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"The flip side of global economic turmoil," ABC's Sharyn Alfonsi (embargoed link) told us, is that demand for crude oil is cratering. She showed us signs at gasoline filling stations where prices are already below $3 per gallon. Compared with this summer's peak, Alfonsi predicted that an average family will save $700 annually on fueling the car. ABC anchor Charles Gibson got off the bus in Racine Wisc to check out Gateway Technical College. Despite the city's unemployment rate, which is close to 10%, it has a shortage of skilled workers. The college's job training program finds work for 95% of its graduates. NBC's Kerry Sanders stopped off in downtown Charlotte NC, where Wachovia Bank had built three skyscrapers and was working on a fourth, before it was forced to sell out to either Wells Fargo or Citigroup. The banking center now faces "pain familiar in other regions of the country, declining property values and a pinched economy."
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