SUV, pickup sales feel affects of gas crunch

By Thomas Garcia, PNT Staff Reporter The rise in the price of oil and gas has had mixed effects on the sales of full-size pickups and sport utility vehicles, according to Clovis and Portales dealerships. “With the rise in gas prices we’ve seen an increased interest in fuel efficient cars and pickups with smaller engines,” […]

Editorial: Off-shore drilling promises to help U.S. oil supply

Republican presidential candidate John McCain this week reversed his position and drew environmentalists’ wrath when he came out in favor of lifting the federal ban on off-shore oil drilling. McCain apparently realizes he needs motorists’ votes more than environmentalists’ endorsements. Better late than never. Rising gasoline prices have focused voters’ attention. A poll last October […]

Celebrity touts dictator, country

Editorial It would be fascinating if not so dismaying that so many of our celebrities who believe that being actors or singers means we should care what they think about world affairs have such poor taste in foreign leaders. Earlier this month aging bad-boy actor Sean Penn traveled to Venezuela, exulted that he had discovered […]

Government proposals will hinder market

Editorial T he House of Representatives voted last week to impose $16 billion in new taxes on the oil industry and give away billions of dollars in tax breaks for so-called “renewable” energy schemes. The proposals will only drive energy costs higher, while limiting availability and giving foreign oil producers more sway in the U.S. […]

May 9, 1960

• North by Northwest and Girls Town were playing at the Varsity Drive-in Theatre. • Three area residents had their driver’s licenses revoked for one year for the charges of driving while under the influence of intoxicating liquor. • Campbell’s Mobile Service Station was offering a 99 cent car wash with an oil change and […]

Chain e-mail won’t lower gas prices

By Kevin Wilson With this election year that’s not really an election year, it’s amazing to see the impact of people-powered politics. Candidates like Barack Obama can solicit small donations online and put 100,000 people behind his political movement. At debates for both Republicans and Democrats, moderators can quickly change the direction of a candidate […]

Socialist leaders have propensity to become dictators

Editorial Venezuelan President Hugo Chavez’s recent strong-arm moves illustrate a couple of truths we’re weary of seeing illustrated. The first is that those who proclaim themselves socialists — avatars of “the people” and battlers for the underprivileged — all too soon end up taking the maximum possible power unto themselves, to the point of becoming […]

Russia demonstrates ambition for grandeur

Editorial The Russian government has successfully pressured Shell, the Anglo-Dutch oil company, into reducing its stake in a promising but difficult oil and natural-gas field in Siberia from a majority share to a minority share. Gazprom, the Russian state-owned energy group, which has invested little or nothing in exploiting the energy resources on and around […]

Feds shouldn’t regulate oil fields

Editorial It certainly looks as if BP miscalculated when it came to how often it needed to perform maintenance on a pipeline leading from the oil field at Prudhoe Bay on the North Slope of Alaska. As Severin Borenstein, of the Energy Institute at the University of California-Berkeley said, that’s an internal BP problem and […]

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 […]