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NEW YORK (AP) — Oil prices sank to their lowest point in weeks Friday as investors questioned whether crude has cooled enough to reflect a serious deterioration in demand. Earlier the contract dropped as far as $122.50, its...
SACRAMENTO (AP) — California on Friday became the first state to prohibit restaurants from using artery-clogging trans fats in preparing their food. Gov. Arnold Schwarzenegger signed legislation that will ban restaurants and...
CALGARY, Alberta (Reuters) - Air Canada must live up to its labor-code obligations to laid-off workers as it embarks on a plan to cut 2,000 jobs to deal with surging fuel prices, the Canadian government ruled on Friday. But Air...
NEW: Official: $275M a day is pricetag as long as Mississippi river is blocked River bends and swift currents helping to isolate oil against banks Four vessels were being allowed to move on the river channel, says Coast Guard...
By Lea Terhune T. Boone Pickens, an octogenarian Texas oil billionaire, recently paid to air television ads promoting his plan to reduce U.S. dependency on foreign oil through developing alternative energy sources. The Pickens...
