2 years ago

Prepare For $5 At The Gas Pump, Safeway's Security Barriers In SF Store, Civil Asset Forfeiture
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"I'm worried that it may get too high, above $100 (per barrel)," according to Scott Sheffield, CEO of shale explorer Pioneer Natural Resources Co., who was speaking to Reuters in an interview at the Petroleum Congress in Houston on Tuesday.
"I hope it stabilizes between an $80 to $100 range over the next several years. We need stability in the oil markets," he said.
The only policy remedy the Fed has for a recession or bear market is to create inflation. You can’t fight inflation and create inflation at the same time. So, the markets still haven’t figured out the dilemma that the Fed is in, and that ultimately, even if the Fed starts an inflation fight, it’s not going to win it. It’s going to have to surrender because the collateral damage to the economy is unacceptable.”
A Safeway grocery store in San Francisco, California, has redesigned the front end of its store to mitigate organized retail theft.

"This Safeway is getting weirder and weirder," one shopper told San Francisco Chronicle who walked through a newly installed electronic gate at the entrance of the store. The gates allow customers to enter the store but prevent thieves from running out with a cart full of stolen items.
Barriers were added throughout the checkout area, directing customers leaving the store into a single file line. Unused checkout aisles were blocked with large physical barriers. The store's side entrance was blocked by a new display of heavy plastic water bottles.

"Like other local businesses, we are working on ways to curtail escalating theft to ensure the wellbeing of our employees and to foster a welcoming environment for our customers. Their safety remains our top priority," Wendy Gutshall, director of public and government affairs for Safeway's Northern California Division, said in an emailed statement.

"These long-planned security improvements were implemented with those goals in mind," Gutshall said.

Safeway has yet to roll out the new security measures at other stores. The one on 2020 Market St appears to be a pilot test. It also reduced operating hours -- now closing at 9 pm to prevent late-night thefts.

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