US gas prices rise
The average price of a regular gallon of gas jumped 13 cents in the past two weeks to $2.20, ending a sustained drop.
Industry analyst Trilby Lundberg said Sunday that a rebound in the price of crude oil caused the run-up at the pump.
However, the price is $1.10 below the mark a year ago, Feb. 7, 2014.
Lundberg says pump prices could climb as much as a dime in the near future, unless oil prices show significant declines.
Thousands march to protest fracking
Thousands of environmental and labor activists took to the streets of Jerry Brown’s hometown Saturday carrying signs and chanting slogans with a simple message for the governor: End fracking.
The marchers called on Brown to “stop fracking” with people’s health and “follow the science,” saying the governor’s legacy as an environmental leader was at stake if he didn’t ban the practice.
California is the No. 3 oil producer in the nation and has added an average of 300 wells each month for the past decade. About half of them are using hydraulic fracturing or fracking.
Premier proclaims an end to austerity
Greece’s new Prime Minister Alexis Tsipras set his leftist government on a collision course with Greece’s creditors Sunday, proclaiming an end to the era of austerity and “five years of bailout barbarity.”
Tsipras presented his government’s policy statement to Greek lawmakers which included, as he had forewarned, all the promises made by his radical left party, Syriza, in its manifesto before last month’s election.
By demanding a “bridge agreement” that would give Greece and its creditors time to negotiate a new debt deal much more favorable to the country by June, Tsipras appeared to stick to an approach that got short shrift from European Union partners in a series of meetings that Tsipras and his finance minister had with European officials last week.