若露的博客

Random thoughts

2009-6-12 0:08:10 阅读(3) 评论(0)

September 15, 2009

Crude futures also rebounded strongly Tuesday because of the weakened U.S. currency.

Benchmark crude for October delivery rose 3 percent, or $2.20 to $71.06 a barrel. On Monday, the contract fell 43 cents to settle at $68.86.

U.S. oil inventories are higher now than in May, and analysts expect demand to drop off in the autumn following the summer

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Happy Birthday!

2009-10-6 6:12:53 阅读(26) 评论(0)

They say it's your birthday, by the Beatles.

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It appears that there is a lot of room for improvement in terms of maximizing aggregate demand and making economic growth sustainable. The Globe and Mail has an article titled " Living hand to mouth: It's not just a recession thing ".

http://www.the

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I am afraid of ... ...

2009-9-13 1:02:06 阅读(0) 评论(0)

I am grateful for all the fearmongering by the CPC. We should be afraid.

I am afraid of the 55 billion dollar deficit.

I am afraid I am not a “real Canadian”.

I am afraid I do not know the definition of “real Canadian”.

I am afraid of the fundamentalist right wing religious nut bars who are intent on cramming their God down my throat at every opportunity.

I am

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Speculators Drive Up Oil Prices

2009-8-29 22:25:16 阅读(2) 评论(0)

Melinda Peer , 08.28.09, 05:00 PM EDT

A recent Rice University study suggests governments put the foot down on oil traders.

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Rewarding Bad Actors

2009-8-4 22:52:16 阅读(3) 评论(0)

PAUL KRUGMAN

< 2009 2, August>

Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses. If you aren’t outraged, you haven’t been paying attention.

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Oil Market Mechanism

2009-7-27 21:19:14 阅读(2) 评论(0)

Peak Oil is a self evident reality. But it is a reality which we cannot manage with the totally dysfunctional market mechanism we have. If you cast your mind back to the Seven Sisters Big Oil cartel, we didn't see volatility of this order. In fact, we saw virtually no volatility at all. But we did see producer nations receiving virtually none of the fruits of their production.

IMHO global producers,

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