Signs of the Times

As we wait to see what will happen in countries like Lybia, where gunfire is being called “Celebratory Fireworks” by the regime, the price of oil once again begins it’s inexorable climb. Down in the US, those charged with making decisions on behalf of the people are wishing that the magic 8-ball had answers for …

Intercity Buses

This is good news of sorts… More Americans are getting on the bus – Forbes.com “The growth in intercity bus traffic is being driven by a number of factors, chiefly the spiking price of fuel over the past year,” said Joseph Schwieterman, professor of public service and director of the Chaddick Institute, who directed the …

Remember this Price

Even if this report or forecast is accurate, what is the long term price for the same product… Merrill Lynch last week forecast an average 2009 crude price of $90, but added that the price could drop to around $50 a barrel in the “unlikely event of a global recession.” Airlines’ earnings forecast to rise …