Word: fuel
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...passenger cars outsold trucks, sport-utility vehicles and minivans for the first time since 2000, according to George Pipas, sales analyst for Ford Motor Co., as consumers reacted to last year's spike in gasoline prices. Truck sales made a modest comeback during the fourth quarter, in part because fuel prices had dropped and truck buyers (a group that includes many small-business owners) had better access to credit than buyers of more fuel-efficient passenger vehicles, automakers...
...from the 2001 recession due to tax cuts and shrewd economic policy, the administration has made consequential efforts to shore up America’s economy in this latest financial crisis. As the largest buyers of sub prime mortgages from 2004 to 2007, Fannie Mae and Freddie Mac helped fuel the housing bubble and exacerbate the burst. The Bush Administration tried no fewer than 18 times, publicly and on the record, to push Congress to agree to reform these Government Sponsored Entities. And while Defense and Homeland Security spending has increased to face the perils of a post...
...economy would not withstand the collapse of the auto industry, but perhaps carmakers should look to their friends in the oil industry for assistance. ExxonMobil and others reported record profits - with our money - supplying fuel for all the gas-guzzlers Detroit built. Why should U.S. citizens pay again? William Stamm, Rosendale...
...Israel will need to move carefully. Air strikes that kill large numbers of Palestinian civilians are only likely to fuel support for Hamas and ramp up international pressure to end the operation quickly. (See pictures of Gaza border tension...
...just $91 a month. Civil servants last year joined in food riots because their salaries were no longer enough to buy a bag of rice. In early November police and soldiers shot dead at least four demonstrators in Conakry when hundreds of youths burned barricades in protest at high fuel prices. A Human Rights Watch report quoted a witness in Conakry describing police and soldiers "targeting youths and chasing them into private residences, firing indiscriminately...