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  • Crude oil prices hit another record Friday, at $75 a barrel. Gasoline prices are also climbing, as well. While for most Americans the rising cost of gasoline is just an annoyance, evidence suggests that some drivers are beginning to sell personal valuables just to keep their gas tanks full.
  • Spearfish, S.D., is the center of all cowboy activities/history/memorabilia in a five-state region and is planning a celebration to commemorate the national 'Day of the Cowboy' later in the week. The focus will be the historic cattle drive trail from Texas to Montana. Ranchers whose families have been in these states for generations will attend.
  • Gasoline prices have been falling over the past month, with the average dropping 20 cents in the last three weeks. But diesel users have not seen the same price improvements.
  • President Bush stops the purchase of crude oil this summer for the government's emergency reserve, making more available for public consumption. He is also suspending and easing some environmental rules in hope of increasing refining capacity.
  • Brazilian oil company Petrobras officially opens its latest deep-water oil platform. The new rig is expected to end decades of Brazilian dependence on foreign oil, and protect the country's economy from oil-price shocks.
  • Americans have cut back what they're buying at gas stations and grocery stores in response to rising prices. But their spending overall has remained fairly steady.
  • In December 1903, the Wright brothers gave wing to the idea that man could fly. Aviation has come along way in the past century, but some pilots still prefer to take to the skies in ultralight planes not much bigger than the one used in the original flight at Kitty Hawk. Hal Cannon of the Western Folklife Center profiles maverick ultralight pilot Arty Trost.
  • More than a dozen rural communities have invested in co-operative groceries and department stores to fill gaps left by the absence of chain outfits. NPR's Howard Berkes examines examples like The Merc in Powell, Wyo., and the Wolf Den market in Arthur, Neb.
  • E15 fuel is normally banned from sale in the warmer summer months because of concerns about air pollution. Biden said the U.S. will invest $100
  • Inflation, at a four-decade high, could go higher. U.S. officials met with their Indian counterparts about Russia. Elon Musk, Twitter's largest shareholder, could become an activist investor.
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