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Winter may worsen energy costs (The News & Observer) After a summer of high energy costs, winter promises more of the same. The price of all major energy sources used to heat homes in this state is going up: electricity, natural gas, propane and heating oil. Oil spikes $25 a barrel on anxiety over US bailout (Wichita Falls Times Record News) NEW YORK (AP) _ Oil prices spiked more than $25 a barrel Monday ? the biggest one-day price jump ever ? as anxiety over the government's $700 billion bailout plan battered the dollar and touched off frenzied buying of safe-haven investments including crude. Waste board discusses resignation (The Steubenville Herald-Star) WINTERSVILLE - The man hired last month to be the community service coordinator for the Jefferson-Belmont Regional Solid Waste Authority has resigned. Oil falls toward $108 as traders mull bailout plan (Wichita Falls Times Record News) LONDON (AP) _ Oil prices fell to near $108 a barrel Tuesday in a choppy market driven by uncertainty about whether a $700 billion U.S. plan to buy bad mortgage debt will stabilize the financial system. Japan Stocks Jump on Treasury Bailout; Mitsubishi Gains on Oil (Bloomberg.com) Sept. 22 (Bloomberg) -- Japan stocks jumped, sending the Topix index to its biggest two-day gain since January, after the U.S. broadened the scope of a $700 billion rescue plan to buy bad debts, and surging oil prices boosted resource stocks. Fill-Up Early, evacuate early and stretch your fuel (North Channel Sentinel) With hurricane season here Hurricane Ike on the horizon,, Shell Oil Products US and Motiva Enterprises LLC are encouraging consumers to prepare for potential evacuations and do their part to maximize fuel supply. During a hurricane, temporary and sporadic supply interruptions may be unavoidable; however, Shell and Motiva have put many systems in place from their offshore rigs to their retail ... Stock futures lower ahead of hearing on bailout (Wichita Falls Times Record News) NEW YORK (AP) _ Financial markets appeared somewhat steadier early Tuesday, with Wall Street heading for a modestly lower open as top economic officials prepared to update Congress and investors about efforts to hammer out a $700 billion financial rescue plan. Gold prices, which shot higher Monday as investors went in search of hard assets, retreated, and demand for 3-month Treasury bills, ... Russian markets stabilize (Denver Post) A billionaire metals mogul has agreed to buy half of one of Russia's largest investment banks, even as Russia's stock markets rose slightly Monday following the worst mauling of the financial sector in a decade. Oil falls nearly $4 on demand worries, dollar gain (Wichita Falls Times Record News) NEW YORK (AP) _ Oil prices tumbled more than $3 a barrel Tuesday, falling to their lowest level in seven weeks as the perception that record prices are curtailing the world's thirst for energy sparked another dramatic sell-off. Winter may worsen energy costs (The News & Observer) The price of heat seems to be continuing an upward trend. |
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