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Tag: low prices
Low oil prices are pumping up U.S. economy
2015-01-19 01:30:22| Railroads - Topix.net
Lower prices put cash in consumers' hands. 'It's like getting a tax break of almost $2,000,' says CSX Corp.s' Clarence Gooden.
5 reasons why low oil prices are good for the environment
2015-01-18 19:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Eco-Business: Low oil prices are to be cheered: may they stay low for a long time and decrease even further. Here are five reasons why they are great for our health and that of the planet. 1. The end of fossil fuel subsidies Our binge on fossil fuels is partly driven by gigantic subsidies. Low oil prices allow these to be tackled without a material impact on consumer (read voter) pockets. According to the IMF, we subsidise fossil fuels by 1.3tn each year, with US subsidies alone amounting to 333 bn. Leadership...
Low oil prices will not affect U.S. environmental rules: EPA chief
2015-01-16 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Current low oil prices are a short-term blip and will not affect how the U.S. crafts new environmental regulations, including forthcoming standards for heavy duty vehicles, the Environmental Protection Agency (EPA) chief said Friday. EPA Administrator Gina McCarthy said the agency's next move to tackle greenhouse gas emissions will come this spring when it unveils new fuel efficiency standards for commercial vehicles - the second biggest source of domestic transportation emissions. Although...
Oil Prices Hit Six-Year Low as Wall Street Tumbles Again
2015-01-14 06:52:59| Industrial Machines - Topix.net
A soldier was found dead in his yard Tuesday morning at Fort Hood.The soldier had recently returned from work with the U.S. military mission in Liberia on ... -- Interpol issued Red Notices -- international wanted persons alerts -- on former Ukrainian President Victor Yanukovych and Prime Minister Mykola Azarov on Mon... OMAHA, Neb., Jan. 12, 2015 /PRNewswire/ -- Valmont Industries, Inc. , a leading global provider of engineered products and services for infrastructure and mechanize... KANSAS CITY, MO - The Kansas City Royals announced today that manager Ned Yost has agreed to a one-year extension, which runs through the 2016 season.
Low oil prices unlikely to hurt railroads much
2015-01-02 18:59:48| Railroads - Topix.net
The stunning collapse in oil prices over the past several months won't derail the railroads' profit engine even if it does slow the tremendous growth in crude shipments seen in recent years. Carloads of crude oil spiked well over 4000 percent between 2008 and last year - from 9,500 carloads to 435,560 - as production boomed and the cost for a barrel of oil soared into the triple digits.
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