Skip to main content

Oil Widget II

The oil price widget has worked it's wonders. Since I put it up, it has done nothing but sink and sink.. now at 132, down from that 145 mark I had started out at, it seems that the international markets have either come to their senses ( a tiny wee bit).
So hooray for demonstrative action!

This of course, does not mean that you should start using the stuff like mad (these kinds of price adjustments have to reach the consumer market first), but maybe it is a sign of things starting to be less expensive again. Rather take a moment to reflect on why a price of oil per barrel, evaluated amongst other things by demand, rose so high in the first place. It can't all be a few galahs on a Via del Muro speculating...

Comments

Post a Comment

Popular posts from this blog

The Books of Faragh 4: Of Lines

This time, it's really all about lines ;) Below: Book of Faragh 4: of Lines (May 2020) Faragh/فراغ (Ar): emptiness, vacuum, a free space http://caramk.net/faragh/faragh.html
Post a Comment
Read more

IGAF: An ahistoric crisis?

One of the many reasons I have grown to appreciate interviews with Arundhati Roy over the last year of what I'm calling her book tour is that, in contrast with many speakers at conferences and interviewees, I never have the feeling she is trying to sell me something. She speaks in a calm, collected voice, full of knowledge, experience and occasional wisdom, without being desperately full of herself. One of my favourite sayings is, so far, goes something like "The most successful revolution was the secession of the rich onto a global planet, wherefrom they cannot see the poor. There is no more India, no more USA, no more Europe- there is planet Rich, then there is planet Poor, and both are global."* Carers at their limits- now more than ever. For €2400 and some chocolates?  A month or so into what may be a new normal, my life is still pleasant- with some adjustment, I am, so far, privileged in this absence of change and an ability to follow the crisis as I would fol...
Post a Comment
Read more

The Books of Faragh Vol. 3: Of March 2020

The May Issue is available at  Modern Graphics in Oranienstr., Berlin.  It's all about lines.  Below: The April Issue of the Book of Faragh.  The comic I chose for this month was "L'Arabe du Futur 2 (1984—1985)" by Riad Sattouf. If the first volume is anything to go by, the second one (in French this time) should continue to be a thought-provoking journey through a youth in Syria and France. 
Post a Comment
Read more