In response to Tuesday's announcement, Fitzgibbon argued that the lower than expected price was a result of Commerce's weak negotiating position due to the regulatory issues, coupled with the thinning out of potential buyers due to the distractions of the summer's credit crisis.

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The March producer price index showed wholesale inflation was lower than expected, with the overall index down 0.6% in March versus 0.3% expected, as energy costs fell.

FORBES: FOCUS: Falling Commodity Prices, Slowing Global Growth Stir Deflation Thoughts

Orders for the IPO of Russia's primary stock exchange were more than two times oversubscribed, but the deal was expected to price at the lower end of its range.

WSJ: What's News

The buoyancy of the American economy, in particular in the late 1990s, was partly a reflection of cheap energy the oil price was lower in this period than it had been for many years, and was expected to continue falling.

ECONOMIST: Oiling or spoiling the recovery? | The