NEW YORK (Reuters) - Warren Buffett said demand for oil is growing regularly, supply is finite and most U.S. oil field are depleting and if these trends continue, "who knows what the equilibrium price will be."
Alternative energy helps, but is not a "big answer to the kind of demand that is coming along," Buffett said, speaking on
CNBC.
(Reporting by Dan Wilchins, editing by Dave Zimmerman)
WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video
"I told Michelle when we got here that in six months my poll numbers will start crashing," says President Obama. He's not worried -- yet. Full Article
The Pentagon burns through $5 million in borrowed money every hour in Afghanistan and the amount is expected to more than double once additional troops are deployed. Commentary
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
