Wednesday, July 29, 2015

High Gas Prices Driving You Crazy? Do These Simple Things To Slash Your Gasoline Bill

By Jerry Hirsch, Los Angeles Times (TNS)

You can’t control the price of gas, but you can minimize the damage to your wallet. Many drivers can improve their fuel economy by 10 percent or more with some easy steps.

“Motorists can significantly reduce fuel consumption and save money by simply adjusting their driving style,” said Steve Mazor, chief automotive engineer for the Auto Club’s Automotive Research Center. “Driving style impacts motorists’ wallets because warming up an engine, speeding and ‘jack rabbit’ starts can needlessly use precious fuel.”

Perhaps the easiest move is to keep your tires fully inflated to their recommended maximum pressure.…

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U.S. Jobless Claims Drop To 41.5-Year Low

By Lucia Mutikani

WASHINGTON (Reuters) — The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41.5 years, suggesting the labor market maintained a solid pace of job growth in July.

The sturdy jobs picture together with a strengthening housing market brings the Federal Reserve a step closer to raising interest rates this year.

Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November 1973, the Labor Department said on Thursday. Claims for the prior week were unrevised.…

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Iran Nuclear Deal Could Drive Down U.S. Gas Prices

By Ed Felker and Lauren Gardner, CQ-Roll Call (TNS)

WASHINGTON –– The tentative deal designed to limit Iran’s nuclear program led to a quick — though modest — decline in oil prices, raising the possibility that U.S. drivers may enjoy a prolonged break from high gasoline prices and creating an opening for Republican lawmakers to step up efforts to end a ban on exporting domestic oil.

Analysts at Washington-based ClearView Energy Partners noted that lifting economic sanctions against Iran could return as much as 1 million barrels a day to world markets, flows that have been cut off because of the economic sanctions imposed by the U.S.…

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