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Saab upgrading bid for Brazil FX-2 contest


NEW YORK, July 6 (UPI) -- A weak jobs report sank the price for a barrel of crude oil, which lost $2.77 to close at $84.45 per barrel Friday on the New York Mercantile Exchange.
The U.S. Labor Department reported 80,000 jobs were created in June. The unemployment rate remained unchanged at 8.2 percent.
Natural gas settled down 17 cents to $2.78 per million British thermal units.
Gasoline dropped 5 cents to end the session at $2.72 a gallon.
Home heating oil shed 6 cents to settle at $2.71 a gallon, its largest one-day percentage decline since June 21. The product was unchanged on the week, however.
At the pump, the national average price of unleaded gasoline gained 2 cents, reaching $3.358 per gallon from Thursday's $3.338, AAA said.
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BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
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SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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