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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 24, 2004
Page
4
The Southern Illinoisan invites reader letters up to 250 words addressing current issues. Letters must be signed with name and hometown and include a telephone number for verification. phone numbers are not published. The section outlines submission methods, contact numbers, and editorial guidelines.
Washington reports higher energy costs risk recession with $2 per gallon targets and oil near 40 dollars a barrel. Analysts note Saudi output, Middle East tensions, and inflation expectations shaping wages while consumer spending slows and prices rise across airlines, trucking, and industry.
U S energy chief says Saudi Arabia will boost output by up to 2 million barrels daily if needed, lifting to 9.1 million in June and aiming toward 10.5 million capacity. Spencer Abraham noted the commitment could reassure markets amid $40 plus oil and rising demand, with full reach variably weeks away.
National fire managers now predict an worse 2004 season with March and April warmth, drought years, and potential loss of heavy air tankers. Regions at risk include the Pacific Northwest, Northern Rockies, and Southwest. Washington reports 70 small fires, dry forests, and record-early snowpack loss in the Cascades.
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