posted by admin on Sep 8
JEFFERSON CITY — In the battle over big money, the race for Missouri governor boils down to this: Big Business vs. Big Law. Tags: oilposted by admin on Jul 29
With some analysts predicting $200 barrels of oil by 2010, fuel theft rates are rising as quickly as per gallon prices. More than ever before, fuel is a tempting and profitable target for thieves. Tanker truck drivers in third world countries can change their life, feeding an entire family for more than a year, by siphoning a load of fuel and reselling it. That's just one tanker load! Tags: fuel, oilposted by admin on Jul 28
Three quarters of drivers are being affected by the high cost of fuel with more than half cutting back on car journeys, according to an AA Populus poll of 15,306 members. There is no let up for fleet drivers either as those that drive their own cars are most affected as the fuel advisory rates are not relative to the high fuel costs. The results reflect AA concerns about the volatility of the oil price, its impact on fuel prices at the pump and the onward impact this has on households and the Tags: fuel, oilposted by admin on Jul 24
NEW YORK - Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy. Tags: oilposted by admin on Jul 23
Caroline Lucas MEP, Green Party Principal Speaker, has condemned Alastair Darling’s decision to delay the planned increase in fuel duty for a second time. Lucas wants to scrap Road Tax and charge the polluters instead and windfall tax on oil corporation profits to pay for public transport Dr Lucas argues that cutting fuel prices, increasing fuel consumption, can only deepen the looming crisis. Instead, Greens want the Road Tax scrapped, moving the responsibility onto fuel duty, a windfall tax Tags: fuel, oilposted by admin on Jul 18
Good News! Oil prices fell for the third straight day to settle just below $130 a barrel Thursday. This is the lowest price that we have seen in over a month and a huge relief after hitting record highs last Friday of over $147 a barrel. The steady downward trend, over $15 in three days, is due in part to concerns about the U.S. economy. Inflation concerns have also played a part in the drop of crude prices. Tags: oilposted by admin on Jul 8
WASHINGTON — Federal policy makers have concluded that the turmoil plaguing the housing and financial markets is likely to spill deep into 2009, becoming one of the most significant domestic problems to confront the next president when he steps into the White House in January. Ben S Bernanke, the chairman of the Federal Reserve, publicly indicated on Tuesday that he believes the problems will persist into next year when he outlined a series of steps the Fed is considering in the coming mon Tags: oilposted by admin on Jul 8
The RAC Foundation claims that the Treasury plans to raise over £2 billion from Britain’s road users before 2011. This means that motorists will be taxed four times as much than would be saved by persuading the Chancellor to drop the 2p October fuel duty increase. The RAC Foundation is urging the Treasury to carry out a root and branch review of motoring taxation, taking account of the impact of sustained high oil prices on family spending, and the impact of reduced mobility on the UK economy Tags: fuel, oil, taxesposted by admin on Jun 30
June 30 (Bloomberg) -- U.K. stocks rose the most in two months, led by commodity producers, as oil climbed to a record and the Financial Times reported ArcelorMittal may buy a stake in Rio Tinto Group . Tags: oilposted by admin on Jun 11
WHAT IS a "reasonable" corporate profiit? Is it 8 percent, 16 percent, 25 percent? What profit is unreasonable? Don't know? The Democratic majority in Congress thinks it does. Tags: oil