Oil nears $60 as OPEC eyed output rise amid demand surge
Oil prices climbed to a new intraday high near $60 a barrel on talk of another OPEC output increase. July futures settled at $59.37 on the NYMEX as gasoline and jet fuel costs pressuring transport, while analysts warn prices may hold only briefly in the $55 to $60 zone.
MENTIONED IN THIS ARTICLE
New York
OPEC
Organization of Petroleum Exporting Countries
New York Mercantile Exchange
U.S
Boone Pickens
Commerce Department
Mike Fitzpatrick
Fimat USA
Andrew Lebow
Man Financial
London
Brent
International Petroleum Exchange
At&t NY
JDS
Allstate NY
Johnnn NY
AEP NY
Kroger NY
Ashland NY
Landrys NY
Atmel — Nasd
Lubrizol NY
Lyondell
BellSouth NY
McDnids NY
Bik2008
Merck NY
MN/ NY
Microsoft
PepsiCo NY
PerotSys NY
Pfizer NY
ConocPhils NY
ProctGam NY
CrownHold NY Ad
Qualcoms Nasd
Djia Diam Amex
ReliantEn NY
RoysDut
DuPont
Sas Ns
eBays
Nasd
EMC Cp NY
Souhaco NY
SwstAirs NY
Spor Amex
SunMicro Nasd
TXU Corp
TycoAnt NY
TimeWar
Tycoiut
Google
Unilev NY NY
UPS
Ussteel NY
Veritas Nash
VerizonCm
WalMart NY
Walgm NY
WellsFrgo NY
Ceangen
Wall Street
Texas Governor pushes sales tax plan amid school funding dispute
Governor Perry proposes a 6.95 percent sales tax to fund textbooks and technology, seeking House and Senate compromise as lawmakers face court-ordered reforms to the school funding system. Dewhurst notes concerns about tax rate and broadened tax base. Perry vetoed the $35.3 billion education budget, insisting schools will open in fall with funding.
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Perry
House
Senate
Tom Craddick
Texas
David Dewhurst
Dewhurst
Craddick
Travis County
Carole Keeton Strayhorn
Plant worker dies after chemical release at Bayer Baytown facility
John Barba, a plant employee, died after a Saturday early morning chemical release at Bayer Baytown. Immediate aid was given, LifeFlight transported him to Memorial Hermann Houston, autopsy pending. OSHA and Bayer-KBR safety investigations underway. plant shut and barred until approval. Barba’s family also works at the plant.
MENTIONED IN THIS ARTICLE
John Rocco
Bayer
KBR
Barba
Memorial Hermann Hospital
Houston
Rocco
Harris County Medical Examiner
Laughlin
KBR Safety Management
Federal Occupational Safety and Health Administration
OHSA
Diana Peterson
Bayer Baytown
OSHA
Cathy Mann
Jennifer Dellinger
Drier Backs Organic Choice Amid Health Focus
Drier buys organic drinks avoiding chemicals and growth hormones, viewing it as an investment in health. She reads labels, avoids unpronounceable ingredients, and limits junk food. Her son Brooks fights a residual tumor with periodic treatments, doctors say cancer cells are dead. They live in Wallisville with husband and three children.
MENTIONED IN THIS ARTICLE
Drier
Brooks
Wallisville
Market in Review Summary Unclear Trade Note
The provided text is garbled and does not convey a coherent market summary. It lacks identifiable persons, organizations, places, dates, or concrete figures to construct a factual headline and summary.
Stocks edge lower as oil hits record near $60
U S stocks slipped modestly as oil prices neared $60 a barrel fueling concern over consumer spending and growth. The Dow fell 13.96 to 10609.11 while the S P 500 and Nasdaq declined slightly as energy costs and a cooler leading index signal potential slower growth.
MENTIONED IN THIS ARTICLE
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Amex
S&p
Russell
Wilshire
UN Ye
American Funds A
Incoa P
Icaa P
American Funds
WshAp Invest
Contra
NL A LC
Joe Magelin Janus
Mercury
Nova LC
OTC XG
IL -Ihneree Lan Gore
Lipper, Inc
Dow
Standard & Poor
Treasury
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the Market IN Review
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Earth G
Spire
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Aristotle
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CGI Hidg N
Regen
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Walterind
WitaFd
Neurochg
Herbalife
Australia
Ipsco G
Tag-lt
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Nephros
Conseco
MercuryAs
NewMarket
ParTch
IMI
Weider
Elec
Innovo
AK Steel
BioDiary
Lucent
Oracle
GenElec
iSh
Japan
Cisco
ExxonMb
Siruss
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Wyndham
NortelNet
Djia Diam
Dow Jones
Joseph Battipaglia
Ryan Beck & Co
Conference Board
New York Stock Exchange
Europe
Britain
France
Germany
Jennifer Marcontell
Edward Jones Servin
CMO li
Emles
Stephen V. Takach
N. Alexander
Edwardjones.com
SIPC
Edward Jones
Emmy
Community Resource
Crcu.org
Ween
Baytown Sun
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