Tuesday, April 05, 2005
Looking Beyond the Gas Pump ....
For many in the news business - speaking of those outside the Oil Patch - the first reaction to reports of rising oil prices is something like, "What's going to happen at the gas pumps?" Too often, that may also be the last question asked. Now, questions like that are heard in local newsrooms, as well. But they are just one of a number of questions asked, and the answers they generate will be just a part of the complete answer to the overall question of 'impact.'
In places like our own Permian Basin, in the San Juan Basin of New Mexico, in parts of Alaska and the Gulf Coast, and elsewhere, answers to the overall question of impact cannot be found by focusing soley upon the negative effect for consumers at the gas pumps. An outstanding answer can be found at Streams, where Wallace demonstrates how the impact touches so many of us in so many positive ways we might not have suspected. Check it out.
Posted by Jeff at 6:01 PM