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A local financial advisor says it may be tempting for the President to tap into our country's oil reserves, but he doesn't think it's a good idea. Tyler Simones is with Northwest Quadrant Wealth Management in Bend: "I think that's an aweful idea. This is a temporary fixible thing and things in the Middle East will resolve themselves and the prices of oil will trade backwards; it’s supposed to trade in the $80 range and so for the President to tap the oil reserves; it would be a mistake.” High gas prices can have a chilling effect on our economic recovery. Simones says every $20 above $90 impacts GDP about half a percent.

 

 

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  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)