Category Archives: NAA News

Oil prices rises after China growth ticks higher

Oil prices rose Wednesday after China reported a slight improvement in economic growth for the second quarter that allayed fears its slowdown was continuing. By early afternoon in Europe, benchmark U.S. crude for August delivery was up 87 cents at $100.83 a barrel in electronic trading on the New York Mercantile Exchange. On Tuesday, the Nymex contract fell 95 cents to $99.96.  Read more...
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Hope fades in Congress for drama-free funding of U.S. agencies

WASHINGTON (Reuters) - This year was supposed to be different for Congress. U.S. lawmakers expected that a promising budget deal reached after a government shutdown last year would herald a new normal for passing annual spending bills, moving Congress away from the crisis-driven approach and resulting economic jitters of recent years.   Read more...
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Coming Soon: a MAJOR HIKE IN GAS PRICES

Eight years ago, Gov. Arnold Schwarzenegger signed AB 32 — the state’s landmark law to combat climate change by forcing a gradual shift to cleaner but costlier energy. At the time, the governor and legislative leaders were forthcoming about the law’s downside.  Read more...
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