Friday, January 16, 2009

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Is there a way to make sense of gas prices?

HOUSTON â€" You might do a double-take as you pass your local gas station. Chances are, the price you pay at the pump has jumped markedly in the past couple of weeks, even as crude prices have fallen. The average national price for a gallon of unleaded gasoline rose seven-tenths of a cent overnight to $1.799 â€" well below the $3.05 average of a year ago but up nearly 14 cents in the past month, according to the auto club AAA, the Oil Price Information Service and Wright Express, a company that tracks transportation data.

Retired port executive addresses tough issues

Speaking before a packed Charleston Motor Carriers Association lunch meeting, retired port executive Ron Brinson touched on all the hot-button issues facing the local maritime community: losing big business, re-examining leadership and casting blame.

State jobless rate rising

COLUMBIA — Unemployment in South Carolina is likely to hit at least 9 percent, the highest rate since 1981, according to an analysis Thursday by the Board of Economic Advisors. New jobless benefits claims for the last week in December hit a 2008 high at 22,548, and foot traffic in un...

FPI offers new design to Army

Force Protection Inc. said Thursday that is has submitted a lightweight armored vehicle to the U.S. Army in response to a solicitation from the service. The vehicle, a new version of the company's 3-year-old Cheetah model, has a very low center of gravity, making it less prone to rolling over, the company said.

Retail forecast: Partly cloudy, then sunnier

U.S. retail sales will rebound slightly during the second half of the year but will not rise into positive territory until 2010, the chief economist with the International Council of Shopping Centers said Thursday during a conference call.










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