Week in review

TUESDAY

A new chairlift serving about seven ski and snowboard trails on the north and west sides of Mount Spokane is envisioned in a near-term development proposal for Mt. Spokane Ski and Snowboard Park.

•The price of oil gushed to a record high, spreading dangerously to factories, groceries, gas stations.

WEDNESDAY

Washington’s big three health insurers continued a run of annual profits in 2007 and socked away $266 million, swelling their surplus accounts to a combined $2.4 billion.

•Homeowners in Eastern Washington could pay Avista Corp. an extra $6.53 a month for electricity next year, if state regulators approve.

THURSDAY

Oil prices rose a remarkable $5 a barrel to a record of more than $104 after the government reported a surprise drop in crude oil stockpiles.

•Coldwater Creek Inc. reported a loss for 2007, its first ever.

•SRM Development LLC is moving forward with a condo tower proposed for the YWCA site in downtown Spokane.

FRIDAY

Crews next week are expected to start building the exterior walls of the joint YMCA and YWCA building on North Monroe Street.