Highlights
A collection of news and information related to Petroleum Industry published by Tribune Company sources.
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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,...Tags: Upstream Oil and Gas Activities, AAA, Meriden, New Britain, Transportation
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Underwater oil reserves give Brazil a new set of problems
The Associated PressFour miles under the ocean's surface off Brazil's lush coast lie billions of barrels of recently discovered light crude — a treasure that could transform the country into an oil superpower. President Luiz Inacio Lula da Silva called it "a gift from...Tags: Entergy Corporation, Petroleo Brasileiro SA
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As Gas Prices Drop, Guzzling Still Passé
Associated PressGas prices are dropping fast and could fall below $3 a gallon in a matter of weeks, if not sooner. Does that mean Americans will return to their heedless, gas-guzzling ways? Experts say they won't, because most drivers assume that the price drop will...Tags: General Motors Corp., Fuel-efficient Vehicles, David Robinson, Automotive Equipment, Ford
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2009 Chevy Aveo5
San Antonio Express-NewsWarren Brown Mediocrity in defense of value can be a virtue. Consider the 2009 Chevrolet Aveo5 2LT subcompact. It is not at the top of the class. Nor is it at the bottom. No one will name it "Car of the Year," but it is a strong contender for "Best...Tags: Toyota, General Motors Corp., Passenger Cars, Fuel-efficient Vehicles, Hybrid Vehicles
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Lesson of crisis: It's a small world after all
New York Times News ServiceIn Korea, exporters are suddenly struggling. In India, industrial growth has slowed substantially. In Sweden, Volvo is cutting thousands of jobs. In Japan, which thought it was immune to the current market chaos, a credit squeeze seems to be forcing...Tags: Bankruptcy, Electronics, Globalization, Central Bank, The Goldman Sachs Group Incorporated
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Unearthing Brazil's oil bonanza may be a herculean task
Associated PressRIO DE JANEIRO — Four miles under the ocean's surface off Brazil's lush coast lie billions of barrels of recently discovered light crude—a treasure that could transform the country into an oil superpower. President Luiz Inacio Lula da Silva...Tags: Upstream Oil and Gas Activities, Energy, Defense, Petroleo Brasileiro SA, International Relations
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What's at stake in the Nov. 4 election
It's getting late in the election season, and many voters have sorted themselves into one camp or the other. But the fence-sitters may end up tilting the outcome, with great consequence for the nation and the world. So how to choose? Here are the...Tags: John McCain, National Government, Fuel-efficient Vehicles, Medical Services, State Budgets
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Woman Once Again Has Gift Shop In Durham
Courant Web HostDuring her 20-year career in retail, Durham resident Dottie Smith has called many places her business "home." Smith, whose warm personality bubbles over the moment she begins to speak, opened her first specialty gift shop, called Favorite Things, in...Tags: Wine, Beer, and Spirits, Animals, Homes
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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: Energy Saving, Southwest Airlines Company, Transportation, Air Transportation, Air Transportation Industry
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Grapes and B & Bs cluster together here
St. Louis Post-DispatchThey said it couldn't be done when Paul Renzaglia's father, Guy, decided to plant a vineyard and open a winery in Alto Pass, Ill. Alto Vineyards released its first vintage in 1988. Customers lined up — in February, in a blizzard — and bought...Tags: Rivers, Bodies of Water, Wine, Beer, and Spirits, Beverage Industry, Walt Disney World Resort
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Oil price slide accelerates
NEW YORK The stunning collapse in oil markets accelerated yesterday, with a barrel plunging below $78 as investors grow more pessimistic about a mushrooming global economic crisis. A barrel of crude hasn't been this low in 13 months - a rare silver lining...Tags: Commodity Markets, New York Mercantile Exchange
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Oil plunges below $78 a barrel
Oil hasn't been this cheap in 13 months. "As long as this financial crisis continues, we could see prices go down into the $60 range," said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Mass.
Oct 12, 2008
|Story| Hartford Courant
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|Story| South Florida Sun-Sentinel
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|Story| Associated Press
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|Story| Hampton Roads Daily Press
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|Story| South Florida Sun-Sentinel
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|Story| South Florida Sun-Sentinel
Oct 11, 2008
|Story| Baltimore Sun
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|Story| Orlando Sentinel
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