bell:


chapnickman:


dihard:

The other night the World News cited a Moody’s Economy.com study that showed where the surge in the price of a barrel of oil actually comes from. Moody’s projects that if prices were based solely on supply and demand, a barrel of oil would cost only $75.
$30 is tacked on due to speculators, that is oil futures traders. They’re long oil, buying futures contracts with speculations that prices will continue to rise.
An additional $20 is caused by the weak dollar. Since crude oil is priced in dollars, as the dollar depreciates, higher prices are necessary to maintain a supply and demand balance. Since the dollar has depreciated about 10% in the last year, it buys about 10% less oil than it did a year ago.
The final $10 is attributed to what is called a risk premium — that is the apprehension in the marketplace that deliveries of oil supplies may be disrupted. This happens for a number of geopolitical reasons such as strikes in Nigeria or deterioration in Iraq. Sellers, therefore, demand a premium on current deliveries or hoard oil for future sales.
And there you have $135 barrels of oil. I thought it was interesting, though rather speculative itself.

bell:

chapnickman:

dihard:

The other night the World News cited a Moody’s Economy.com study that showed where the surge in the price of a barrel of oil actually comes from. Moody’s projects that if prices were based solely on supply and demand, a barrel of oil would cost only $75.

$30 is tacked on due to speculators, that is oil futures traders. They’re long oil, buying futures contracts with speculations that prices will continue to rise.

An additional $20 is caused by the weak dollar. Since crude oil is priced in dollars, as the dollar depreciates, higher prices are necessary to maintain a supply and demand balance. Since the dollar has depreciated about 10% in the last year, it buys about 10% less oil than it did a year ago.

The final $10 is attributed to what is called a risk premium — that is the apprehension in the marketplace that deliveries of oil supplies may be disrupted. This happens for a number of geopolitical reasons such as strikes in Nigeria or deterioration in Iraq. Sellers, therefore, demand a premium on current deliveries or hoard oil for future sales.

And there you have $135 barrels of oil. I thought it was interesting, though rather speculative itself.

Reblogged from Bryan Bell - tumblelog

Well, that was easy.

Just beat Guitar Hero Aerosmith on hard in about 3 hours. Um, this band must suck and write easy songs.
I’m a sucker for the simple beauty of good letterpress.
 Me too. Buy yourself a print here.
I’m a sucker for the simple beauty of good letterpress.

Me too. Buy yourself a print here.
Reblogged from cubicle 17
Choose a job you love, and you will never have to work a day in your life.
— Confucius

I enjoy this new gauge for fame. On a semi-related sidenote, Google Street View is the creepiest thing ever. (via)

I noticed that I was home when the Google car drove by my house. Dunno, if I’m famous, but I should put one of these things in my front yard.
I enjoy this new gauge for fame. On a semi-related sidenote, Google Street View is the creepiest thing ever. (via)
I noticed that I was home when the Google car drove by my house. Dunno, if I’m famous, but I should put one of these things in my front yard.
Reblogged from zetahydrae

I simply can't stand printers.

That and wireless networks. The voodoo required to get each of them running is simply through the roof.

I need to print some artwork on a set of CDs quickly for a work project. Since I frown quite heavily on the label approach (sticks in my car stereo, sticks in my slot loading Macintosh computers, scares the living hell out of me that that the label or toner will come off in flecks inside the machine) I opted to find a printer — quickly and cheaply — that could print on CDs.

It led me to HP’s All-in-One C5280. The concept is there, and the printer actually hooked up wonderfully to my Macintosh, contrary to some stories I read about online. The hickup all came after I’d printed a sheet of paper from my Mac and after I’d successfully scanned a document to my Mac.

When I placed the tray, with writable CD that came with the printer, into the slot provided by the printer, the little not-so-informative screen kept playing the video telling me to Load CD/DVD Tray, showing me a animation of how to do this.

I kept trying. Read the instructions. Lined the lines up on the tray with the lines on the printer. Pressed OK. Lots of stuff. Nothing worked.

Called HP support. After much time, several downloads to my Mac, the support person also thought it was a hardware problem. Told me they’d replace my printer. I told her I’d just take it back to Best Buy.

Next day, took it back to Best Buy. Odd, the person at customer service told me to take the printer to the Geek Squad guys to have them look at it in case they wanted to repair it. I told the person at customer service “I don’t care if you want to repair it. I want to return it.”

At Geek Squad, the geek flipped through the open box. Looked at the manuals. Didn’t bother to see if the printer ink that would be related to the open packages in the box was actually in the printer. Must remember this. Perhaps that’s a great way to get some free printer ink!

Back at customer service. Printer returned.

I’m going to go the route of the labels.

Why is it that printers and wireless networks are so difficult to get rolling?

If you can’t explain it simply, you don’t understand it well enough.
— Albert Einstein
WALL-E
I was going to write a review for WALL-E, maybe still will. But when posting the article, I found this:
“It’s hard to describe exactly why WALL-E is such a great film. First off, it’s just plain gorgeous. By far Pixar’s best visual work, not only design and texture and realism, but also direction. There are moments of WALL-E that are nearly beyond photorealistic, in the sense that they look better than you could imagine real life would.
On top of that, Pixar absolutely nailed expression and communication using characters who, basically, CANNOT SPEAK. A majority of the film is spent without speaking roles and it plays just plain perfectly.
It’s awe-inspiring and touching and genuine and amazing. Even if you’re the kind of person who doesn’t usually go for animated or CG films, you’d be a fool not to see WALL-E. Not only is it probably the best film made this year, it’s an instant classic and one of the best films made in recent history.”
It’s perfect. So is WALL-E.

WALL-E

I was going to write a review for WALL-E, maybe still will. But when posting the article, I found this:

It’s hard to describe exactly why WALL-E is such a great film. First off, it’s just plain gorgeous. By far Pixar’s best visual work, not only design and texture and realism, but also direction. There are moments of WALL-E that are nearly beyond photorealistic, in the sense that they look better than you could imagine real life would.

On top of that, Pixar absolutely nailed expression and communication using characters who, basically, CANNOT SPEAK. A majority of the film is spent without speaking roles and it plays just plain perfectly.

It’s awe-inspiring and touching and genuine and amazing. Even if you’re the kind of person who doesn’t usually go for animated or CG films, you’d be a fool not to see WALL-E. Not only is it probably the best film made this year, it’s an instant classic and one of the best films made in recent history.”

It’s perfect. So is WALL-E.

Reblogged from Maniacal Rage
Zoë, Grandpa & Chuck
A visit from Zoë earlier this year found us heading to Toledo to say hello to her great grandpa and great uncle Chuck. Was a quick visit, but a good one. We need to get up there more.

Zoë, Grandpa & Chuck

A visit from Zoë earlier this year found us heading to Toledo to say hello to her great grandpa and great uncle Chuck. Was a quick visit, but a good one. We need to get up there more.

Reblogged from carolyn.anna