economy

Wednesday, September 24, 2008

Gas prices, Wall Street, and that $700 billion bailout

Burbank/August 2008 I complained a lot during the summer about the jacked-up prices of gasoline. As recently as mid-August gas prices at the pumps in Burbank were still over $4 a gallon. Then prices began to tumble.  About two weeks ago, I paid $3.70 a gallon — on Monday, I paid even less, $3.60 a gallon. I should be doing the happy […]
Saturday, August 16, 2008

Gasoline prices drop at the pumps

A couple of motorists pump gas in Burbank. Photo by FLLewis I filled up at a gas station in Burbank on Thursday. It was not as painful as it has been in weeks past – but it still hurt.  I pumped a little over eight gallons – at $4.039 a gallon – total $34.02.  That was a good deal, according to the […]
Thursday, July 3, 2008

High gas prices continue

Despite high prices millions gas up and hit the roads and highways. Today is get-away day for many folks traveling during the long 4th of July holiday weekend. The price for a gallon of gas is well over $4 in most places. Still, the Automobile Club of Southern California predicts that eighty percent of Southland travelers or 2.4 million will […]
Friday, June 27, 2008

Oil prices skyrocketing, no relief at the pumps

Our money pains at the gasoline stations are apparently going to get worse. Today, oil prices hit a new record of nearly 143 dollars a barrel. This bad news comes days before the July 4th holiday week when thousands hit the roads and highways. While out and driving in Burbank, I could not help noticing a number of brand new […]