Word: gallons
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...lost. I know the dropping price of gas is an ominous indication of the contracting global economy, but I cheer up every time I drive by the pump ($1.78 a gallon!) in my new gas-sipping subcompact. Like some of my neighbors, I downsized last spring after years of driving a relative gas gulper. Small businesses nearby - the outfitter's store, the little cheesecake shop, the coffeehouse, even the independent bookstore - are still open. Word has it that one neighbor finally found a new job and another started a new career. Even die-hard Republicans have high hopes...
...admitted car nut, he proudly shows off the vintage cars he keeps in a special area inside the dealership. There, 15 mint-condition cars gleam amid old Skelly gas signs and an antique manual pump frozen at 19 cents a gallon. A juke box features Sinatra, the Ink Spots and Peggy Lee. The colors are spectacular. There's the two-toned gray and salmon '55 Bel Air and the silky green '57 Thunderbird convertible. How could a country look at cars like that and not fall in love...
...local government, are no longer growing at double-digit rates, they were still up almost 5% in November over the same time last year. Perhaps the best holiday news for Texans, who see long-distance drives as a way of life, is that gas is down to $1.35 a gallon in many parts of the state. But that happy fact may be the harbinger of tough economic times in 2009 for the Oil Patch. (Read "Black Gold: It's Time to Raise...
...prices began to fall in late summer, after gas topped $4 a gallon, and the drumbeat of bad economic news has sent them ever lower. "Prices got to an insane level," Texas economist M. Ray Perryman says, "but they are equally insane now." With the price of a barrel of oil hovering in the $45 range and natural gas cut in half from a high of $14 per thousand cubic feet, the domestic energy sector is now at a critical "tipping point," Perryman says. If prices dip lower, he adds, the pace of the slowdown will quicken as domestic...
...engineers have also improved both the horsepower and the fuel economy on both the V8 and V6 versions. While the final numbers aren't available yet from the U.S. Environmental Protection Agency, Ford is expecting that the V6 version will get a "best-in-class," 26-miles per gallon. The "Five-Star" crash rating is also unchanged. "You can be riding in a $1.8 million Bugatti and you won't get any better protection," says Randle. The 2010 Mustang will also come with a completely new suspension based on the one used in the special "Bullitt" edition Ford...