The Morning Cram [oil tycoon edition]
From NPR: Supplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline.That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.
Kentucky: Political leaders in drug-plagued Kentucky say they're pleased that retailer Urban Outfitters has stopped selling flasks, shot glasses and pint glasses that look like prescription pill bottles. University of Louisville communications professor Greg Leichty has announced that he'll seek the Democratic nomination to run for U.S. Senate. Gov. Steve Beshear says Kentucky will receive a settlement of more than $6 million from a case involving online gambling.
Tennessee: A new study of domestic violence in Tennessee last year found women were nearly two times more likely to be victimized than men and children were the victims in 16% of all family violence cases.
Illinois: Gov. Pat Quinn has set a July 9 deadline for a bipartisan committee to come up with a solution for Illinois' pension crisis. And Quinn's administration will begin July 1 to pay union workers at the contractual wage rate called for in 2011. Honeywell’s Metropolis plant is starting the “front end” of its operations today.