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Odessa American in Odessa, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 31, 2008

Page

2

Spending, prices keep pace on New York markets

Wall Street closed a winning week with a mixed session as government data show April personal spending up 0.2 percent and personal income also up 0.2 percent. Core inflation rose 0.1 percent, in line with expectations, while Dell and Marvell lifted tech. Dow fell 7.90 to 12,638.32. S&P 500 up 2.12 to 1,400.38. Nasdaq up 14.34 to 2,1522.06. GDP for Q1 was near 1 percent growth. oil near record highs weighs on consumer costs.

New York Wall Street Commerce Department Dell Inc Marvell Technology Group Ltd Wall Street U.S Standard & Poor

Direct hurricane hit could push oil to 150 dollars a barrel

Meteorologists warn of a busy hurricane season and say a direct hit on Gulf oil and gas infrastructure could push crude above 150 a barrel. Analysts note Gulf disruption risks include damaged platforms, halted refineries, and stalled tanker traffic, with storms often delaying repairs and spiking gasoline prices.

New York Gulf of Mexico Gulf Brad Samples Suromit Energy Services Inc Louisville Gulf Coast Jim Ritterbusch Ritterbusch and Associates Half Moon Bay Calif

Gas prices near 4 dollars as oil fluctuates

Retail gas prices rose to a national average of 3.962 a gallon according to AAA and OPIS, with diesel at 4.792 a gallon. Investors watched oil futures, after a period of declines, as gas demand data showed rising costs impact consumer buys and food prices.

New York AAA Oil Price Information Service Geoff Sundstrom Columbia

Also Mentioned on This Page

THE Associated Press Ots William Aes Purdue Univer Liam Witlare Gi Reilly Gert Todard Sita@t Odessa 4Th Street Energy Department Federal ‘Highway Administration Leslie’s A. Hayward B. Hayward AG D.E C. Hayward AG D. Hayward AG NGS Sunscape Belize Beachland Oval Wert Mers Leslies Lesfiespool.com Minkmurh Wells Fargo Financial National Bank Aslle’s Poolmat, Inc MET Eee Ait
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