Comments | reality_hammer: Oil!

reality_hammer

Oil!

Jan 16, 2009 17:56

An FYI post about the price of oil (adjusted for inflation, of course).

( Read more... )

energy, oil, inflation

Comments 11

dlombard January 16 2009, 23:24:57 UTC

It would be a good idea for airlines to talk to their attorneys about what it will take for them to get out of their hedge contracts and renegotiate new, 5-year deals. They will see killer revenue for really long time if they do that.

reality_hammer January 16 2009, 23:36:12 UTC

That's one of the reasons gas prices are still so high. We have to wade through a lot of oil and gas contracts bought during the hysteria of last year.

inibo January 17 2009, 13:36:33 UTC

Going long on gold might be a better idea.

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reality_hammer January 18 2009, 07:42:33 UTC

I like gold.

But I can't fill my gas tank with it. :D

schpydurx January 18 2009, 16:55:28 UTC

I predict that the price of oil will fall while we see $4+/gallon at the pump to to Obama taxing the hell out of it to make people be more eoco-aware. I further predict that until the mob that voted Obama into office kicks him out, we will have no relief at the pump while he's in office.

P.S. Though it's on a different blogging network, I think you might be interested in this post and the resulting fallout. I'm Professor Tom. It shouldn't be too hard to spot the majority of my comments there; I have a unique avatar, not unlike the one I used here.

reality_hammer January 19 2009, 00:56:35 UTC

I actually started out on Xanga before moving to LJ.

schpydurx January 19 2009, 16:47:19 UTC

Why did you change networks? Have you considered cross-posting?

reality_hammer January 20 2009, 18:27:31 UTC

LJ had a more open system where you could tinker with not just the appearance of your blog but also change the source code itself. Plus LJ has better friends/communities arrangements. IIRC at the time Xanga was just getting started with their version of a community and their method checking "subscribed" blogs isn't as elegant as LJ's.

I could probably use a posting client to include Xanga in post distribution (they already go to Multiply and Facebook and by various RSS methods, etc.) but I really don't have time to monitor comments in that many systems.

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