Oh, the suffering surfer! For years, Chris Mauro took a 10-mile detour on his way to work each morning to check out the swells at his favorite surf break and plot the best location for his afterwork wave-riding. But with gas now approaching $5 a gallon, Mauro recently cut out his daily ritual in favor of the savings. He isn't alone. The surging cost of oil has been a dose of reality for many surfers who have long thought of their sport, with all its sun-kissed lore, as a counterculture niche shielded from the pressures of mainstream America.
From the archive: This is a data-heavy presentation from two economists at CIBC World Markets. You'll have to make your own soundtrack. See how China dominates the growth in demand for natural resources. See how much is accomplished by Americans' purchase of hybrid vehicles, in the face of massive market growth in Russia and China. Watch how gasoline hits US$7/gallon by 2012. Watch ethanol peter out and energy capacity fall short. Watch the Case/Shiller HPI continue to plummet as delinquencies soar. And so much more!
Costly gas crimps surfers' style, roils industry |