January 30, 2015 / travelingsalesman /
I keep getting a lot of interesting reading from various websites, publications and Twitter fed stories. Almost too much to get through but fortunately these things come to me and I do not have to go searching for them.First, I read in Kiplinger Report an interesting comment on lower gas prices. The report said, “Cheaper oil is effectively a tax cut, worth $100 billion to consumers this year. Generally, each penny decline in retail gasoline prices adds $1.4 billion in purchasing power to the economy if it is sustained over the course of a year”. Of course, I am already seeing prices creep back up in my area, but the facts are still pretty staggering. That’s a lot of money that goes back into the economy.
Next, an article from Autocar Professional’s January 21, 2015 issue caught my attention. (…)
via India, Domestic Manufacturing and gas savings – Fastenerblog.net.