RichC | April 22, 2020
The Coronavirus is doing what environmentalists and anti-fossil fuel advocates have only dreamed of doing … killing the petroleum industry. There is so little demand for crude oil that “Producers must pay buyers $37.63 a barrel” to refine their product. There is no place to store it as companies who explore and drill are dead […]
RichC | November 2, 2018
As the positive economy in the U.S. continues to grow America out of the "great recession" and rebound off the slow growth Obama years, we are seeing signs of inflation, hopefully just the right amount. Wages are rising and businesses sense they have pricing power and can raise prices (their cost are up too). Consumers […]
RichC | October 10, 2018
EDIT: Updated 14:00-14:30 ET – Landfall Mexico Beach, FL with maximum sustained winds clocked at 145 mph Previous 11:28 a.m. ET update Hurricane Michael has been upgraded to a “potentially catastrophic” Category 4 storm, with maximum sustained winds of 150 mph, the National Hurricane Center says. Data collected by NOAA and U.S. Air Force Hurricane […]
RichC | December 23, 2014
A local convenient store today in Liberty Township, Ohio … December 23, 2014. As a Volkswagen TDI and Mercedes diesel car guy … there is something wrong when the spread between regular unleaded gasoline and diesel fuel is this much – over $1.50 difference! Ugh … back to driving the Honda Pilot, at least for the […]
RichC | August 20, 2014
There were a few articles on VJ day this past weekend marking the anniversary of Victory over Japan and focused on the relief we felt ending World War II. While glancing at the front pages, it made me realize how the dollar has lost value … or if you’re dollar biased, how much goods and […]
RichC | January 18, 2013
Although retail unleaded gasoline is down 25 cent per gallon since last year at this time in SW Ohio, we remain just above $3.00/gallon in most areas. (I paid $3.09 and $3.07 this week while traveling in north east Ohio) Since I’m thinking about a new diesel car this year, it is be frustrating to […]
RichC | June 19, 2012
After conversing back and forth with a VW TDI friend of mine in a Google+ thread about the 30-40% increase in new car prices, we sort of concluded in a “maybe we’ll buy a used car?” Of course with the higher priced used cars recently (particularly diesels), I’m not so sure that is a good […]
RichC | November 23, 2008
Fuel prices everywhere are dropping to surprising lows as we near the Thanksgiving day holiday. While returning from the Moraine Airpark near Dayton, Ohio this afternoon I was able to fill up with unleaded regular for $1.56/gallon. That’s the lowest price I’ve seen for quite some time. Diesel is also working its way lower, although […]