Saturday, April 26, 2008

Good Luck, Britain! Good Luck, World!

Oil production in the UK will take a 40% hit today due to a strike at a Scottish pipeline. Supply and demand are the greatest determinants of price, and since spring typically causes gas prices to shoot up like the dandelion stalks in my front yard (two feet tall, no kidding), I think we can safely say that Monday morning is going to be ugly.
Remember world - what happens to one part of the oil supply/demand chain, happens to all. Have fun!

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