DALLAS, Texas (Reuters) - Sky-high oil prices are causing pain at the pump, but bills for air conditioning this summer and heating next winter -- combined with rising food costs -- promise to squeeze U.S. consumers even more. With gas
BLOCK 15, Ecuador (Reuters) - OPEC Secretary-General Abdullah al-Badri said on Friday he was not worried about reports of faster-than-expected depletion in the world's biggest oil fields. Oil climbed toward $132 a barrel on Friday, driven by a weaker dollar
As pump prices continue their seemingly inexorable climb, more than half of Canadians are either changing their driving habits or thinking about it, a new poll suggests. About a quarter of respondents to The Canadian Press-Harris-Decima survey said the soaring
Conservative Saudi Arabia cut loose for one night with bright lights and loud music to celebrate 75 years of the oil era, which has turned a backward desert kingdom into a super-rich power. King Abdullah watched dancing children and listened
The price of oil has risen to over $130 per barrel. What is the cause of this rise? In the latest forecasting survey of the Wall Street Journal, we read that a majority of economists attribute rising food and oil
Fleets use cheaper, cleaner fuel, but only Honda makes consumer model OKLAHOMA CITY - As gasoline prices soar, vehicles powered by natural gas are capturing more attention, especially among those operating heavy vehicles. ...
Why the current slowdown in business travel may not end when the economy recovers For years, Irv Rothman, CEO of Hewlett-Packard's (HPQ) Financial Services division, traveled at least once a quarter—top three lieutenants in tow—from his New Jersey base to
The problem is simple, there is not enough to go around China's devastating earthquake gave the people of Sichuan an early taste of a world that is running out of fuel. Thousands of families slept in their cars outside petrol
AAA expects 31.7 million Americans to drive this Memorial Day weekend NEW YORK - Holiday travelers hitting the road for the unofficial start of summer have some budget adjustments to make with gasoline prices at record highs. ...
The Global Invasive Species Program, meeting in India, has said countries should avoid planting crops for biofuels that stand a high risk of becoming invasive species. GISP has identified all the crops currently being used or considered for biofuel production
As a standard, all operator interfaces of the Eagle and Open HMI series by R. STAHL HMI Systems that are fitted with an Ethernet interface for TP cables now have a DNV certificate. On request, these operator interfaces are now
AP) -- Toyota is building a $192 million plant in Japan to produce batteries for gas-electric hybrid vehicles, as it seeks to keep its lead in an intensifying race for green cars among the world's automakers. Toyota's joint venture with
Campaign for Better Transport, responding to plans by the road haulage lobby for a demonstration on Tuesday, today urged the Chancellor to reject calls for a decrease in fuel duty and to use the revenue to give people real travel
The more Democrats think they know about global warming, the more concerned they are. But Republicans who consider themselves well informed on the topic seem no more worried than those who profess ignorance, a study suggests. When it comes to
BMI British Midland profits were halved last year as it was hit by integration costs arising from its takeover of loss-making BMed, the former British Airways franchise carrier, as well as rising fuel costs. The group has become the first
China has released another 49,000 barrels of fuel from its strategic petroleum reserve to ensure adequate supplies in earthquake areas, the government said Friday. The fuel released on Wednesday and Thursday brings the amount of oil distributed from the national
The cost of protecting airline bonds from default soared and bond prices plunged as oil reached a record $135 a barrel, stoking concern that carriers will run out of cash as jet-fuel prices surge. Credit-default swaps tied to the bonds
Raleigh, N.C. — Prices at the gas pumps are leaving some wallets reading "empty." There is talk that gas prices could reach $7 a gallon by the end of next year, and that's a worrisome prospect if you're a local-government
DETROIT For two years, U.S. automakers have told investors, creditors and workers to remain patient with a wrenching, industry-wide restructuring because a turnaround was just around the corner. But with oil prices surging, the U.S. auto market bumping along at
In the latest sign that the outlook for the airline industry is darkening, Standard & Poor’s Ratings Services on Thursday placed nine big airlines on CreditWatch with negative implications, meaning that it was likely to cut their debt ratings. A
