Read the NBR team's thoughts about the impact of rising gas prices. Then post your comments.

Mass-transit Irony

posted by Jeff Yastine, Senior Correspondent on May 20, 2008

As I sit here and write this blog entry, crude oil in New York is now trading at nearly $129 a barrel. Amazing. A year and five months ago, it was $50 a barrel. And, as our series this week on NBR indicates, motorists are truly feeling the "pain at the pump." How are they responding? In some ways, it's obvious -- buying fuel-efficient... + More

Gas Prices and the American Dream

posted by Erika Miller, Correspondent on May 16, 2008

It’s clear that high fuel prices are taking their toll on many small businesses, threatening profit margins. This is a troubling development when you consider the importance of small businesses to the U.S. economy. 99.7% of all employer firms in America are small businesses (defined as fewer than 500 employees). Small... + More

More Pain to Look Forward To

posted by Stephanie Dhue, Correspondent on May 15, 2008

There is a lot of focus on how individuals are feeling the pain at the pump, but I think less thought has been given to the pain state and local governments are feeling. As I was reminded while preparing my report for NBR's upcoming "Pain at the Pump" series, the combination of higher costs and lower property tax... + More