Entries from Gothamist tagged with 'oilprices'
June 8, 2008
Since the cost of a barrel of oil jumped $11 on Friday, helping the stock market drop 400 points, gas stations in the area made sure to raise their prices, too. The Post reports that many stations were charging $4.50/gallon or more! While the AAA says national average for gas has gone over $4/gallon for the first time this weekend, many gas stations in the area have been near or above that for a few......
Continue Reading "Gas Prices Continue Their Rise"June 5, 2008
More troubles from the airline sector: United Airlines and Continental Airlines announced measures to cut costs through decreasing its workforces and total number of flights. This comes as other carriers have announced higher fares, less flights, and additional charges. United is not only eliminating another 1,100 jobs and cutting domestic flights by 14%, it's also ending its discount airline Ted (USA Today reports Ted's "56 Airbus A320s will be reconfigured with United First-class seats"). United's......
Continue Reading "United, Continental Announce Cuts in Jobs, Flights"May 24, 2008
Gerritsen Beach posted this photograph of $4-and-over gasoline in Sheepshead Bay and asked, "Is this hell?" Well, for those drivers who could afford to fill up and head out of town this Memorial weekend, it might be heaven--the Daily News has two photos showing the contrast in traffic between this year's and last year's automobile rush on the Sunrise Highway. According to the AAA, 37.9 million drivers are expected on the road this weekend, down......
Continue Reading "$4/Gallon Gas Memorial Day Weekend"May 22, 2008
With oil prices rising higher and higher (they rose above $135/barrel yesterday), American Airlines says, starting June 15, it will charge passengers $15 for the first checked bag. A few months ago, American and other airlines followed United in charging $25 for a second checked bag and since these fees are one-way only, if you're bringing two checked bags, that's another $80 you'll have to add to your airline ticket. It is likely other airlines......
Continue Reading "Pack Light: American Airlines to Charge $15 for First Checked Bag"
