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Entries from Gothamist tagged with 'oil'

June 7, 2008

Photograph of the New York Stock Exchange trading floor AP Yesterday, the Dow Jones Industrial Average took a 400-point-drop bath, prompted by rising oil prices and higher unemployment numbers, and stirred up more recession fears. Just Thursday, growing inventories of oil and decreased demand led investors and the public to think that perhaps our long national love-hate affair with oil had reached an amicable reconciliation. But then the oil prices rose to $138/barrel--an $11......

Continue Reading "Markets Falter After Hitching to Slippery Oil Rope-a-Dope"

April 19, 2008

With the weather warming, this will likely become less of a visible concern, but the City should also view the spring and summer as an opportunity to crack down on buildings who spew oily black smoke across the New York's skyline. The Gay Recluse has been concerned for some time about the cluster of chimneys in his Washington Heights neighborhood that spew plumes of noxious smoke into the air. A little digging through Community Board......

Continue Reading "Dirty Oil and Outdated Boilers to Blame for Smoky Pall"

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