Today's Teamster News 05.13.12

Big Oil Is Gaming the System to Keep Domestic U.S. Prices High  The Big Picture   ...the U.S. is now an oil exporter, but that Americans aren’t getting reduced oil prices because the oil companies are now pricing the oil according to European metrics...
A Generation Hobbled by the Soaring Cost of College  New York Times   ...Ninety-four percent of students who earn a bachelor’s degree borrow to pay for higher education — up from 45 percent in 1993, according to an analysis by The New York Times of the latest data from the Department of Education...
The worm in Apple (and the US tax code)--offshoring of US Profits  Angry Bear   ...companies offshore their profits to post-office boxes in tax haven countries and claim that the US Is no longer the source of their profits, even though the IP was invented in the US, is still used in the US and still results in most of the sales actually in the US...
U.S. posts first budget surplus since 2008  MarketWatch   ...Last surplus was September 2008, the month Lehman collapsed...
Capitol Report: It didn't take 'divide and conquer' video to sway police union against Walker  The Cap Times   ...although the Walker recall effort was triggered by his repeal of most collective bargaining rights for public workers, job creation is currently the top issue of concern among Wisconsin voters, according to a Marquette Law School poll released last week....
High-ranking Teamsters member is Lincoln County native Charlestown Gazette-Mail   ...High-ranking Teamsters member Ken Hall began working in the oilfields, in and around Lincoln County, for the Pennzoil Company back in 1976...