Topic: Oil Prices
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World's five largest companies
For the first time in nearly a decade, the world’s five largest public companies are all American affair These are the Top 5, as of mid-April 2013.
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Hugo Chavez: Global reactions to the Venezuelan leader's death
While he was alive, Hugo Chávez – the longest ruling democratically elected leader in Latin America – inspired people who loved him as often as he inflamed those who didn’t. That polarization seemed to follow him in death.
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Cheapest way to heat your home? Four fuels compared.
Not all home heating fuels are created equal. Here's what it would cost to heat the average home in the Northeast with oil, natural gas, electricity, and propane, as forecast by the Energy Information Administration (EIA):
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6 factors that will determine concessions from Iran
Can war with Iran can be avoided? In recent talks with the West in Baghdad, Iran showed some greater flexibility about its nuclear program. But Iran has a history of trickery in the nuclear arena. Whether Tehran will cooperates with Western demands depends on the following six factors.
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Where gas prices are highest
Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
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Oil prices edge down toward $106 a barrel
Oil prices slip as investors eye slowing economic growth and risk of supply disruptions because of Iran impasse. An Australian bank forecasts oil prices will stay above $100 a barrel through 2012.
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US stocks, job growth rise. Strong recovery ahead?
US stocks are up while volatility is down. Employment is growing. This time, a strong recovery is a real possibility, says former Obama aide Summers.
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Stocks lower on worries about Chinese economy
The Dow slipped 78 points to close at 13046 amid signs that suggest the Chinese economy is weakening.
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Oil prices fall below $107 a barrel
Oil prices dip on concerns about China's growth. But oil prices are up from $75 a barrel in October.
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U.S. stocks mixed on a quiet day
U.S. stocks were mostly unchanged Wednesday, a calm day in the middle of a bumpy week. U.S stock on the Dow fell 45 points to close at 13124.
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Gold prices, commodities fall on China weakness
Gold prices drop more than $20 an ounce. Copper, oil, and soybean prices also decline as concerns mount about an economic slowdown in China. Gold prices close below $1,650 an ounce.
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Robert Reich Gas prices rising: Why GOP won't address real cause
Gas prices are rising not because of increased demand but because Wall Street is betting on higher gas prices.
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Is $3 a gallon a historical relic? What could bring gas prices back to earth.
A return to the $3-a-gallon gas prices of yore is possible, but it will require a number of factors. Among developments experts say could help: improved fuel-efficiency and a calmer Middle East.
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S&P closes above 1400, a four-year high
Stock indexes rise to four-year highs as more good economic news rolls in. Dow rises for seventh day in a row.
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Six reasons to keep America as No. 1 superpower
Many around the world say American decline would preserve global stability through a better balance of power. They’re wrong, says Steve Yetiv, a political science professor at Old Dominion University. It’s not that other countries or international institutions can’t play vital roles. They do. But they can't yet do what Washington does around the world, Yetiv says. Here he gives six examples.
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The Circle Bastiat The Pentagon is a gas guzzler
The Pentagon spent $17.3 billion on oil in 2011, a 26 percent increase from 2010. This despite the Pentagon's public efforts to "go green."
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Stefan Karlsson Gas prices: US and Britain's role reversal
Until recently, the United States was a big net importer of oil, while Britain was a small net exporter of oil. This meant that higher oil prices harmed the U.S. economy, but had a slightly positive effect on the U.K. economy. Now the two nations are switching roles.
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Oil prices buoyed by US jobs, Greek debt deal
Oil prices on NYMEX rose above $107 per barrel on optimism about the world economy. Oil prices in London gained 54 cents to close at nearly $126.
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Gas prices fact check: Six ideas in Congress, but can they work?
Soaring gas prices have also shown a consistent and significant ability to push members of Congress over the deep end. Here's the experts' take on 6 ideas floating through Congress.
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Inside the Keystone pipeline: How much would it really help US consumers?
Politicians paint a rosy picture of lower gas prices and abundant supply, but Canadian firms behind the Keystone pipeline expect it to supply Gulf Coast export markets and raise Midwest oil prices.
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High gas prices: what presidential candidates say they'll do about it
Gas prices jumped 30 cents a gallon in February, and Republicans are blaming President Obama for not having a policy fix. Here's what Mr. Obama and the GOP presidential aspirants are saying on the campaign trail lately about their remedy for high gas prices.
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Latin America Monitor Investors bet on Chavez: Big money in Venezuelan bonds?
Venezuelan bond prices soar as investors see a possible change in the way the country's finances are managed if Chavez isn't reelected, writes guest blogger Miguel Octavio.
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3 reasons not to attack Iran
As tensions over a defiant Iran and its nuclear program escalate, the debate in Washington over preemptive military strikes heats up, even as Israel warns the US it may attack Tehran's nuclear facilities. Edward Haley, professor of international strategic studies at Claremont McKenna College, gives three reasons not to attack Iran:
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Gas prices: How much will they hurt the economy? (+video)
Gas prices are slated to hit new highs within months. How might that affect the modest economic recovery? Here's a clue: Every 10-cent rise per gallon in gas prices costs the US economy $11 billion.
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$5 gas? Prices creep upward once again.
America could see $5 gas this year, as prices march toward $4 a gallon well before the annual summer spike. How much of the country could see $5 gas?
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World's cheapest gas: Top 10 countries
While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.
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US stocks shrug off higher gas prices to push Dow above 13,000
Better economic news from Europe helped lift US stocks past the symbolic plateau. The Dow last closed above 13,000 in May 2008, before the collapse of the housing market.
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Dow just misses 13000. Again.
The Dow lost 1 point to close at 12981 – 19 points shy of the 13000 mark. The index hit 13000 several times last week but so far hasn't been able to hold onto it.
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Stefan Karlsson Oil prices: Yes, Fed can be partly blamed for spike
The Federal Reserve isn't the only factor in recent rising oil prices, but it's at least partially responsible.
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Stock market woe: high oil prices
Stock market averages fall in Europe, Asia as high oil prices stoke worries that they could undercut economic recovery. Stock market in US set to open lower.
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