Thursday, November 01, 2007
Breaking the "rules"
I'm breaking the never-post-after-midnight rule as it's been my first chance to catch up on world news for a couple of days. How mad is this: Oil is almost US$100 a barrel, but the USD continues to set new record lows against the Euro, yet gas and diesel prices in Euro-land continue to climb.
I smell opportunistic profiteering. Yeah, the prices are jacked because oil barrels keep going up. Yes. But no. The USD is falling just as fast so where's the difference going? Oh boy, are those stock prices for the petroleum companies looking healthy.
It's totally not politically correct to say this, and after midnight, so double-plus bad, but forget investing in renewable energy companies and get on that fossil fuel bandwagon before the wheels finally fall off.
This could be worth a bit of research into the last hurrahs of staple-but-outdated technologies - you know, like the stagecoach, the gas lamp, the typewriter - to see if the leading manufacturers enjoyed a massive surge as they crossed the finish line. Any more for my putative research list? The fax machine? The CRT TV market (gut feeling is that this will show a fabulous last flourish), or the LP, which eventually lasted longer than the Compact Cassette despite tape taking over market share leadership briefly in the mad, mad days of something like 1988.
I smell opportunistic profiteering. Yeah, the prices are jacked because oil barrels keep going up. Yes. But no. The USD is falling just as fast so where's the difference going? Oh boy, are those stock prices for the petroleum companies looking healthy.
It's totally not politically correct to say this, and after midnight, so double-plus bad, but forget investing in renewable energy companies and get on that fossil fuel bandwagon before the wheels finally fall off.
This could be worth a bit of research into the last hurrahs of staple-but-outdated technologies - you know, like the stagecoach, the gas lamp, the typewriter - to see if the leading manufacturers enjoyed a massive surge as they crossed the finish line. Any more for my putative research list? The fax machine? The CRT TV market (gut feeling is that this will show a fabulous last flourish), or the LP, which eventually lasted longer than the Compact Cassette despite tape taking over market share leadership briefly in the mad, mad days of something like 1988.
# posted by Nesjo : 00:24
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