All Posts Tagged With: "Fuel Costs"
Can Inflation Save Canada from Recession?
Canada’s consumer price inflation rose 2.2% year-over-year in May, edging ahead as the Bank of Canada signaled it would last week. The spike suggests Canada’s economy of is also sputtering alongside that of the United States, but soaring commodities costs just may help our northern neighbor skirt recession.
What Has Really Changed?
What has really changed?…importing inflation…hoping to prove Friedman wrong…Can the U.S. central bank really begin fighting inflation in a serious way? Ah, dear reader - there’s a cruel twist to this story…The cure for high prices is high prices…and so the global economy lurches forward…and more!
Trucking Dies & Railroads Fly When Diesel Fuel Crests $3.00
Rail has a powerful tenfold advantage over trucking when fuel costs are high. Heavy Trucks require 3,357 BTU per short ton mile while Class 1 Railroads use only 341 BTU per short ton mile.
India Fuels Inflation by Bailing Out Refineries
Soaring oil prices have forced Indian authorities to raise subsidized fuel prices and risk propelling inflation that is already running at a three-year high.
Titanium is Flying High
As a result of soaring fuel costs, aircraft demand forecasts are being revised… upwards. Yes, that’s the latest news. What has happened to all the green intentions that columnists are trying to inspire?
Crude Back on the Upswing
In the energy market Wednesday, crude for July delivery rose after Tuesday’s knockdown, closing at $131.03/barrel, up $2.18. July reformulated gasoline gained 6.78 cents, to $3.4476/gallon.
National Gas Prices
I hope you enjoyed the Memorial Day weekend - and that your wallet still has a pulse if you did any traveling.
An Ominous Map
Look at a nationwide map of foreclosures, and you just might be looking at a hollowed-out future of exurban America. I alluded to this phenomenon a couple of days ago in musing over Sen. Obama’s ill-considered remarks that implied giving the developing world effective veto power over American driving and dietary habits.
Silent Spring for Aviation
Silent Spring For Aviation. My recent flight down to Texas offered some perspective on the future of aviation. And that future is bleak.
Are Solar-Powered Cars the Answer to High Gas Prices?
With the gas prices nearing $4 a gallon in many parts of the US, one of the alternatives people are starting to talk about is solar-powered cars.
Google says the term “solar powered car” is one of the hottest search trends on the internet, as Americans seek alternatives to high fuel costs.
According to a recent Lehman Brothers report, the solar-powered-car revolution may not be coming anytime soon. The Wall Street bank in predicting crude oil prices at $83 a barrel in 2009 and as low as $70 in 2010.
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