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The Swampby Mark Silva SHARM EL SHEIKH, Egypt - A rebuffed President Bush complained today that "those who are screaming the loudest'' about Saudi Arabia stepping up oil production are the same people opposing his efforts to expand domestic oil drilling.......
KickingTiresThe price of oil jumped earlier this month, reaching about $83 per barrel, but it has now dropped nearly 10% in the past two weeks. Gas should soon follow, falling to as low as $2.60 per gallon after getting dangerously......
Tags: AAA, Petroleum Industry, Energy Saving
Remember the 1980s? It was to be the decade of Japanese dominance. A post-Jimmy Carter America would be unable to compete with the efficient Japanese jobs machine. Aging technology, lazy management and high-cost labor would ensure America's rapid demise...
As gasoline prices climb, President Barack Obama's poll numbers plummet. In February, a Washington Post/ABC poll had Obama up 6 points against Mitt Romney. Monday's poll has him down 2. According to the polls, gas prices are a huge part of the story,...
Alvin Roth earned his 2012 Nobel Prize in economics for market design and matching theory — creating ways to pair "buyers" and "sellers" happily and fairly when price isn't a primary consideration. For instance? Kidney exchanges, in which cost can't...
Tropical Storm Isaac is curtailing oil production along the Gulf of Mexicoand threatening refineries, which could send already rising gasoline prices up another 10 cents in the coming week. The U.S. Bureau of Safety and Environmental Enforcement, which...
Tags: AAA, Gulf of Mexico, Employees, Hurricanes, Gasoline Industry
IRA Solutions, Inc. Jesse Lipscomb, Investment Advisor CA Insurance Agent License: 0D22050 4025 Camino Del Rio South, Suite 300 San Diego, CA 92108 Phone: 619-280-2700 Jesse@FinancialCPR.net www.FinancialCPR.net ++++++++++++++++++++ || ++++++...
A bidding battle for the Chicago Mercantile Exchange Group may be brewing in central Indiana. The CME has a major stake in the financial sector, influencing interest rates, exchange rates, and prices for commodities such as corn, soybeans, and pork...
Tags: Money and Monetary Policy, Chicago
Douglas Oberhelman is the most outspoken business leader in Illinois. As CEO of Peoria-based Caterpillar, he has placed himself — and the issue of Illinois' fiscal crisis — centerstage through a series of sharp-tongued op-eds bemoaning the...
Tags: Energy, Exports, Economy, Business and Finance, China, Pat Quinn
What a difference two weeks makes in the ag commodities markets. In the last column we were discussing how high the corn acreage was and the re-adjustment upward of the corn stocks by some 300 million bushels. On the July 12, USDA's WASDE report adjusted...
When Constellation Energy Group and EDF Group teamed up three years ago, the economy was riding high, and so were they. Rising energy prices and a growing economy prompted them to propose the once unthinkable: developing, building and operating the first...
Crisis can trash or temper a marriage. We'll soon know which way it goes for Baltimore's Constellation Energy Group and France's EDF Group. Their partnership in owning and developing nuclear electricity plants is being tested by the terrible economy,...
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