Category Archives: Economy

What is the Price of Gas in Salem, VA Tuesday, 11.11.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $1.899
Mid | $1.999
Premium | $2.099
Diesel | $3.199
Kerosene | $3.499

Unleaded prices are down 6 cents per gallon. The last time regular was $1.89 was [January 25, 2007](http://www.stevejenkins.us/archives/2007/01/25/3209/what-was-the-price-of-gas-in-salem-va-thursday-01252007/ “View the Post”) when it decreased from $1.89 to 1.87.

What Was the Price of Gas in Salem, VA Saturday, 11.08.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $1.959
Mid | $2.059
Premium | $2.159
Diesel | $3.199
Kerosene | $3.499

Unleaded prices were down 4 cents per gallon. The last time regular was $1.95 was [February 5, 2007](http://www.stevejenkins.us/archives/2007/02/05/3236/what-was-the-price-of-gas-in-salem-va-monday-02052007/ “View the Post”) when it increased from $1.95 to 1.99.

What is the Price of Gas in Salem, VA Friday, 11.07.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $1.999
Mid | $2.099
Premium | $2.199
Diesel | $3.199
Kerosene | $3.499

Unleaded prices are down 6 cents per gallon. The last time regular was $1.99 was on [February 7, 2007](http://www.stevejenkins.us/archives/2007/02/07/3241/what-was-the-price-of-gas-in-salem-va-wednesday-02072007/ “View the Post”) when it increased from $1.99 to 2.05.

What is the Price of Gas in Salem, VA Thursday, 11.06.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.059
Mid | $2.159
Premium | $2.259
Diesel | $3.199
Kerosene | $3.499

Unleaded prices are down 4 cents per gallon.

What is the Price of Gas in Salem, VA Wednesday, 11.05.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.099
Mid | $2.199
Premium | $2.299
Diesel | $3.199
Kerosene | $3.499

Unleaded prices are down 6 cents per gallon this morning.

What is the Price of Gas in Salem, VA Monday, 11.03.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.159
Mid | $2.259
Premium | $2.359
Diesel | $3.199
Kerosene | $3.499

Unleaded prices are down 10 cents and diesel is down 20 cents per gallon.

What Was the Price of Gas in Salem, VA Saturday, 11.02.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.259
Mid | $2.359
Premium | $2.459
Diesel | $3.399
Kerosene | $3.499

Unleaded prices were down 4 cents per gallon.

October 2008 Gas Price Summary for Salem, VA

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade Price
10/1 		Price
10/31 		$
Change 		% Change YTD $
Change 		YTD % Change
Regular $ 3.659 $ 2.299 $ (1.36) -37.2% $ (0.60) -20.7%
Mid $ 3.759 $ 2.399 $ (1.36) -36.2% $ (0.60) -20.0%
Premium $ 3.859 $ 2.499 $ (1.36) -35.2% $ (0.66) -20.9%
Diesel $ 4.299 $ 3.399 $ (0.90) -20.9% $ –

0.0%
Kerosene $ 3.499 $ 3.499 $ – 0.0% $ 0.10

2.9%

Lack of Money Forces Junior Achievement to Shut Down in Lynchburg, VA

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Junior Achievement has shown kids how to handle money for more than 40 years, but a tough economy is forcing Lynchburg, VA’s Junior Achievement to close its doors.

Two fundraisers were held this year, but they didn’t produce enough money to keep the program going.
Unless additional funds can be raised, Junior Achievement in Lynchburg will close for good November 15th.

The Lynchburg branch served students in six counties.

[Read](http://www.wdbj7.com/global/story.asp?s=9272640 “Read the Notice”) (WDBJ-7)

*Update 11-10-2008:* The Junior Achievement Board voted unanimously to keep the program, after community businesses came forward with needed donations. [Read](http://www.wset.com/news/stories/1108/569520.html “Read the Notice”) (WSET-13)

What is the Price of Gas in Salem, VA Friday, 10.31.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.299
Mid | $2.399
Premium | $2.499
Diesel | $3.399
Kerosene | $3.499

Unleaded prices are down 6 cents per gallon this morning.

What is the Price of Gas in Salem, VA Thursday, 10.30.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.359
Mid | $2.459
Premium | $2.559
Diesel | $3.399
Kerosene | $3.499

Unleaded prices are down 4 cents per gallon.

Consumers Feel the Next Crisis – Credit Cards

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First came the mortgage crisis. Now comes the credit card crisis.

After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both, just as an eroding economy squeezes consumers.

The pullback is affecting even creditworthy consumers and threatens an already beleaguered banking industry with another wave of heavy losses after an era in which it reaped near record gains from the business of easy credit that it helped create.

[Read](http://www.nytimes.com/2008/10/29/business/29credit.html “Read the Article”) (New York Times)

What is the Price of Gas in Salem, VA Wednesday, 10.29.2008? (down)

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The gasoline prices at the [BP @ Apperson & Colorado](http://maps.google.com/maps?q=200+Apperson+Dr,+Salem,+VA+24153,+USA&ie=UTF8&t=h&sll=37.274899,-80.053909&sspn=0.006295,0.006295&ll=37.274898,-80.053908&spn=0.006258,0.014291&z=17 “Google Map”)
in Salem, VA:

Grade | Price
——– | ——-
Regular | $2.399
Mid | $2.499
Premium | $2.599
Diesel | $3.399
Kerosene | $3.499

Diesel prices are down 20 cents per gallon.

Toshiba Profit Tumbles 99 Percent

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I thought Sony’s 72% drop in profit was bad, but it’s even worse at Toshiba.

Toshiba posted a **99 percent plunge in quarterly operating profit** on Wednesday, dragged down by weakness in its mainstay chip operations.

[Read](http://www.nytimes.com/reuters/business/business-us-toshiba-results.html “Read the Article”) (New York Times)

Sony’s Quarterly Profit Falls by 72 Percent

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Sony reported a 72% drop in profit in the most recent quarter, hurt by a stronger yen and the global slowdown. (Ouch!)

Drops in global and particularly American demand have been blamed, **contradicting the once popular notion that Asian economies were decoupling from the United States**.

[Read](http://www.nytimes.com/2008/10/30/technology/companies/30sony.html “Read”) (New York Times)