Fear premium pushes gasoline above two dollars a gallon
Washington reports a rising fear premium across oil markets as terrorist threats and recent attacks in Saudi Arabia raise expectations of supply disruptions. Analysts cite higher crude costs, tight supplies, and speculative pressure that lift gasoline averaged over two dollars nationwide.
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USDA expands mad cow testing program nationwide
The Agriculture Department launched expanded mad cow testing aiming to screen about 220000 cattle over 12 to 18 months. Initial day capacity met despite under equipped regional labs as 12 state labs process brain and nervous tissue with rapid tests to flag potential BSE cases and route confirmatory samples to Ames Iowa.
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Moore's Fahrenheit 9/11 lands U S distributor June 25
Michael Moore's Cannes Palme d Or winner Fahrenheit 9/11 secures a U S release through Lions Gate IFC and the Fellowship Adventure Group formed by Harvey and Bob Weinstein. The Weinstein duo finance and control distribution after buying rights from Disney.
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