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BusinessWeek
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Despite huge oil and gas reserves, Venezuela lurches into a power crisis caused by years of infrastructure neglect
Angela Marquez should be pleased, considering the long line of customers at her paint store in the central Venezuelan city of La Victoria..
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MSNBC
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With two of the three presidential candidates proposing a gasoline tax “holiday,” some readers are wondering: Why can’t the government do more to cut gas prices?
If the feds can help with cutting interest rates why can't they do something that re..
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BusinessWeek
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But Washington, Wall Street, and ethanol and oil and gas companies want you to think there is, says automotive expert Ed Wallace
"They see speculation in the market, I see decline in global inventories. I don't think this is a big surprise, that we've..
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CNN
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With gas prices near record highs, experts say $4-a-gallon gasoline is just around the corner.
"I think it's going to happen," said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. "Unless things change dramatically, I think we're goin..
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Forbes
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For nearly a month now, President Bush has been touting his new energy proposals, calling for a reduction in dependence on foreign oil, an expansion of domestic drilling for oil and natural gas, and a doubling of the Strategic Petroleum Reserve. All of wh..
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MSNBC
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If there's pain at the pump in the U.S., Mexico may just have a remedy. A gallon of regular unleaded gasoline in San Diego retails for an average price of $4.61 a gallon. A few miles south, in Tijuana, it's about $2.54 — even less if you pay in pesos...
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MSNBC
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I don't think there's a particular downside to conservation, but that doesn't mean that if we cut back on our gas consumption, that the price of crude oil worldwide is going to drop," he said.
The idea of slowing down to save fuel isn't new. President..
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MSNBC
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Oil's rise has been driven by investors snapping up crude futures as a hedge against a falling dollar and inflation. But while gas prices have tried to keep pace, demand for gasoline has fallen, limiting refiners' pricing power.
Top executives of the f..
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MSNBC
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U.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month, worsening the pain of consumers struggling to make ends meet in an economic downturn.
Gasoline prices..
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MSNBC
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A potential class-action lawsuit claiming U.S. oil companies have knowingly overcharged customers when gas station fuel temperatures rise passed its first hurdle Thursday.
U.S. District Judge Kathryn Vratil rejected a motion from the oil companies to d..
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BBC News
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Russian natural gas monopoly Gazprom has reported a slight fall in nine-month profits, because of a dip in prices and demand.
For the nine months to 30 September 2007, Gazprom made a pre-tax profit of 611bn roubles ($25bn; �13bn), down from 623bn rou..
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MSNBC
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For those drivers who pull away from the pump with their gas tank cap on the trunk lid, Ford Motor Co. has begun to make good on a 2006 promise to get rid of the caps on its entire model lineup.
Jettisoning the pesky caps will become most apparent in t..
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CNN
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Touring a drilling site on a dusty mountain plateau above Rifle, Colo., Harold Vinegar stops, grins and then announces out of the blue, "I love that smell!"
No, the Royal Dutch Shell chief scientist is not referring to the crisp fragrance of the high d..
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BBC News
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Ukraine has settled a commercial dispute with Russian gas firm Gazprom, averting the risk of having its most important supply of energy cut off.
The Russian firm had threatened to stop supplying its neighbour unless a $1.3bn (�650m) bill was paid thi..
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BusinessWeek
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Sleepy industrial sectors like gas and suppliers have given the market big gains this year—and may still ballast a volatile market
Razzle-dazzle and glamour are out. Dullness and dependability are in. That's what the stock market has been telling inv..
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USA Today
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A Senate bill to cut U.S. greenhouse gas emissions would raise energy prices and also reduce American economic output by more than half a trillion dollars over two decades, according to a government report released Monday.
Congress is expected to con..
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USA Today
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Americans are defying high gas prices and jumping into gas guzzling recreational vehicles for their summer vacations.
Two of the largest owners and managers of RV campgrounds in the USA said their lots are booked this July 4th vacation week and much of..
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Washington Post
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Dominion Resources, a Virginia energy producer, said yesterday that it was selling natural gas and oil reserves in Oklahoma, Kansas and Texas, a deal that would take the company almost completely out of the exploration and production business.
Dominion..
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CNN
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Brazil aims to build seven new oil refineries and quintuple its natural gas output over the next two decades, the head of the government's energy studies agency said on Tuesday.
"It's the first time Brazil has done an integrated planning study for ener..
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MSNBC
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Smith said that the company's long-term internal forecast shows gas at about $2.50 a gallon, a range that he said would not inspire “a seismic shift in consumption habits.”
All the subcompact vehicles on the U.S. market already offer decent fuel ec..
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