A particularly nasty analysis of the relationship between the price of oil and the unpleasantness caused by hurricane Katrina. Read at your own peril.
People's Daily Online: "Oil price is incomprehensible"
Our folks are getting drowned like rats and the ChiComs bitch because our awful natural disaster is running up the cost of oil for them. Oil they need to make the stuff to refill the shelves of the flooded and looted Wal-Mart stores. The cost of energy might just offset the advantage they get from using slave labor. They don't like it. God forbid their costs of production should rise to the levels found throughout most of the Free World. Folks in the USA might have to learn how to make shoes again. And everything else.
September 01, 2005
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