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Consumer Prices Fall on Drop in Energy Costs

Nov. 19, 2008
Consumer prices dropped by 1 percent last month, the largest amount in 61 years, as gasoline pump prices dropped by a record amount.
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Crude oil prices near $40 per barrel

NEW YORK, Dec. 5 (UPI) -- Crude oil prices dropped Friday on the New York Mercantile Exchange with prices down more than 20 percent in the past week and headed toward $40 per barrel.

Crude oil closes lower Thursday

NEW YORK, Dec. 4 (UPI) -- Crude oil prices dropped to less than $44 a barrel Thursday on the New York Mercantile Exchange, hitting its lowest closing price in 35 months.
Crude oil prices fall slightly

Crude oil prices fall slightly

NEW YORK, Dec. 3 (UPI) -- Crude oil prices fell slightly on the New York Mercantile Exchange Wednesday following an OPEC request to have Russia and others join their ranks.
Oil prices fall Tuesday

Oil prices fall Tuesday

NEW YORK, Dec. 2 (UPI) -- Crude oil prices fell Tuesday to $46.96 a barrel on the New York Mercantile Exchange, plunging to a low unseen in more than three and a half years.

Crude oil prices fall sharply

NEW YORK, Dec. 1 (UPI) -- Crude oil prices fell sharply on the New York Mercantile Exchange Monday as data showed U.S. manufacturing in decline.

Crude prices rise Friday

NEW YORK, Nov. 28 (UPI) -- Crude oil prices rose slightly on the New York Mercantile Exchange Friday, a day before OPEC oil ministers are to meet in Cairo.

Consumer spending likely to fall

WASHINGTON, Nov. 27 (UPI) -- Consumer spending, a major force in the U.S. economy, may fall further as the recession wears on, a leading economist said Thursday.

Crude oil prices down Thursday morning

NEW YORK, Nov. 27 (UPI) -- Crude oil prices fell Thursday morning on the New York Mercantile Exchange although investors remain wary that OPEC may cut production soon.

Crude oil prices up

NEW YORK, Nov. 26 (UPI) -- Crude oil prices jumped Wednesday on the New York Mercantile Exchange, as investors anticipated a possible OPEC production cut announcement.
Crude oil prices fall overnight

Crude oil prices fall overnight

NEW YORK, Nov. 25 (UPI) -- Crude oil prices dropped sharply on the New York Mercantile Exchange after a strong rally on Wall Street Monday boosted prices briefly.
Crude oil prices rise Monday

Crude oil prices rise Monday

NEW YORK, Nov. 24 (UPI) -- Crude oil prices rose on the New York Mercantile Exchange Monday, rallying as a U.S. government rescue of a major bank also lifted stock prices.

U.S. gasoline prices fall below $2

NEW YORK, Nov. 21 (UPI) -- The average price at the gas pump nationwide fell below $2 per gallon Friday, a quiet retreat compared to the uproar caused by record high prices this summer.

Crude oil prices rise Friday

NEW YORK, Nov. 21 (UPI) -- Crude oil prices rose Friday on the New York Mercantile Exchange, after dropping below $50 per barrel Thursday for the first time in two and a half years.

Canadian cost of living up in October

OTTAWA, Nov. 21 (UPI) -- The price of gasoline and food led the 2.6 percent increase in the cost of living in Canada in the 12 months to October, Statistics Canada reported Friday.

Crude oil prices drop below $50 a barrel

NEW YORK, Nov. 20 (UPI) -- Crude oil prices dropped sharply Thursday on the New York Mercantile Exchange, falling below $50 per barrel for the first time since May 2005.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch