Fuel Fix

Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Obama: Cheap gasoline prices drove oil tax decision

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Categories: Crude oil, featured, Gasoline
The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.

Obama: Cheap gasoline prices drove oil tax decision

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Categories: Crude oil, featured, Gasoline
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT
The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
(Photographer: Eddie Seal, Bloomberg)

Drillers shut down dozens of rigs last week, biggest pull-back since April 2015

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Losses in the oil patch deepened in the second half of 2015 and into 2016 along with plummeting prices of crude.
Categories: Crude oil, featured, Texas

Convertible bonds boom as rates rise

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This month is set to be the most active for issuance in over two years, despite a markets sell-off that could slow bond offerings
Categories: Uncategorized

Berlusconi found guilty in sex trial

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Former premier sentenced to seven years in prison and banned from holding public office after being convicted in Milan trial that lasted more than two years
Categories: Uncategorized

US equities trim early losses

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Markets saw volatile trading as investors continued to get to grips with the implications of a credit squeeze in China and the prospect of Fed “tapering”
Categories: Uncategorized

Europol battles cyber ‘bands of brothers’

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Sophisticated gangs combining computer hackers and financial services experts are able to exploit weaknesses in financial system, says crime agency
Categories: Uncategorized

US emissions plan faces court challenges

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The fate of Barack Obama’s plans to regulate carbon emissions will be decided by the courts
Categories: Uncategorized

Fed fights back against ‘feral hogs’

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Richard Fisher, president of the Dallas Federal Reserve, warns that markets should not think the Fed will end up propping up the economy indefinitely
Categories: Uncategorized

Government by King Kanute and the Non-Elected

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President Obama is scheduled to lay out his vision for what the US must do to “lay out my vision for where I believe we need to go: a national plan to reduce carbon pollution, prepare our country for the impacts of climate change, and lead global efforts to fight it,” The steps that he […]
Categories: General

Google warns on EU web search rules

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Significant restrictions would impede advances, such as voice-activated services, that promise to make search more useful, the US group has said
Categories: Uncategorized
The U.S. Supreme Court building in Washington, D.C. (Photo: dbking/Flickr)

Supreme Court will hear Texas-EPA dispute over power plant emissions

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The U.S. Supreme Court has agreed to consider a case in which the state of Texas and other parties are challenging an Obama administration rule on power plant pollution that crosses state lines.
Categories: Electricity, Environment

Organised crime soars in wake of crisis

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Black market in counterfeit foodstuffs, pharmaceuticals and machine parts doubled to a value of about €2bn in the early years of the recession
Categories: Uncategorized
(AP Photo/Charles Krupa)

New carbon pollution rules could still be years away

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When President Barack Obama unveils his broad plan for combating climate change on Tuesday, he is expected to tout new rules to clamp down on greenhouse gas emissions from existing power plants.

Labour shortage threatens US housing rally

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Fitch says the nascent housing recovery could be held back by a lack of building workers who left the industry during the recession
Categories: Uncategorized