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Pump Girl Is Back At The Keyboard

And it feels like we’ve never been gone!!

Get ready to open your wallet for that last trip of the summer season. Crude prices jumped $10/barrel translating to something like an increase of $0.10/gal at the pump.

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Tesla Motors, the electric car manufacturer, turned profitable in July. Sales of its Roadster 2 sports car rose dramatically, and manufacturing costs came down.

“There is strong demand for a car that is unique in offering high performance with a clean conscience,” said Tesla Chief Executive Elon Musk, in a prepared statement. “Customers know that in buying the Roadster they are helping fund development of our mass market electric cars.”

The Roadster gets 244 miles to the charge.

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A little ray of sunshine from Goldman Sachs (NOT!). Analysts expect commodity prices to spike higher next year just like 2008. They see another possible $150/barrel price for oil. Supply shortages due to underinvestment and increased consumption to blame.

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