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Cheaper gas lowers
U.S. consumer prices 0.3%
Associated Press, by Christopher S. Rugaber
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Original Article
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Posted By:Ribicon, 12/14/2012 2:02:20 PM
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| Washington — A steep fall in gas costs pushed down a measure of U.S. consumer prices last month, keeping inflation mild. The seasonally adjusted consumer price index dropped 0.3 percent in November from October, the Labor Department said Friday. Gas prices fell 7.4 percent, the steepest drop in nearly four years. That offset a 0.2 percent rise in food prices. In the past year, consumer prices have risen 1.8 percent, down from October´s 12-month increase of 2.2 percent. Excluding volatile food and gas, prices ticked up 0.1 percent in November and have risen 1.9 percent in the past year. Higher rents, airline
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Comments:
Posted for comic value; notice how they include or exclude key items such as energy, fuel, and housing in order to produce the desired results. Vast bulk of government-educated drones take news at face value, ignore rising prices everywhere.
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Reply 1 - Posted by:
pomom, 12/14/2012 2:07:41 PM (No. 9065657)
I can´t figure out what to do with the $5.00 I just saved on my last fill up. Oh yeah, I´ll save it to pay the extra taxes next year.
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Reply 2 - Posted by:
Rather Read, 12/14/2012 2:13:00 PM (No. 9065668)
Small consolation. Gas prices will will go up - way up and so will taxes. God forbid the government give up a ha´penny of revenue.
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Reply 3 - Posted by:
nimby, 12/14/2012 2:22:46 PM (No. 9065692)
The $3.25 I saved on gas went towards milk which is running at $4 a gallon.
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Reply 4 - Posted by:
civilservant, 12/14/2012 2:43:24 PM (No. 9065733)
IMHO, they are simply selling as much as they can THIS year, since the tax burden next year will destroy demand and profits for the company.
And they have to pay for exploration and extraction SOMEHOW.
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Reply 5 - Posted by:
Davids918, 12/14/2012 2:50:52 PM (No. 9065744)
This is THE issue for Republicans.
Affordable gasoline - drill more here and the costs aren´t as high to transport, to refine, etc...
And it´s jobs!
Pipeline, steel making, truck drivers, construction, refining, and lots more.
We are a consumption economy so higher price of gasoline will hurt the buying-power of the average American. Don´t forget that the Social Secuity tax will be restored to 6.2% which will be a bit less in our pockets come Jan 1st.
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Reply 6 - Posted by:
pineledger, 12/14/2012 3:41:16 PM (No. 9065847)
And cooks the books.
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Reply 7 - Posted by:
sgtfox of the jarhead clan, 12/14/2012 6:16:58 PM (No. 9066114)
Gas has to drop a long way before it hits the price when Bush left office at $1.84 per gallon.
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Reply 8 - Posted by:
oh-heck, 12/14/2012 6:33:33 PM (No. 9066153)
The real message is that the administration is cooking the books and the press is helping. The administration took food and fuel out of the inflation index in order that it not look too ugly. Now that gas is coming down somewhat but the rest is showing and an increase, the press dutifully reports that prices are lower. Swine.
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Reply 9 - Posted by:
Boneshaker, 12/14/2012 8:10:22 PM (No. 9066299)
Goes goes up to 225% of the 2008 price when Obama was elected and not a whimper from the MSM.
Then it drops back to only 200% of the 2008 base price and it becomes a national holiday.
Meanwhile, a pound of the cheapest ground beef is still pushing the $5 mark.
.
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Reply 10 - Posted by:
Islander, 12/15/2012 1:25:16 AM (No. 9066655)
Errr .... foaming at the mouth folks, Reality Check.
The reason prices are going down is because supply in the US is going UP due to the additional 1 million barrels/day production we´ve added over the past 2 years from the South Texas Eagle Ford and North Dakota Bakken shale formations.
Btw ... and imports have gone down an equal amount. That´s $86 million/day NOT leaving the US any more.
And we´re adding an additional ~50K/day more per month. Biggest bottle neck at the moment is we can´t build pipelines fast enough to carry it all to refineries.
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Reply 11 - Posted by:
Trigger2, 12/15/2012 4:16:56 AM (No. 9066750)
It´s only cheaper now. Congress is already eyeing raising federal taxes on it.
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Below, you will find ...
Most Recent Articles posted by "Ribicon"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Ribicon"
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So why is radar showing a
mysterious blob above Redstone
Arsenal? No one seems to know
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Huntsville Times [AL], by Leada Gore
Original Article
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Posted By: Ribicon- 6/5/2013 12:38:17 AM
Post Reply
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Researchers at the University of Alabama in Huntsville and the National Weather Service are working to figure out why radars are showing a mysterious blob above Redstone Arsenal after 1:45 p.m. today, the Times´ news partner WHNT News 19 is reporting. The anomaly showed up late this afternoon and was centered near the northwest edge of Redstone Arsenal close to Zierdt Road and Madison Boulevard/I-565. WHNT reported it was first believed the radar image was being caused by a damaged substation in the Madison or West Huntsville area. However, Huntsville Utilities used a spectral analyzer to see
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Star Wars star Mark Hamill
searches through a public ashtray
for used cigarette butts... which
he smokes in his luxury BMW
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Daily Mail [UK], by Staff
Original Article
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Posted By: Ribicon- 5/30/2013 12:28:04 AM
Post Reply
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As Luke Skywalker he was one of the most recognisable stars of his generation. So it is all the more shocking to see the bizarre sight of Mark Hamill searching through an ashtray for used cigarette butts. A series of images clearly show the veteran actor rummaging through the public ashtray outside a Los Angeles recording studio on Thursday. (Snip) Looking out of shape, 61-year-old Hamill then heads to a burger joint. After buying a burger and soda he eats in his car, before throwing the fast food trash bag on the road outside his vehicle. Mark then heads
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Sallie Mae to split loan and banking
businesses into two separate companies
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Associated Press, by Staff
Original Article
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Posted By: Ribicon- 5/29/2013 1:54:35 PM
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Sallie Mae plans to split into two separate, publicly traded companies. The student loan giant also named John Remondi as its chief executive officer. Sallie Mae, formally named SLM Corp, said Wednesday that the two separate companies – an education loan management business and a consumer banking business – would help unlock value and boost its long-term growth potential. The education loan management business would include the company´s portfolios of federally guaranteed and private education loans, as well as most related servicing and collection activities. Remondi will continue as its chief executive. The principal assets of the business are likely to include
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Bolts along Bay Bridge bike path fail
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San Francisco Chronicle, by Jaxon Van Derbeken
Original Article
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Posted By: Ribicon- 5/29/2013 1:48:45 PM
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Numerous bolts used to anchor the railing along the bicycle path on the new Bay Bridge eastern span have failed, forcing Caltrans to make plans to replace hundreds of the steel parts, The Chronicle has learned. Crews that built the railing committed what experts called a basic mistake - they welded the bolts in place firmly in their slots rather than leaving a small amount of room to accommodate a natural expansion of the bicycle path that happens in hot weather. As a result, scores of the 1-inch-diameter bolts have been sheared off along the 1.2-mile bike path
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Germany may fall short of EV target
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Detroit News, by Dorothee Tschampa
Original Article
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Posted By: Ribicon- 5/29/2013 1:06:32 PM
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As Joachim Sander looks for a new car, he’s thinking it might be time to go electric. German Chancellor Angela Merkel will need the help of the Frankfurt IT consultant — and a lot more like him — to keep her word. Three years after Merkel said she wants to see 1 million battery-powered cars on German roads by 2020, there has been scant progress: On Jan. 1, only 7,114 of Germany’s 43.4 million passenger vehicles were electrics. Even adding hybrids powered with both electricity and conventional fuels brings the number to just 72,109. “Our plans and projects are ambitious, but
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Audit says 20,000 inmates were
mistakenly paid nearly $24M
in state and federal benefits
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Star-Ledger [Newark, NJ], by Ryan Hutchins
Original Article
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Posted By: Ribicon- 5/29/2013 12:48:08 PM
Post Reply
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Trenton — At least 20,000 inmates locked up in New Jersey’s prisons and jails were improperly paid nearly $24 million in benefits from state and federal programs over a two-year period, an audit by the state comptroller’s office has found. More than $10 million in unemployment benefits were paid to more than 7,600 inmates, according to the findings, which were released this morning. In one case, the audit found that an inmate collected unemployment payments for a year — totaling about $39,000 — while incarcerated for a drug offense. “Suffice it to say that when thousands of inmates are collecting unemployment checks
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Pressure cooker in bathroom
causes Dearborn hotel evacuation
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Detroit News, by Staff
Original Article
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Posted By: Ribicon- 5/28/2013 1:25:48 AM
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Dearborn — A Dearborn hotel was evacuated for a few hours Sunday night after a woman found a pressure cooker in a bathroom during a Muslim conference on faith. The cooker was discovered on the second floor of the Adoba Hotel about 9:45 p.m., prompting Dearborn police to detonate it as a precaution. It did not contain explosives, Dearborn police said. Two witnesses told The Detroit News police evacuated at least three floors of the hotel once known as the Hyatt Regency. Among them were guests of a wedding and attendees of the Conference of Ali, a three-day conference
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Pressure cooker scare in Mountain View
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San Francisco Chronicle, by Mike Moffitt
Original Article
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Posted By: Ribicon- 5/28/2013 1:25:34 AM
Post Reply
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Mountain View — The area around the San Antonio Shopping Center in Mountain View was shut down this evening and buildings evacuated after a resident spotted a pressure cooker near a building, according to police. The resident at 545 San Antonio Road called police around 6:10 p.m. Sunday to report seeing a pressure cooker in the bushes near the building’s lobby doors, police said. Police responding to the scene used an infrared device to determine that the pressure cooker was radiating heat. At that point, police set up a perimeter around the area contained by California Street, San Antonio Road,
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Breakthrough in fight against
pre-eclampsia: Scientists may
have found cause of the life-
threatening pregnancy condition
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Daily Mail [UK], by Jenny Hope
Original Article
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Posted By: Ribicon- 5/28/2013 1:09:40 AM
Post Reply
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Scientists may have found the cause of the life-threatening pregnancy condition pre-eclampsia – using a gas that smells like rotten eggs. Tests suggest giving hydrogen sulfide to pregnant women at risk of pre-eclampsia could prevent them developing the condition and protect the growth of their babies. The chemical compound is produced naturally in the body, but levels appear to be lower in some women. Scientists say that if used safely in the form of a drug it can make up for this natural shortfall and help maintain a healthy blood flow to the placenta – the baby’s life-support system
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´Crack baby´ scare overblown,
teen research says
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Associated Press, by Lindsey Tanner
Original Article
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Posted By: Ribicon- 5/27/2013 10:24:16 AM
Post Reply
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Chicago — Research in teens adds fresh evidence that the 1980s "crack baby" scare was overblown, finding little proof of any major long-term ill effects in children whose mothers used cocaine during pregnancy. Some studies have linked pregnant women´s cocaine use with children´s behavior difficulties, attention problems, anxiety and worse school performance. But the effects were mostly small and may have resulted from other factors including family problems or violence, parents´ continued drug use and poverty, the researchers said. They reviewed 27 studies involving more than 5,000 11- to 17-year-olds whose mothers had used cocaine while pregnant.
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Breaking: Rep. Jo Bonner
resigning from Congress
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Press-Register [Mobile, AL], by George Talbot
Original Article
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Posted By: Ribicon- 5/23/2013 4:25:43 PM
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Mobile - U.S. Rep. Jo Bonner, R-Mobile, confirmed today that he intends to resign from Congress later this year and take a job at the University of Alabama. Bonner, 53, has represented Alabama´s 1st Congressional District since taking office in 2003. He was re-elected in November with no Democratic opponent. Bonner´s office had no immediate comment but said the congressman planned a "major announcement" at a 4 p.m. news conference today in Mobile. Bonner will leave Congress effective Aug. 15 for a position as vice chancellor of government relations and economic development at the University of Alabama System, according to
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Gun control: Cartridge
ID law to take effect
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San Francisco Chronicle, by Bob Egelko
Original Article
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Posted By: Ribicon- 5/19/2013 2:34:55 PM
Post Reply
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A hotly contested gun-control law that was passed in 2007 is finally ready to be implemented, Attorney General Kamala Harris said Friday: a requirement that every new semiautomatic handgun contain "micro-stamping" technology that would allow police to trace a weapon from cartridges found at a crime scene. The law, signed by then-Gov. Arnold Schwarzenegger, made California the first state to require micro-stamping, which engraves the gun´s serial number on each cartridge. (Snip) But at a Los Angeles news conference Friday, Harris announced that micro-stamping had cleared all technological
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Most Active Articles (last 48 hours)
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Rubio: In immigration reform,
legalization comes first.
‘It is not conditional.’
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Washington Examiner, by Byron York
Original Article
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Posted By: KarenJ1- 6/10/2013 1:07:52 PM
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In a Spanish-language interview Sunday with the network Univision, Sen. Marco Rubio, the leading Republican on the Gang of Eight comprehensive immigration reform group, made his strongest statement yet that legalization of the nation’s 11 million currently illegal immigrants must happen before any new border security or internal enforcement measures are in place, and will in no way be conditional on any security requirements. “Let’s be clear,” Rubio said. “Nobody is talking about preventing the legalization. The legalization is going to happen. That means the following will happen: First comes the legalization.
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We can´t trust Obama
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Los Angeles Times, by Jonah Goldberg
Original Article
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Posted By: LittleHoodedMonk- 6/11/2013 3:37:08 AM
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The contradictions at the heart of the Obama presidency are finally out in the open. As a result, a man who came into office hellbent on restoring faith in government is on the verge of inspiring a libertarian revival. There have always been (at least) two Barack Obamas. There is the man who claims to be a nonideological problem-solver, keen on working with anybody to fix things. And there is The One: the partisan, left-leaning progressive-redeemer. (Snip) The dilemma for Obama is that neither is panning out because both incarnations rely on trust. The president never had much trust among
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Edward Snowden: 10 things to know
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Politico, by Tal Kopan
Original Article
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Posted By: LittleHoodedMonk- 6/10/2013 9:21:47 PM
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Edward Snowden burst in public view when the 29-year-old identified himself as the source of leaks about the National Security Agency’s surveillance of Americans. Here are 10 things to know about Snowden. 1. Doesn’t have a high school diploma. According to The Guardian, which published the first story about the NSA surveillance, Snowden never finished his high school coursework, taking classes at a community college in Maryland but not completing those, either. The paper reported he did obtain a GED later. 2. Donated to Ron Paul. Zeke Miller of Time reported that Snowden made two
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Bolton: NSA leaker Edward
Snowden is guilty of treason
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WLSAM.com, by Staff
Original Article
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Posted By: KarenJ1- 6/10/2013 11:55:04 AM
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(CHICAGO) There is a lot of reaction on WLS this morning to the identification of the man who leaked information last week, about the U.S. Government’s secret surveillance program, which allows the National Security Agency to monitor the phone calls and emails of Americans. Former U.S. Ambassador John Bolton told Bruce Wolf and Dan Proft on WLS that he thinks admitted leaker Edward Snowden, is guilty of treason: "Number one, this man is a liar. He took an oath to keep the secrets that were shared with him so he could do his job.
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Sources: Pats to sign Tim Tebow
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ESPN.com, by Ed Werder
Original Article
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Posted By: Kingbubo- 6/10/2013 5:39:04 PM
Post Reply
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The New England Patriots will sign Tim Tebow, league sources told ESPN. The Patriots are signing Tebow, who is expected to participate in the team´s mandatory minicamp Tuesday, as a quarterback, according to sources. The move reunites Tebow with Patriots offensive coordinator Josh McDaniels, who was the Broncos' head coach when Denver traded into the first round to draft the Heisman Trophy winner in 2010. Patriots head coach Bill Belichick often has spoken with admiration for Tebow's versatility, intelligence and character. Belichick covets what he has described as tough, smart, versatile football players.
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Obama: ‘We Owe´ Young
Illegals a Path to Citizenship
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Cybercast News Service, by Fred Lucas
Original Article
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Posted By: KarenJ1- 6/11/2013 7:39:19 PM
Post Reply
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President Barack Obama said Tuesday that America “owes” it to certain illegal aliens to pass legislation providing a “pathway to citizenship.” “We owe it to America to do better,” Obama said in the East Room of the White House. “We owe it to the Dreamers to do better.” Obama then went on to cite several young people in the audience. Obama and supporters of the immigration reform legislation have called people who were taken into the United States illegally by their parents “dreamers.” Democrats previously supported the DREAM Act that would allow illegals who attend college or
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Obama Admin Considers Resettling
Thousands of Syrian Refugees in U.S.
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Breitbart´s Big Peace, by Kerry Picket
Original Article
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Posted By: KarenJ1- 6/11/2013 2:54:45 PM
Post Reply
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The Obama administration is considering resettling thousands of refugees who left Syria during the country´s ongoing civil war to multiple towns and cities across the United States, the L.A. Times reports. A resettlement plan under discussion in Washington and other capitals is aimed at relieving pressure on Middle Eastern countries straining to support 1.6 million refugees, as well as assisting hard-hit Syrian families. (Snip) U.N. refugee officials, along with diplomats and non-governmental relief groups, are scheduled to meet in Geneva this week to discuss potential resettlement plans. Germany has already agreed to take 5,000 refugees.
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Hillary’s Sorry State of Affairs
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New York Post, by S.A. Miller & Geoff Earle
Original Article
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Posted By: StormCnter- 6/11/2013 5:04:49 AM
Post Reply
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WASHINGTON — A State Department whistleblower has accused high-ranking staff of a massive coverup — including keeping a lid on findings that members of then-Secretary Hillary Clinton’s security detail and the Belgian ambassador solicited prostitutes. A chief investigator for the agency’s inspector general wrote a memo outlining eight cases that were derailed by senior officials, including one instance of interference by Clinton’s chief of staff, Cheryl Mills. Any mention of the cases was removed from an IG report about problems within the Bureau of Diplomatic Security (DS), which provides protection and investigates crimes involving any State Department workers overseas.
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Prosecute Snowden
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National Review Online, by John Yoo
Original Article
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Posted By: Dreadnought- 6/10/2013 8:13:20 PM
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Edward Snowden should go to jail, as quickly and for as long as possible. This is a leak case that should be difficult for even Eric Holder to bungle. Snowden has already confessed in public to the crime of leaking classified information. He has said in public how he did it, that he did it with intent, and that he knowingly harmed our national security. Holder will finally find a leaker that he can prosecute. But given the Holder Justice Department’s record on the other leak cases, who wants to take a bet
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Natural disasters not odd coincidences
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USA Today, by Robert Redford
Original Article
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Posted By: KarenJ1- 6/11/2013 2:17:03 PM
Post Reply
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Like a lot of people, I felt reassured earlier this year when President Obama spoke of the need to combat climate change for the sake of our children. The president demonstrated leadership that night in that State of the Union address by making it clear that he doesn´t see extreme heat waves, powerful storms like Hurricane Sandy, the most severe drought in decades and the worst wildfires ever in some states as just weird coincidences. He demonstrated leadership by calling out Congress, saying if it doesn´t act soon, he will take executive
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“We don’t take girls”: Hillary
Clinton and her NASA letter
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Space Review, by James Oberg
Original Article
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Posted By: Scottyboy- 6/10/2013 2:03:50 PM
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The fiftieth anniversary of the first woman in space is a fitting hook to look back over the long process of enabling gender-independent access to the final frontier. One of the interesting secondary tales associated with this theme is the campaign story offered by Hillary Clinton that, in 1961–2, she wrote to NASA about her interest on becoming an astronaut, and they dismayed and angered her by replying, “We don’t take girls.” (snip) The story is clearly politically useful, and comments on its actual authenticity have predictably split along partisan lines.
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Elementary School Beginning
Toy Gun Turn-In Program
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Breitbart´s Big Government, by William Bigelow
Original Article
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Posted By: KarenJ1- 6/10/2013 2:49:04 PM
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Strobridge Elementary Principal Charles Hill has a brilliant idea: he’s holding a toy gun exchange next Saturday in which students of the Hayward, CA school can turn in a toy gun to receive a book and a raffle ticket to win one of four bicycles. Really. Hill believes that children who play with toy guns may not think real guns are dangerous. “Playing with toy guns, saying ‘I’m going to shoot you,’ desensitizes them, so as they get older, it’s easier for them to use a real gun,” he claims. Hill was inspired by a school photographer,
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