Reserve Articles
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31. Lawsuit aims to preserve access to LA-area ports
A trade group representing nationwide truckers has filed a lawsuit claiming plans to clean up the air around the twin ports of Los Angeles and Long Beach will impede the work of truckers.
28 Jul 2008
32. Gary Stern, Federal Reserve Bank of Minneapolis President
Reuters - "I don't think the headwinds have diminished ... if anything I think they are picking up a little steam. I think we are reasonably well-placed for some disappointments in the next two or three quarters in terms of growth because, in some sense, we have addressed that through policy. In my own mind it is little bit more of an open question on inflation."
28 Jul 2008
33. University of Texas OKs plan to sell oil reserves
The University of Texas System board of regents has unanimously approved a plan to sell some of the oil and natural gas reserves beneath the system's vast West Texas lands for about $1 billion.
25 Jul 2008
34. Vast oil, natural gas reserves estimated in Arctic
Some 90 billion barrels of oil and a third of the world's undiscovered natural gas lie beneath an area north of the Arctic Circle, government scientists estimate in the largest-ever survey of the energy resources there.
24 Jul 2008
35. Charles Plosser, president of the Federal Reserve Bank of Philadelphia
Thomson Financial News - "Keeping policy too accommodative for too long worsens our inflation problem. Inflation is already too high and inconsistent with our goal of and responsibility to ensure price stability."
22 Jul 2008
36. Another lease sale seen in Alaskan oil reserve
For the fifth time in a decade, the federal government will allow oil companies to bid for oil and gas leases in the sprawling National Petroleum Reserve-Alaska, officials announced Wednesday.
16 Jul 2008
37. Automakers reserve hybrids for NYC taxi fleet
Three major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for New York City as it replaces its entire fleet of yellow cabs.
16 Jul 2008
38. Janet Yellen, Federal Reserve Bank of San Francisco President
Thomson Financial News - "It is critical that we continue to explore a broader range of interventions that would help keep families in their homes, including efforts to give servicers more flexibility in the loan modification process."
16 Jul 2008
39. Sen. Bunning opposes giving Fed more powers
U.S. Sen. Jim Bunning said Tuesday he will do everything in his power to block a proposal to grant the Federal Reserve sweeping new powers in response to the nation's wobbly financial system.
15 Jul 2008
40. Ben Bernanke, Federal Reserve Chairman
Thomson Financial News - "The functioning of financial markets is a top priority of the central bank and policymakers are closely monitoring the health of mortgage giants Fannie Mae and Freddie Mac."
15 Jul 2008
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