Federal-Mogul develops brushless fuel pump

ABR Staff Writer Published 28 June 2011  

Federal-Mogul, a supplier of powertrain and safety technologies, has developed an electrical brushless diesel fuel pump technology for on- and off-highway engines with improved durability to help heavy-duty vehicles work longer.

The electrical brushless fuel pumps were developed at the company's Logansport, Indiana technical center and are produced at its fuel delivery products manufacturing facility in Logansport in the US.

The technology suits 12V and 24V applications and is available for diesel engines used in the medium- and heavy-duty on-highway sector and in the construction, stationary, marine and agricultural sectors.

 

Read the full story here: http://powertrain.automotive-business-review.com/news/federal-mogul-develops-brushless-fuel-pump-280611

When a multitude of factors drove gas prices up, some industry officials said it took the death of one man to start bringing them back down.

Crude oil prices dropped by $13.62 a barrel last week after President Barack Obama announced Osama bin Laden's death on May 1.

According to the U.S. Energy Information Administration's website, the nationwide oil price average was $97.18 a barrel and the retail gasoline price average was almost $3.97 on Monday. The average for Columbus as also about $3.97, according to columbusgasprices.com.

Global oil prices moving to hit ''acceptable'' $120 : Iraqi government news

23 March 2011

Iraqi oil minister Abdul Kareem Luaibi said yesterday that Organisation of the Petroleum Exporting Countries (OPEC) believed that oil price was approaching $120 per barrel but was not likely to go higher, a level that was  "acceptable" and which would not hinder global growth.

"Global oil prices are moving towards $120 a barrel. We consider this an acceptable price that will not harm global growth," Luaibi told a news conference in Baghdad. "We think the price will not exceed USD 120 per barrel."

Oil prices were down yesterday as Brent crude fell below $115 a barrel as investors betting on rising prices with western intervention in Libya took profits anticipating a slowdown in air strikes.

 

READ THE FULL ARTICLE HERE http://www.domain-b.com/economy/worldeconomy/20110323_prices_moving.html

Analyst: Rising Oil Prices 'Primary Threat' To U.S. Economy As Libyan Violence Mounts

By: William Alden

HuffPost Reporting

NEW YORK -- As international military forces strike Libya, oil prices are again rising, reviving concerns that expensive energy could impede economic recovery in the United States.

U.S. consumers and businesses got a brief reprieve this month as oil prices eased off two-and-a-half-year highs. But escalating violence in Libya and rising tensions among the Middle...

February 28, 2011, 3:25 PM ET High Oil Prices Complicate Housing Recovery



By Kathleen Madigan Higher oil prices bring a bunch of negatives to the U.S. outlook. One consequence: They put a double dip in housing back on the table.

January saw a mixed performance in home sales. Purchases of existing homes posted a surprising gain of 2.7% to 5.36 million. Sales of new homes, however, dropped a larger-than-expected 12.6% to just 284,000. Both sectors are at historically low levels, held down by high unemployment, strict mortgage standards and the uncertainty of future trends in home prices.

Even so, housing in 2011 was expected to benefit, if only mildly, from the U.S. recovery gaining traction and from government policy remaining very accommodative. Household formation would increase as job growth picked up this year. Affordability would benefit from the Federal Reserve‘s focus on keeping mortgage rates low.

Housing wasn’t anticipated to surge in 2011, but it wasn’t expected...

How big is the 2011 oil price shock? By Gavyn DaviesFebruary 24, 2011 6:55 am

Each of the last five major downturns in global economic activity has been immediately preceded by a major spike in oil prices. Sometimes (e.g. in the 1970s and in 1990), the surge in oil prices has been due to supply restrictions, triggered by Opec or by war in the Middle East. Other times (e.g. in 2008), it has been due to rapid growth in the demand for oil.

But in both cases the contractionary effects of higher energy prices have eventually proven too much for the world economy to shrug off. With the global average price of oil having moved above $100 per barrel in recent days – about 33 per cent higher than the price last summer – it is natural to fear that this latest oil shock may be enough to kill the global economic recovery. But oil prices would have to rise much further, and persist for much longer, for these fears to be justified.

With global oil supply already impacted by Libyan shut-downs, the threat...

Oil prices surge 6% on Libya unrest By Aaron Smith, staff writer February 22, 2011: 3:15 PM ET CNN Money

 

NEW YORK (CNNMoney) -- Oil prices jumped 6% Tuesday, spiking as high as $98 a barrel earlier in the session, as the crisis in Libya sparked concern that the turmoil roiling the Middle East could spread to other producing countries -- including Saudi Arabia.



U.S. crude for April delivery rose $5.71, or 6.4%, to settle at $95.42 a barrel in midday activity. The U.S. market was closed Monday for a holiday, although there was a 6% gain in international trading.

Unrest in Libya has entered its eighth day, fueled by protestors against high unemployment and dictator Moammar Gadhafi's 42-year reign. At least 233 people have been killed since protests began, according to Human Rights Watch.

Gadhafi appeared on state-run television in front of his Tripoli home, the damage still evident from a U.S. bombing in the 1980s, in response to Western news reports that he had fled the...