Free Republic

April 28 convoy to Washington, DC, will protest fuel prices As a rocky economy continues to beat up the trucking industry, many truckers around the country are banding together to show their outrage at high fuel prices and how they are struggling to just break even.OOIDA members Michael “JB” Schaffner of Nocona, TX, is one of the organizers of a national truck convoy and rally scheduled for Monday, April 28, in Washington, DC. The group is protesting rising fuel costs and how they are negatively affecting the entire economy. Click here for rally and route information.“People need to wake up...

RIDGEFIELD, N.J. -- Truckers angry about the high price of fuel staged a rolling protest on Tuesday, using their big rigs to slow traffic to a crawl on the New Jersey Turnpike. The protest was part of a loosely organized nationwide effort by independent truckers to draw attention to the high prices they face. On the Turnpike, southbound rigs "as far as the eye can see" slowed to about 20 mph near Newark around lunchtime -- jamming traffic on one of the nation's most heavily traveled highways. State Police said several drivers were issued tickets as troopers broke up the...

The Fed is bailing out banks that irresponsibly loaned money to home buyers (that the home buyers could not afford to pay back). Meanwhile, many Americans are blithely waiting for their IRS “rebate” checks – a feel-good, election year tactic to “stimulate the economy.” Yet the United States is facing a different – and serious – economic crisis. If this crisis is left unchecked, it could leave grocery stores with empty shelves and the local mall with fewer gadgets and gizmos. In 1987, I purchased my first truck for $50,000 and my first trailer for $9,000. Fuel was 67 cents...

The energy bill to be signed by the president today is arguably the worst piece of energy legislation ever enacted into law. It will substantially increase the price of automobiles, increase highway fatalities, increase fuel prices, worsen air pollution, and force consumers to buy products (like super-efficient light bulbs) that they manifestly -- and for very good reason -- do not want to buy. It will transfer huge amounts of wealth from the consumer to the farm lobby in the course of promoting a dubious product -- ethanol -- that will make energy supplies less reliable and greenhouse gas emission...

LONDON (Reuters) - An influx of fresh fund buying and geopolitical worries will most likely push oil prices to new record highs soon, analysts said on Tuesday, while the most bullish predicted prices to eventually climb to $100 (57 pounds) a barrel.Supply concerns in Nigeria, Iran and other key oil-producing countries have ignited U.S. crude prices , up 13 percent this year and within $2 of the all-time record high of $70.85, reached in late August 2005 in the wake of hurricane damage in the United States. Analysts predicted the market to rally even further as high oil prices have...

Another working man's boating disaster is on the way. The economy is good; but the high prices of marina fuel, marina slips, boat insurance, maintenance, is going to kill boating for a lot of working people starting this coming season. I see a repeat of the early 1990s, when I moved from the Boston area to Boston's south shore. I went to a local marina and asked to get on a waiting list for a boat slip, I knew it would take years to get in. I was laughed at, the marina operator told me he had a waiting list...

El Al profit up despite fuel prices The airline’s revenue rose 17% to $485.2 million in the third quarter, and profit was $52.2 million. Yuval Mendelson 24 Nov 05 09:39El Al Israel Airlines (TASE: ELAL), controlled by Knafaim-Arkia Holdings (TASE: KNFM), today reported its results for the third quarter of 2005. The report can be summarized as an improvement, despite higher fuel prices. It is important to mention that, over the past year, ticket prices charged by El Al and other international airlines have risen along with fuel prices. El Al posted a $52.2 million net profit in the third...

The President has spoken several times about Biodiesel, and then I find out a friend in Maine has a neighbor who makes it in his garage. Of course I was intrigued.If I had a diesel car I'd probably make it myself.Anyway, it seems pretty interesting.

Nigerian Strike To Focus On Oil ExportsNigeria’s largest labor organization has called for its 2nd national strike — to start Nov. 16 — against recent government hikes in the domestic retail oil price. This strike, however, is strategically aimed at stopping Nigeria’s lucrative oil exports. Nigeria is the world’s seventh largest oil producer, and is the fifth largest provider of oil imported by the United States. If the strike is effective, its effects could ripple through the global oil economy, causing wholesale prices to rise beyond its recent record levels, and raising U.S. gas and fuel prices.

If you think your gas bill is high, you ought to see Larry Dean's. His business, Allied Powder Coatings, uses natural gas to fire enormous ovens that bake coatings onto everything from shabby patio furniture to airplane parts. "Our gas bill started creeping up and then jumped 40 percent year before last," Dean said. "Then it went up last year, and (I) think it is going to go up again this year. My gas bill is like $10,000 a month." And when he passes on those costs to customers, he sometimes catches heat from them. Dean's not alone, not by...

LOS ANGELES #150; A sure sign that summer is on the horizon appeared Tuesday when AAA reported that the price of gasoline had reached its highest level since early November. The national average for a gallon of self-serve regular climbed 9.5 cents in the last month to $1.215 a gallon on the back of higher crude prices and the anticipation of higher demand in summer. quot;While gas prices are still lower than they were last year at this time, the combination of Middle Eastern strife, a stronger economy and the traditional switch from winter to more expensive summer-grade gasoline are...