Tag: Oil Prices
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Colorado revenue forecast worsens, pushing budget shortfall to nearly $1.5B
The latest revenue forecasts from economists at the state Capitol show that the state’s budget predicament has worsened — by hundreds of millions of dollars more. That, in turn, means cuts programs and services in next year’s fiscal budget will go much deeper. The state’s fiscal predicament also means no refunds for Colorado residents. Economists…
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War with Iran causes pain at the pump for Colorado Springs, state
As the war with Iran stretched into its 12th day, the average price for a gallon of gasoline in Colorado Springs climbed further. Since last week, the price per gallon has increased 53 cents, according to AAA. A gallon of gas averaged $3.57 in Colorado Springs on Tuesday, up from last week’s average of $3.04.…