AAA: Demand down, crude oil prices down, but prices continue upward tick

Chris Graham

The cost of gas continued to rise to unseasonably high levels this week, despite decreases in the price of crude oil. Reports show extremely weak gasoline demand, however refineries are responding to this decrease in demand by cutting back on production, resulting in some upward movement in prices at the pump. Gas prices climbed to…

Debate over jobs numbers

Chris Graham

The jobs situation seems to continue to be getting better, with Friday’s announcement that unemployment fell two-tenths of a percent in January, to 8.3 percent. But it’s not getting better fast enough, says Fifth District Republican Congressman Robert Hurt. “A drop in the national unemployment average is always good news. However, the jobless rate remains…

Kaine: ‘All of the above’ on energy

AFP

The black-white debate on energy production between Republicans and Democrats generally speaking comes down to the merits of oil production vs. clean energy. It doesn’t have to be an either-or proposition, though. “We need to use every domestic source that we have. But I think we ought to be preparing for a long-term shift toward…

Kaine: Deficits do matter

AFP

Tim Kaine didn’t run for governor in 2005 promising to cut the state budget to the bone, but that’s pretty much what he had to do as the state faced down the recession a year into his term. The key lesson that he learned: You can’t do across-the-board cuts. “Everything isn’t worth everything else,” said…

Kaine addresses economic issues

AFP

Tim Kaine has been taking some heat from political rival George Allen over his support for the economic-stimulus package that President Barack Obama championed as a cornerstone to an economic recovery. Funny thing, to the Democrat Kaine – the stimulus package that the Republican Allen has criticized played a key role in the decision of…

Robert Hurt: American solutions for job creation

Robert Hurt

The recent December unemployment report provides welcome news that more jobs were created last month at a time when so many are struggling. And while signifying a step in the right direction nationally, the simple fact remains that there are still too many in Central and Southside Virginia out of work, and there is still…

Chris Graham: Time to move forward

AFP

Remember when Waynesboro was the economic engine of this part of the Valley? Your first instinct might be to say that it still is. Look at the West End. Every chain retail store and restaurant known to American man has set up shop out there. Which is great – really, it is. It’s just that…

McDonnell announces 1,350 jobs in Chesterfield, Dinwiddie

AFP

Gov. Bob McDonnell and Amazon.com Inc. (NASDAQ: AMZN) today announced the company’s plans to open two fulfillment centers in Virginia, investing a total of $135 million. The company will invest $85 million and create more than 1,000 jobs in Chesterfield County, and invest $50 million in Dinwiddie County, creating more than 350 jobs. “This project…