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Show Panguitch • Panguitch Lake • Hatch • Bryce • Tropic • Antimony • Henrieville • Cannonville • Escalante • Boulder • Duck Creek Thursday, March 19, 2009 • Issue # 207 75-Million-Year-Old Dinosaur Skull ON Display Short-Term Energy Outlook Official Energy Statements from the U.S. Government GLOBAL CRUDE: Fol- in 2009 and $2.51 in 2010. Consumption Growth). The Bureau of Land Management Utah will proudly display a life-sized Gryposaurus Monumentensis skull at the Discovery Gateway children’s museum in Salt Lake City. A lowing the sharp price de- The expected continuing Production. A significant duck-billed dinosaur, this Gryposaurus Monumentensis skull is the first, mostly complete cline that occurred during decline in diesel fuel con- increase in coal exports the second half of 2008, sumption in the United in 2008 contributed to a dinosaur skull ever collected from Grand the global oil market has States this year as well as 2.1-percent increase in coal Staircase-Escalante National Monument. remained relatively stable the growing weakness in production. Production is The skull is approximately 75 million since the beginning of the distillate fuel usage out- expected to fall by 4.9 peryears old and measures nearly three feet year. This situation is ex- side the United States are cent in 2009 as lower total long. pected to continue through projected to result in a nar- domestic coal consumption The Gryposaurus Monumost of 2009, until econom- rowing of refining margins is combined with declines mentensis skull is part of ic recovery in the United for distillate throughout the in exports and an increase the BLM Utah’s Traveling States and elsewhere leads forecast period. Because in imports. Production is Exhibit Program. The dinoto a rebound in oil demand of the global weakness in projected to increase by 1.8 saur skull will be on display growth. at the Discovery Gateway industrial output, it is pos- percent in 2010 as domestic The future direction sible that we will see diesel consumption and exports until March 23, when it will of world oil prices in the prices fall below gasoline increase with an improvtravel to another location. In conjunction with National Children’s Literature Month, BLM Utah State Paleontolo- short-term will largely de- prices this summer. ing economy (U.S. Annual gist, Scott Foss, will read dinosaur-themed stories to children visiting Discovery Gate- pend upon the timing and Electricity: Consump- Coal Production). way. This is a unique opportunity to pique children’s interest in both dinosaur exploration pace of the recovery of the tion. An expected decline Exports. Reductions in global economy. Our mac- of 6.4 percent in industrial global coal demand, couand reading. BLM Utah invites you to visit Discovery Gateway where the exciting history of roeconomic forecasts are electricity sales during 2009 pled with the return to norsouthern Utah’s Gryposaurus Monumentensis comes to life and to participate in other derived from the IHS Glob- leads to a projected decline mal supply conditions in al Insight macroeconomic in total electricity consump- other major coal-producing fun-filled, educational activities surrounding this wonderful exhibit. model. If economic growth tion of 1.7 percent this year and exporting countries, are in the United States and (U.S. Total Electricity Con- expected to reduce U.S. coal overseas rebounds sooner sumption). Total electricity exports by about 10 million than expected, oil demand consumption is expected to short tons, an 11.8-percent could experience stronger- grow by 1.2 percent in 2010 decrease, in 2009. The imthan-expected growth and as a slowly improving eco- proving global economy is RESIDENTS: Could you use extra cash that is tied up in outpace production increas- nomic climate contributes expected to spur global coal that toy or tool that has been setting out in your garage. es, leading to rising pric- to a recovery in the sales of demand in 2010, leading to Advertise it in The Garfield Insider for 4 weeks for only $10. es. However, any upward electricity. a projected 12-percent inmovement in oil prices Prices. Despite the re- crease in exports. BUSINESSES: Take a good look at the special below. If this doesn’t will be muted by the rela- cent drop in generation fuel Prices. The average delivfit your budget, give us a call anyway. At only $25/week, you can tively high levels of com- costs, some electric utili- ered coal price to the electric afford to advertise that item that will bring the return. We can help mercial inventories in the ties have proposed slight power sector is estimated to you design a simple marketing campaign to help increase Organization for Economic rate increases in response have increased by about 17 your bottom line, and justify that $25 ad with minimal effort. Cooperation and Develop- to higher costs of securing percent in 2008. Declines ment (OECD) and surplus credit for purchases of fuel in electricity demand and production capacity among and wholesale power, while lower transportation costs members of the Organiza- other retail electricity dis- should see the average detion of the Petroleum Ex- tributors, especially in the livered coal price fall by 1 porting Countries (OPEC). West South Central region, percent in 2009 and remain OPEC is scheduled to meet have been able to pass the flat in 2010. Delivered coal March 15 to assess the mar- declining fuel costs on to prices tend to move more ket situation and determine customers through lower slowly than spot prices beits future oil production tar- rates. Residential electric- cause of the nature of existgets. ity prices are projected to ing long-term coal supply U.S. CRUDE: Regular- rise at annual rates of about contracts. grade gasoline prices, which 1.1 percent in 2009 and 1.8 EIA’s projections are not averaged $3.26 per gallon percent in 2010 (U.S. Resi- statements of what will hapin 2008, are projected to dential Electricity Prices). pen, but what might happen, average $1.96 per gallon Generation. Below- given technological and dein 2009 and $2.18 per gal- average snowpack in the mographic trends and curlon in 2010. The monthly Pacific region is expected rent policies and regulations. average price is expected to contribute to a 4.3-per- EIA’s reference case is based on current laws and regulato peak slightly over $2 per cent decline in U.S. hytions. Thus, it provides a gallon this year, although it dropower generation in the policy-neutral starting point weather remains possible that week- electric power sector during that can be used to analyze ly prices could rise signifi- 2009. Some of the drop in energy policy initiatives. EIA thursday cantly higher at some point hydropower and coal-fired does not propose, advocate, or high: 65 this spring or summer. Be- generation is expected to be speculate on future legislative low: 34 CLOUDY cause of lower motor gaso- picked up by natural-gas- or regulatory changes within line consumption, refining fired generation, which is its reference case. Laws and friday margins for gasoline are ex- expected to increase by 1.2 regulations are generally assumed to remain as currently will be held high: 63 pected to remain depressed percent in 2009. enacted or in force (including low: 35 for much of 2009 but are Coal: Consumption. The PARTly CLOUDY tonight, March 19 sunset or expiration proviexpected to increase slight- projected decline in elec- sions); however, the impacts of at ly in 2010 as consumption tricity consumption and scheduled regulatory changes, saturday Panguitch begins to recover. projected increases from when clearly defined, are rehigh: 60 On-highway diesel fuel some other generation flected. High School low: 33 PARTly CLOUDY retail prices are projected sources is expected to lead This report, like other EIA at 6:00 p.m. to average $2.19 per gallon to a 1.7-percent decline analyses of energy and envisunday in coal consumption for ronmental policy proposals, high: 53 electricity generation. An focuses on the impacts of those Full Time Professional proposals on energy choices low: 25 PARTly CLOUDY Real Estate Services expected increase in elec- made by consumers in all secServing Escalante, tricity consumption of 1.2 tors and the implications of Boulder, Brian Head percent in 2010 will lead those decisions for the econ& St. George monday to a 0.4-percent increase in omy. This focus is consistent high: 52 coal consumption for elec- with EIA’s statutory mission low: 26 few showers tricity generation (U.S. Coal and expertise. For Great Real Estate Service.... EVERYONE HAS SOMETHING TO SELL. Garfield School District Board Meeting www.trailsendre.com tuesday Mostly SUNNY high: 54 low: 27 wednesday Mostly SUNNY high:55 low: 29 Come Visit Us at 10 W. Main St., Escalante or Call Leslie Venuti 435-668-0540 or Denise Olson 435-680-4663. We can show all properties in the area and assist you with all your buying or selling needs. ESCALANTE: ‘Reduced!’ - Updated 3 bdrm home with new paint, fixtures & appliances. Oversized garage with workshop area and shed. Call for price. BOULDER: 171 Acres on Hwy 12 with Views, 4+ acre pond and tons of irrigation water. New reduced low price ! OUT OF AREA - You can’t go wrong with this cute & clean Cottage in Beaver on .41 acre. Drastic reduction to $99,975.00 THE GARFIELD COUNTY INSIDER is owned and operated by Snapshot Multimedia and is distributed weekly to all of Garfield County. Its purpose is to inform residents about local issues and events. Articles submitted from independent writers are not necessarily the opinion of Snapshot Multimedia. We sincerely hope you enjoy the paper and encourage input on ideas and/or suggestions for the paper. Thank you for your support. Winning is nice if you don’t lose your integrity in the process. 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