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Lock up the Strategic Petroleum Reserve
Steve ChapmanRising oil prices have some members of Congress calling on President Obama to flood the market by releasing stocks from the government's Strategic Petroleum Reserve. But the panic is unwarranted, and federal intervention in a well-functioning market is no... -
US Midwest gasoline pump prices surge on tight refinery supplies
ReutersBy Brendan O'Brien MILWAUKEE, Wis. May 17 (Reuters) - Retail gasoline prices hit all-time highs on Friday in several U.S. Midwestern cities due to maintenance and outages at refineries in the region resulting in a tightening of supplies, according to...Tags: Petroleum Industry, Manufacturing and Engineering, Automotive Equipment, Upstream Oil and Gas Activities, Joliet
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Tesoro is cleared to buy BP's Carson refinery, Arco stations
Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and...
Tags: Mergers, Acquisitions and Takeovers, Petroleum Industry, AAA, Environmental Issues, Companies and Corporations
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WRAPUP 1-U.S. May consumer sentiment highest in nearly 6 years
Reuters* Consumer sentiment rebounds in May, highest since July 2007 * Leading indicators rises more than expected in April By Leah Schnurr NEW YORK, May 17 (Reuters) - U.S. consumer sentiment rebounded in early May to the highest level in nearly six years,...Tags: Petroleum Industry, Economy, Business and Finance, S&P 500, Stock Market, St. Petersburg (Pinellas, Florida)
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May consumer sentiment highest in nearly 6 years
(Reuters) - U.S. consumer sentiment rebounded in early May to the highest level in nearly six years, an encouraging sign after recent data that has suggested economic growth is cooling. A gauge of future economic activity released on Friday also...Tags: Petroleum Industry, Economy, Business and Finance, St. Petersburg (Pinellas, Florida), Labor Markets, Stock Market
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As Memorial Day nears, California gasoline prices rise above $4
Summer is coming. The long Memorial Day weekend is just two weeks away and, of course, average gasoline prices in California are back up above $4 a gallon. On Friday, the average price of a gallon of regular gasoline in California was $4.062, up 7.6...
Tags: Petroleum Industry, AAA, Auto Trends, BP Plc, Memorial Day
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WRAPUP 2-U.S. May consumer sentiment highest in nearly 6 years
Reuters* Consumer sentiment rebounds in May, highest since July 2007 * Leading indicators rises more than expected in April By Leah Schnurr NEW YORK, May 17 (Reuters) - Americans felt better about their economic and financial prospects in early May as...Tags: Petroleum Industry, Economy, Business and Finance, S&P 500, St. Petersburg (Pinellas, Florida), Stock Market
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May consumer sentiment highest in nearly six years
ReutersNEW YORK (Reuters) - Americans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six years, an encouraging sign after other recent data had suggested broader U.S. growth is...Tags: Petroleum Industry, Economy, Business and Finance, S&P 500, St. Petersburg (Pinellas, Florida), Labor Markets
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WRAPUP 1-Data raises questions about strength of U.S. economy
Reuters* U.S. claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U.S. economy showed worrisome signs as jobless claims rose...Tags: Employment Opportunities, Petroleum Industry, ING Group, Employment, Labor Markets
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Fed's Fisher says not worried about drop in inflation
ReutersHOUSTON (Reuters) - A slowdown in U.S. inflation was benign and could "unleash" consumer spending, Dallas Federal Reserve Bank President Richard Fisher said on Thursday, adding that he was not worried about the risk of deflation. "If you look at CPI...Tags: Economic Indicator, Petroleum Industry, Inflation and Deflation, Economy, Business and Finance, Consumer Confidence
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Consumer prices see biggest drop in 4 years
ReutersFalling gas prices caused U.S. consumer prices to drop at the fastest rate in four years. The Labor Department said on Thursday its Consumer Price Index slipped 0.4 percent. Analysts had expected a more modest 0.2 percent decline in last month's prices....Tags: Economic Indicator, Petroleum Industry, Inflation and Deflation, Economy, Business and Finance, Consumer Confidence
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Evidence mounts on slower U.S. economic growth
ReutersWASHINGTON (Reuters) - The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. Other data on Thursday showed a spike...Tags: Employment Opportunities, Petroleum Industry, ING Group, Employment, Productivity
Mar 10, 2011
| Chicago Tribune
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Allentown Morning Call
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
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