May 2012
31st May 2012
Oil Prices Drop! Below $88!
The price of oil dropped below $88 a barrel Wednesday May 30, 2012, hitting a seven-month low, as fiscal worries in Europe sparked a broad sell-off across markets.
In New York, oil prices finished at $87.49 a barrel, down $2.94, or 3.2%, from Tuesday. It was the lowest closing price for crude since Oct. 21. Read more »
4th May 2012
Airport Depends on Marcellus Shale
The Marcellus Shale industry is adding jobs all across Pennsylvania. It's workers are also stimulating the local economy, specifically for businesses.
Alan McPherson, the manager at the St.Mary's Municipal Airport, made a formal statement that they rely on the industry.
"Marcellus Shale, there is a lot of that going on. They are just moving into this area so we support them and their efforts, which in turn supports the whole community," said McPherson.
McPherson said that industry companies regularly purchase fuel from the airport. Read more »
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