100 dollars a barrel

A year ago crude cost $60 per barrel

production output was comparable

US reserves were higher than they were in 2002-2003-2004

international unrest - not as ’speculative’

the weather was cooler than in past - but not severe as evidenced by New York City - average monthly temperatures

December 2006: 42.4F; January 2007: 36.5F; December 2007: 37.3F; Jan1-4, 2008: 26.5F

today we pay $100 per barrel - and are being told that it will only go higher in the spring/summer.

Call me stupid - but the numbers don’t seem to add up. I don’t understand why these conditions merit a $40/barrel premium.

This is an opportunity for Gas Retailers to step to the plate and develop proactive energy manangement programs with their customers as outlined in an earlier post.

Additional Information

The Economist - Oil keeps getting more expensive—but not because it is running out - January 3, 2008

Peak Oil - Wikipedia

Peak oil is the point in time at which the maximum global petroleum production rate is reached, after which the rate of production enters its terminal decline. If global consumption is not mitigated before the peak, the availability of conventional oil will drop and prices will rise, perhaps dramatically.

SEE ALSO:

If I were President #4 - Retail Gasoline 

2007 Visitor Stats to Miro’s blog

I started writing around June 2007.

Since that time I have had just shy of 1000 visitors from across the world. The 3 predominant countries being:

#1 - USA @ 40%

#2 - Cda @ 38%

#3 - UK @ 11%

There have also been visitors from:

Argentina, Austria, Australia,

Belgium, Bolivia, Brazil,

Chile, China,

Finland, France,

Germany, Ghana,

Hungary,

Iceland, India, Ireland, Italy,

Japan, Jordan,

Lithuania, Luxembourg,

Malaysia, Malta, Montenegro,

Netherlands, New Zealand,

Pakistan, Peru, Philippines, Poland, Portugal,

Romania, Russian Federation,

Saudi Arabia, Singapore, South Africa, Sweden, Switzerland,

Thailand,

Ukraine.

To all my visitors - Thank you for stopping by.

Please feel free to leave a note - I would love to hear from you.

Wishing all a healthy, safe and happy 2008.

Miro

World Class commercials

This will be a ongoing post to catalog exceptional creative advertising ( be sure to come back for updates and share your favorites).

This is an homage to great communication and entertainment, the kind of stuff that many would actually pay to see. Just imagine if consumers had the option of watching the commercials they wanted - it would raise the bar for everyone. In time - with internet/interactive streaming - this will be the new reality.

It raises the question as to what defines good advertising -”the truth well told”, shiny baubles or whatever moves product. That will be debated in a future post. For now just sit back and enjoy the craft….and no I don’t have a thing for dominoes ;-)

Coke

http://www.youtube.com/watch?v=EUiZGBCehU8

Coke

http://www.youtube.com/watch?v=AXx_xu6_VYY

http://youtube.com/watch?v=IDlFHEMVW-c

http://youtube.com/watch?v=gTPWsvLnp9Y

http://youtube.com/watch?v=gTPWsvLnp9Yobject width=”425″ height=”355″><param name=”movie” value=”http://www.youtube.com/v/gTPWsvLnp9Y&rel=1″></param><param name=”wmode” value=”transparent”></param><embed src=”http://www.youtube.com/v/gTPWsvLnp9Y&rel=1″ type=”application/x-shockwave-flash” wmode=”transparent” width=”425″ height=”355″></embed></object>

http://youtube.com/watch?v=bXdsaYHUn1M

http://youtube.com/watch?v=xIk7Q_DJIgQ

Honda Accord

http://www.youtube.com/watch?v=KmH5_IfMo68

Guinness Beer

http://www.youtube.com/watch?v=WeYMoz0zdag

Apple - 1984

http://www.youtube.com/watch?v=R706isyDrqI

Stella Artois

http://youtube.com/watch?v=R7CdATgfAD4

http://youtube.com/watch?v=EclrkrwPjyA

http://youtube.com/watch?v=YaunNQTkZqk