[PRCo] Re: Gas Prices

[Bill Robb]

The recession has claimed at least one car builder, albeit a DMU manufacturer.
http://www.coloradorailcar.com/

Bill


Now I'm really getting scared by this "recession."

Gasoline in Lancaster is now down to $1.54, the lowest price,  
adjusted for inflation by any means (including the CPI) in my  
lifetime or even my father's lifetime.  If we were to adjust the 8  
gallons for a dollar from the middle of the Depression, today's price  
is still almost 25% under that once adjusted to the Consumer Price  
Index.  If adjusted to wholesale prices, the drop since the 1930s is  
far greater.

Phil Craig was telling me that the best price he could find to visit  
his daughter from Newark airport to San Diego for Hanukkah holiday  
was $854.  I figure the cost of gasoline for a round trip to the  
west coast is now an unprecedented low of $300.