Summary
A collection of news and information related to Commodity Markets published by Tribune Company sources.
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694 items on Commodity Markets
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Oil, gas quest commences off Florida
Associated PressOil companies once viewed drilling in the deep waters off Florida as cost-prohibitive. Politicians feared even the slightest sign of support would be career suicide. No more. Record crude oil prices are fueling support for oil and natural gas exploration...Tags: Energy Resources, Energy KD, Environmental Pollution, Santa Barbara (Santa Barbara, California), George Bush
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The Coming BLACK PLAGUE?
Sun reporterThe farmer drove a diesel-powered hay baler in a circuit around his field, followed by his son on a clattering machine that grabbed the bales with metal fingers. Edward F. Stanfield, 77, and his son, Edward B. Stanfield, 49, have followed this oil-...Tags: Farms, Energy Resources, Agriculture, Famines, Heart Disease
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Pump price edges down
Associated PressPrices at the pump pulled back from record highs yesterday as another slide in the price of oil capped crude's biggest one-week drop in more than three years. Gasoline dropped by nearly a penny a gallon across the country. If crude prices hold steady...Tags: Vehicles, Downstream Oil and Gas Activities, Sales, Consumers, Energy KD
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Oil Prices Fall Again
Associated PressA stunning sell-off dragged oil prices to their biggest weekly drop ever and gas at the pump slipped by the more than it has in months, giving consumers a rare breather in a year of record fuel prices. The national average for a gallon of regular fell by...Tags: Vehicles, Sales, Ford, Ford Motor Co., Automotive Equipment
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CME ups membership payment in Nymex bid
Chicago Tribune ReporterThe CME Group on Friday revised its bid to acquire the New York Mercantile Exchange, saying an additional $113 million for Nymex members should successfully end a merger saga that has unfolded amid a stock meltdown. Shareholders and members will vote...Tags: Shareholders, Financial Markets, Restructuring and Recapitalization, Mergers, Acquisitions and Takeovers, Chicago Board of Trade
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Some good news: Oil drops in right direction
The Associated PressThe price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Experts won't go that far just yet. "It's too early to say we've seen the worst of...Tags: Energy Saving, Prices, AAA, New York Mercantile Exchange, Economy
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Oil-price bubble could be deflating, analysts say
The Associated PressPrices at the pump pulled back from record highs Friday as another slide in oil capped crude's biggest one-week drop in more than three years. Gasoline dropped by nearly a penny at filling stations across the country. If crude prices hold at current...Tags: Vehicles, Sales, Automotive Equipment, Energy Saving, Prices
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Bradley officials aim for future Europe routes
Associated Press WriterIf passenger numbers are any indication, the desire for nonstop service between Europe and Bradley International Airport isn't likely to abate even after Northwest Air Lines ends that route this fall. Tourism and business leaders in Connecticut and...Tags: Albany International Corporation, Financially Distressed Companies, Bradley International Airport, Transportation Accidents, Marketing
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Senator Patty Murray Pushes Gas Plans
Sen. Patty Murray says Democrats have a plan to combat record-high gas prices.
In her party's national radio address today, Murray said oil companies could nearly double U.S. production if they drilled in 68 million acres of federal land already leased...Tags: Land Resources, Upstream Oil and Gas Activities, National Government, Energy Saving, George Bush
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Week ends with stocks up and oil down
Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports. But the major indexes still ended the week with...Tags: J.P. Morgan Chase & Co., Google Inc., Wells Fargo & Co., Quarterly or Semiannual Financial Statements, Advanced Micro Devices Inc.
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