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...this story had been written a few months ago, that exchange might have been the gist of it - white working-class voters left cold by Barack Obama. But then Holly came back with exactly the thing Obama might hope she would say: "Yeah, and we got $3.74 gas too." For many Americans, the price of gas remains shorthand for a whole world of economic woes...

Author: /time Magazine | Title: For White Working Class, Obama Rises on Empty Wallets | 10/12/2008 | See Source »

...industry, still Germany's biggest employer, is the worst hit. High gas prices in key markets such as the U.S. have slowed sales for months. Some consumers have been waiting for more fuel-efficient models, while many more are now delaying new purchases because of uncertainty over their jobs. Thanks to the credit crunch, even people who want to buy are finding finance has dried...

Author: /time Magazine | Title: Germany's Car Industry Crashes | 10/11/2008 | See Source »

...Speaking at the Paris Motor Show earlier this month, Carl-Peter Forster, president of GM Europe, said that car sales were falling fast across Europe and that higher gas prices had made the cost of car ownership prohibitive. To own and operate a car in Germany now costs 25.5 % more than it did in 2000, he said, while the consumer price increase has only been 15.6 %. Forster believes carmakers need help from Europe's capitals to turn the situation around. He wants European governments to stimulate the economy, free up credit and restore consumer confidence...

Author: /time Magazine | Title: Germany's Car Industry Crashes | 10/11/2008 | See Source »

...think perceptions, both in Congress and among your constituents, have changed since you first introduced this issue in 1996? Now when I'm finished with a speech and I'm mingling around - even if the meeting were oil and gas operators in Dallas, Texas - almost always somebody will come up and say, "Hey, keep with it, Pete, I've got a nephew..." Or, "My uncle Billy had this..." In other words, it is more prevalent than you think. Out of almost any crowd somebody will tell you a story about their family. Those kinds of things are always coming...

Author: /time Magazine | Title: Senator Pete Domenici on Mental Health | 10/10/2008 | See Source »

...Cheap Gas? If you're perpetually scrambling to refill the tank before returning your rental car, Hertz has a new policy just for you: The company will refill the tank at the local per-gallon rate and just add a charge of $6.99. If you have a Hertz Business Account, rentals of compact and full-size four-doors as well as mid-size and sporty two-doors earn an extra day free, now through December...

Author: /time Magazine | Title: Travel News: Italy Promises Star Ratings for Hotels | 10/10/2008 | See Source »

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