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Economy Excursion Ford Fuel

Postal Service blames losses on economy (BizJournals)
The weak economy and high fuel prices led to more than $1 billion in losses for the U.S. Postal Service in its most recent quarter.

Indian and Chinese firms interested in Imperial Energy (International Herald Tribune)
ONGC Videsh of India said Tuesday that it was finalizing a �1.4 billion bid for the Russia-focused oil explorer to secure energy to fuel India's booming economy.

Indian company to pay $2.6B for Britain's Imperial (AP via Yahoo! News)
India's state-run Oil & Natural Gas Corp. has agreed to buy Britain's Imperial Energy PLC for $2.6 billion in a cash deal that will help ONGC meet surging fuel demand from its burgeoning domestic economy.

Shell?s fuel economy proven once again (The Borneo Post)
KUALA LUMPUR: A total of 10 cars recently embarked on a journey from Kuala Lumpur to Johor Bahru with a full tank of the latest Shell Super with Fuel Economy Formula.

Airlines cut flights because of fuel costs (New York Daily News)
It's going to be harder to fly from here to there starting next month. Citing rising fuel costs and a slumping economy, nonstop flights between New York City and 25 other cities - including upstate Binghamton and Tucson - will disappear.

Fuelwatch Maximizes Fuel Economy for Volvo Customers (TruckingInfo.com)
8/22/2008 Volvo Trucks North America unveiled its Fuelwatch initiative to help fleet managers and truck operators achieve maximum fuel economy.

Indian Oil Producer Bids for British Rival (New York Times)
ONGC, India?s largest oil producer, has agreed to a $2.6 billion takeover of the Imperial Energy Corporation, as it works to secure energy to fuel India?s expanding economy.

Air New Zealand Second-Half Profit Dives 76% on Fuel (Update1) (Bloomberg.com)
Aug. 26 (Bloomberg) -- Air New Zealand Ltd ., the nation's biggest airline, posted a 76 percent slump in second-half profit as fuel costs surged to a record and rising airfares curbed international travel.

Dems want Obama to focus on economy (Denver Post via Yahoo! News)
In Florida, it's the high cost of insurance. In Virginia, it's soaring fuel and fertilizer prices for farmers. In California, it's a swooning real estate market. In Georgia, it's an unfair educational system. In Michigan, it's job losses and free-trade deals.

Entrepreneurs adjust to fading consumer confidence, fuel costs (BizJournals)
Even for those who are still seeing their businesses grow, fuel costs, a slumping economy and a drop in consumer spending are nothing to ignore.

 
 
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