Monday, March 10, 2008

$$$ Cha-Ching...Time to budget accordingly or you could try to find another way to work

The president of OPEC announced today that crude oil prices are likely to stay above $100 a barrel throughout 2008. Of course, he cited the weakening US currency and the "geopolitical" atmosphere as the root cause for the price hike. The price may start to correct itself in 2009, after the seating of a new US president and if the dollar starts to rebound, he added. Read the full story here .

Oh, and by the way, crude oil topped an all time high today at $107 per barrel.


Are you feeling the pain at the pump?
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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.