Clean-up continues in the Tippecanoe River following a diesel spill late last week.
The Pulaski County Commissioners briefly reviewed the incident Monday night to discuss the progress. The spill caused canoe traffic along that four-mile stretch of river to be disallowed until clean-up is complete.
Members of the United States Senate debated 18 amendments yesterday on a bill that would approve construction of the Keystone XL Pipeline.
Continue reading
Gas prices spiked ten cents this week when prices hit $3.19 a gallon.
“We’re kind of seeing a little bit of a combination of things when it comes to crude oil prices,” said Don Good of the Good Oil Company in Winamac. “It’s combination of the weak dollar, we’ve kind of talked about that crude oil is valued in dollars, so when we do something in our economy that makes the dollar weaker, like the $900 billion tax relief plan that added to the deficit, that made the dollar fall. Since the dollar is the currency that they value crude in around the world, it makes crude oil more expensive for us and less expensive for other countries. India’s and China’s economies have really picked up. I think they’re running at about a six or eight percent increase compared to where we are struggling. As a matter of fact, China just passed us as being the largest consumer of petroleum in the world. They’re consumption of oil is going up while ours is pretty stagnant. Right now the markets are focusing on their use than ours.”
