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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, July 10 (UPI) -- Crude oil prices dropped below $60 per barrel on the New York Mercantile Exchange Friday, as the economic recovery appears to have stalled.
A month ago, crude oil prices peaked for the year above $72 per barrel. On Friday, prices fell 68 cents to $59.88 per barrel. Heating oil prices fell 0.0064 cents to $1.5296 per gallon. Reformulated blendstock gasoline dropped 0.0098 cents to $1.655 per gallon. Natural gas prices lost 0.062 cents to $3.356 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $2.565 Friday, down from Thursday's $2.58 a gallon, AAA said.
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HOUSTON, Feb. 14 (UPI) --
Oilfield services company Weatherford International said a U.S. judge found no evidence its equipment in the Gulf of Mexico contributed to a 2010 oil spill.
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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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