Friday, January 05, 2007

CONFESSION ---- I was F.O.S.


Well, friends, you may remember that some months ago we were speculating in this blog that after the November elections, oil prices would once again rise.

In fact, we had some indication that it would happen, that prices were rising, but then the topic just sort of dropped off our radar screens.

However we now see that crude oil prices are falling. CLICK HERE Whoops,that's the opposite from what we expected. On our trip to Florida we did not notice any pump price drop, but then we're old and dumb.

So I'm wondering. Why are barrel prices of petroleum dropping against our expectations?

1. Because we are simply no good at predictions, at economics, or at second guessing the companies.

2. Because the Democrats have won control of Congress and the companies are shaking in their boots?

3. Because so far, this has been the warmest winter in the history of the universe?

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3 comments:

Crawford Tillinghast said...

Actually, the warmest winter in the history of the universe was a scorching 10^31 (thats 1 with 31 zeroes) Kelvin (or, to use a more intuitive scale, ~1.8x10^31 deg F) immediately after the Planck era, which was approximately 10^-43 seconds after the beginning of the universe.

These days, the universe is a chilly 3 Kelvin (or -454.6 F) and getting colder by the aeon.

=P

Crawford Tillinghast said...

Sorry for the typo, but there shouldn't be a "-" before 1.8

=(

Bud said...

HMM
I better go back and check my math ...