CBS News: Drop in oil prices today is welcome

gristy

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Wed Aug-04-04 06:00 PM
Original message

CBS News: Drop in oil prices today is welcome

and it's a "trend". I swear, the anchor called it a "trend". Yesterday oil prices peaked at their highest level EVER, and a drop the next day is called a trend. I am left speechless. Again.

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Junkdrawer

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Wed Aug-04-04 06:01 PM
Response to Original message

1. Why does the phrase "whistling past the grave" come to mind?

:think:

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Ducks In A Row

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Wed Aug-04-04 06:01 PM
Response to Original message

2. we are so being screwed with

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Shakespeare

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Wed Aug-04-04 06:02 PM
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3. Was it John Roberts?

God, I hate that man. BRING BACK DAN RATHER! Roberts' rightwing bias has made watching the CBS evening news an unpalatable chore.

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Protected

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Wed Aug-04-04 08:49 PM
Response to Reply #3

7. Who is going to replace Rather when he retires?

Is it going to be John Roberts? I can't stand him, either.

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gristy

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Wed Aug-04-04 06:13 PM
Response to Original message

4. Does anyone know where I can find a graph of oil prices?

I imagine they graph it just like stocks. But where?

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Tatiana

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Wed Aug-04-04 06:26 PM
Response to Reply #4

5. Adjusted for inflation

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htuttle

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Wed Aug-04-04 06:32 PM
Response to Reply #5

6. Something to consider with that

According to the IRS, the average income in the US shrank 9% between 2000 and 2002, when adjusted for inflation. That makes the higher fuel prices (and resulting inflation) a bit more noticeable.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/07/30/BUG4M7VMHG1.DTL

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gristy

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Thu Aug-05-04 05:49 PM
Response to Original message

8. And so what happens today?

Edited on Thu Aug-05-04 05:50 PM by gristy

Stocks plunge as oil prices gush to new highs. This was not referred to as a "trend" this time... :eyes:

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