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Economy
Postal Service Hits Borrowing Cap for First Time PDF Print E-mail
From The Wall Street Journal:

"The U.S. Postal Service in September hit its $15 billion borrowing limit from the U.S. Treasury for the first time in its history, leaving the agency with only the revenue it takes in from selling stamps, shipping and other services to cover its operating costs."

To read this story, please visit WSJ.com

Why is there a gas shortage in California? PDF Print E-mail
From North Hollywood Patch:

""Reportedly in recent weeks, local refineries were dropping production levels, exporting supply to Mexico and other countries, and allowing inventory to dwindle in anticipation of switching over to production of winter blend gasoline, then a refinery power outage and a pipeline incident occurred on Monday that sent wholesale markets into a panic about the adequacy of California fuel supplies," said Jeffrey Spring of the Automobile Club of Southern California.”

To read this story, please visit the North Hollywood Patch
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Alpha closing 8 mines, cutting 1,200 jobs in all PDF Print E-mail
From The Associated Press:

"Crutchfield said the shutdowns and layoffs are a necessary part of ensuring Alpha survives in what has become a difficult U.S. market,..., while companies like his face "a regulatory environment that's aggressively aimed at constraining the use of coal."

To read this story, please visit The Associated Press

Median Income Worse Now Than It Was During Great Recession PDF Print E-mail
From CBS:

" A new report put out by the Pew Research Center finds that the median income is worse now than it was during the Great Recession."

To read this story, please visit CBS

Government orders 54.5 mpg by 2025 PDF Print E-mail
From The Columbus Dispatch

"The average gas mileage of new cars and trucks will have to nearly double by 2025 under regulations that were finalized today by the Obama administration"

To read this story, please visit The Columbus Dispatch:



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