solarbird | briefly

Marketwatch's Chuck Jaffe writes the post I made last month, politely putting it in his own words. And by the way, I wanted to clarify - before seeing his version, seriously ^_^ - that when I was talking about a local (but temporary) peak in the market for crude, I meant for crude. Pump prices lag crude prices, for obvious reasons.

I saw my first $3+/g price in Seattle, yesterday. On highest-grade premium, fortunately, but even the regular was at $2.83. Most stations are lower than that, but my little along-the-road count averaged around $2.70. (Low of $2.66, I think? I forget.)

Also, wage growth spent another month below inflation growth - and that's core inflation, not even including energy, which is normally valid but in this case kind of isn't - meaning that real income fell again. So I say again: if you are making decisions that are only economically feasible in the face of cheap oil and gas, please reconsider.

It's a rainy day, so here's the kind of plant that makes me think of rainy days, even if it was sunny when I shot it. ^_^ North path, again.