Alltop, all the top stories
August 27, 2008

Fill Up on News – 8/27/08

 

A perceived risk of doing business in Russia has serious implications for Russian companies – particularly Imperial Energy.

Hurricane worries are sending oil prices up near the end of the day.

The US dollar eased out a bit today while the rest of the US stocks rose on oil.

Oil has a huge impact on the stock market today – here’s why.

The high price of oil in China has both positives and negatives for them.

Filed under:Daily News Post | by Guy in a Suit @ 5:43 pm | 

Uh-Oh The Hurricanes Are Coming

 

Paul Kedrosky (not a meteorologist that we know of) of Infectious Greed has a quick round-up of tropical storm Gustav.

Take a look at the weather maps vs. oil platform locations.

Another case of wait and see. Or should that be wait and sea?

Bill Luby of VIX and More goes even further than weather maps, and points readers to Intrade, a prediction market site where you can put your money where your mouth is (on hurricane landfalls and almost anything else).

Filed under:Fumes | by Pump Girl @ 4:54 pm | 

August 25, 2008

Traffic

 

After reading a recent review, we just put this book on our reading list: Traffic by Tom Vanderbilt.

As if it isn’t enough to deal with traffic and more traffic every day, somebody feels he has to study it and write about it! Some of his observations per the review.

How long is the ideal commute? 16 min. (ideal length for a slice of alone time.)

His visit with Hans Monderman we found fascinating.

At one point, Vanderbilt visits with celebrated Dutch traffic engineer Hans Monderman, who created the “intersection heard around the world.” Monderman redesigned a congested four-way crossing in the city of Drachten by basically removing all of the traffic signs. The lack of signals created uncertainty and forced drivers to slow down, cooperate with one another, and watch out for bicyclists and pedestrians. It also allowed traffic to flow more smoothly. His animating idea was to put some of the “social world” into the “traffic world.” While talking with Vanderbilt, Monderman demonstrated the success of his concept by walking backward into the street—with his eyes closed.

And everybody is a bad driver. We all have driving habits that we are not aware of, that make us accidents waiting to happen. (We have just been lucky so far.)

Open your eyes, people!

Filed under:Causes and Solutions,Fumes | by Pump Girl @ 8:12 pm | 

Fill Up on News – 8/25/08

 

Speculation on OPEC production is causing oil prices to edge higher and higher.

A fluctuating dollar and rumors of a tropical storm are also impacting gas prices.

The final factor contributing to oil’s pricing today dealt with the consumer (or lack thereof).

A low start to oil today had credit worries running through the minds of many investors.

A crucial pipeline running through Turkey has been repaired and is now functioning at its regular rate.

Filed under:Daily News Post | by Guy in a Suit @ 5:45 pm | 

August 22, 2008

Buffett & Gates Look At Oil Sands

 

Warren & Bill took time off from bridge and visited the Horizon Sands project in Canada this week.

They visited the $8.7billion Horizon project on Monday.

With reserves of about 173 billion barrels, the oil sands are the largest oil reserves outside the Middle East.

No comment on what the two took away from their tour

Filed under:Causes and Solutions,Fuel cost | by Pump Girl @ 3:18 pm |