AAA Daily Fuel Gauge Report for Friday, 7/9/21
National Average Price for Regular Unleaded Current: $3.143; Month Ago: $3.067; Year Ago: $2.189. National Average Price for Diesel Current: $3.260; Month Ago: $3.202; Year Ago: $2.439.
https://gasprices.aaa.com/
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Canada rejects CN Rail’s request for binding arbitration in labor dispute (8/15/24)
Canadian Labour Minister Steven MacKinnon has rejected a request by Canadian National Railway to initiate binding arbitration in a labor dispute with the Teamsters union, a spokesman for the minister said on Thursday. In a letter to CN Rail's lawyers, MacKinnon said it was the shared responsibility of the company and the union to negotiate in good faith. The letter, sent on Wednesday, was released by the Teamsters. Talks between CN Railway and Canadian Pacific Kansas City - the country's two largest rail companies - and the Teamsters are deadlocked, with each side blaming the other. CN Rail said it was disappointed by MacKinnon's decision, saying he would have to reconsider if the union did not "get serious and engage meaningfully at the negotiating table".
Oil in Longest Rally in 3 Months on Signs of U.S. Stockpile Drop
Global benchmark Brent crude topped $60 a barrel last month for the first time since July 2015, while West Texas Intermediate, the U.S. marker, is set for the highest close in two years as Saudi Arabia and Russia signaled support for extending supply cuts well into 2018. The market was also buoyed by conflict between the Iraqi central government and Kurdish forces that threatened crude production from northern fields in the OPEC nation. “U.S. stock draws have been leading and continue to lead the market higher,” said Olivier Jakob, managing director at Petromatrix GmbH in Zug, Switzerland. Click Read More below for additional information.