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I never thought I'd have to come to this, defending Phil Gramm on anything. ...more
July 21, 2008
Worried about rising inflation, Federal Reserve officials at their meeting in June thought the Fed's next move on interest rates was likely to be up. ...more
July 17, 2008
a rising billion in China and India determined to own automobiles and air conditioners. This increased demand for oil, natural gas and coal has almost nothing to do with the policies of America or the designs of OPEC. ...more
July 14, 2008
Florida's 2007-2008 orange crop finished at 169.7 million boxes, according to the U.S. Department of Agriculture (USDA) which Friday released its final citrus report of the season. ...more
July 13, 2008
Poor countries will need some $6 billion in food aid annually, with food and energy prices expected to remain high for years to come, the president of the World Bank said Saturday. ...more
July 13, 2008
Let's talk energy prices because some of us can no longer afford to drive to work. ...more
July 10, 2008
WASHINGTON - Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser. ...more
July 6, 2008
Oil 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. ...more
July 4, 2008
Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market. ...more
July 4, 2008
As oil set a new record, top industry executives and a senior EU official Monday urged the world to pull together in the face of skyrocketing energy prices, while acknowledging that - even if it does - costly crude is here to stay for years. ...more
July 1, 2008
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