Highlights
A collection of news and information related to Petroleum Industry published by Tribune Company sources.
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For Russians, spending is the antidote to financial worry
Los Angeles Times Staff WriterMoney or no money, Eduard Strizhev wanted his Porsche. Stocks were collapsing downtown; the airwaves groaned with grim economic news; Russian finances teetered on the back of slumping oil prices and global credit crunch. But why dwell on dreariness?...Tags: Energy Saving, Hotel and Accommodation Industry, Porsche, Tourism and Leisure, Christmas
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Insulated from global woes, Iraqi stocks soar
The Associated PressWhile the rest of the world is facing a financial meltdown, the Iraq Stock Exchange is booming. The ISX index soared nearly 40 percent during September, boosted by increasing confidence in security gains. The ISX is only open two hours a day, three days...Tags: Electronics, Stock Market, Consumer Electronics Industry, Financial Markets, Saddam Hussein
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Is the era of easy credit over for the long haul?
The Associated PressAn inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels. But sitting...Tags: Credit and Debt, Bankruptcy, Loans, Homes, Vehicles
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Energy costs a factor in Michigan US Senate race
Associated Press WriterA gallon of gas costs more than twice what it did six years ago, the last time incumbent Democratic U.S. Sen. Carl Levin was up for re-election. The average statewide cost for regular unleaded gasoline was $3.27 per gallon as of Friday, according to AAA...Tags: Wildlife, Government, Research and Development, State Budgets, Renewable Energy
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Politics takes a pass at site of historic campaign
Associated Press WriterAmerican flags flutter merrily in this sleepy town, and you can get a mean tenderloin sandwich at one of its three eateries. But don't expect to find much talk about politics in the birthplace of the modern political campaign. Only a handful of campaign...Tags: Election Day, Groceries, Tourism and Leisure, Government, Fires
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Palin has mixed record as fiscal conservative
The Associated PressANCHORAGE, Alaska (AP) -- Alaska Gov. Sarah Palin, the Republican nominee for vice president, bills herself as a fiscal conservative. But her record is mixed: She increased to historic proportions the annual bonus each Alaskan receives from the government...Tags: eBay Incorporated, Government, Public Finance, Financing and Stock Offerings, State Budgets
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Slots Q&A: Frederick W. Puddester, slots proponent
Baltimore Sun reporterFrederick W. Puddester is chairman of For Maryland For Our Future, a pro-slots ballot committee. Puddester was state budget secretary under former Gov. Parris N. Glendening, and is an associate dean for finance and administration at the Johns Hopkins...Tags: Gaming and Lotteries, Constitutional Issues, Tourism and Leisure, Government, ESPN
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In Russia, grim financial news doesn't keep the rich from spending
Los Angeles Times Staff WriterMoney or no money, Eduard Strizhev wanted his Porsche. Stocks were collapsing downtown; the airwaves groaned with grim economic news; Russian finances teetered on the back of slumping oil prices and a global credit crunch. But why dwell on dreariness?...Tags: Energy Saving, Hotel and Accommodation Industry, Porsche, Tourism and Leisure, Christmas
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Diesel Fuel Still Pricey, Hurting State's Trucking Industry
Gasoline prices in Connecticut have been steadily falling — down $1 Friday since peaking in July — and so have diesel fuel prices. Just not as much. Diesel still costs about 76 cents a gallon more than regular gas in Connecticut, according...Tags: Upstream Oil and Gas Activities, Transportation, Vehicles, Kerosene, AAA
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Airfares set by law of supply and demand, not just oil prices
The Associated PressSince oil prices have fallen off recently, why haven't airfares fallen too? Fuel makes up about 40 percent of the total budgets of most major airlines. And in the past year, as the price of oil — and in tandem, the price of jet fuel — has...Tags: Southwest Airlines Company, Energy Saving, AMR Corp., American Airlines, Inc., Commodity Markets
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Holiday airfares in Orlando are taking off
Sentinel Staff WriterCentral Floridians planning to fly this holiday season will pay more than they did last year, as airlines' reduced flight schedules drive airfares higher. An analysis by the travel-consulting company Harrell Associates found that Orlando fares are up...Tags: Southwest Airlines Company, Corporate Officers, Marketing, Charlotte, Holiday Vacations
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Scientists look to new ways to save Florida's reefs
Sentinel Staff WriterScientists trying to save Florida's diminishing coral reefs are using new approaches to help damaged reefs recover and survive a changing climate. Damage from environmental problems, including climate change, is inevitable, they say, so they focus...Tags: Wildlife, Endangered Species, Key Largo, Bodies of Water, Tourism and Leisure
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