Some Links for Saturday June 21,2008

June 21st, 2008 7:23 pm | by John Jansen |

Saudis will argue that speculators are in large part resonsible for the run up in energy prices. King Canute thought that he could command the seas.It didnt work for him.

 Here is an interesting take on oil prices from the Arab perspective. No sorrow here for the American guy in his 8 cylinder car paying $4 a gallon for petrol.

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  1. 4 Responses to “Some Links for Saturday June 21,2008”

  2. By jc on Jun 22, 2008 | Reply

    no no…King Canute wanted to demonstrate that even the power of kings had a limit. He did this with his famous command. You have it exactly backwards….

  3. By MD on Jun 22, 2008 | Reply

    It seems it is not clear which way around the legend is:
    In modern days, he (King Canute) is perhaps most famous as the subject of a legend concerning an attempt either to turn the tide, or demonstrate the impossibility of doing so, for the benefit of fawning courtiers. (from Wikipedia)

    The price of oil shows how many business have been looking at optimising nearly everything but the use of energy.

  4. By John Jansen on Jun 22, 2008 | Reply

    I always thought that Canute’s attempt to command the sea was an act of arrogance but after reading these comments and doing some googling, I guess I am wrong.

    And those who know me well know that it pains me to use google as a verb.

  5. By Adan Lerma on Jun 22, 2008 | Reply

    there’s certainly been no encouragement or effort by either the oil or auto industry to economize or find alternative fuels, not to any real effect anyway

    most people needing to work everyday, do chores and take care of kids after work, don’t have much energy or time to find an alternative technology vehicle

    most people never see, hear, and know of any message than to buy, preferably on credit, over a long period of time, to the maximum they can’t afford 🙂

    mileage available back in the 70’s, the 30 mpg range, is being touted as great now

    i can’t help but believe a slow incremental increase in mpg has been available and held for when needed for a long time now

    and i keep hoping the oil and auto industries really do have held back technologies that they’ll use to “rescue” america from foreign dependence thus re-making themselves as american icons and heroes to the purchasing public

    but then i still believe i’ll win the lotto 🙂

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