPI) -- Crude oil prices fell on the New York Mercantile Exchange Monday, following the U.S. government's announcement Friday unemployment had reached 7.2 percent.
Slow economies have tempered any rally in oil prices, which have fallen more than $100 per barrel since hitting a peak of $147.27 per barrel in July.
On Monday, crude oil prices fell $3.24 to $37.59 per barrel. Heating oil prices dropped 0.0153 cents to $1.4724 per gallon. Reformulated blendstock gasoline dropped 0.0271 cents to $1.0841per gallon. Natural gas prices fell 0.026 cents to $5.542 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $1.79 Monday, down from Sunday's $1.792 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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