Oil Reaches Record High: Who's to Blame?Oil company profitOil companies made lousy profits throughout the 1980s and 1990s, and had to conslidate to keep investors happy. They spend billions of dollars on exploration, with no guarantees the investments will pay off. When GE does this or Dell or Microsoft in...
ADInstruments Inc. and businesspartner Telemetry Research today introduced telemetry systems for themeasurement of blood pressure, temperature and biopotentials from small andlarge animals. The systems feature the first commercially availableSNA/BP/Temperature transmitter. Systems Acquire a Broad Range of Signals The new systems acquire a number of signal combinations. In addition toblood pressure,...
WASHINGTON AFP — US sales of existing homes rose in July to a five-month high but the glut of unsold homes hit a record high, according to industry data Monday that suggests the housing market remains in crisis. The National Association of Realtors NAR reported sales of existing...
iRecord Pro Now Records High Fidelity Movies and Music Directly to the 3G iPhone Without the Need of a Computer SANTA CLARA, Calif. -- Streaming Networks today announced enhancements to the iRecord[R] Pro, including the support for direct recording to the 3G iPhone and iPod touch without the...
MOTORING Julian Knight finds fuel efficiency doesn't always mean low cost In a little over a week's time, thousands of Britons will become the proud owners of a brand new 58-registration car. But in these days of the credit crunch and record-high oil prices, the decision...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD JAL Group, the parent company of Japan Airlines, said on Thursday (21 August) that it has applied to the Japanese government for an increase in the fuel surcharge levied on tickets for international flights. The new surcharge rates would apply...
Gas prices in Utah have fallen in recent days, but they remained the third-highest in the nation Thursday, while global oil prices increased. At $4.01 for a gallon of regular unleaded gasoline, Utah's average price was 31 cents higher than the national average of $3.70 per gallon....
NEW YORK AFP — Oil prices shed more than six dollars a barrel Friday after the dollar firmed and as the world's second-largest pipeline appeared set to reopen. New York's main contract, light sweet crude for October, fell 6.59 to close at 114.59 dollars a barrel. ...
wholesale gas prices rose by more than 14 per cent yesterday after a leak on a North Sea pipeline prompted fears about supplies this winter. The Norwegian oil and gas producer Statoil Hydro said it discovered the leak on a gas pipeline linking its Kvitebjoern field to...
SUPERIOR, Wis. -- AMSOIL INC. of Superior, WI is now offering a money-back guarantee on its top selling gasoline additive AMSOIL P.i. Performance Improver if the product fails to improve a vehicle's mileage. Field tests show that AMSOIL P.i. provides an average fuel economy improvement of 2.3 percent and up...
TOKYO AFP — Japan's trade surplus in July fell 86.6 percent to 91.1 billion yen (830 million dollars) from a year ago, the finance ministry said Thursday, as high oil prices drove up the cost of energy imports. It marked the fifth straight month of decline for the...
CARACAS AFP — Venezuela will propose production cuts at the next OPEC meeting in September if oil prices continue to fall, Energy and Petroleum Minister Rafael Ramirez said Tuesday. "If there is a trend or dynamic toward lower oil prices, Venezuela will consider the possibility of a cut...
HARBIN, China, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia International, Inc. (BULLETIN BOARD: CYXI) ("China Yingxia" or "the Company"), a leading provider in the nutraceutical industry engaged in the development, manufacture and distribution of nutritional food products, dietary supplements, and personal care products in the People's Republic of China...
LONDON AFP — Gold prices tumbled underneath 800 dollars per ounce on Friday, hitting a ten-month low point as the precious metal was hampered by the strong US currency and weak oil prices, analysts said. On the London Bullion Market, the price of gold slid to 772.98 dollars...
Auto manufacturers are pulling the plug on lease programs to avoid steep losses on returned sports utility vehicles and other fuel-inefficient cars that have lost significant value because of record-high gas prices. The carmakers are also getting hit for using overzealous lease terms to win customers....
BRUSSELS AFP — Europe has swung towards recession, with the eurozone economy shrinking for the first time and inflation hovering at a record high as the sharp global downturn takes hold, new figures showed Thursday. The 15-nation eurozone economy contracted by 0.2 percent in the second quarter, the...
Today’s investors are caught in a battle between rising inflation and a slowing economy, translating into a debate over whether interest rates will be moving lower or higher in the near future. The variables continue to change daily, but one factor has been constant–the rising price of oil.Oil has reached...
Your July 16 story "Gas stations would have to disclose true prices under bill" is inaccurate and misleading. While lobbyists in the gas business would like to lay blame for rising gas prices on payment card acceptance costs, instead of record-high oil prices, Americans know a scapegoat when they see...
NEW YORK AFP — US stocks closed higher Wednesday as oil prices fell again, offering inflation relief, and Cisco's bright outlook lifted sentiments. The Dow Jones Industrial Average climbed 39.49 points (0.34 percent) to 11,655.26 at the closing bell while the tech-heavy Nasdaq composite added a hefty 28.54...
If you have been watching the U.S. stock markets or looking through quarterly statements from your local investment firm, you've probably observed that the markets are down significantly and your investment accounts have lost a noticeable amount of money. As of Aug. 1, the S&P 500...
Articles 2008-08-06
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