Saturday, February 26, 2011

Gas Prices Going To Seriously Harm Las Vegas Economy

I've been preaching this from Day 1.
From the LVRJ: Bloody revolutions rumbling through the Middle East are starting to send shock waves through the Las Vegas tourism industry because analysts fear Middle Eastern oil shortages would increase the cost of traveling to Las Vegas.
That was the consensus of three analysts speaking to about 60 attendees late Thursday at the annual forecast dinner of the Chartered Financial Analyst Society of Nevada in Las Vegas.
Stephen Brown, director of the center for Business and Economic Research at the University of Nevada, Las Vegas, said the spike in oil prices so far are stemming from fears of shortages, rather than actual oil shortages.
The price of oil affects the prices that Californians, who account for 40 percent of the tourists visiting Las Vegas, pay at the pump. Other tourists catch flights to Las Vegas, but air fares will increase if jet fuel prices climb.
Also, when consumers must spend more for gasoline, they have less discretionary income for things like trips to Las Vegas, Brown said.
"Las Vegas is a place that is very dependent on (consumer) discretionary income," Brown said.

http://www.lvrj.com/business/mideast-shock-waves-may-ripple-through-las-vegas-tourism-industry-116939958.html
Right now, gas prices are between $3.30 and $3.50 a gallon in Las Vegas and more in California.
And what is President Obama's and Harry Reid's solution? Refuse to drill for oil, costing the U.S. tens of thousands of good paying jobs. Refuse to drill for oil and then increase our dependence for Middle East oil.
Reid knows that for the Nevada economy to survive, we need cheap gas but he doesn't care. He is all about green energy, which if it ever comes, will take years, if not decades for it to become useful and cheap for the average consumer. He has to know his beliefs are hurting Nevada because with higher fuel prices, there will be fewer people coming to Nevada. Maybe that is what he wants- fewer people to roam the Strip spending money and make it a nicer a environment for the whales who can spend the big money.
The policy of Obama on energy is hurting the poor, the middle class and everyone who has to eat.
Worst president ever.

3 comments:

  1. Roosevelt Vs. Obama

    What did President Teddy Roosevelt say?
    "Speak softly and carry a big stick."
    What does Barack Hussein Obama say?
    Also "Fight for Allah and not for America!"
    Want facts re our lawless Hypocrite-in-Chief?
    Just Google "Obama Fulfilling the Bible" !

    Edited by owner to remove racial slur

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  2. OBAMA FULFILLING THE BIBLE

    Can you guess which Bible verses Barack Hussein Obama likes to avoid?
    Proverbs 19:10 (NIV): "It is not fitting for a fool to live in luxury - how much worse for a slave to rule over princes!"
    Also Proverbs 30:22 (NIV) which says that the earth cannot bear up under "a servant who becomes king."
    And Ecclesiastes 5:2-3 (KJV) advises: "let thy words be few...a fool's voice is known by multitude of words."
    Although Obama is not descended from slaves, he may feel that he's destined to become a black-slavery avenger.
    Or maybe an enslaver of all free citizens!
    For some stunning info on Pres. Obama and his fellow subversives, Google "Michelle Obama's Allah-day," "Obama Supports Public Depravity," "David Letterman's Hate Etc.," "Un-Americans Fight Franklin Graham" and also "Sandra Bernhard, Larry David, Kathy Griffin, Bill Maher, Joan Rivers, Sarah Silverman." Also Google "Prof. F. N. Lee's ISLAM IN THE BIBLE [PDF]."
    PS - Since Christians are commanded to ask God to send severe judgment on persons who commit and support the worst forms of evil (see I Cor. 5 and note "taken away"), Christians everywhere should constantly pray that the Lord will soon "take away" or at least overthrow all US leaders who continue to sear their conscience and arrogantly trample the God-given rights of the majority including the rights of the unborn. Do we need a second American Revolution?
    PPS - For a rare look at the 181-year-old endtime belief which has long neutralized millions of American patriots by promising them an "imminent rapture" off earth - which has diverted them away from being prepared to stand against all enemies, domestic as well as foreign - Google "Pretrib Rapture Dishonesty," "Pretrib Rapture Diehards," "Edward Irving is Unnerving," "Pretrib Rapture Secrecy," and "Pretrib Rapture - Hidden Facts" - all by the author of the bestselling nonfiction book "The Rapture Plot" (the most accurate documentation on the pretrib rapture's long hidden birth in Britain in 1830 - see Armageddon Books). Also Google "Stamping Out Harold Camping."

    [saw the foregoing on the exciting net! Carol]

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  3. Thanks anon 2. Very interesting comments about the bible and Obama.

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