Friday, June 17, 2005

 

Oil Setting Fresh Records

Geeze ... realized just now that I'm not posting enough. So to make up for it I'll post a couple things today. I already told you about how Jess left. So now lets talk oil.

OH MY GOODNESS! Fiddle Dee Dee ... Oil broke a new record (58.60 intraday settling at 58.47, and we're talking light sweet here not that sulpher-packed-unrefinable Saudi shit. I was going to say it punched through a record but thats gay, and we have to wait for it to go above $60 before we can say it punched through anything. Cuz $60 is a barrier. They say that it will take some major oil related supply/refinery/demand/labour problem to make it go that high. Ok ... here goes. TODAY IN NIGERIA WORKERS THREATENED TO STRIKE ON ALL SHELL'S PUMPING STATIONS, UNLESS A TRIPLING IN THEIR WAGES IS GRANTED. OIL PUMPING WILL BE SHUT DOWN FROM ALL SHELL OIL's TERMINALS IN NIGERIA EFFECTIVE IMMEDIATELY IF LABOURS DEMANDS ARE NOT MET FORTHWITH.

Ok maybe that'll do it. Are we at $60 yet?

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