It's all about oil my friends
LaGuardia Airport is having a power outage right at this moment. Con-Ed in NYC had it's biggest day ever yesterday. Global Warming obviously increases the demand for energy because it's hot out there. Look for more power outages across our fine country.
Meanwhile, inflation went up today. China's GDP grew, are you ready, 11.3%. You think they're going to demand more oil? I'm thinking yes. Oil is back up over $76 per barrel.
So, Global Warming coupled with increased demands for oil lead to higher and higher prices. Tensions (don't you love that euphemism?) in the Middle East increase prices. At what point do we change our driving habits? $4.00 per gallon? $5.00?
It's going to be a long, hot summer.
Meanwhile, inflation went up today. China's GDP grew, are you ready, 11.3%. You think they're going to demand more oil? I'm thinking yes. Oil is back up over $76 per barrel.
So, Global Warming coupled with increased demands for oil lead to higher and higher prices. Tensions (don't you love that euphemism?) in the Middle East increase prices. At what point do we change our driving habits? $4.00 per gallon? $5.00?
It's going to be a long, hot summer.
posted by Lynne in Lakeland at
Tuesday, July 18, 2006
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