TORONTO, March 2 (UPI) -- A new report said U.S. automobile sales may not recover this year or the next or the next or the next, or perhaps ever.

NEW YORK, Aug. 12 (UPI) -- Rising oil prices are slowing the tide of U.S. companies moving to foreign lands because it's costing more to ship products home, a research group said.

PARIS, June 25 (UPI) -- The rise in energy prices is hurting China's exports by increasing world shipping costs and making North American manufacturers competitive again.

The U.K. government has adjusted North Sea taxes to encourage new oil development; Sky-high energy prices are not expected to drop any time soon; Australia is on the verge of housing one of the largest LNG exports.

NEW YORK, Jan. 10 (UPI) -- New York-based CIBC said U.S. consumers should prepare for gas prices hitting $4.50 a gallon.

TORONTO, Oct. 15 (UPI) -- Canada's economy will surge past the U.S. economy and the Canadian dollar will reach $1.05 against the greenback, a bank economic forecast predicted Monday.

TORONTO, Sept. 11 (UPI) -- Rising oil consumption among producing nations will cut exports by 2.5 million barrels per day by the end of this decade, a new Canadian study says.

MONTREAL, June 1 (UPI) -- The Canadian dollar topped 94 cents in U.S. currency Friday prompting another prediction the "loonie" was headed for parity with the greenback.

TORONTO, Dec. 8 (UPI) -- Canada holds almost 60 percent of the investable oil reserves in the world today, CIBC said Friday.