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Texas retail gasoline prices down 3 cents this week

Vintage gas pumps

COPPELL, Texas (AP) — Texas gasoline prices have slipped 3 cents per gallon this week. AAA Texas on Thursday reported the statewide average at the pump was $2.06 per gallon. Drivers across the U.S. are paying an average $2.22 per gallon, down 4 cents from a week ago. Amarillo has the cheapest gasoline in Texas this week at an average ...

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Power cut at 2 Puerto Rico cancer clinics amid unpaid bills

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s heavily indebted power company on Wednesday cut electricity at two cancer clinics because of unpaid bills. The Electric Power Authority said it previously sent several warnings to the two clinics located in Ponce, which is Puerto Rico’s second largest city and located along the island’s southern coast. Officials said they cut power ...

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Philadelphia airport workers vote to strike during DNC

airport strike

PHILADELPHIA (AP) — Workers at Philadelphia International Airport have voted overwhelmingly to walk off the job during the Democratic National Convention later this month. The union that’s trying to organize baggage handlers, wheelchair attendants and other workers says the 461-5 vote took place Tuesday night out of 500 on shift participating. About 1,000 employees work for subcontractors hired by airlines. ...

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Beware of scary Brexit headlines pushing you to buy gold

gold, Brexit

NEW YORK (AP) — If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in The New York Times recounting all the horrors in the present tense, as if they were still unfolding: The vote “topples” the British government, “crushes” the pound and “wipes away” billions in stock market wealth. Then came ...

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Despite warning, Murray Energy says no layoffs expected

LOUISVILLE, Ky. (AP) — Coal giant Murray Energy says it’s not expecting to lay off any of the 4,400 miners in six states who recently received notice that they could lose their jobs. A news release from the St. Clairsville, Ohio, company says “no layoffs are contemplated or expected at this time.” CEO Bob Murray told The Associated Press on ...

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Stocks end mixed as crude oil dives and safety stocks fall

NEW YORK (AP) — U.S. stocks swerved between gains and losses Thursday and wound up with a muddled finish as the price of oil plunged. Investors also sold utility and phone company stocks. They have favored those companies all year, especially in the wake of Britain’s vote to leave the European Union last month. Stocks started higher, building on gains ...

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Oil prices skid as traders worry there’s a fuel glut

fuel glut, oil prices

NEW YORK (AP) — Oil prices fell nearly 5 percent on Thursday after a government report on fuel stocks reinforced worries about an oil glut. The report said that crude inventories are declining at a slower pace than expected. Stockpiles of oil and gasoline remain high, even though people drive more during the summer. A country awash in fuel has ...

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Oklahoma oil, gas tax revenues up, but downturn continues

"Foggy Bottom Pump Jack" in Duncan, Oklahoma. (Image: duggar11 via Flickr)

OKLAHOMA CITY (AP) — Oklahoma reported modest increases in tax revenue from oil and gas production over the past two months, although those collections fell short of last year’s marks. The state is going through a continued economic downturn as gross tax receipts for June were $925.7 million, or 7.4 percent lower than the June 2015 total, Oklahoma State Treasurer ...

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AAA auto club says not all gasoline is the same

gasoline

Many motorists are clogging their car’s engine by not using gasoline with enough added detergents. That’s the conclusion of a study released Thursday by the AAA auto club. Federal rules in place since 1996 require all gasoline to have some engine-cleaning additives, but many major brands have extra detergents. AAA said tests it commissioned from an independent lab found that ...

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