By The Numbers

The numbers for August 13, 2013: Crude merger

Shea Huffman Aug 13, 2013
87 billion

The number of barrels of oil that could hit the global market if Mexico decides to end its oil monopoly. Mexican president Enrique Peña Nieto is proposing amending the nation’s constitution to allow private companies to more easily drill for oil and gas. Cheaper gas prices and lower energy costs could be a few of the benefits for the U.S. (Marketplace)

80%

The percentage of U.S. commercial air travel that would be controlled by just four airlines if American Airlines were to merge with US Airways, according to claims by the Justice Department in a federal antitrust lawsuit seeking to block the proposed merger. Executives with both airlines say the massive scale of the merged airline — which would be the largest in the world — would offer customers better services, but regulators argue it will hurt competition and drive up fares. (NYT)

1000

How many “Riot Points” you can earn by signing up for American Express’ new prepaid debit card. The credit card company is partnering with the video game “League of Legends” in a bid to attract young male consumers with digital currency for their games. (Marketplace)

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