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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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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.