Glut of oil could push gasoline prices back down below $2 a gallon
| Energy experts say oil supply is outstripping demand. Eventually suppliers will tire of paying to store all of the surplus oil and flood the market, they predict.
A year after oil hit a record closing price, the commodity's price is way down -- and may fall significantly further as supply continues to dwarf demand. 07/04/2009 04:20 (LaTimes business) Continue to read news >> |
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Google Appears To Drop Censorship In Chi... Web sites dealing with subjects such as the Tiananmen Square protests could all be accessed through Google's Chinese search engine Tuesday in defiance of Beijing's censor |
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Frequent Flier: Mr. Superorganized Flier... A business traveler with an impeccable record of efficiency comes clean with an astonishing (but rare) incident of absent-mindedness. |
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'made In America' Rules Are Confusing An "American" car sold in Chicago may have rolled off an assembly line in Tennessee with parts made from a dozen different countries. Who decides what's "Made in the USA" |
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Stocks Open Slightly Higher Ahead Of Fed... NEW YORK -- Stocks inched higher Tuesday before the Federal Reserve concludes a meeting where it is expected to keep a key interest rate at historic lows. |
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Fdic Seizes New York's Park Avenue Bank ... The CEO of Park Avenue is arrested and charged with embezzlement, bribery and fraud, partly related to the TARP program. LibertyPointe had failed under the weight of bad |
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Housing Construction Drops 5.9% In Febru... WASHINGTON -- Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing build |
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Google Appears To Drop Censorship In Chi... Web sites dealing with subjects such as the Tiananmen Square protests could all be accessed through Google's Chinese search engine Tuesday in defiance of Beijing's censor |
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24% In State Lack Health Insurance The jump in 2009 stems largely from the loss of job-sponsored coverage, a UCLA study finds. Nearly 1 in 4 Californians under age 65 had no health insurance last ye |
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On The Road: Travelers Put Safety First ... Richard M. Owens found out what he would do in a real airplane emergency on a harrowing approach into Miami about five years ago. |
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Dealbook Column: At Lehman, Watchdogs Sa... It appears that the federal government didn’t appreciate the significance of what it saw as it monitored the books and records of Lehman Brothers, or that official |
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Advertising: Rebellion Against The Usual... A campaign for U by Kotex skewers the indirect approach taken in ads for products like tampons and pads while pushing for more frank discussion. |
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C-span Puts Its Full Archives On The Web Researchers, political satirists and partisan mudslingers, take note: C-Span has uploaded virtually every minute of its video archives to the Internet. |
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Gasoline Prices Rise Slightly At Pump The average cost of a gallon of regular increases 1.5 cents to $3.061 in California and 3.7 cents to $2.788 nationwide, Energy Department says. Gasoline prices at |
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