Gas prices surge to near $64 a barrel on demand fears
Oil prices reach a fresh high around 64 dollars as demand remains strong and supplies tighten. Saudi security concerns US refinery snags and rising gasoline use drive the rally with the national price at about 2.34 per gallon amid 9.1 million barrels daily consumption through July. Bikers without helmets cruise Daytona Beach Main Street.
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Washington, D.C
Saudi Arabia
United States
Wall
N.J
Fatalities climb after helmet law repeal
Studies show Florida motorcycle deaths surged after repeal of mandatory helmet rules. In three years post repeal, 933 riders were killed, up 81 percent from 1997 to 1999. Youth helmet use remained required for under 21, with fatalities rising. hospital costs more than doubled to 44 million dollars in 30 months.
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Washington, D.C
Florida
National Highway Traffic Safety Administration
Bill interest rates hit high during auction
The Treasury auctioned 18 billion dollars in three month bills at a 3.460 percent discount rate and 16 billion in six month bills at 3.680 percent. Rates climbed to multi year highs not seen since 2001.
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Washington, D.C
Treasury
Treasury Department
Clouds delay Discovery's homeward return
NASA postponed Discovery's landing after low clouds blocked a Tuesday touchdown option at Kennedy Space Center. Flight director LeRoy Cain said the crew would attempt landings somewhere on Tuesday, with Edwards Air Force Base or White Sands as backup choices.
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Shuttle Discovery
Earth
NASA
Florida
California
New Mexico
LeRoy Cain
Kennedy Space Center
Columbia
Edwards Air Force Base
Mojave Desert
White Sands Missile Range
Edwards
White Sands
Michael Griffin
Discovery
Space Agency
Bush signs long awaited energy bill at Sandia Labs
President Bush signed a major national energy law after years of delay. The 1,724 page bill offers tax subsidies to energy companies but is not expected to lower oil prices quickly which topped 63 dollars a barrel. Critics call it a gift to energy firms while supporters say it shifts focus to cleaner and alternative energy.
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Albuquerque
N.M
Bush
Sandia National Laboratories
America
Morning after pill decision looms for OTC sales
Federal health officials may allow nonprescription access to Plan B by month's end with an age limit likely for under 16. States are expanding access while others seek restrictions. Retailers face questions on placement, age checks, or behind the counter handling as chains weigh policy and feasibility.
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Washington, D.C
Food and Drug Administration
FDA
Walgreen’s
Alaska
California
Hawaii
Maine
New Hampshire
New Mexico
Washington
Massachusetts
Mary Ann Wagner
The
National Association of Chain Drug Stores
Koizumi Dissolves Legislature After Postal Reform Defeat
Tokyo AP Koizumi dissolves the lower house and sets a Sept 11 election after his Liberal Democratic Party loses support on postal privatization plans. He vows the party will not back opponents and calls the ballot a referendum on reform.
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Tokyo
Junichiro Koizumi
Post Office
Koizumi
Japan Post
Liberal Democratic Party
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