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When the sun beats particularly hot on this land in the middle of the jungle, the roads sweat petroleum. ...more
February 9, 2009
In this tiny reservation town a hundred miles from the Canadian border where temperatures once hit 60-below zero, a Southern twang is sometimes heard over the din at the local diner and there is talk of Texas tea beneath the streets. ...more
November 10, 2008
Tom Cannariato continues to nurse the delusion that we could lower the price of gasoline if only we could put those oil rigs a little closer to shore. ...more
July 10, 2008
Likely time channel thinking is more pervasive and indelible than any other category of channel thinking. How long would it take to build a three bedrooms, two bathrooms, two-car garage, cement block stucco house, move-in ready? Once each year contractors in Broward County would build such a house in one day. The house was then sold with the proceeds going to charity. After World War I, the war to end all wars, the United States military was essentially dissolved. When World War II demanded that we re-arm promptly, a decade of re-arming was done within a year. ...more
July 3, 2008
Greater than the bombing of Pearl Harbor, the United States is suffering from external invasion and internal treason. Our very survival is at stake. I speak of our petroleum catastrophe. In essence, the Congress of the United States must pass the following laws: No petroleum pumped in the United States or its territories may be sold to any other countries. Owners of oil wells not pumping to capacity will be fined. All drilling restrictions will be abolished immediately. Incentive is offered for drilling new oil wells. The price per barrel of oil will be established at $50 (this includes imported oil. If they don't sell at this price, we don't buy.) ...more
June 20, 2008
AVON PARK — Remember January, when gas was $3.25 a gallon? Wall Street analysts were predicting gasoline would sell for $4 a gallon this summer. And here it is, still three weeks before summer begins, and the Shell convenience store in Avon Park just raised its price to $4.059 for a gallon of unleaded. Don't blame it on the store, said Mohammed Shamim, the owner. The store is still making just two or three cents per gallon as its profit. But fuel sales are off 25 percent. Since convenience stores use gasoline as a price leader to draw customers inside the store, sales of groceries are off 30 percent, Shamim said. ...more
May 29, 2008
David "Chip" Reese, whose plans for a Stanford University business degree were sidetracked by his success at high-stakes poker in Las Vegas, died in his sleep. ...more
December 6, 2007
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