With the price of energy soaring – oil passed $100 per barrel on Tuesday – long-haul truckers are hurting, but hybrid manufacturers are smiling. Californians feel the pinch at the pump while Midwesterners, closer to large fuel inventories, wonder what all the fuss is about. With gasoline now at $3.37 per gallon – 20 cents higher than last week, and rising daily – who is profiting from higher prices and who is not?
Unfounded rumors, such as one that a besieged Qaddafi plans to destroy Libya's oil wells, drove oil prices above $100 a barrel Wednesday before closing at $98.10. It all means higher gasoline prices for consumers.
French President Nicolas Sarkozy and First Lady Carla Bruni-Sarkozy arrive at Fort-de-France airport in Martinique on Jan. 7 to deliver the New Year's address to French overseas territories.
Americans in 33 states from Oklahoma to Massachusetts are now dealing with a highly dangerous winter storm that will dump a combination of snow and ice on roads, houses and power lines. A significant amount of the precipitation is expected to be ice either in the form of freezing rain – rain that freezes on contact with the ground – or ice pellets, such as sleet. Experts say these are five things you can do to cope with the storm:
Blizzards like the storm that grounded most of British Airways' fleet are increasingly likely, say climate researchers. How will smart planners lessen the economic damage?
Traffic police officers dressed in Christmas outfits ride their motorcycles to a Christmas celebration organized by the police institution for underprivileged children in Lima, Peru, on Thursday.
London's Heathrow Airport, one of the world's busiest, is getting back on its feet after winter storms led to massive delays and left more than 100,000 travelers stranded. Even though flights are resuming, the backlog means that it will be at least another day before the flight schedule returns to normal. Finger-pointing for the delays abound and the chief executive of BAA, the company that operates Heathrow, said he will not take his annual bonus due to the mess. Is he to blame? What else could be the cause?
Astrid, a two week-old Red Lechwe calf, walks with her keeper at Chester Zoo in Chester, northern England on Dec. 21. The calf is being hand-reared by keepers at the zoo after being abandoned by its mother, and will be spending Christmas at a keepers house.
Much of Western Europe has come to a halt as governments, airports like Heathrow, and train operators like Eurostar appeared unprepared for fast-moving winter storms.
British Airways flights were canceled and delayed today due to snow and ice, with forecasters predicting bad weather through Wednesday. Travelers' frustrations mounted at airports over poor snow removal.