April Restaurant Index Above 100 for 6th Month

"The outlook for the restaurant industry remained positive for the coming months, as the National Restaurant Association’s Restaurant Performance Index (RPI) stood well above 100 in April. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.6 in April, down 0.6 percent from the strong level of 102.2 registered in March. Despite the decline, April represented the sixth consecutive...

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March U.S. Oil Production Highest Since 1998

Domestic Oil Production is Booming in North Dakota and Texas on Private Land: It's the Fuel of the Future The Department of Energy released data today showing that U.S. field production of crude oil came close to reaching a 14-year high in March, with average daily production of 6.26 million barrels.  That was the highest average daily oil production in any month since June 1998, almost 14 years ago, when average output was slightly higher at...

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Gas Drops Below $3 per Gallon in South Carolina

Damn those greedy oil speculators, they've driven gas prices down to $3 per gallon in South Carolina.  Update: Gas is now below $3 per gallon in South Carolina, currently as low as $2.98 on Saturday morning. ...

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Oil Prosperity Update for Eagle Ford Texas

1. Fuel Fix -- "Robust drilling activity in the Eagle Ford Shale is rescuing the state’s lodging sector. San Antonio-based Source Strategies says in its newest Hotel Brand Report that hotels in the counties with the most oil-and-gas production were responsible for 75% of the $151.3 million in additional revenues hotels produced statewide between the first quarter 2011 and the first quarter this year. That occurred even though those oil-and-gas-rich...

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Markets in Everything: Belgian Soccer Fans for Sale on eBay to Root for Your Country in Euro 2012

Listed on Ebay (current bid approx. $445 with 7 days left):"Once again we Belgians have no team to root for at the Euro 2012 soccer championship. Since tournaments are much more fun when you have a favorite team, we decided to put our fandom for sale on eBay.  All profits will be sent directly to Unicef. What is for sale: During Euro 2012, all members of this Facebook Group will root for the national soccer team of the highest bidder, or the national team of his choice. Even if it's Holland. We will watch the games, wear the colors, possibly...

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