If even a fraction of the evacuees now settling in new cities decide not to return to New Orleans, it could be devastating to the area.
Read (New York Times)
Putting Down New Roots on More Solid Ground
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Category Archives: Economy
Montgomery County, VA Schools To Take Fuel Plea to State
The Montgomery County, VA School Board will ask state legislators for help with increased fuel costs that are strapping its budget.
County buses rack up about 1.5 million miles each year at an average 8 mpg. For every cent that fuel costs rise, Montgomery County Public Schools must find an additional $1,875 to cover the increase.
Read (New River Valley Today)
Katrina Victims looking for a home may change Houston
The 70,000-unit apartment glut in Houston is disappearing overnight. The Port of Houston is speeding up a dredging project because many weighted-down boats that normally offload in New Orleans first will dock here.
Read (Houston Chronicle via [Scripting News](http://archive.scripting.com/2005/09/06#When:7:40:55AM))
Houston had a glut of 70,000 apartments?
What Was The Price of Gas in Salem, VA Today, 09.06.2005?
Today, the gasoline prices at the [Sheetz @ 1340 W Main St][SheetzMain] in Salem, VA were:
| Grade | Price |
|---|---|
| Regular | $2.999 |
| Mid | $3.099 |
| Premium | $3.199 |
Gas prices here were down 20 cents today. They have increased a total of $1.00 (50%) since the first of August.
[ExxonEMain]: http://www.mapquest.com/maps/map.adp?latlongtype=internal&addtohistory=&latitude=jz7dkAcrm9Q%3d&longitude=4kfjP%2fmpwS4%3d&name=P%20%26%20M%20Market&country=US&address=1622%20E%20Main%20St&city=Salem&state=VA&zipcode=24153&phone=540%2d986%2d0021&spurl=0&searchtype=search&cat=Convenience%20Stores
[SheetzApp]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=10&cid=37286667,-80055833,7206545345893491642&radius=0.000000&hl=en&ie=UTF-8
[SheetzMain]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=30&cid=37286667,-80055833,6055186495788312797&radius=0.000000&hl=en&ie=UTF-8
[AmocoMain]: http://www.google.com/maps?li=lm&hl=en&q=amoco+loc:+Salem,+VA&num=30&cid=37286667,-80055833,1364145494564258260&radius=0.000000&hl=en&ie=UTF-8
What Was The Price of Gas in Salem, VA Today, 09.05.2005?
Today, the gasoline prices at the [Sheetz @ 1340 W Main St][SheetzMain] in Salem, VA were:
| Grade | Price |
|---|---|
| Regular | $3.199 |
| Mid | $3.299 |
| Premium | $3.399 |
Gas prices here were up unchanged today. They have increased a total of $1.20 (60%) since the first of August.
[ExxonEMain]: http://www.mapquest.com/maps/map.adp?latlongtype=internal&addtohistory=&latitude=jz7dkAcrm9Q%3d&longitude=4kfjP%2fmpwS4%3d&name=P%20%26%20M%20Market&country=US&address=1622%20E%20Main%20St&city=Salem&state=VA&zipcode=24153&phone=540%2d986%2d0021&spurl=0&searchtype=search&cat=Convenience%20Stores
[SheetzApp]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=10&cid=37286667,-80055833,7206545345893491642&radius=0.000000&hl=en&ie=UTF-8
[SheetzMain]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=30&cid=37286667,-80055833,6055186495788312797&radius=0.000000&hl=en&ie=UTF-8
[AmocoMain]: http://www.google.com/maps?li=lm&hl=en&q=amoco+loc:+Salem,+VA&num=30&cid=37286667,-80055833,1364145494564258260&radius=0.000000&hl=en&ie=UTF-8
RVs, Satellite Phones in Demand
A natural gas company in Texas begged for it. So did a Louisiana electric utility and a German television crew, which said cost was no object. But in the end, the 38-foot motor home was rented to a man from California who needed it to house his stricken relatives outside New Orleans.
Read (Washington Post)
After wreaking economic destruction across the Gulf Coast, Hurricane Katrina has created a boomlet for small industries such as RV dealers and satellite phone sellers whose products are far from staples of disaster relief.
I’d like to find out if [Snyder’s RV](http://www.snydersrv.com/salem1/SnydersSalemMainSite.htm) here in Salem has seen a sales increase yet.
Living Paycheck to Paycheck Made Leaving Impossible
To those who wonder why so many stayed behind when push came to water’s mighty shove here, those who were trapped have a simple explanation: Their nickels and dimes and dollar bills simply didn’t add up to stage a quick evacuation mission.
Read (Washington Post)
What Was The Price of Gas in Salem, VA Today, 09.04.2005?
Today, the gasoline prices at the [Sheetz @ 1340 W Main St][SheetzMain] in Salem, VA were:
| Grade | Price |
|---|---|
| Regular | $3.199 |
| Mid | $3.299 |
| Premium | $3.399 |
Gas prices here were up unchanged today – they are up 90 cents so far this week. They have increased a total of $1.20 (60%) since the first of August.
[ExxonEMain]: http://www.mapquest.com/maps/map.adp?latlongtype=internal&addtohistory=&latitude=jz7dkAcrm9Q%3d&longitude=4kfjP%2fmpwS4%3d&name=P%20%26%20M%20Market&country=US&address=1622%20E%20Main%20St&city=Salem&state=VA&zipcode=24153&phone=540%2d986%2d0021&spurl=0&searchtype=search&cat=Convenience%20Stores
[SheetzApp]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=10&cid=37286667,-80055833,7206545345893491642&radius=0.000000&hl=en&ie=UTF-8
[SheetzMain]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=30&cid=37286667,-80055833,6055186495788312797&radius=0.000000&hl=en&ie=UTF-8
[AmocoMain]: http://www.google.com/maps?li=lm&hl=en&q=amoco+loc:+Salem,+VA&num=30&cid=37286667,-80055833,1364145494564258260&radius=0.000000&hl=en&ie=UTF-8
What Was The Price of Gas in Salem, VA Today, 09.03.2005?
Today, the gasoline prices at the [Sheetz @ 1340 W Main St][SheetzMain] in Salem, VA were:
| Grade | Price |
|---|---|
| Regular | $3.199 |
| Mid | $3.299 |
| Premium | $3.399 |
Gas prices here were up unchanged today – they are up 90 cents so far this week. They have increased a total of $1.20 (60%) since the first of August.
[ExxonEMain]: http://www.mapquest.com/maps/map.adp?latlongtype=internal&addtohistory=&latitude=jz7dkAcrm9Q%3d&longitude=4kfjP%2fmpwS4%3d&name=P%20%26%20M%20Market&country=US&address=1622%20E%20Main%20St&city=Salem&state=VA&zipcode=24153&phone=540%2d986%2d0021&spurl=0&searchtype=search&cat=Convenience%20Stores
[SheetzApp]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=10&cid=37286667,-80055833,7206545345893491642&radius=0.000000&hl=en&ie=UTF-8
[SheetzMain]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=30&cid=37286667,-80055833,6055186495788312797&radius=0.000000&hl=en&ie=UTF-8
[AmocoMain]: http://www.google.com/maps?li=lm&hl=en&q=amoco+loc:+Salem,+VA&num=30&cid=37286667,-80055833,1364145494564258260&radius=0.000000&hl=en&ie=UTF-8
What Was The Price of Gas in Salem, VA Today, 09.02.2005?
Today, the gasoline prices at the [Sheetz @ 1340 W Main St][SheetzMain] in Salem, VA were:
| Grade | Price |
|---|---|
| Regular | $3.199 |
| Mid | $3.299 |
| Premium | $3.399 |
Gas prices here were up unchanged today – they are up 90 cents so far this week. They have increased a total of $1.20 (60%) since the first of August.
[ExxonEMain]: http://www.mapquest.com/maps/map.adp?latlongtype=internal&addtohistory=&latitude=jz7dkAcrm9Q%3d&longitude=4kfjP%2fmpwS4%3d&name=P%20%26%20M%20Market&country=US&address=1622%20E%20Main%20St&city=Salem&state=VA&zipcode=24153&phone=540%2d986%2d0021&spurl=0&searchtype=search&cat=Convenience%20Stores
[SheetzApp]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=10&cid=37286667,-80055833,7206545345893491642&radius=0.000000&hl=en&ie=UTF-8
[SheetzMain]: http://www.google.com/maps?li=lm&hl=en&q=sheetz+loc:+Salem,+VA&num=30&cid=37286667,-80055833,6055186495788312797&radius=0.000000&hl=en&ie=UTF-8
[AmocoMain]: http://www.google.com/maps?li=lm&hl=en&q=amoco+loc:+Salem,+VA&num=30&cid=37286667,-80055833,1364145494564258260&radius=0.000000&hl=en&ie=UTF-8
The Katrina Premium – Why the hurricane may hurt the economy more than 9/11
Economically speaking, Katrina is no 9/11. It may be much worse. The problem is that New Orleans lies at the heavily trafficked intersection of the Old and New Economies.
Read (Slate)
Rebuilding, Without Financial Records
As tens of thousands of families and businesses struggle to rebuild after Hurricane Katrina, many of them will find themselves not only without homes, cars and other possessions but also without the paper and perhaps even electronic records and resources fundamental to the working of American life and commerce.
For many, the entire economic structure on which they are accustomed to running their lives has been torn away. How do you get a credit card bill, let alone pay it, when your house is gone, your very address is gone, your bank’s offices are gone?
Read (Washington Post)
Spikes and Shortages Go Far Beyond Gas
The pain will come mainly from soaring energy prices, not only for gasoline but also for natural gas, home heating oil and jet fuel. But costs are also rising on chemicals used to make products from tennis dresses to compact discs; on coffee, which relies on the crippled port of New Orleans and its vast coffee warehouses; and oysters, four in 10 of which come from the waters off Louisiana.
Read (Washington Post)
South’s Gas Supply Begins to Choke
Gas stations in Southeastern states are running out of fuel, a result of severely disrupted supply lines. The governors of Georgia and North Carolina ask their residents to use gasoline sparingly as pipelines from the Gulf run dry. Stations with gas have long lines of cars.
Read (NPR)
Damage to Economy Is Deep and Wide
Economists warn that Hurricane Katrina is likely to leave a deeper mark on the economy than previous hurricanes because of its disruption to the energy supply network. The typical pattern with a natural disaster like this is that the regional economy gets clobbered, but you can barely see it in the national statistics. This time it is very different because of the impact on the energy infrastructure.
Read (New York Times)