Gas Prices | Michael Gracie

All Posts Tagged Gas Prices

Post-Thanksgiving things to be thankful for

November 28th, 2008

A list not worth saving

I’m thankful one of my guests yesterday was an attorney. He’s already threatened to sue me over my cooking and I need a good lawsuit to keep my mind off work this holiday season.

US investors should be thankful for the SEC. They’re keeping their priorities straight.

The fishing industry should be thankful that nobody weighed this roosterfish. They’re gonna save a lot of endorsement money as a result.

Retailers should be thankful gas prices are plummeting. Consumer confidence is on the rise, just in time for the holidays.

Social network addicts should be thankful they have so many online friends, and that getting rid of them is such a good laugh for the rest of us.

And…

Those that have written off the mainstream media and its associated lackeys as toddlers in constant need of a new binky should be thankful that there are still some real grownups around.

Adieu.

Posted in Office | Tags: consumer confidence, gas prices, lawsuit, mainstream media, Prosper, retailers, roosterfish, SEC, social networks, Thanksgiving | Share | Sphere | No responses »

Crude oil off 67%

November 21st, 2008

The Jan ‘09 contract hit a high of $148.35 on July 11th. Just quoted at $48.60, it’s making new lows everyday.

Love thy Barchart

Over the summer the media was SCREAMING about high gas prices, and auto dealers were flooded with oversized trade-ins at rock bottom prices. Oil executives were marched into Congress at gunpoint to explain.

Call it an oil bubble, or the Yaris-Mini-Smart-Rio-Fit-Elantra-Aveo-Versa-SX4-Astra bubble. Either way, the media is now decidedly mum.

Posted in Office | Tags: crude oil, gas prices, mainstream media, small cars | Share | Sphere | No responses »