May 19
WASHINGTON, May 19 (UPI) — U.S. crude oil inventories remained close to flat in the week ending May 14, the U.S. Energy Information Administration said Wednesday.
The agency said crude inventories rose by 200,000 barrels to 362.7 million during the week and remained above the upper limit of the average range for this time of year.
Gasoline inventories for the week fell only slightly, declining by 300,000 barrels to 221.8 million barrels. Stockpiles of gasoline are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, rose by 1.4 million barrels to 153.8 million barrels.
Inventories of finished gasoline rose, while gasoline blending component stockpiles fell during the week, the energy agency reported.
Demand for motor gasoline is up 2.1 percent from the same period a year ago — averaging 9.2 million barrels per day, using a four-week rolling average.
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Tags: Close Flat, Flat
May 19
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NASHVILLE — Shelby County Commissioner Mike Ritz has filed another “civil rights discrimination” complaint over the state’s financial treatment of the Regional Medical Center at Memphis — a move that some county legislators said could jeopardize additional state funding.
Copies of a letter Ritz sent to the federal government last week alleging discriminatory practices by state officials against The Med were circulated to state legislators and officials Tuesday, along with a brief e-mail in which Ritz wrote, “The governor continues to play the rest of the state against the Med in all matters politic and fiscal.”
In a May 13 letter to the U.S.
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Tags: Commissioner Mike, Commissioner Mike Ritz, Med, Mike Ritz
May 19
After years away for college and work, Laurita Jackson returned to Memphis to be closer to family and raise her children in the South.
She moved home in 2003 to work for the family business, Memphis Chemical & Janitorial Supply Company, and took over as president in the beginning of May, bringing aboard a commitment to her employees and community.
Photo by Kyle Kurlick, Kyle Kurlick/Special to The Commercial Appeal
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Laurita Jackson worked for six years as the executive vice president of Memphis Chemical & Janitorial Supply before becoming president this month after her predecessor retired.
“It’s great working for a family business,” Jackson said.
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Tags: Business, Business Expand
May 19
Home construction rebounded last month to the highest level in 18 months as buyers capitalized on tax incentives. But now that those tax credits have expired, builders are scaling back.
That means the homebuilding industry isn’t likely to contribute as much to the economic recovery. Analysts expect sales to fall this summer as the effect of the tax credits fades.
The rate of construction of single-family homes and apartment buildings rose 5.8 percent last month to a seasonally adjusted annual rate of 672,000, the Commerce Department said Tuesday.
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Tags: Home, Home Building
May 19
Builders and home-improvement contractors are a frequent source of complaints to the Better Business Bureau. Some consumers are victims of out-and-out scams, while others picked an unethical company to perform the work. The BBB has assigned an F rating to more than 120 local contractors. Even when dealing with a reputable contractor, misunderstandings can arise over a complex job.
I’m going to devote two columns to this important issue. In this column, I’ll discuss how to avoid home-improvement scams. In the next one, I’ll offer advice on how to pick a reputable contractor and reduce the likelihood of running into problems.
A consumer called us about a scam that victimized her elderly father in the Berclair area. A fellow knocked on the door and said he noticed that her father’s driveway needed patching.
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Tags: Better Business, Better Business Bureau, Bureau, Business Bureau
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