In his post-oil world, a Texan never buys gas for his all-electric Nissan Leaf – and still gets a thrill out of putting the pedal to the metal.
Rick Perry is under fire for the racial slur that was the name of his family’s hunting camp. Meanwhile, all the GOP presidential candidates are being asked why they didn't stop the booing when a gay soldier raised "don't ask, don't tell" at their recent debate.
Oil stocks are back up Tuesday, amid confusion about the situation in Tripoli. After falling yesterday, oil stocks rose today in Europe, and prices for benchmark oil for October delivery were up to nearly $86 in Paris in the afternoon.
James Richard Perry wants to hang his cowboy hat in the White House. The Texas governor announced Saturday at a campaign stop in South Carolina that he was running for president. He was also traveling later in the day to New Hampshire, and planned a trip to Iowa on Sunday. Governor Perry is a shrewd politician who oozes Texas swagger. His rock-solid record is buttressed by his state’s impressive jobs record. But is America ready for another cowboy president?
Oil prices rose after the Fed's announcement on Tuesday that it would hold interest rates low for the next two years. Still, oil prices are down about $18 a barrel since July 22.
Crude oil prices drop sharply amid rising worries about global economy. West Texas Intermediate crude oil falls to $84.93.
Oil futures slipped 3 cents to $97.38 a barrel for West Texas Intermediate crude. In London, Brent oil futures fell 5 cents to $117.38.
Oil futures swayed by better outlook for US economy and Greek aid deal. It's the first time since early June that oil futures have breached the $100 level.
Oil stocks in the US saw a big drop. But traders, focused on the stalling economy and rising dollar, ignored the oil stocks report and sent oil prices to their lowest level since February.