No Title because I can’t think of one. XD

March 30, 2009 at 9:56 am | In Economia | Leave a Comment
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Yeah I realize that I didn’t do my weekly update on Friday. >.<  3 reports for school commanded my attention, and so that’s what I worked on.  Still not completely finished, but I do have everything needed to write them up!

At this time, Obama has basically said “No Bailout Money” to GM and Chrysler.  Dow and company don’t like that news apparently (At the time of this post.)  So it seems the government wants to try a new route, with a “plan” to be unveiled at like 11 a.m. EST.  Oh and GM boss quits. <.<

In other coolio news, oil is down. XD  My medium-term prediction (next 3 months or so) is another run-down on oil.  Storage capacity is overly full, so the cost for the companies to keep them there will soon be at the point where a discount sale price is needed to maintain some profit.  But that may not mean lower gas prices this summer (It could lag behind the oil price for weeks), with distilling capacity also shrinking. 

It’ll be an interesting week, up and down and all around is the attitude for the week. XD

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