Gas price drop brings relief

By Sharna Johnson: CNJ staff writer The drop in fuel prices over the last month haven’t just been good for consumers, it’s good for gas companies too. When fuel prices are high, gas companies have to pay more just like regular consumers. April Rutter, office manager for C&S Fuel in Portales, said it’s a relief […]

Lowered gas prices keep mischief at bay

Freedom New Mexico If there is anything resembling a silver lining in the current financial crisis, it is that the worldwide price of oil has fallen to around $70 a barrel, about half what it was some three months ago. Gasoline prices, which always lag behind oil prices, have begun to drop as well. This […]

Scrap metal prices falling

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Clovis Recycling Manager Jesus Chavarria fills a crushing machine with aluminum cans. He said the recycling operation is producing less as residents are waiting for scrap metal prices to rise. By Gabriel Monte: CNJ staff writer Following the financial slowdown, scrap metal prices have fallen and local recyclers are feeling the pressure. Maria Chavarria, who […]

Managing fuel prices not feds’ job

By Tibor Machan: CNJ columnist In genuinely free markets, prices reflect the overall intersection between supply and demand. No prices are too high or too low. Such notions express personal expectations and nothing objectively true. An exorbitant price is one someone finds beyond his budget, a good deal something well within it. In particular, if […]

Raising prices based solely on economics

Freedom New Mexico In these divisive times, there has to be a bad guy when a hurricane blows in. It can’t just be a natural phenomenon that’s bigger than us all. It has to be a Democratic hurricane, or a Republican hurricane, the bogey man’s hurricane, or a hurricane caused by us all. Somebody has […]

Sept. 5, 2008 Letters to the Editor

Local gas prices call for inquest We need a state official to look into gas prices in Clovis. I was in Lubbock on Aug. 25 and bought gas for $3.43 a gallon. I came back to Clovis and it was still $3.79. Why? Clovis people are being gouged by a very few who control the […]

Public favors lifting offshore drilling ban

Freedom New Mexico President Bush has lifted the executive ban on oil drilling on the outer continental shelf. The public increasingly sees the reasonableness of such a policy change. But no new drilling will occur as long as the Democratic congressional leadership remains opposed. Meanwhile, gasoline prices climb. Even the pioneer Get Oil Out! (GOO) […]

Despite U.S. economy, much left to celebrate

Freedom New Mexico There are far worse things than spending Independence Day at home because your household budget is not independent of skyrocketing gasoline prices. AAA’s annual holiday travel survey, released earlier this week, showed a small — slightly more than 1 percent — decrease in the number of people who will travel 50 miles […]

Clovis Udall supporters protest gas prices

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CNJ staff photo: Sharna Johnson Monday morning, Clovis and Portales members of U.S. Rep. Tom Udall, D-N.M.’s campaign protested rising gas prices outside the Town and Country Food Store at Prince Street and Llano Estacado Boulevard. CNJ staff Monday morning Clovis and Portales members of U.S. Rep. Tom Udall, D-N.M.’s campaign protested what they said […]

Economy crisis used to force lifestyle change

Freedom New Mexico To most Americans, rapidly rising gasoline prices are a serious budget problem, but are something less than a cataclysm. No one knows the future trajectory of gas prices, but Americans do know how to deal with their budgets until gas prices moderate. We will drive less, buy more fuel-efficient cars, work closer […]

Scooter sales see increase

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CNJ staff photo: Liliana Castillo Bill Pyle said he bought himself and his wife matching scooters two years ago “just to have fun on.” “But now we use them to conserve fuel,” Pyle said. “Gas prices dictated that we use them more.” By Keely McDowell: CNJ staff writer Local retailers say interest in scooters has […]

Airmen hit the road on two wheels

USAF Photo: Airman 1st Class Erik Cardenas Goggles, wraparound glasses or a full face shield that is properly attached to the helmet must be worn on a motorcycle. All must meet or exceed American National Standards Institute standards for impact and shatter resistance. By Airman 1st Class Erik Cardenas, 27th SOW Public Affairs With gas […]

Food market investments helpful, risky

Freedom New Mexico The New York Times reports that in light of the world food crisis, large private investment funds around the world are going beyond placing bets on agricultural commodities like corn, wheat, soybeans and the like. Several are buying farmland, fertilizer, grain elevators, barges and ships. They figure that although the current run-up […]

Memorial Day plans affected by fuel prices

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CNJ staff photo: Liliana Castillo Jeff Godfrey of Cleburne, Texas, pumps gas at a gas station in south Clovis on his way through town. Godfrey and his family were heading to Prescott, Ariz., for an art show where he will be displaying his art in. By Keely McDowell: CNJ staff writer Record fuel prices have […]

Food bank facing shortages

By Gabe Monte: CNJ staff writer In one month the pantries of the Food Bank of Eastern New Mexico went from full to a meager supply, according to food bank Executive Director Nancy Taylor. The food bank collects and distributes canned goods and basic food items such as rice, sugar and pinto beans to the […]

Home equity hits more than 60 year low

The Associated Press NEW YORK — Americans’ percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. Homeowners’ portion of equity slipped to downwardly revised 49.6 percent in the second quarter of 2007, the central bank reported in its quarterly U.S. Flow […]

Natural gas prices to rise

The Associated Press ALBUQUERQUE — Public Service Company of New Mexico says gas prices will be higher in March. Customers will pay about 87.77 cents per therm, which is a unit of heating. That’s an increase of 11.4 percent over February’s price of 78.79 cents and 1.6 percent higher than the 86-cent price of a […]

Domenici announces energy tax increase

DOMENICI STATEMENT ON HOUSE ENERGY TAX INCREASES             WASHINGTON – U.S. Senator Pete Domenici, ranking member of the Senate Energy and Natural Resources Committee, today issued the following statement regarding House passage of an $18 billion tax increase on domestic oil and natural gas production:             “Here we go again.  The House of Representatives has […]

AAA New Mexico weekend gas watch

AAA NEW MEXICO’s WEEKEND GAS WATCH Second week of higher New Mexico gasoline prices, fourth week of lower National prices (Albuquerque, New Mexico – February 8, 2008) – The New Mexico gasoline price average has increased 3.2 cents over the past two consecutive weeks, while the national average has decreased 12.9 cents over the past […]

Jan. 25, A.A.A. N.M. gas watch

Albuquerque – Gasoline prices in all of the AAA New Mexico Weekend Gas Watch Communities have declined for two consecutive weeks, except for Durango.  The New Mexico average gasoline price per gallon has dropped 3.8 cents and the national average is down 9.7 cents since January 11, 2008. The New Mexico average for regular unleaded […]