- Hurricane Rita joins Katrina to whip up prices even
more.
More resin price hikes are under way as the impact of Hurricane Rita adds to the aftermath of Hurricane Katrina. The result is further restrictions on availability of crucial feedstocks like natural gas, ethylene, propylene, and ethylene glycol and of resins based on them--including PE, PP, PVC, and PET. By ......
- Katrina's oil, gas shock to hurt office tenants
Executives in Fairfield and Westchester counties may be congratulating themselves for locating their businesses in the Northeast, where natural disasters on the scale of Hurricane Katrina are essentially unheard of. They may feel less secure when they realize the financial toll Katrina may take on their businesses through higher energy ......
- A Robust Rural Economy in 2006?
Rural America will remember 2005 as a year of drought, hurricanes, and surging gas prices. To be sure, some regions of the country faced devastating natural catastrophes. Yet, these catastrophes did not stop the farm sector from posting another banner income year-nor did they stop the nonfarm sectors from enjoying ......
- The strategic petroleum reserve: who needs
it?
The rise in fuel prices that followed Hurricanes Katrina and Rita has prompted many members of Congress to call for new and expanded federal reserves of crude oil, diesel fuel, home heating oil, jet fuel and propane. Proponents of stockpiling claim that if the government were to hoard those commodities ......
- Factors Effecting Product Cost
The White House is considering reducing high tariffs imposed on such items as softwood lumber from Canada and cement from Mexico if building needs from Hurricane Katrina cause prices to spike. "Obviously, if there are severe price spikes and severe shortages, we would want to take a look at whether ......
- It's Crybaby Time For Consumers
One major American city is nearly wiped off the map by a hurricane. A second is evacuated as another hurricane threatens it. Gas prices shoot up to record levels. So, does the economy collapse under these tribulations? Actually, as we learned a few weeks ago when the third-quarter data came ......
- Will rains and a national recovery bring rural prosperity?
Drought and a jobless recovery battered the rural economy in 2002. The worst drought since the Dust Bowl gripped many parts of rural America, leading to forest fires, livestock liquidations, short crop supplies, and a plunge in farm incomes. After a solid start, a soft period for the national economy ......