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Doug Steenland
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Calls for crack down on oil speculation increase
Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000.
Northwest CEO to testify about oil prices
Northwest Airlines Chief Executive Doug Steenland plans to urge Congress to crack down on oil speculators.
Northwest Airlines announces larger capacity cuts
Northwest Airlines said Tuesday it will cut its capacity later this year by 3 percent to 4 percent because of high fuel prices. The reductions were deeper than those announced in April, though they're smaller than cuts announced by many other airlines. |
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