Good news! According to the U.S. Energy Information Administration, Americans had to spend only 4% of their pre-tax income on gasoline for their cars in 2012 -- a sum that hasn't increased since seven years ago.
Horrible news! According to the same U.S. Energy Information Administration, Americans had to spend a whopping 4% of their pre-tax income on gasoline for their cars in 2012 -- which works out to $2,912. That's the most dollars Americans have had to spend on gas at any time in the past 30 years.
Source: US EIA.
So ... which is it? Is this revelation from the EIA good news or bad news? Obviously, it depends a bit on how you look at it (and on which qualifiers you put inside the parentheses). For example, one way to put the EIA's figures in a positive light is that, if the dollars spent go up, but the percentage of income those dollars represent stays flat ... logically, this must mean people are earning more dollars from their jobs. So even if it doesn't feel like it for many of us, apparently, wages have gone up!
Hot Recreation Companies For 2014: Inventis Ltd (IVT.AX)
Inventis Limited engages in the design, manufacture, marketing, and sale of commercial furniture, electronic controllers, and computers in Australia and New Zealand. Its Technology division designs and manufactures custom embedded electronic control systems, such as controls for domestic heating and cooling products, precision HVAC systems, controls for precision pumps and measuring devices, healthcare and safety warning systems, banking machine and smart safe control systems, controls for consumer durables, and waste processing systems; and supplies light, siren, and electro-mechanical system controls comprising pump management and engine governor devices for police vehicles, ambulances, fire fighting appliances, emergency services, and field service vehicles. This division also provides portable computers, including rugged notebook and tablet PCs, rugged PDAs, and peripherals, as well as a range of information gathering and dissemination solutions for various commercial, industrial, mining, emergency services, security, police, and defense applications; emergency alert systems for evacuation warnings, school lockdown alerts, or a range of other site specific alert conditions; and wirelessly networked and controlled warning products designed to deliver timely alerts to road users, train drivers, and pedestrians of a range of danger conditions that require them to stop. The company�s Commercial Furniture division offers commercial seating solutions for office, meeting room, public space, and health and aged care applications; designer seating, desking, and storage solutions for public spaces and reception areas, task and executive seating, and meeting and storage applications; and a range of health and aged care furniture. This division serves a network of dealerships, architects/designers, project managers, and various government departments. Inventis Limited is based in Caringbah, Australia.
Hot Recreation Companies For 2014: Angle Energy Inc He Co.] (NGL.TO)
Angle Energy Inc. engages in the exploration, exploitation, development, and production of oil and natural gas reserves in Western Canada Sedimentary Basin, Canada. The company focuses on the recovery of liquids-rich natural gas and light crude oil. It owns interests in various properties located in the areas of Harmattan, Ferrier, Edson, and Lone Pine Creek in Alberta. As of December 31, 2011, the company had proved plus probable reserves of 18,575 thousand barrels of oil equivalent; and controlled 88,318 net acres of land. Angle Energy Inc. was founded in 2004 and is headquartered in Calgary, Canada.
Best Heal Care Stocks To Invest In Right Now: Carolina Trust Bank(CART)
Carolina Trust Bank provides general commercial and retail banking products and services for individuals, professionals, and small mid-sized businesses in the Lincoln County and surrounding areas in North Carolina. It accepts various deposit products, including non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company?s loan portfolio comprises home improvement, personal, automobile, vacation, school/education, home equity, mortgage, business, real estate, commercial, and equipment and collateral loans. Its other services include ATM, telephone banking, Internet banking, ATM/Visa check cards, credit cards, automatic funds transfer, direct deposit/ACH, accounts viewing, stop payments placing, pay bills, and payroll services, as well as safe deposit boxes services. As of July 23, 2010, the company operated six full service branches in Lincoln and Cat awba Counties; and a loan production office in Rutherford County. Carolina Trust Bank was founded in 2000 and is headquartered in Lincolnton, North Carolina.
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