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April 2008
- Stocks Fall as Oil Prices Surge
  
  Wall Street Journal | Apr 9, 08 3:45 PM CDT
  
  (Newser) - Stocks fell today on bad news on earnings and record prices for crude oil. American Express, General Motors, and UPS all took hits. "The negative UPS news could shake confidence in the broader transport stocks," an analyst tells the Wall Street Journal . The Dow ended down 49.18 to 12527.26, the Nasdaq 26.64 to 2322.12, and the S&P 11.05 to 1354.49. More »
- Pickup Sales Plummet to 10-Year Low
  
  BusinessWeek | Apr 9, 08 7:35 AM CDT
  
  (Newser) - US pickup truck sales tumbled in March, hitting their lowest level in nearly a decade. The Big Three all reported double-digit percentage drops in sales this month—the Dodge Ram was down 26%—and large pickups represented barely more than 10% of the auto market. High gas prices added fuel to the freefall, but the housing crisis—and an attendant drop in carting construction loads—may have had the most impact. More »
- Oil Expected to Stay Above $100 This Year
  
  Wall Street Journal | Apr 9, 08 6:43 AM CDT
  
  (Newser) - A barrel of crude could end up averaging more than $100 this year, federal handicappers are predicting, just weeks after the triple-digit mark seemed like a troublesome anomaly. OPEC’s parsimony with its reserves, spiking demand worldwide and a dwindling supply outside the Middle East are conspiring to squeeze rates—and last month’s record close of $110.33 might not be the worst of it. More »
- Dubai Is the New Mecca for Theme Parks
  
  Los Angeles Times | Apr 3, 08 3:56 PM CDT
  
  (Newser) - The big US amusement companies—Six Flags, Universal, SeaWorld, Warner Bros., MGM—have all seen the future, and it's in Dubai. That's where the world's largest playland—a sprawling $64-billion collection of theme parks, golf courses, museums and hotels—is going up, but it's only the most dramatic of projects in the works all over the Middle and Far East, the Los Angeles Times reports. More »
- Gas-Guzzlers Will Cost Londoners $50 a Day
  
  Los Angeles Times | Apr 3, 08 11:39 AM CDT
  
  (Newser) - In a move to make drivers of gas-guzzlers “pay for the environmental damage they cause,” London’s mayor is imposing a CO2 charge: beginning in October, every private vehicle driven in the central city that doesn’t meet tough emissions standards will cost its owners $50 a day, the Los Angeles Times reports. The new charge comes on top of the existing $16 congestion charge. More »
- Trucker Strike Fizzles for Now
  
  CNN | Apr 1, 08 2:11 PM CDT
  
  (Newser) - Most trucks kept rolling today, despite plans for a strike protesting spiking diesel prices. Independent truck-drivers had discussed staying off the roads, reports CNNMoney, but only sporadic shutdowns have been reported. "We've heard from a lot of members who have no intention of participating," says a spokeswoman for the Owner-Operators Independent Drivers Association. More »
March 2008
- China Runs Low on Gas
  
  Associated Press | Mar 24, 08 2:08 PM CDT
  
  (Newser) - China may be running on less-than-full tank again as gasoline and diesel shortages spread to Shanghai and Beijing, the AP reports. Long lines are a common sight outside filling stations, which have been plagued by erratic shipments. “We have no diesel available at all,” said one gas station worker. “Once it comes, it will soon run out.” More »
- Rising Cost of Essentials Slams Poor Families
  
  Washington Post | Mar 21, 08 1:35 PM CDT