Friday, September 26, 2014

Gasoline Prices Drifting Downward -- September 26, 2014

The AP is reporting much of the country is seeing gasoline priced below $3/gallon:
The price of a gallon of gasoline may soon start with a "2'' across much the country.
Gasoline prices typically decline in autumn, and this year they are being pulled even lower by falling global oil prices. By the end of the year, up to 30 states could have an average gasoline price of less than $3 a gallon.
The average in Springfield, Missouri, is already below $3, according to Tom Kloza, chief oil analyst at the Oil Price Information Service and Several other cities are on the brink.
In the Grapevine, TX, area, the price of the least expensive gasoline is about $3.19. I wouldn't be surprised to see $2.99/gallon before Halloween.

The EIA provides inflation-adjusted gasoline prices here

A Note to the Granddaughters

Perhaps one of the best cross-country trips I have ever taken was the trip we took this past summer with both granddaughters from Dallas, TX, to Los Angeles, CA, with a two-day stop in the Grand Canyon area.

I picked up two books on Mary Colter. I never would have expected that reading about Mary Colter would help me appreciate a scene in Inside Llewyn Davis that takes place in a Fred Harvey restaurant in Chicago.

But I digress. The other day a book by Judith Nies, Unreal City: Las Vegas, Black Mesa, and The Fate of the West, c. 2014, was featured at the local library. The inside cover has a map of the Grand Canyon area to include the Black Mesa Coal Field. Having just spent two wonderful days in the  Grand Canyon, I was curious to know more of the history.

I have only read the introduction and the first two chapters. I don't know where the book will take me, but it is fascinating reading. With the Navajo Generating Station recently in the news, the book is incredibly timely and topical.

The author begins the story with a fund-raising event in Phoenix, back in 1982, with Robert Redford (the actor), Arizona's governor Bruce Babbitt, Senator Barry Goldwater, representatives of the Hopi Nation, and executives of the five companies that owned Peabody Coal through a private holding company (Peabody Holding Company): Newmont Mining, Boeing Corporation, Equitable Life Insurance Company of New York, Bechtel, and Fluor Engineering.

Yes, the book likes quite fascinating.

No comments:

Post a Comment