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Monday, September 29, 2008
Oil prices plunged this morning, something that we would normally celebrate as helpful to air and road travelers. But the reason for the decline apparently is because of concerns that the bailout legislation Congress passed may not be much help to world economic growth. The dollar also strengthened against the Euro, in part because of worries about Europe's economy. More detail can be found at this link. 
Posted by Tom BELDEN @ 12:12 PM  Permalink | 1 comment
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  • 0 like this / 0 don't   •   Posted 6:28 AM, 09/30/2008
    Dow down 777 points... sorta strange. eh an airliner..anyway..List the next companies going down...Wachovia Bank./ Ford../GM.., The Inquirer../ Daily News..//CBS Inc.../// save your money ,,bury it..YHS


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About Tom Belden
Tom Belden has been reporting about Philadelphia International Airport and other air travel subjects for more than 20 years, writing columns for The Inquirer's Travel and Business sections. His reporting (with colleague Craig McCoy) on baggage handling problems in Philadelphia have been credited with helping to improve the system. His previous blog was called Road Warrior. He can reached at tbelden@phillynews.com.