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Fuel's Gold.
Byline: Matt Davis
When I committed myself to southern Europe in 2001, before Sept. 11 of that year, a U.S. gallon of unleaded was selling for the equivalent of $3.10 in Italy based on an exchange rate of 88 U.S. cents per euro dollar. (There was still an abundance of leaded fuel for sale in Italy, too, and catalytic converters were a novelty.) Americans were paying about $1.70 per gallon in the hardest-hit regions.
Fast forward to the day on which I write this, and things have altered. There is no more leaded fuel in Italy, and catalytic converters are the law on new cars. No smoking in restaurants or bars, either. It now takes 1.24 U.S. bucks to buy one euro, and an average gallon of unleaded here runs me $6.59. Americans are shaken to the core by the idea of maybe paying close to $4 per gallon this summer.
And diesel, all the rage in Europe, in 2001 was at a not-yet-horrible $2.85 a gallon. That same unit of fuel now hits us up for $6.13.
Depending on the per-barrel cost index you rely on, light sweet crude was averaging just less than $23 a barrel leading to Sept. 11. Checking the price now, $75 per barrel has been crested and only world economic trends could possibly ...
- Catalytic converters hot theft item; metal components sold.
- News wire article from: Bangor Daily News (Bangor, ME) January 17, 2007 700+ words
...trend is to steal catalytic converters by cutting them...What makes catalytic converters so valuable? The...harmful emissions. Catalytic converters have been required...operated in the United States since 1975. Unless...
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- Magazine article from: Recycling Today Harler, Curt June 1, 2005 700+ words
...the emergence of catalytic converters once buried under...eastern areas of the United States and in Canada...those accumulating catalytic converters. But come spring...manufacture of new catalytic converters," says Ashok...
- ADVISORY/Engelhard Celebrates 25th Anniversary of Catalytic Converters.
- Press release article from: Business Wire April 20, 2000 700+ words
...Day Features: This year marks the 25th anniversary of catalytic converters on automobiles in the U.S., as they were first used...some 30 - 60 percent of air pollution in some parts of the United States. - Developing nations: The catalytic converter is fast...
- Battle of the Bigs.(automobile and petroleum industries clash over new...
- Magazine article from: Sierra McManus, Reed March 1, 1999 700+ words
...Carmakers are backing the measure because sulfur damages catalytic converters, which are critical to efforts to reduce tailpipe pollution...substitutes for cars, and they now outsell passenger cars in the United States. California has already done away with the discrepancy...
- Catalytic converters don't save a market.
- Magazine article from: Futures (Cedar Falls, Iowa) Golle, Vince August 1, 1995 700+ words
...From Reconcilable Differences? United States - Japan Economic Conflict By C. Fred...positive economic developments in the United States after this agreement. There will...Kantor has indicated publicly, the United States wanted fixed, measurable and enforceable...
- Catalytic Converters.(Veterans of Hope video series profiles international...
- Magazine article from: Sojourners Magazine Brown, Stacia M. July 1, 2001 700+ words
...with a "veteran" of human rights or social justice struggles, including those who struggled for civil rights within the United States and those who worked for human rights in Guatemala, Mexico, Brazil, and across the globe. And each video pays particular...
- Thieves going after catalytic converters: REASON MAY BE METALS; RESULT IS NOISY...
- Newspaper article from: San Jose Mercury News (San Jose, CA) October 6, 2006 700+ words
...because somebody had stolen their catalytic converters. Over the past three months, dozens...South Bay auto shops with missing catalytic converters -- mirroring theft trends in other...system. Whatever the reason, SUV catalytic converters have become a hot commodity among...
- Study Finds Clean Air Catalytic Converters Emit Platinum Pollutants.
- Newspaper article from: Knight Ridder/Tribune Business News November 27, 2001 700+ words
...U.S. roads. The culprits are catalytic converters. Mark Schneegurt, an assistant...studies of roadside contamination by catalytic converters. Their study was published in a...Environmental Science & Technology." Catalytic converters have been used on U.S. cars since...
- Thieves increasingly targeting catalytic converters: Manteca hit hard by theft...
- Newspaper article from: Record (Stockton, CA) April 7, 2007 700+ words
...thefts in the past six months. Catalytic converters may seem like an odd thing to steal...the biggest target because their catalytic converters can be removed easily and quickly...good as gold. Actually, better. Catalytic converters contain tiny amounts of three precious...
- Metals put catalytic converters on thieves' must-have list.
- News wire article from: News & Observer (Raleigh, NC) January 31, 2007 700+ words
...slithering under cars and hacking off catalytic converters, valued for the precious metals...night for the past year and stolen catalytic converters off cars awaiting repair. On average...are doing this," Allen said. Catalytic converters are attached to the exhaust pipe...
Source: HighBeam Research, Fuel's Gold.