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Click here to visit the new home of Politics Daily!NEW YORK -- High fuel prices are putting the squeeze on drivers' wallets just as they are starting to feel better about the economy. They're also forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers. Gasoline prices rose 4 percent last week to a national average of $3.29 per gallon. That's the highest level ever for this time of year, when prices are typically low. And with unrest in the Middle East and North Africa lifting the price of oil to the $100-a-barrel range, analysts say pump prices are likely headed ...
(Oct. 11) -- If you can't fly the friendly skies without a stiff drink or a sedative, take note: The fumes from airplanes are to blame for more annual deaths than actual airplane crashes. Maybe not the most reassuring of factoids, but one that offers a reminder of just how safe (relatively speaking) air travel really is. What's so deadly about airplane exhaust? Much like the exhaust that pours out of your car, plane fuel emits pollutants (like sulfur dioxide, for example). The particles are tiny, and that's what makes them so deadly: They can easily enter the human bloodstream and cause ...
(Sept. 2) -- Just when many families have opted for "staycations" instead of traveling for the Labor Day weekend because of the lousy economy, they're finally catching a break on gasoline prices. Fuel is at its second-lowest level in five years, and some economists predict that it could drop much further in the months ahead. ...
MOSCOW (Aug. 13) -- Russia's nuclear agency said Friday that it will load fuel into Iran's first nuclear power plant next week, moving ahead with launching the facility despite Iran's stubborn defiance of international demand to halt uranium enrichment. Rosatom spokesman Sergei Novikov said that uranium fuel shipped by Russia will be loaded into the Bushehr reactor on Aug. 21, beginning the startup process. "From that moment the Bushehr plant will be officially considered a nuclear-energy installation," he told The Associated Press. Mehdi Ghasemi, ISNA / AP The reactor building of Iran's ...
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Larry Kudlow on Oil But here's an eye opener. Recent polling data from Gallup show the percentage of voters blaming oil companies for skyrocketing gasoline prices has dropped from 34 percent to 20 percent over the past year. At the same time, support for more drilling in U.S. coastal and wilderness areas has increased to 57 percent from 41 percent. ...Obama continues to lambaste oil companies while congressional Democrats push for cap-and-trade. They're missing the point, big time. The public wants more energy and more fuel to cut high prices and spur economic growth. But the costly ...
'Tis the season for political promises. I guess. And this latest one from Hillary is a doozy: When the world hears her commitment at her inauguration about ending American dependence on foreign fuel, Clinton says, oil-pumping countries will lower prices to stifle America's incentive to develop alternative energy. "I predict to you, the oil-producing countries will drop the price of oil," Clinton said, speaking at the Manchester YWCA. "They will once again assume, once the cost pressure is off, Americans and our political process will recede." Clinton argued that former President Jimmy ...
NASCAR has changed its mind (!) about revealing the "suspicious substance" in Michael Waltrip's intake manifold that handed NASCAR its first controversy of the season and Michael Waltrip Racing its biggest embarrassment.NASCAR said last week that the additive was related to jet fuel and promised to be more specific at a news conference this weekend in California. ESPN reported today that NASCAR has now decided against revealing the substance, remaining consistent (!) with their driver substance abuse policy in which they never name the abused substance. Meanwhile ... Michael Waltrip and MWR's ...
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