Highlights
A collection of news and information related to Petroleum Industry published by Tribune Company sources.
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Solar car completes 1st ever round-the-world trip
Associated Press WriterIf a solar-powered car can drive 32,000 miles (52,000 kilometers) around the globe without using a drop of oil, perhaps it can be forgiven for not having a coffee cup holder. Or maybe that makes Swiss adventurer Louis Palmer's journey even more...Tags: Global Warming, Treaties, Trips and Vacations, Global Change, Vehicles
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The pirate's life on captive freighter: Card games, shared meals, tales of home with captives
Associated Press WriterMOMBASA, Kenya (AP) — For more than two months, Somali pirates and their hostages aboard a Greek cargo ship played cards, caught fish under the blazing sun, and swapped tales of home. By the time all 25 hostages were released unharmed last week, the...Tags: Game Playing, Baby Products, Games, and Toys, Firearms, Family, Games
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Oil tumbles below $44 a barrel, gas hits new low
AP Energy WriterOil tumbled below $44 a barrel Thursday and average gasoline prices slipped under $1.80 a gallon, both four year lows, as unemployment benefit claims hit a 26-year high and major companies announced more job cuts. The unprecedented decline in energy...Tags: Layoffs and Downsizing, McGraw-Hill Companies Incorporated (The), Costco Wholesale Corporation, Market and Exchange, Energy Resources
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Gold, other commodities fall; more signs of economic weakness spur fear of falling demand
AP Business WriterNEW YORK (AP) — Gold and other commodities prices fell Thursday investors extended their flight from the futures markets amid more signs of economic weakness. The dominating driver of the commodities markets in recent months has been the fear of...Tags: Economy, Market and Exchange, Money and Monetary Policy, Upstream Oil and Gas Activities, Energy
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Solar car completes 1st ever round-the-world trip, brings green message to climate talks
Associated Press WriterPOZNAN, Poland (AP) — If a solar-powered car can drive 32,000 miles (52,000 kilometers) around the globe without using a drop of oil, perhaps it can be forgiven for not having a coffee cup holder. Or maybe that makes Swiss adventurer Louis Palmer's...Tags: Global Warming, Treaties, Trips and Vacations, Global Change, Vehicles
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Bush rule change could make it tougher for Congress to block drilling, mining on public lands
Associated Press WriterWASHINGTON (AP) — The Bush administration is trying to make it tougher for Congress to block mining and oil and gas drilling on public lands. The Bureau of Land Management, which manages 258 million acres of federal property, stripped from its...Tags: Mining, Government, Parliament, Barack Obama, Energy Resources
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Oil prices fall below $44 a barrel, gasoline below $1.80 a gallon in broad economic pullback
AP Energy WriterCOLUMBUS, Ohio (AP) — Oil tumbled below $44 a barrel Thursday and average gasoline prices slipped under $1.80 a gallon, both four year lows, as unemployment benefit claims hit a 26-year high and major companies announced more job cuts. The...Tags: Layoffs and Downsizing, McGraw-Hill Companies Incorporated (The), Costco Wholesale Corporation, Market and Exchange, Energy Resources
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ECB trims interest rate to 2.5 pct after Bank of England, Swedish Riksbank cut to 2 pct
AP Business WritersBRUSSELS, Belgium (AP) — Europe's central banks slashed borrowing costs aggressively Thursday to try and ward off a long recession triggered by the financial crisis. Their rate cuts tried to counter a slowdown that looks longer and deeper than...Tags: ING Group, Lloyds TSB Group Plc, Inflation and Deflation, Economy, Business
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Russia sending warship through Panama Canal in symbolic move
The Associated PressRussia said today it is sending a warship through the Panama Canal for the first time since World War II, a short journey loaded with symbolic weight: the destroyer will dock at a former U.S. naval base, showcasing Russia's growing influence in the...Tags: Jimmy Carter, John McCain, Government, Hugo Chavez, Transportation
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We think: Timing is right for U.S. to restore influence in Latin America
Cast in the movies, Hugo Ch�vez and the Castro Brothers could be comedic foils to President George W. Bush. There's been much bickering and back-stabbing through the years, including the notorious "donkey" label that Mr. Ch�vez pinned on Mr....Tags: Government, Fidel Castro, Heads of State, Barack Obama, George Bush
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Toyota and Honda feel pinch of global slump at home, take steps to cope
AP Business WriterTOKYO (AP) — Toyota and Honda are starting to feel the pinch of the global slowdown at home. On Thursday, Japan's biggest automaker said it was suspending production at a third plant later this month as it tries to cope with falling demand in the...Tags: Retirement, Automotive Equipment, Employees, Sales, Honda Motor Co.
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Toyota, Honda feel pinch of global slump at home
AP Business WriterToyota and Honda are starting to feel the pinch of the global slowdown at home. On Thursday, Japan's biggest automaker said it was suspending production at a third plant later this month as it tries to cope with falling demand in the U.S. and around the...Tags: Retirement, Automotive Equipment, Employees, Sales, Honda Motor Co.
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Dec 3, 2008
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|Story| Orlando Sentinel
Dec 4, 2008
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Dec 4, 2008
|Story| Associated Press
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