Author: Peter Price
Two years ago Governor Gavin Newsom asked to develop regulations for passenger vehicles and trucks to increase the zero-emission vehicles sold in California to reach the target of 100 percent of in-state sales by 2035. Now, the California Air Resources Board (CARB) has issued a new rule that officially bans the sales of vehicles that are fully gas-powered in the state by 2035. Almost all members of the board agreed with the rule, which will hopefully put an end to the sale of combustion-engine vehicles step by step. Through the first step, 35 percent of new car sales in the…
The pandemic outbreak caused a massive strain on the supply, availability, and cost ofmaterials in different industries. The construction industry was not spared, as the price of lumber and other materialsskyrocketed drastically. The rise in the price of building materials meant more expenses in repairs, renovations,and new construction of both building prices and projects. With things gradually returning to normal, the big question is, are construction materialprices decreasing? We will attend to that question in this article. But first, what factors fueled the increase inconstruction material prices in the first place? Let’s find out. Key Points The price of construction…
Alex Newman is a lot of things. No, seriously – there are so many layers to Alex Newman. Award-winning international journalist with a list of achievements as long as your arm. An educator and talented author with the kind of publications most people only dream of. A consultant on a passionate mission to glorify God in his work and everything he does. When it comes to Alex Newman, there’s more than enough to talk about all day. A native Floridian, Newman boasts a bachelor’s degree from the state’s beloved University of Florida. His work carries an emphasis on economics and…
During the last few months, the used car market has exhibited erratic behavior. The spread of the Coronavirus has resulted in a global shortage of new vehicles, fueling the desire to purchase used ones. Resultantly, as expected, used car prices also soared; in fact, they increased at a rate that dwarfed the price increase for new cars. How Bad Is It? Now that everyone is talking about it, let’s delve into the details and see how bad the present situation is. The graph shown below gives an idea of the overall situation. The dramatic increase in the price of used cars…