Bike industry generates $90 million in Portland, OR

Published / by Richard Masoner / 2 Comments on Bike industry generates $90 million in Portland, OR

From Portland, Oregon: a new report shows that the economic impact of the bicycle industry in Portland has grown significantly in recent years – to roughly $90 million. Read more at KATU, with much more discussion and analysis at the excellent Bike Portland.

Is the Lehman Brothers meltdown bad for alternative energy?

Published / by Richard Masoner / 9 Comments on Is the Lehman Brothers meltdown bad for alternative energy?

Food for thought from The Oil Drum: Energy companies need well-functioning credit markets to expand their exploration and production, and to pursue alternative energy approaches. For example, expanding the use of wind energy, or electric-powered vehicles, is likely to need a huge amount of debt financing. How much money will it cost, for example, to […]

Gasoline $5 and up along U.S. east coast

Published / by Richard Masoner / 13 Comments on Gasoline $5 and up along U.S. east coast

Americans enjoyed a brief vacation from high gas prices this last week, but with 20% of U.S. refinery production shut down in the wake of two hurricanes slamming back to back along the Gulf Coast we can expect prices to jump back up to record levels. The free market responded perfectly to the invisible hand […]