Vietnam's health ministry has discovered the industrial chemical melamine in 18 food products imported from China and three other countries and has ordered them recalled and destroyed, officials said Friday.
Over the weekend, Congress formally approved a continuing resolution that included $25 billion in low-interest loans for the auto industry to speed its transition to more fuel-efficient vehicles.
Gas prices dropped for their eleventh day in a row, bringing their total decline to about 20 cents over the period, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices dropped for the ninth day in a row, bringing the total decline to nearly 17 cents over that time period, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices retreated for the seventh day in a row, nearing pre-Ike levels, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices fell for the second-straight day Friday, after rising for eight consecutive days following the refinery-battering Hurricanes Gustav and Ike, according to a nationwide survey of credit card swipes at gasoline stations.
Vietnam's health ministry has discovered the industrial chemical melamine in 18 food products imported from China and three other countries and has ordered them recalled and destroyed, officials said Friday.
Over the weekend, Congress formally approved a continuing resolution that included $25 billion in low-interest loans for the auto industry to speed its transition to more fuel-efficient vehicles.
Gas prices dropped for their eleventh day in a row, bringing their total decline to about 20 cents over the period, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices dropped for the ninth day in a row, bringing the total decline to nearly 17 cents over that time period, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices retreated for the seventh day in a row, nearing pre-Ike levels, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices fell for the second-straight day Friday, after rising for eight consecutive days following the refinery-battering Hurricanes Gustav and Ike, according to a nationwide survey of credit card swipes at gasoline stations.
Gas prices fell for the first time in nine days after two powerful hurricanes entered the Gulf of Mexico and smashed through the heart of the nation's oil infrastructure, but questions lingered about when production would be restored.
President Bush Saturday said officials will ensure gasoline stations don't gouge customers after Hurricane Ike, but with some prices near $5 a gallon, some consumers were not so sure.
Record oil prices sent the trade deficit to a 16-month high in July, according to a government report released Thursday that also showed signs of economic weakness.
Retail gasoline prices rose modestly for the second day in a row Thursday as Hurricane Ike entered the Gulf of Mexico, according to a nationwide survey of gas station credit card swipes. But wholesale gas prices in the region soared.
Although oil prices have dropped over the past few weeks, U.S. airlines have no immediate plans to reduce fuel surcharges that they tack on to the price of a ticket.
Gasoline prices rose for the first time in 10 days as Hurricane Ike bears down on the Texas coast, according to a nationwide survey of gas station credit card swipes.
Gasoline prices fell yet again, according to a nationwide survey of gas station credit card swipes. The decline comes as focus turns toward Hurrican Ike -- expected to hit the central to southern coast of Texas by the end of the week.
China's yawning trade surplus rose to a monthly record high of $28.7 billion in August as the gap with the United States and Europe widened despite a global economic slowdown, according to data reported Wednesday.
When the 1,020-foot Explorer of the Seas cruises through North Atlantic waters next year, it'll spend more time off the coast of New England and less time near Canadian shores, and it's not because of better vistas.
Gasoline prices continued to decline, easing for the eighth straight day, as Tropical Storm Hanna dumped heavy rain on the entire eastern coast of the United States, according to a nationwide survey of gas station credit card swipes.
Gasoline prices eased for the sixth straight day, even as Tropical Storm hit the Carolinas, according to a nationwide survey of gas station credit card swipes.
Gasoline prices eased for the fifth straight day, even as Tropical Storm Hanna bears down on the Carolinas, according to a nationwide survey of gas station credit card swipes.
Although it was a painful summer for most drivers, it could have been worse had Americans not cut back on their gasoline consumption. Now, as summer ends and gasoline prices fall, drivers may be tempted to resume their gas guzzling habits.
Gasoline prices extended their decline for the fourth consecutive day, according to a nationwide survey of gas station credit card swipes, even in the hurricane ravaged states along the Gulf of Mexico.
Falling gasoline prices were not enough to revive sales of SUVs and pickups in August as major automakers all reported a sharp fall in sales once again. And Ford Motor warned it sees even tougher times ahead.
In the aftermath of Hurricane Gustav, energy analysts say that the fate of gas prices in coming days could hinge on possible damage to the area's dozens of refineries that turn crude into gasoline.
As officials evacuated New Orleans, the oil industry shut down rigs and pulled back personnel as Hurricane Gustav bore down on the Gulf Coast over the Labor Day holiday weekend.
Gas prices continue to rise in states along the Gulf of Mexico as workers on offshore oil rigs abandon ship and residents flee their homes ahead of Hurricane Gustav.
Gas prices zoomed higher in states along the Gulf of Mexico as workers on offshore oil rigs abandon ship ahead of Hurricane Gustav which became a category 4 storm on Saturday.
The Gulf of Mexico is home to 4,000 drilling platforms and 33,000 miles of pipeline, which send 1.3 million barrels a day to the Gulf Coast's 56 refineries. But a hurricane threatens to deal a powerful blow to the oil-rich region.
Gas prices continued their slide, falling 11% from highs reached in July, according to a national survey of gas station credit card swipes released Thursday.
Gasoline prices fell yet again, bringing the total decline to 44.7 cents a gallon since July, according to a national survey of gas station credit card swipes.
Oil prices climbed for a third day Wednesday as fears deepened that Tropical Storm Gustav could enter the Gulf of Mexico as a powerful hurricane and disrupt oil and natural gas production
Gasoline prices fell slightly Tuesday, bringing the total decline in the nationwide average to more than 10% since mid-July, according to a daily survey of gas station credit card swipes.
Retail gas prices fell overnight Monday, bringing the nationwide average down a total of 43 cents from last month's all-time high, according to a survey of gas station credit card swipes.
Gasoline prices fell below $3.70 a gallon on average across the nation, with only two states - Alaska and Hawaii - averaging above $4, according to a survey of gas station credit card swipes Friday.
Gasoline prices have fallen nearly 40 cents a gallon from their record highs after 34 straight days of declines, according to a daily survey released Wednesday.
The price of retail gasoline fell for the 33rd consecutive day, according to a daily survey of gas station credit card swipes on Tuesday, which brought the national average down more than 9% from a record high hit last month.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
The price of retail gasoline fell for the 32nd straight day, a daily survey of gas station credit card swipes showed Monday, bringing the nationwide average down 9% from an all-time hit last month.
Prices soared in July on the back of record oil. Now, after witnessing the sharp drop in the cost of crude, Americans are hoping for relief in August. They may be sorely disappointed.
Americans drove 12.2 billion miles fewer, or 4.7% less, in June than they did during June 2007, according to a report released Wednesday from the U.S. Department of Transportation.
Retail gasoline prices fell on average almost a penny overnight, extending declines for the 24th straight day, a survey of gas station credit card swipes showed Sunday.
Retail gasoline prices fell more than a penny overnight, extending a downward trend for the 21st straight day, a survey of gas station credit card swipes showed Thursday.
Oil ended Wednesday at the lowest price in more than three months as investors digested a surprise jump in crude stockpiles and continued weakness in demand for gasoline.
Gasoline prices fell for the 20th straight day, pushing the nationwide average down more than 25 cents, according to a survey of gas station credit card swipes released Wednesday.
The price of regular gas fell below $3.90 a gallon as fuel prices fell for the 15th day in a row, a daily survey of gas station credit card swipes showed Friday.
Fuel prices fell for the 14th straight day, with gasoline approaching $3.90 a gallon, a daily survey of gas station credit card swipes showed Thursday.
Regular gas prices at the pump, along with diesel and ethanol, have declined for the 13th straight day, a daily survey of filling station credit card swipes showed Wednesday.
The nationwide average for a gallon of regular gas has declined for the 12th straight day, a daily survey of filling station credit card swipes showed Tuesday.
Gas prices declined for the 11th straight day on Monday, falling to a level not seen since May, according to a nationwide survey of filling station credit card swipes. Other fuel prices also continued to fall.
The average price of gas dropped just barely under $4 a gallon for the first time since the beginning of June, according to a national survey released Sunday.
Gas prices declined for the 9th straight day, falling below $4 a gallon for the first time in seven weeks, according to a nationwide survey Saturday by motorist group AAA.
Gas prices declined for the 8th straight day, nearing a level not seen in seven weeks, according to a nationwide survey Friday of filling station credit card swipes. Other fuel prices also continued to fall.
United Airlines parent UAL Corp. stock soared 68% Tuesday after it reported a second-quarter net loss of $2.7 billion Tuesday due to the soaring price of fuel and announced thousands of new job cuts.
The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere
Thousands of layoffs, hundreds of grounded planes and 21 price increases may not have been enough to save the embattled airline industry from the damaging effects of high fuel prices.
Contentious issues have cropped up in presidential campaigns throughout America's history. Controversies from the past include slavery, isolationism, suffrage, civil rights, the prohibition of alcohol, and policies toward organized labor. The following issues are among those on the minds of voters in 2008.
Oil prices extended a post-July 4th descent Tuesday - falling more than $9 a barrel over two days - as Iran's president downplayed concerns about possible war in the Middle East and investors anticipated falling demand due to high gasoline prices.
Mikhail Glikberg remembers when he made a decent living as a taxi driver in Boston. He could work a 12-hour shift and take home up to $80 a day after expenses.
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