Gas Dips Below $3 A Gallon In New Jersey

Census Bureau map of Newark, New Jersey

Census Bureau map of Newark, New Jersey (Photo credit: Wikipedia)

Falling gas prices are hitting numbers not seen since the beginning of the year.

How about under $3 a gallon in North Jersey?

A Delta station on Brook Avenue in Passiac Park, north of Newark, is charging just $2.97 a gallon, the lowest in the state, according to GasBuddy.com – and it’s not some gimmick price.

“It’s very busy,” said a worker who declined to share his name.  “Like Hurricane Sandy all over again.”

Read more: http://www.philly.com/philly/business/20121218_Gas_dips_below__3_a_gallon_in_N_J_.html#ixzz2FSs6mPoa
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Harrisburg International Airport Poised To Escape Next Round Of Air Service Cuts

Harrisburg International Airport (HIA) is doing well and traffic is up. With the price of fuel, many airlines are looking at the cost-effectiveness of their 50 passenger regional jet fleets.  With todays fuel prices it has become more cost-effective to fly larger planes.  Fortunately, HIA is equipped to handle larger planes.

There are 1.8 million people within an hour of HIA which makes this a sizable market.  Because of this, many carriers flying into the HIA will simply start using larger planes. 

Delta has seen at 50 percent increase in traffic on their DFW to HIA route due to the Marcellus Shale gas industry.  Harrisburg is the hub of Pennsylvania’s state government and home to large companies like Hershey, which use air travel for business.

Airport officials are stating American Airlines bankruptcy filing will not impact travelers flying out of HIA.  What American Airlines decides to do with its regional airlines will determine what the future holds for HIA, not the bankruptcy filing.

Smaller market airport like State College and Venango Regional will most likely be under scrutiny by airlines as they decide whether flying from these locations remains cost-effective.  Can these smaller markets generate enough passengers to fill 70 – 100 seat planes?  Time will tell.

Off-Shore Oil Spill Threatens Louisiana

A massive oil spill is threatening the Louisiana coastline.  BP has been unable to stop the massive flow of oil (210,000 gallons a day) from a well explosion that is leaking from as deep as a mile underwater.  The government is now getting involved because of BP’s inability to solve their own problem.  BP is responsible for the $6 million dollar a day price tag. 

One third of the nation’s seafood comes from Louisiana and the delta area is in great danger.  This could eclipse the Exxon Valdez spill if not contained soon.  Oil has already reached the coastline which is teaming with wildlife.

Louisiana has never fully recovered from Katrina.  This disaster could not come at a worse time.