Farmers fear ethanol demand could bump up corn prices

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By Casey Peacock: PNT Staff Writer Ethanol industry demands could cause escalating prices for dairy and livestock producers. Corn production is expected to increase, say analysts, but demand still may not be met, affecting everything from feed prices to prices at the grocery store. Corn prices are holding steady around the $4 mark, according to […]

Ski season launches

By Casey Peacock: PNT staff writer With five ski resorts operating in New Mexico and more scheduled to open in the coming days, this ski season is shaping up to be much improved over last year’s, according to ski resort officials. Officials said they hope the colder weather will bring more snow and improve snow-making […]

Gas prices expected to climb

Freedom Newspapers Area residents could see higher gas prices in the coming weeks, according to AAA New Mexico spokesperson Jeanie Chavez. The recent announcement that an Alaskan oil company has shut down in order to replace a corroded pipe line is the latest in a string of events that led to record gas prices in […]

Gas war rages on North Prince Street in Clovis

By Sharna Johnson: Freedom Newspapers The real winner in a price war between two Clovis gas stations is the consumer. Regular unleaded gasoline at Town and Country and Allsup’s convenience stores on North Prince Street was priced at $2.29 per gallon Tuesday afternoon, which is 52¢ below the city average and more than 70¢ below […]

Governor asks oil industry to help

The Associated Press The Associated Press SANTA FE — Gov. Bill Richardson has called on the oil and gas industry for a second time to pitch in $50 million to help consumers with high gasoline prices, but an industry leader says supply will have to increase and demand must decrease before prices will come down. […]

Wal-Mart once again paying price for its success

Editorial Who would have thought that one of the nation’s most successful firms, renowned for helping consumers by offering low prices and decent jobs, would become a lightning rod for so many disgruntled people? Once again, during hearings this week at the Federal Deposit Insurance Corp. in Washington, D.C., we see that mere mention of […]

Minimum wage puts state at economic disadvantage

By Walter Bradley Today we are experiencing a vibrant, robust economy. We have growth in jobs, unemployment under 4 percent and higher wages. According to the New Mexico Labor Department, Curry County ranks 18th in the state with an average wage of $11.42 an hour. In polling businesses in our area, the average minimum wage […]

Fearless predictions for 2006

By Kevin Wilson: PNT Staff Writer I had considered dedicating this space of newspaper real estate to what I resolve to do in 2006. Suffice it to say, I decided not to take that path, figuring that I would once again break every resolution about my health, social habits and everything else. In fact, it […]

Katrina’s economic impact far-reaching — and still evolving

Brad Foss: The Associated Press Hurricane Katrina’s economic toll continues to mount — its cost evident in near-record energy prices, snarled shipping traffic, lost jobs and wrecked businesses. But nearly two weeks after landfall, its impact is shaping up as one of extremes. There are many losers, most notably the 400,000 who have lost their […]

Gas spike not changing driving habits

By Tonya Garner: Freedom Newspapers In the wake of the recent level-4 hurricane that wrecked local offshore gasoline production and refining operations, concerns about supply shortage and protests against soaring prices are increasing, even as local officials assure the public that everything is under control. Even with gas prices creeping to an-unheard-of $3 per gallon, […]