Word: perring
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Dates: during 2000-2009
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...entire entertainment and leisure budget," says Michael Pachter, an analyst who tracks video games at the securities firm Wedbush Morgan. "You're going to see a shift from high-cost forms of entertainment to low." Parents may cancel a Christmas ski trip that would cost about $40 per hour, the logic goes, and instead spring for Nintendo's Wii Fit so the family can do some virtual skiing through the long, cold winter at a cost of $1 per hour...
...sales of big gas-guzzling vehicles have collapsed. If we see that kind of change it becomes a much longer term issue with long-term demand destruction." In the short term, there's simple math. The average driver goes about 12,000 miles a year at 20 miles per gallon, says Ken Medlock, an Energy Fellow at the Baker Institute at Rice University in Houston, Texas. If gasoline drops $1.50 the $900 that Joe Average Driver saves would amount to a big stimulus package. According to Ed Leamer, director of the UCLA's Anderson Forecast, the current price slide could...
McCain campaign advisor Gail R. Wilensky presented her candidate’s proposal to provide tax credits of $5,000 per family or $2,500 for an individual, as well as a “Guaranteed Access Plan” for those people who cannot receive coverage due to conditions such as chronic illnesses...
...operation is easy enough to set up; one only needs a computer, the right software, and a DS3 telephone line. At a cost of as little as 5 cents per call, campaigns using this equipment can reach as many as 2,500 households a minute...
Cuba now produces about 60,000 barrels of oil per day (BPD) and consumes more than 150,000 BPD. (It also produces natural gas.) Venezuela makes up the difference by shipping almost 100,000 BPD to Cuba. The University of Miami's Pinon says the more serious issue is refining capacity: even if Cuba has only the low estimate of 5 billion bbl. - which could yield more than 300,000 BPD - it needs Venezuela's investment to upgrade refineries like the Soviet-built plant at Cienfuegos. But plummeting crude prices mean that Chávez may have a lot less...