Say Anything Blog

From another thread I posted it in:

http://www.msnbc.msn.com/id/12400801/

"Report shows gasoline demand is flat, motor fuel supply growing"

More at the link.  Spin, manipulation, press releases used to cause panic, cause speculation, more spin….and so it goes

FACT:  Gas prices at all time high in U.S.   Citizens ticked.

The demand is flat in the US;  worldwide demand is up, especially in India and China.  It’s necessary to tell the whole truth, not just the part that suits your agenda.

Back on topic: Russert, like most lefties, is economics-challenged, having believed Karl Marx’s fantasies.

"It’s necessary to tell the whole truth, not just the part that suits your agenda."

Would you pass on that pearl of wisdom to Bush?

Again with the monomania.

The look on Jim Cramer’s face is classic.

WTF are you talking about Tim?

I bet he was biting his tongue say "damnit why do I work for NBC?"

Rob, could you confirm if you’ve ever posted about the inflation-adjusted price of gas?  Seems to me that you did 18-24 months ago, when I started reading you…

I found this real quick at InflationData.com, any takers?  Diane?  Should I number it? 

(I am not disagreeing that Russert ate it, big time.  Reminded me of Laurel and Hardy.  "For that reason.  Right!")   

Tom, I did a while back.

I stand corrected.  I was hoping the author would have better recollection than I. 

But I will sleep like a champ tonight knowing that at least I took away from your post the content, if not the attribution or the date…    Thanks for the ammo.

  Glad I could help…   Though after looking over the post, I can see many, many improvements.  I am impressed that you recalled reading that!

I am a sponge for information that refutes the 30-second-soundbyte mentality we live in.  Again, thanks.

Tom, well said about the soundbite mentality we have now.  If only Bodman had clarified that when the market price is $75, that’s the price oil products go for, and those companies with their own reserves make a profit—the difference between their cost and the market price.

In other words, if you own an oil well that costs you $10/barrel, you’re in fat city when the market price hits $75/barrel.  Like the others, though, I’d guess that such analysis is beyond Mr. Russert.