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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 07, 2006
Page
45
A compact roundup of market activity and corporate updates from staff and wire sources. Stocks, earnings, and industry moves are summarized with a focus on notable price changes, corporate actions, and sector trends.
Rashall is promoted to Manager of Project Management at Ref-Chem with duties spanning EPC project management and control. He has over a decade in project and construction management and nine years with Ref-Chem. Also noted are senior promotions at American State Bank and Jerry P. Jones retirement from Pioneer Natural Resources’ board.
With warm weather and rising gas prices, scooters gain attention as affordable personal transport. The piece notes costs around $1000, high fuel efficiency, and license needs, then follows a Boise scooter rally featuring owners, culture, and history from the 1960s mod scene to modern rides.
High gasoline costs trigger record hybrid sales at Washington area dealers. Toyota Prius and Highlander Hybrids sell quickly, with Ford Escape and Mercury Mariner Hybrid up 75 percent in April. Dealers report supply struggles as demand outpaces production and fuel prices climb from 2.29 to 3.03 per gallon since March 7.
Small business owners like Rebecca Boegnik of Neutral Pasture Inc and Rebecca Herwick of Global Products cope with higher energy and freight costs. They cut expenses, raise prices, and seek cost cuts through longer deliveries, teleconferencing, efficient routing, and energy saving measures to protect competitiveness amid crude and fuel price surges.
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