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Oil falls below $94 on weak outlook for demand

The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 40 cents to $93.85 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 3 cents to close ...

This undated file photo provided by French nuclear manufacturer Areva shows workers at the uranium mine of Arlit, northern Niger. Attackers in Niger detonated two car bombs at dawn on Thursday, May 23, 2013, one in the city of Agadez where a military barracks was targeted and one in Arlit where a French company operates a uranium mine, injuring more than a dozen people. Paris-based nuclear giant Areva said in a statement that 13 employees were hurt in the attack in Arlit, in the northern part of Niger where in 2010, al-Qaida's branch in Africa kidnapped five French citizens working for the mining company.(AP Photo/AREVA/HO) NO SALES - MANDATORY CREDIT: AREVA

Extremists claim responsibility for Niger attacks

Suicide bombers in Niger detonated two car bombs simultaneously, one inside a military camp in the city of Agadez and another in the remote town of Arlit at a French-operated uranium mine, killing 26 people and injuring 30, according to officials in Niger and France. A surviving attacker took a ...

Lab owner convicted of faking wastewater tests

The owner of an environmental laboratory in Mississippi has been convicted on federal charges of falsifying records on industrial wastewater samples that she was hired to test. Tennie White was the sole operator of Mississippi Environmental Analytical Laboratories Inc. She was convicted Wednesday in U.S. District Court in Jackson on ...

Oil leasing dispute heads to federal court

A dispute over greenhouse gases from oil and gas drilling will head to federal court in Montana as attorneys for the government and the industry face off against environmentalists who say too little is being done to reduce emissions that contribute to climate change. The legal quarrel was scheduled to ...

Oil tracks gains in stocks, erases early losses

An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised ...

Oil down to near $93 on Chinese recovery concerns

The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...

VTC offers free class on hybrid, electric car work

Vermont Technical College is holding a free workshop on how to maintain hybrid and electric drive vehicles. The workshop will be held Thursday and Friday at the school's Randolph campus. The Valley News reports that class is open to auto technicians, service personnel and others involved in maintaining such vehicles. ...

Rain falls on a car at a Ford dealership in Sydney on Thursday, May 23, 2013. Ford Motor Co. said it was closing its two Australian auto plants and ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. (AP Photo/Rick Rycroft)

Ford to end auto production in Australia in 2016

Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the ...

INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY

c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...

INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY

c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...

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