tag:blogger.com,1999:blog-27602842.post2090084750529113491..comments2022-09-28T00:17:20.483-05:00Comments on The Moody News: Pet Peeves & Picturesejmhttp://www.blogger.com/profile/14332440411164341161noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-27602842.post-25517448350761610602008-09-15T13:33:00.000-05:002008-09-15T13:33:00.000-05:00Such cute pics. You are right. Elliot is a littl...Such cute pics. You are right. Elliot is a little chunk of love.Janellehttps://www.blogger.com/profile/08760908756193795248noreply@blogger.comtag:blogger.com,1999:blog-27602842.post-71438309611116299082008-09-13T14:46:00.000-05:002008-09-13T14:46:00.000-05:00the pictures are sooo cute!the pictures are sooo cute!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27602842.post-78979959415808835052008-09-13T08:14:00.000-05:002008-09-13T08:14:00.000-05:00Matt- RYC - thanks for the expert opinion. :) But ...Matt- RYC - thanks for the expert opinion. :) But now I'm curious: on the Today show this morning, they had a whole segment about how consumers changing their consumption patterns creates a shortage and drives up prices unnecessarily (esp. since the price of a barrel is DOWN)... ???ejmhttps://www.blogger.com/profile/14332440411164341161noreply@blogger.comtag:blogger.com,1999:blog-27602842.post-25953132333617713262008-09-12T18:28:00.000-05:002008-09-12T18:28:00.000-05:00ejm - it's matt - let the "economist"...ejm - it's matt - let the "economist" provide a basic lesson in how the oil market works; your illustration of supply and demand is, although correct in general, irrelevant in the matter of oil and gas. On the NYSE, crude oil trades on a "futures" basis, meaning speculation on what the future price of a barrel will cost. Gas prices are not directly correlated with the current market price of oil, but if the oil futures are headed up, gas prices will follow on a lagging basis. So you see, the recent spike in gas is not being set by the market (since crude was trading at <$100 barrel today). In fact, prices are rising from gauging which you mentioned. National gas and oil supply is actually up!! The whackos who are panicking and lining up at the pumps (saw the same thing here today too) are NOT going to affect the price of oil or gas either now or in the future. BTW - prices here have jumped 40-50 cents in 2 days!! <BR/><BR/>Make sense? lol<BR/><BR/>thanks for the comment re rice cakes and vmoiting on my facebook account...funny memoriesKatherine Maxeyhttps://www.blogger.com/profile/04076853031092652593noreply@blogger.comtag:blogger.com,1999:blog-27602842.post-78151326595590004592008-09-12T16:16:00.000-05:002008-09-12T16:16:00.000-05:00I'm totally with you on the unnecessary panic surr...I'm totally with you on the unnecessary panic surrounding these events. I was working at the hospital when y2k happened so you can imagine all the chaos that ensued there. They actually had us hunker down in the break room right before midnight! Like the world was coming to an end or something! Ha! Forget about the patients... they were left to fend for themselves in their rooms. How ridiculous. <BR/>And I love the pics...Elliot is getting so big!Katherine Maxeyhttps://www.blogger.com/profile/04076853031092652593noreply@blogger.com