Cities like Los Angeles and Chicago would top any list of the nation's worst traffic areas, including a study released yesterday by a provider of national traffic trends. But Honolulu?
"If you happen to be driving on a Thursday from 5 p.m. to 6 p.m. on its main highways, you're no longer in the Aloha State," according to the report compiled by INRIX. "You're in the worst place and worst hour of any single roadway in the U.S., taking 88 percent more time to get where you're going than if there were no congestion."
INRIX, a privately held Seattle-based corporation, yesterday released its National Traffic Scorecard, and ranked Honolulu as having the worst drive-time travel time in the nation.
Saturday, June 28, 2008
Saturday, June 07, 2008
Oil rises
Crude oil rocketed more than $10 a barrel Friday to a record high of $138.54, snuffing out motorists' hopes that gasoline prices might ease soon.
"It's like every time I look at the prices, they have jumped another 10 cents a gallon," groused James Freedner, 57, of Sun Valley. "I just don't know when this is going to stop."
The biggest one-day surge ever in crude prices was fueled by a mix of factors, including a gloomy U.S. job report and interest-rate fears that drove down the dollar, unease in the oil-rich Middle East and a prediction by a major brokerage firm that crude could hit $150 a barrel by July 4.
"Never before seen, unprecedented, amazing, epic, all those fit to describe today's [trading] session for crude oil and refined products," Denton Cinquegrana of the Oil Price Information Service wrote in a report to clients late Friday.
The $10.75-a-barrel jump at the New York Mercantile Exchange followed Thursday's increase of $5.49 and is expected to flow through quickly to the gas pump.
"It's like every time I look at the prices, they have jumped another 10 cents a gallon," groused James Freedner, 57, of Sun Valley. "I just don't know when this is going to stop."
The biggest one-day surge ever in crude prices was fueled by a mix of factors, including a gloomy U.S. job report and interest-rate fears that drove down the dollar, unease in the oil-rich Middle East and a prediction by a major brokerage firm that crude could hit $150 a barrel by July 4.
"Never before seen, unprecedented, amazing, epic, all those fit to describe today's [trading] session for crude oil and refined products," Denton Cinquegrana of the Oil Price Information Service wrote in a report to clients late Friday.
The $10.75-a-barrel jump at the New York Mercantile Exchange followed Thursday's increase of $5.49 and is expected to flow through quickly to the gas pump.
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