Showing posts with label US News. Show all posts
Showing posts with label US News. Show all posts

Friday, December 15, 2006

New Grand Canyon Attraction

Skywalk, a horseshoe-shaped walkway and glass-bottom observation deck that will jut from the canyon's lip 4,000 feet above the Colorado River, is a project of a struggling Indian tribe. The Hualapai hope to lure Grand Canyon National Park visitors to this section of the park where the tribe resides. The $30 million Skywalk is set to open in March 2007.

My fear of being at the edge of a high place precludes me from enjoying this Wylie Coyote view of the Grand Canyon. Would you do it?

Tuesday, April 18, 2006

Record Oil Price? Maybe Not...

Here's the lead in most reports today concerning the price of oil:

Crude oil set an all-time high Tuesday as worries over supply persisted in Iran and Nigeria.
Light sweet crude for May delivery, which expires on Thursday, traded as high as $70.88 per barrel on the New York Mercantile Exchange, surpassing the previous record of $70.85 set last summer after hurricanes devastated the Gulf Coast.


Here's the reality:

Though a record in absolute terms, the price is still well shy of a record, if adjusted for inflation. The peak price would have been set during the Iranian revolution in March 1981, when a barrel of oil would have cost about $90 in today's dollars.


Source: CNNMoney.com