Oil prices slide as OPEC holds pumping pace
Cheaper oil reshapes the economy with prices near a seven year low at $37.65 a barrel. Cheaper fuel boosts airlines and consumers while producers cut jobs and face tighter profits amid global demand weakness and high supply.
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Zumwalt USS starts sea trials from Bath Iron Works
The 600 foot 15 000 ton Zumwalt, largest destroyer built for the U S Navy, left Bath Maine for sea trials passing Fort Popham as 200 watchers cheered. Navy Capt James Kirk said the test aims to validate performance ahead of delivery next year and cost exceeds 4 4 billion with advanced electric propulsion radar and stealth design.
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Navy Aims New Tumblehome Hull Destroyers Despite Risks
Critics say the tumblehome hull used on the new destroyers lowers stability compared to conventional designs, but supports stealth. Eric Wertheim notes integrating electric drive and many new systems adds risk, while the Navy trims a 32 ship program to three ships, turning the class into a technology demonstration.
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