Pump Dreams

Weather tends to pop its now-ugly head into modern life on a much-more frequent schedule than just a few short years ago — yesterday afternoon tornadoes cleared a chaotic path through the Dallas-Fort Worth area, with video showing tractor-trailers being tossed around like toys. CNN meteorologist Sean Morris estimated the tornadoes were EF1 or EF2…

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Pump Creative

Iran not unplugged: Oil prices on Friday briefly spiked to the highest level in three weeks following a report that Iranian oil exports dropped significantly this month. … Benchmark U.S. crude rose by $1.52 to finish at $106.87 per barrel in New York. Earlier, prices jumped by $2.95 per barrel in 13 minutes to $108.25,…

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Pump Politics

Sweet, Tiny Tim Geithner waxed philosophical last night, turning a gothic-literary phrase in explaining high US gas prices: Oil moves around in a “dangerous and uncertain world.” No shit nit-twit sherlock. And bravely battling this uncertain danger, yesterday I put another $20 worth of gas in my just-back-from-the mechanic Jeep Comanche, pulling the handle at…

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Ornery Oil

“If you don’t want it to be the most expensive year [for gasoline prices,] you’re surreptitiously rooting for an economic debacle.” — Tom Kloza of the Oil Price Information Service (via the Washington Post last week) (Illustration found here). Yesterday, I put another $20 worth of fuel in my old Jeep Comanche and still at…

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GAS — (And NOT the bowel blowback kind, either)

A good, quick guide for keeping track; from CNNMoney: The spike in oil last week could translate to an increase in gas prices of 37 cents per gallon in the coming weeks, according Moody’s Analytics economist Chris Lafakis. He estimates that for every $1 increase in the price of oil, retail gas prices typically rise…

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