Content Tagged As demand

3 years 3 months ago

No relief at the pump

Believe it or not, price per barrel of crude oil is about the same as it was in 2009 -- anywhere from $83 to $85 dollars says University of Colorado at Colorado Springs economist Fred Crowley -- but the price at the pump is $0.30 = $0.40 cents higher. ...

3 years 4 months ago

High temps drive up electrical use

It's shaping up to be the hottest week of the year and utility managers say we are are also using the most energy that we have in 2011. With temperatures in the high 90's and 100's a spokesman for Colorado Springs Utilities says their customers will use over 800 megawatts...

4 years 1 month ago

Global oil demand seen stronger than expected

The International Energy Agency says it has raised its forecast for global oil demand this year and next following new data showing stronger-than-expected economic growth, especially in rich developed economies. The Paris-based energy watchdog says global demand for crude will reach 86.9 million barrels a day this year, up...

4 years 9 months ago

Government demands Toyota recall documents

The Transportation Department is formally demanding documents related to Toyota's massive recalls in the United States to find out if the automaker conducted three of its recalls in a timely manner. The legal documents were delivered to Toyota on Tuesday and obtained by The Associated Press. The documents demand...

4 years 9 months ago

Trade deficit jumps sharply in December

The government says the trade deficit surged to a larger-than-expected $40.18 billion in December, the biggest imbalance in 12 months. The wider deficit reflected a rebounding economy that is pushing up demand for imports. The Commerce Department said the December deficit was 10.4 percent higher than the November imbalance....

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