[PRCo] Re: Gas Prices

[Schneider Fred]

There is another side to that story and it is his business ethics.    
He was taking money out of the business to feed other endeavors.

On Dec 28, 2008, at 1:55 PM, Bill Robb wrote:

> 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.
>
>
>
>