Coping with a crazy-making economy Oct 10, 2008
It seems hard to imagine but it wasn t more than a few months ago when the rising cost of gasoline and scores of commodities, from rice to steel to milk, was a pressing concern. Not so much, any more. (Salon)
Gold prices keep rising as stocks collapse Oct 10, 2008
4186 a gallon, while gasoline futures fell less than half a penny to $2. 0273 a gallon. (San Diego Union-Tribune)
Gas prices drop below $3.50 per gallon Oct 10, 2008
SAN DIEGO The average price of a gallon of self-serve unleaded gasoline in San Diego County fell 1. 9 cents Thursday to $3. (San Diego Union-Tribune)
Local economy tightens belt Oct 8, 2008
The rising price of gasoline was not a factor in the decision to add fuel, since the company began planning for it three years ago, but the gasoline sales will add convenience and give customers better prices on both gas and food items through a computerized sales system that will give food buyers at the store a discount on gas, Mihalko said. Several area businesses will be on display noon to 7 p.m. Thursday, Oct. 9 at the 12th annual Indian Valley Chamber Business Expo at Indian Valley Country... (Springfield Sun, PA)
How can Nebraska possibly vote Republican? Oct 8, 2008
People here don't want to elect a known supporter of radical american haters like the weatherman underground or the reverend wright who preached "G.. Damn america!Thats why for starters Nebraska should vote republican!!! My god obama has been a senator for 143 days! This makes him qualified over mccain? Or is it his black skin? Stop it Oct 2, 2008 10:56 AM These subsidies are a slap in the face of every Nebraskan. It's time for government to stop all of this bailing out/subsidizing of non viable... (Columbus Telegram, NE)
Full Text Of The Debate Oct 8, 2008
80 here in Nashville for gasoline, and it could go up ... And that's why I have consistently said that, if we can work more effectively with other countries diplomatically to tighten sanctions on Iran, if we can reduce our energy consumption through alternative energy, so that Iran has less money, if we can impose the kinds of sanctions that, say, for example, Iran right now imports gasoline, even though it's an oil-producer, because its oil infrastructure has broken down, if we can prevent them... (CBS News)
China: Electric car hub Oct 8, 2008
SAN FRANCISCO: The head of Johnson Controls Inc's battery unit believes China could adopt electric cars faster than elsewhere because of its size and comparative lack of reliance on gasoline for transport ... Molinaroli said another advantage in China was the fact that the country had relatively fewer gasoline stations for a new electric car infrastructure to compete with, adding: "They don't have a legacy cost chasing them around.". (India Times, India)
Green technology still a draw Oct 8, 2008
Despite the economic crisis, Balbach said, demand for products and services that save energy hasn't waned because consumers remain worried about the long-term cost of gasoline and heating their homes. Also, environmentalists are still pushing for alternative and renewable sources of energy and fuel. (Boston Globe)
Crude Oil Falls as Demand Slumps, Credit Market Turmoil Worsens Oct 8, 2008
U.S. gasoline demand dropped 9 ... 625 million barrels of gasoline a day in the week ended Oct. 3, down from 9 ... The refining profit to make gasoline has fallen to near a record low while inventories of the fuel are at their lowest since 1967, the analysts said. (Bloomberg)
Learn basics of money management Oct 8, 2008
Rensselaer Republican. As costs go up it can make managing the daily budget, let alone saving for the kids college education, a monumental task if not impossible at times. (Rensselaer Republican, IN)
Credit cards next in line for tightening Oct 8, 2008
That is largely because consumers have piled on credit-card debt, increasingly to pay for staples such as groceries and gasoline. That spending has helped keep the economy out of a deeper recession. (Atlanta Journal-Constitution -- Travel)
Cut To 1% -- Now! Oct 8, 2008
These mistakes were like throwing gasoline on a fire. Now, instead of realizing its mistakes, the government is intervening again with a huge $700 billion intervention in the markets. (Forbes -- Markets)
Energy Department warns of higher heating costs Oct 8, 2008
WASHINGTON (AP) -- Heating U.S. homes with oil this winter will cost a painful $450 more than a year ago, another slap to families already reeling from high gasoline and food costs and fearful of losing their heat because of unpaid bills ... And it follows a summer of record $4-a-gallon gasoline, a booming credit crisis, a struggling economy and growing unemployment. (Concord Monitor)
Who will get first Wyo. gasification plant? Oct 8, 2008
It also can be converted to gasoline, which is an attractive venue given the continuous increase in oil prices. The UW/GE plant will mostly focus on syngas and turning it to liquid fuel. (Gillette News-Record, WY)
Obama Outspending McCain Nearly 3 to 1 on TV... Oct 8, 2008
Obama Outspending McCain Nearly 3 to 1 on Television - The Fix. Play the electoral outcome prediction game. (The Drudge Report)
Electric cars to dominate green car race Oct 8, 2008
They are also, however, pursuing other technologies that would reduce dependence on gasoline, including increased efficiency for traditional combustion engines, alternative fuels such as ethanol and hydrogen. According to Molinaroli, however, automakers already hard-hit by a weak global economy and declining auto sales will not be able to keep funding all of those technologies. (Scientific American)
Audit questions $1.4b in Halliburton bills Oct 8, 2008
Audits are part of the normal contracting process, and it is important to note that the auditors' role in the process is advisory only" to the other Pentagon agencies that award private contracts.The audits surfaced in a joint report prepared by the Senate Democratic Policy Committee and the Democratic staff of the House Government Reform Committee. The audits were part of the Pentagon's normal contract review policy; Democratic lawmakers obtained them from whistle-blowers who thought the... (Yahoo News -- Halliburton)
Even More Than Paris Oct 8, 2008
It has been merged with the notion that our country will bumble along making trade offs between competing interests until things get bad enough--say oil goes over $150/barrel or gasoline prices breach $15 ... PHEV sales volumes are bound to be highly sensitive to their sticker prices in combination with gasoline and electricity prices ... Gasoline and oil prices are likely to be the least predictable of the three, witness their volatility as we write these words. (Energy Pulse, CO)
Dist. 15 hopefuls against bailout Oct 8, 2008
"By eliminating tax cuts for big oil and by providing incentives for investments in alternative energy production, we can reduce our dependency on oil, bring down the cost of gasoline, and create American jobs," Kosmas' campaign said by e-mail Tuesday. She said she would "prioritize efforts to expand Kennedy Space Center from an operational facility to one that also focuses on research and development, which would stimulate job growth and economic development across Brevard County.". (Florida Today)
Bollin on Business: The buck stops here—in GV, Sahuarita Oct 8, 2008
With gasoline still in the 3. 60 something range, it pays to shop here. (Green Valley News & Sun, AZ)
Confidence: An Icy Wind Oct 8, 2008
Indeed it otherwise might be on the rise, given the improvement in gasoline prices, the main drag on consumer views this year ... While the index historically has been sensitive to rising gasoline prices, it's shown less of a direct reaction to the ups and downs of the stock market. (ABC News -- Business)
President Bush Discusses Emergency Economic Stabilization Act of 2008 Oct 8, 2008
Families are squeezed by the high price of gasoline, and feeling the pinch of food prices and monthly mortgage payments. Workers are anxious about whether their paychecks will stretch. (White House News Releases)
Hawaii energy consumption continues to drop, officials say Oct 8, 2008
The figures supplied by the state also show gasoline and diesel fuel consumption fell during July. Gasoline prices, both nationally and locally, have been declining gradually over the past few months ... 50 a gallon in July, the statewide average gasoline price has fallen to $4. (Honolulu Advertiser)
Live Energy Lite features conservation education Oct 8, 2008
"All of us have been feeling the pinch of higher energy costs from gasoline, to groceries, to home electricity bills," said Ka`iulani de Silva, director of Education mer Affairs. "Through our Live Energy Lite outreach, we hope to give families the information and tools they need to make wise choices about their electricity usage.". (Honolulu Advertiser)
Gas drops below $3 a gallon at Cedar Valley stations Oct 8, 2008
The price for 89-octane gasoline with 15 percent ethanol content was running at 2 ... There has been talk of gasoline prices falling to the 2 ... Nationwide, the retail price of a gallon of gasoline Monday was 3. (Waterloo-Cedar Falls Courier)
Report: Hawaii energy use continues down Oct 8, 2008
The department said gasoline consumption for the first seven months of 2008 was down 7. 6 percent compared to the same period a year ago. (Pacific Business News, HI)
Gas prices drop across the state Oct 8, 2008
"It's looking positive,"LaDoucer said about gasoline pricing ... But drivers may have made their point last season:nationally, demand for gasoline is expected to be 2 percent lower than last year, compared to consistent increases in demand for the past five years ... "The big thing (with pricing)is the economy; the turmoil it's going through has reduced demand for both oil and gasoline,"LaDoucer said. (Bismarck Tribune, ND)
Bailout For The Bankrupt Oct 8, 2008
Early on in the 1970s, in response to the Arab oil embargo, the U.S. decided to encourage fuel economy using corporate average fuel efficiency (CAFE) standards rather than the more effective but politically contentious approach of raising prices via a gasoline tax. The latter has the benefit of providing an incentive to purchase more fuel-efficient cars and simultaneously encourages more fuel conservation with existing cars. (Forbes)
Credit card crackdown Oct 8, 2008
That is largely because consumers have piled on credit-card debt, increasingly to pay for staples such as groceries and gasoline. That spending has helped keep the economy out of a deeper recession. (Atlanta Journal-Constitution)
Recumbent bike sales roll along Oct 8, 2008
But 16 years later, the gold mine prices of gasoline have Brummer beaming. His business is up 30 percent over last year. (Santa Maria Times)
Sainsbury Sales Growth Accelerates as Retailer Reduces Prices of Groceries Oct 8, 2008
3 percent at stores open at least a year, excluding gasoline, the London-based company said today in a statement. That beat the 4 percent estimate of 13 analysts surveyed by Bloomberg News and the previous quarter's 3. (Bloomberg -- UK)
Novozymes wins $12.3M ethanol contract from feds Oct 8, 2008
Now, it s in cellulosic ethanol, which the Bush administration hopes to make cost-competitive with regular gasoline by 2012. Novozymes recently broke ground on a $26 million expansion of its Franklinton facility that will include office and lab space. (Raleigh Triangle Business Journal, NC)
Aussie entrepreneur eyes W-S for scooter firm Oct 8, 2008
To the extent that's true, it's because such two-wheeled transports are gaining rapidly in popularity as the price of gasoline scoots past $4 per gallon (see story, page 1). Even old-fashioned, gas-fueled scooters dwarf the best hybrid cars in terms of economy, with the venerable Vespa, for example, getting about 70 miles per gallon. (Business Journal of the Greater Triad Area)
Clover Farms stands test of time Oct 8, 2008
Aubrey Carrington, who lives in the community, puts gasoline into his tractor this photo from the 1950s ... During those early days, they sold Crown gasoline, which was marketed by Standard Oil ... While gasoline and food items are a staple, the store always has been more than a convenience store. (Athens Banner-Herald)
Hudson Stop & Shop gas station clears hurdle Oct 8, 2008
Representatives from the Quincy-based supermarket chain will now need to go before the Board of Selectmen for an underground storage license, as the proposal includes underground space for storing 40,000 gallons of gasoline, said Paul Giannetti, who is representing Stop & Shop. At last night's meeting, Town Planner Jennifer Burke suggested fuel delivery service only be allowed between 7 and 9 p.m. Monday through Friday, but Giannetti said the hours were too limited and requested fuel deliveries... (Hudson Sun, MA)
On Your Mind: A readers' comment section Oct 8, 2008
From now on, my savings account will be used, meaning used up to pay monthly necessities like food, rent, utilities, and gasoline for the little old car used only in town and seldom if ever on Sunday. Bye-bye, contributions, including to churches. (Sierra Vista Herald, AZ)
Even though oil prices are falling, keep conserving Oct 8, 2008
Another development exerting downward pressure on oil prices has been a steady decline in gasoline consumption ... The highway administration reports that Americans consumed 400 million fewer gallons of gasoline and 318 million fewer gallons of diesel in the first quarter of 2008 than in the same period in 2007. (Longview Daily News, WA)
Deck the Walls, Dash Through the Malls and Brighten the Season Safely Oct 8, 2008
Don't store combustible materials such as gasoline, propane, paper, chemicals, paint, rags and cleaning products near your gas furnace. Gasoline or propane cylinders must be stored outside the home ... Never use gasoline or other flammable liquids in the vicinity of your gas furnace or water heater. (Canton Daily Ledger, IL)
Auto Health Shares Front Seat with Personal Health for American Drivers Oct 8, 2008
"Just like choosing nutritional foods at the grocery store is a simple way to be healthy, filling up with high-quality gasoline is an easy change motorists can make to help protect their vehicles," says Dr. FuelGood ... But it doesn't take a dramatic life change to make a difference - you can avoid vehicle health problems through regular maintenance and using a high-quality gasoline ... They introduced the TOP TIER Detergent Gasoline standard and recommend motorists use fuels that meet the... (Canton Daily Ledger, IL)
Post a comment » Oct 8, 2008
Trenton wrote on Jul 31, 2008 1:43 PM:" Alternative fuels are a part of the solution, however, E85 and other higher ethanol content gasoline is less efficient than regular gas. Also, if everyone drove E85, the prices of corn(and anything containing corn) would skyrocket, South Americans would cut down rain forest to profit from selling corn for fuel, and many persons in countries where corn is a staple diet for their poor would face starvation. We keep hearing that Ethanol is the answer because... (Canton Daily Ledger, IL)
Don't Delay Home Repair Projects Oct 8, 2008
"When the prices of construction materials rise, they don't fluctuate like gasoline," says McNally. "These are the kinds of prices that go up and stay up.". (Canton Daily Ledger, IL)
The Silver Lining Is Black Oct 8, 2008
In July, the big story was $150-a-barrel oil and scary predictions of $200 crude and $6-a-gallon gasoline. While this might be cold comfort as the Dow sheds hundreds of points daily, for investors with a strong stomach and contrarian bent, falling oil prices present some intriguing opportunities. (SmartMoney)
Japan Energy to Review Gas Prices Every Week Oct 8, 2008
Tokyo, Oct 8, 2008 (Jiji Press) - Japan Energy Corp. will review its wholesale gasoline prices every week, starting Nov. 1, company officials said Wednesday. The unit of Nippon Mining Holdings Inc. will base its wholesale prices on weekly market moves instead of the current practice of setting its prices every month on the basis of oil procurement costs. (JCN Network, Japan)
Workgroups unveil plans for green Corvallis Oct 8, 2008
Motivate people to reduce per capita gasoline consumption by 50 percent. Reduce vehicle trips 20 percent through planning. (Corvallis Gazette Times, OR)
Hundreds vote on goals at town hall Oct 8, 2008
Reduce per capita gasoline consumption by 50 percent. (46 percent). (Corvallis Gazette Times, OR)
Oil Falls to 8-Month Low as Worsening Credit Crisis to Cut Energy Demand Oct 8, 2008
U.S. gasoline demand dropped 9 ... 625 million barrels of gasoline a day in the week ended Oct. 3, down from 9. (Bloomberg -- Canada)
In 112th District:Hovey Makes Reelection Bid Oct 8, 2008
Hovey has said she will continue to advocate for capping the state gross receipts tax on gasoline. The gross receipts tax is a hidden "tax on a tax" that is based on the wholesale price of gasoline ... "This year, we've seen record increases in gasoline prices that have hurt every family and small business in the state," Rep. (Voices, CT)
What do the three stars mean? (Today) Oct 8, 2008
MOLINARI: The tradition dates to the 1936-37 season, when Imperial Oil became the principal sponsor of Hockey Night in Canada radio broadcasts and was seeking a way to promote one of its products, Three Star gasoline. The idea of doing so by selecting the top three performers in a particular game purportedly came from a Canadian advertising agency. (Pittsburgh Post-Gazette, PA -- Sports)
County panel approves workplace smoking ban Oct 8, 2008
PicklesPlease wrote on Oct 8, 2008 8:41 AM:" B is on the right track. There are plenty of legal substances, such as blood and snot and saliva...and bleach and gasoline. But that doesn't mean I can spray it all over my customers in my place of business or mix it in their food or drinking water even if they full well know that that's how I like to run my business. That is why we have government: to regulate unethical business owners and practices. About time this ban passes. Breathable air is not... (La Crosse Tribune, WI)
Gas prices fall despite oil's rise Oct 8, 2008
The average price of a gallon of self-serve regular gasoline nationally falls 11 ... But gasoline prices didn't follow crude's lead ... That made for another rare period during which gasoline in California was not substantially more expensive than it was nationally. (Yahoo News -- Oil and Gas)
Oil slumps as overseas markets tumble Oct 8, 2008
The national average price for a gallon of regular, unleaded gasoline fell 2 cents to $3. 504 from $3. (Yahoo News -- Oil and Gas)
Economy sets stage as Obama and McCain clash Oct 8, 2008
"Obama said McCain's campaign manager, Rick Davis, had accepted money for consulting for Fannie Mae and Freddie Mac, the government-sponsored mortgage giants taken over by the federal government last month to protect them from collapse.Gloomy picturesNeither Obama nor McCain offered an optimistic view of the American economy. Obama said the nation was reaping the bitter fruit of eight years of the Bush administration's fiscal mismanagement and drive to deregulate markets, moves he said were... (News & Observer)
N.C. gas is priciest in lower 48 Oct 8, 2008
Advertisements Bruce Siceloff, Staff Writer Suddenly, North Carolina has the priciest gasoline in the lower 48 states ... "They tell me that the amount of gasoline coming out of the pipeline and available to retailers will be normal tomorrow and is close to normal today," said Alan Hirsch, policy director for Gov. Mike Easley. (News & Observer)
Oil rises on talk OPEC will trim production Oct 8, 2008
The US government cut its forecast for crude oil, gasoline and winter heating fuel prices as global demand slows with the staggering economy ... Gasoline Futures Gasoline for November delivery rose 0 ... Regular gasoline at the pump, averaged nationwide, dropped 2. (Sydney Morning Herald -- Business)
Senate Rejects Flag Desecration Amendment Oct 8, 2008
The amendment's chief sponsor, (R-Utah), disputed assertions that the measure was politically motivated and was an unwise use of the Senate's time in the face of war in Iraq, high gasoline prices and a growing federal deficit. "Fifty state legislatures have called on us to pass this amendment," Hatch told colleagues. (Yahoo News -- Civil Liberties)
New Era’ in Grain Prices to Be Sustained Oct 8, 2008
Irwin says this new price era could easily last two or three decades, sustained by corn prices that are now tethered to sharply higher gasoline prices and the fuel industry, because of the crop s ties to ethanol. Prices of corn, soybeans and wheat started moving higher in the fall of 2006 and have remained generally high and well above average prices in the previous 30 years. (Agri-View, WI)
Dont mess with Maine taxes Oct 8, 2008
As a guy living in Kittery, I can assure you that a lot of people cross over the bridge into New Hampshire as it is for groceries, gasoline and most everything else. Im one of them. (Seacoast New Hampshire)
Costco fourth-quarter profit up 7% Oct 8, 2008
NEW YORK Costco Wholesale Corp reported a higher quarterly profit on Wednesday as price-conscious shoppers headed to the discount retailer's warehouse locations for bargains on food and gasoline ... Costco also operates gasoline stations at many of its locations, typically offering prices cheaper than those of local competitors ... Excluding gasoline price inflation, it said U.S. comparable sales would have been up 6 percent. (San Diego Union-Tribune -- Business)
Energy Department warns of higher heating costs Oct 8, 2008
WASHINGTON Heating U.S. homes with oil this winter will cost a painful $450 more than a year ago, another slap to families already reeling from high gasoline and food costs and fearful of losing their heat because of unpaid bills ... And it follows a summer of record $4-a-gallon gasoline, a booming credit crisis, a struggling economy and growing unemployment. (San Diego Union-Tribune -- Business)
Is the Green Movement Hurting Poor Blacks? Oct 8, 2008
Adding to that, gasoline still hovers near $4 a gallon, and the public demands more domestic energy production. A recent that 67 percent supported new offshore fossil fuel exploration. (Slate)
Gold prices climb as investors seek safe-haven Oct 8, 2008
"This bailout plan has not been the magic bullet that many people hoped it would, so gold is catching some of the safe-haven bid from that,'' said Matt Zeman, head trader at LaSalle Futures in Chicago. December silver rose 9.5 cents to settle at $11.38 an ounce on the Nymex, while December copper fell 15.55 cents to settle at $2.5345 a pound. A slightly weaker dollar Tuesday also supported gold. A falling greenback encourages investors to buy precious metals as a hedge against inflation or... (The Star Online, Malaysia -- Business)
Time To Bail Oct 8, 2008
Kashkari may be young, but he's had his hand in a number of big issues, including helping the administration come up with a response to the mortgage meltdown and creating President Bush's "Twenty in Ten" energy plan, which aims to reduce U.S. gasoline consumption by 20% by 2017. Kashkari will ultimately be responsible for choosing who gets chosen to manage the bailout. (Forbes -- Business)
America's Energy Billionaires Oct 8, 2008
Their father Fred invented a method of turning heavy oil into gasoline. Charles, David and their two other brothers inherited Koch Industries after their father's death in 1967. (Forbes -- Business)
Thousands turn out for Palins Jacksonville rally Oct 8, 2008
get rising gasoline and food prices under control. make health care more accessible and affordable. (Jacksonville Business Journal, FL)
Electric bikes and scooters selling well in Jacksonville Oct 8, 2008
It costs about $20 in electricity to power an electric bike for 5,200 miles, compared with the $260 in gasoline needed to power a scooter for the same distance ... How well scooters sell in the future depends on the price of gasoline, said Jed Klimas, general manager. (Jacksonville Business Journal, FL)
