Browsing All posts tagged under »Gasoline«

Economy: At Least It’s Not A Depression

December 1, 2008


The economists made it official today. The U.S. is in a recession, and it didn’t start yesterday. It started a year ago, last December. But you probably already knew that. The statistics for today, Dec. 1, are suitably negative. The Dow-Jones rolled downhill all day. It closed down 679.95 (that’s -7.7 percent) at 8149.09. Other […]

Recession Is the End for U.S. Newspapers As We’ve Known Them

July 2, 2008


The Recession of 08 and 09 will be a nail in the coffin for some U.S. industries. For big newspapers, airlines, and automakers, the recession is the end of business as usual, the end of business as they have enjoyed it for the past half-century. The industries will survive in some form, I guess, but […]

Half A Tank Of Gas To Ocean City

May 26, 2008


I predict a good season for Ocean City. A sunny and clear Memorial Day weekend is a good omen, of course. But my prediction is not based on the sunshine or any current “inside” business information. I’m going by the gasoline shortage of the 1970s. Today, we have $4 gas, but no symptoms of shortage. […]