FRIDAY, DECEMBER 9, 2005
Friday Edition: Cold Weather/Hot Energy Market
Natural
gas prices
jumped more than nine percent to a new high this week and oil prices
also climbed, as cold weather across the
U.S. raised concerns about how much energy we will need to stay warm this winter.
The Energy Department's Energy Information Administration has been warning for months that this day would come. This week, the EIA said:
- On average,
households heating primarily with natural gas likely will spend $281
(38 percent) more for fuel this winter than last winter.
- Households heating primarily with heating oil can expect to pay, on average, $255 (21 percent) more this winter than last.
- Households heating primarily with propane can expect to pay, on average, $167 (15 percent) more this winter than last.
- Households heating primarily with electricity can expect to pay, on average, $46 (7 percent) more.
Should colder
weather prevail, expenditures could be significantly higher. These
averages provide a broad guide to changes from last winter, but fuel
expenditures for individual households are highly dependent on local
weather conditions, the size and efficiency of individual homes and
their heating equipment, and thermostat settings (Table WF01. Selected U.S. Average Consumer Prices and Expenditures for Heating Fuels for the Winter).
There is certainly a
story in how local, state and federal energy-help agencies will try to
handle the new requests from folks who cannot afford to pay their
energy bills.
The Associated Press reported:
Advocates for the
poor have argued that as much as $5.1 billion in federal energy
assistance is needed to keep up with the high fuel oil and natural gas
prices people will face this winter. Energy legislation enacted earlier
this year authorizes that much money, but Congress has refused to
appropriate it.
The Low Income [Home] Energy Assistance Program
(LIHEAP) has been funded at about $2 billion a year for several years.
Congress, as part of a spending bill now being crafted, is proposing
$2.2 billion for this fiscal year and an additional $1 billion in
one-time emergency funds.
State agencies that
regulate electric utilities, the natural gas utility industry and
advocates for the poor all in recent weeks have urged the White House [PDF]
and Congress to increase LIHEAP funding to the full $5.1 billion
authorization.
Gander Crash 20 Years Later
On Dec. 12, 1985, a charter plane carrying 256 people, including 248 members of the 101st Airborne Division from Ft. Campbell, Ky., crashed with no survivors near Gander, Newfoundland.
The troops were coming home from a "peacekeeping mission" in Sinai. It
was the worst military air disaster in American history. (Photos)
Here is a list of those who died, with a state-by-state list of their hometowns. The dead come from 41 states, the District of Columbia and two territories.
Twenty years later, there
is still wide disagreement on what caused the crash. Was it weather- and
weight-related, was it a mechanical issue or was it, as some have
suspected, terrorism that caused the crash? There were many theories about why the soldiers were sent to Sinai in the first place.
Years after the crash, some Members of Congress asked for more investigations. (See Congressional Record and actions by the 103rd House and Senate and the 102nd House.)
The Canadian Aviation Safety Board investigated the crash. The majority of the board said the crash was probably caused by wing icing. The air carrier, Arrow Air Inc., was also found to have many maintenance and operating problems. But some members of the board disagreed, and
said there was no evidence of significant icing. The minority report
said engines may have been running in reverse thrust on takeoff.
The minority report also contained this passage, which has raised questions for years now:
The
evidence shows that the Arrow Air DC-8 suffered an on-board fire and a
massive loss of power before it crashed. But, we could not establish a
direct link between the fire and the loss of power. The line may have
been associated with an in-flight detonation from an explosive or
incendiary device.
The
report went on to explore how the plane had been loaded in Cairo, how
it was largely unguarded during the loading process, (which occurred in
darkness) and how loading was chaotic and a fight even broke out during
the loading process.
We Wish You a Merry... Something
The Daily Herald (in Arlington Heights, Ill., just outside of Chicago) has some fun with the current dance over appropriate ways to celebrate holidays without offending people.
Parents Need to Talk with Their Kids About the "M" Word -- Money
New surveys show that
even in well-to-do families, more than a third of children say their
parents do not discuss money with them. Yet, U.S. News & World Report says, two-thirds of teens look to their parents for financial advice.
This is a hot-button issue for parents. The story says:
Aside from health-related issues, one of the biggest concerns baby boomers have as they enter retirement is their children's financial
ignorance, surveys show. These parents are right to be worried. That's
because these issues often come home to roost -- literally. Between 2000
and 2004, the number of adult-aged children who still live with -- and
off -- their parents rose nearly 70 percent, according to Craig Brimhall,
vice president of retirement wealth strategies for Ameriprise Financial.
The Internet as a Political Power
A new study by the University of Southern California's Annenberg School for Communication's Digital Future Project found that more people than ever say the Internet gives users political clout.
The study tries to measure the extent to which online users probed the
net to get answers about candidates, issues and campaigns.
The study also looks
at how often most people check their e-mail, how often they instant
message others, how much their use their work computers for personal
business and how often kids really use the Internet for homework.
How important is the Internet? Look at this response [PDF]:
E-mail again tops the list of the most popular online activities. The top 10 for 2005 are:
- e-mail,
- general Web
surfing,
- reading news,
- shopping,
- entertainment news (searching and
reading),
- seeking information about hobbies,
- online banking,
- medical
information (searching and reading),
- instant messaging, and
- seeking
travel arrangements and travel information. [...]
Internet users are more loyal to going online than to watching television or using their cell phones.
The Digital Future
Project found that if forced to give up technology, Internet users
would hang on to the Web -- and would drop their television and cell
phones first.
When asked which
technology they would be most willing to give up, 39.4 percent of
Internet users choose their cell phone, followed by 32.7 percent who
would first give up television. Only 27.8 percent of users say they
would be most willing to give up the Internet.
We are always looking for your great ideas. Send Al a few
sentences and hot links.
Editor's
Note: Al's Morning Meeting is a compendium of ideas, edited story excerpts and
other materials from a variety of Web sites, as well as original concepts and
analysis. When the information comes directly from another source, it will be
attributed and a link will be provided whenever possible.
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