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House sidesteps Obama on Keystone XL
NEW YORK, Jan. 3 (UPI) -- Crude oil prices held steady near $93 per barrel Thursday in New York.
Crude oil shed 6 cents to $92.86 per barrel, with prices supported by a tax deal that is expected to help avoid a second U.S. recession following the 2007-09 downturn -- the deepest recession since the Great Depression.
The bill supersedes a budget that economists predicted would put a severe strain on the sluggish economic recovery.
On the New York Mercantile Exchange, home heating oil for February shed 0.27 cents to $3.0224 a gallon. Reformulated blendstock gasoline lost 0.6 cents to $2.7917 a gallon.
Natural gas prices dropped .4 cents to $3.194 per million British thermal units.
At the pump, AAA reported the national average price for regular unleaded gasoline rose to $3.292 per gallon from Wednesday's $3.291.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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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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