Ho boy
filed in Commentary, News on Mar.04, 2005
So I read this article today (via Drudge) discussing how we’re looking at around a $0.23-$0.25 gas hike in the next few weeks, thanks to oil suppliers stockpiling oil out of paranoia over the immediate future availability of supplies — even though a recent DOE report pointed out that there is plenty of oil for the time being. Yay. However, one might forgive those suppliers for being jumpy: given the balancing act they are faced with of environmental regulations, innumerable demand for “designer” blend gasoline, refinery shortages, and the overall through-the-roof reaction that would result if there ever was a 70’s-esque gas shortage, I can’t really blame them for wincing when things in the Middle East is bouncy. And when aren’t they, now more so than ever.
And now today, I read that Iran has taken more steps (here and here) towards forcing the responsible countries in the world to do something to forcefully prevent them from developing a nuclear capability. And when you consider that article with this one, in which Iran states that it would retaliate against the oil trade passing through the Strait of Hormuz if any countries were to attack the “peace-loving Islamic Republic of Iran” (there’s a cluster of contradictions), things just get even rosier.
Now I really, really, REALLY wish I either a) lived within biking distance of work or b) still lived close enough to a MARTA station that I could bike to work via the subway. All this after I see an ad over the weekend for the new Honda Accord V6 Hybrid… practically an identical car to my own, but with double the gas mileage.
/salute Murphy
Morris salutes Murphy. Ten-hut!
March 4th, 2005 on 6:36:43 pm
The first thing that came to my mind: get rid of this Tahoe. And quick.
March 5th, 2005 on 5:48:22 pm
At work we talk about hybrids at lunch about once a week it seems, and each time draw the same conclusion: the price premium manufacturers are giving these cars – trying to ride the tree-hugger attraction wave – makes them make zero sense economically, unless maybe you drive a lot. You’re not going to make that price premium back through gas savings in a million years. (well…) Environmentally and cool-factor-ly, it does make sense. But this isn’t the same as buying something and then next week they’ve got bigger/better for the same cost.
You should add the “Nerdy” category for that WoW emote. ;)