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Gas prices down for fifth week in a row

According to AAA Southern New England, we'll see cheaper prices at the pump for the fifth straight week, according to projo.com

The company's survey shows prices for regular, unleaded gasoline averaging $2.769 per gallon at the self-service pump. That's down five cents from last week and 19 cents from last month.

Posted by Peter C. T. Elsworth  at 12:12 PM to Gas prices | Permalink | Comments 0

Car and Driver ranks safest new vehicles under $25,000

The 2008 Saturn Astra and the 2008 Dodge Charger are among the Top 10 Safe New Vehicles priced at less than $25,000, according to the latest rankings conducted by caranddriver.com and reported in the Detroit Free Press.

All the vehicles that made the list met a list of criteria that included being equipped with stability control and a minimum of six airbags.

Posted by Peter C. T. Elsworth  at 11:47 AM to Safety | Permalink | Comments 0

Sold: ’84 Model. Runs Great.

Gooding & Co. sold an 1884 De Dion, Bouton & Trépardoux of France for $3.52 million, way up from the $1.5 million the auction house has estimated for the sale.

Tim Moore, who lives near Cambridge, England, was absent, saying he could not bear to be present when his beloved 123-year-old car is sold.

Last February in Paris, Christie’s sold a nonrunning 1890 De Dion for $929,773.

See a weekend New York Times story about the history of this fabulous car.

Posted by Peter C. T. Elsworth  at 11:11 AM to Collecting | Permalink | Comments 0

Gooding has record $60 million from 2007 Pebble Beach Auction

Gooding & Co. says its Saturday and Sunday's evening auctions following the Pebble
Beach Concours d'Elegance garnered more than $60 million in sales, according to PR Newswire.

The top sale was a 1931 Blower Bentley from the E. Ann Klein Estate which sold for $4.51 million. In the second-highest sale of the weekend, a 1959 Ferrari 250 GT
LWB California Spyder sold for $4,455,000.

Posted by Peter C. T. Elsworth  at 10:54 AM to Sales | Permalink | Comments 0

Oil slips as Dean seen sparing refiners

Oil fell more than $1 today after forecasts projected Hurricane Dean would skirt to the south of the U.S. Gulf of Mexico that is home to half of U.S. refining capacity and pumps a third of its oil, according to Reuters News Agency.

U.S. crude was down $1.06 at $70.92 a barrel by 9:44 a.m. EDT, erasing Friday's rally when the U.S. Federal Reserve cut its discount rate to restore order to financial markets and as Dean menaced

Posted by Peter C. T. Elsworth  at 10:21 AM to Oil | Permalink | Comments 0