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Putin sends a shiver to Britain with warning: 'The time of cheap gas is coming to an end'
Russian premier Vladimir Putin has warned Western consumers that gas bills are set to soar. He oversaw the setting up of a new international 'cartel' of gas producers which observers fear will seek to fix output and prices.
Source: www.dailymail.co.uk
People Traveling for Holiday Despite Economy
Despite the economy and job loss, people are traveling for the Christmas holiday and they say their biggest reason is because gas is cheap.
Source: www.whsv.com
Putin: no more cheap gas
The price of natural gas is set to rise as the world financial crisis and rising costs hurt production, Russian Prime Minister Vladimir Putin said Tuesday as he presided over a forum of gas-exporting nations laying the groundwork for closer cooperation.
Source: news.yahoo.com
Asian Stocks Gain on Oil, U.S. Spending; Gulf Shares Decline
Dec. 25 (Bloomberg) -- Asian stocks rose for the first time in five days, led by Japanese shipping companies and electronics makers, on speculation falling oil prices will ease fuel costs and encourage consumers to spend more.
Source: www.bloomberg.com
SINA - FMCN Merger A Positive
In the U.S. this would be a cheap deal. There are synergies and significant cost savings in the combined companies.
Source: biz.yahoo.com
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