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Posts Tagged ‘consumer spending’

0 Mar 1 2012 @ 10:50am by Matt Smith in Crude Oil, energy consulting, Global Energy

2 Bugbears, 5 Reasons, 1 Reality

This is my final rant about gasoline prices (for now), so please humor me. First up, I have two bugbears relating to current gasoline prices:

a) higher prices are hurting the economy, and
b) this isn’t a supply-driven issue (so there is no need to tap emergency reserves). » read more

1 Oct 27 2011 @ 10:50am by Matt Smith in Economy, energy consulting, Global Energy, risk management

Six Degrees of Separation From My Cousin Paul to the Underwear Indicator

My cousin Paul told me a very funny story. He was walking along a street in East London when a car blaring out dance music pulled alongside him. Expecting some obnoxious teenager to open the car door, he was surprised when an 80 year-old man emerged. ‘Please can you help me, sonny?’ the man pleaded, music still blaring, ‘my grandson borrowed my car and I don’t know how to turn the stereo down’. Thus begins my tale of thinking ‘outside the box’, via my cousin and underwear.  » read more