Thursday, July 13, 2006

 

Daniel Yergin Day

Today is officially Daniel Yergin Day. Back in Nov 04 he was quoted as saying we were headed towards $38 per barrel. Guess what, today we hit $76 per barrel, doubling that forcast. Yeehaw. Olduvai here we come.

Update: Wow this got dated fast. Later on in the same day it spiked to $78.40. Thats right, blew through $76 reocrd, blew through $77 record, and then on through $78 all in the same day. This is spike all about the MiddleEast Mayhem of course. What will happen when we throw some GOM hurricanes into the mix? Higher of course. Shit man.

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