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Maine Gas Prices Down More Than a Nickel a Gallon

 

Maine drivers are filling up for less this week, as gas prices in the Pine Tree State have dropped nearly six cents, to an average of $3.63 a gallon. That's a drop of almost 15 cents per gallon from a month ago and 33 cents lower a gallon than this same time last year.

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Photo from Facebook
Photo from Facebook

Maine Gas Prices Down Three Cents This Week

 

Maine's gas prices continue to inch lower, according to the price-monitoring website Maine Gas Prices dot com, the average price for a gallon of gas in Maine is now at $3.70. Prices are down almost 12 cents in the past month and are 20 cents per gallon lower than this time last year. Maine is still nine cents higher than the national average.

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Stefan Zaklin / Getty Images
Stefan Zaklin / Getty Images

Should Airlines Have The Right To Charge A ‘Fat Tax’?

An article in this month's Journal of Revenue and Pricing Management, makes the case for airlines to charge a so-called 'fat tax'. The author of the article, Norwegian economist Bharat P. Bhatta, writes that 'all passengers are not alike in terms of their weight and the space they take in a plane.'

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Photo from Facebook
Photo from Facebook

Maine Has The Lowest Car Insurance Rates

Ranking last on a list is usually bad, but this time Mainers will welcome ranking 51st out of 51, when it comes to having the least expensive car insurance rates in the country. Insure.com compiled a list of the most expensive states, including Washington D.C., with the most expensive car insurance rates.

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Photo from Facebook
Photo from Facebook

Maine Gas Prices Drop A Little

Maine gas prices slowly dropped this week. The price-monitoring website MaineGasPrices.com reported this week that the average retail price of a gallon of gas has fallen by more than a penny in the past week to an average of $3.76.

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Concrete Tent
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Concrete Tent Can be Assembled in Minutes

A new invention that could speed up construction or could be shipped to disaster areas for instant homes, is the world’s first concrete tent. The Royal College of Art in London engineering students developed a tent that is blown-up using a fan, and then can be hardened into concrete within 24 hours after adding water.  The tents can be shipped in a box to anywhere in the world and would be the perfect shelter that can be assembled in a very short time.

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Category: Business, Lifestyle, Offbeat Tags: ,
Disney Hong Kong
Getty Images, photo by MN Chan

China and Disney Opening a New Resort In Shanghai

The country of China and Walt Disney Company are partnering to build the Shanghai Disney Resort at a cost of $4.4 billion. This will be a first for Disney in mainland China with a completion date set for 2018. The Shanghai Shendi Group of China will own 57 per cent of the resort and Disney the rest and the financing will be proportional to the investments. Disney will hold 70% of the management company though.

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Marshmallow Peeps
Getty Images, photo by Wiillam Thomas Cain

Marshmallow Peeps Turning 60 This Year

Marshmallow Peeps, the Easter treat, is turning 60 years old this year.  The Peep was invented by the Rodda Candy Company in 1953, a year later it was bought by the current owner, Just Born. Bob Born, the owner, liked the way the Peeps looked, so he bought the company in 1954. Born had a machine made that would mass produce the Peeps and trademarked the name.

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Category: Business, Events, Food Tags: , ,
Getty Images/Mark Renders
Getty Images/Mark Renders

Maine Gas Prices Fall 2 Cents Per Gallon

Maine gas prices dropped two cents per gallon this past to an average of $3.78 per gallon, that's according to the price monitoring website MaineGasPrices.com. While that is good news, Maine's average price per gallon is still 14 cents higher per gallon than the national average.

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Spencer Pratt / Getty Images
Spencer Pratt / Getty Images

Flowers Foods Inc. One Step Closer to Buying Biddeford Hostess Plant

 

Hostess filed for bankruptcy in January 2012 and this past November they shut down all of their operations. Including the Biddeford plant which employed 400 people. There is potential good news for those workers, Flowers Foods Inc., a Georgia based company, placed a bid of $360 million for five of Hostess' bread brands, including Wonder and Nature's Pride. The bid also included 38 warehouses and 20 bakeries.

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