Biggest oil price drop in 17 years
Crude falls $6.45 a barrel - 2nd largest price drop in dollar terms
Ok, so I go on CNN and this is one of the headlines. Like this is going to make any difference to me. Still, I'm reading the article and I get to something that has driven me insane for years. Why haven't I just Googled this you wonder? I don't know. I wonder the same thing.The article said "Light, sweet crude dropped over $6.00 a barrel - " and there's where I stopped. We're talking oil here, right? Not the kind you cook with. Fossil fuels. Energy. The shit that turns into gasoline. So why in the heavens is it called "light, sweet"? Is it light? Does it have 50% fewer oily calories than heavy crude? And the sweet part! I always picture a giant barrel of black gold,oozing out, and some guy taking his finger and licking it, going "Mmmm...kinda sweet."
Or is it another kind of sweet? Is it affectionate crude? Is that even possible? Is there something called "Heavy Sour Crude?" Look, I know these are fucking stupid questions. But that's Ok because I'm stupid now. It's summer, I'm stupid, all my smarts dissipated back in June when I at least pretended to give a damn.
Enough with the oil and for the love of Jesus Christ on pogo stick - ENOUGH with the IndyMac disaster. And I'm NOT being insensitive as I have quite a bit of money with IndyMac in a CD. But I'm holding on and not running to the bank because well, I am NOT going to stand in line for 5 hours, and I trust the FDIC shitheads will still have my FDIC INSURED money next week and I'm going to deal with it when I get back. So there it is in all its glory: A bank that gave too fucking much money to too goddamned many people who didn't deserve it, couldn't pay for their fucking bloated variable rate sub-prime mortgages and now a LOT of people are gonna lose money that is NOT FDIC insured. Probably responsible people. So I see the IndyMac sign and I want to choke someone.
I just hope they put enough fuel in my plane on Thursday. Yes, I'm that neurotic. I hope they're still paying their mechanics - oh wait, never mind, I got off a Delta flight in Atlanta (Delta's hub BTW) about three years ago and all the news people were there because Delta had gone into bankruptcy. I don't know - is the government propping them up? How did that work?
Never mind. I'm going to find out what light, sweet crude is. It kind of sounds sexual. Or...maybe that's just me.
7 comments:
I've always been intrigued by "light, sweet crude" as well but never looked it up. I'd rather have it remain one of life's mysteries.
What's IndyMac? I totally missed that one. But my cash is FDIC insured. We'll see if they hold up their end of the deal.
Have a great time in GA. I'm sure Delta will get you there in one piece. Pilots aren't on suicide missions. Hmmm, that sounded better before 9/11.
ROTFLMAO!!! Yes it did sound better before 9/11. Shit S, ANYTHING IS POSSIBLE now. That's what that fucker Mohammad Atta and his 18 psychos taught me.
Oh - IndyMac - the second largest bank failure in US history. It's been ALL over the news but unless you're connected to it I can see how you might miss it, with Fannie Mae and Freddie Mac in trouble (who named these mortgage companies anyway??? A drunk farmer?). Banks and mortgage companies are just going down the shitter right and left. The gov't - while funding a war, is attempting to prop everything up. No doubt until the election when Bush Junior will unplug all the phones in the White House (this is assuming he knows what a phone is), pack up his ranch duds and git on back down to Texas so he and his war-criminal friends can shoot some more innocent birds.
Howdy, Hats. Followed you over from TTB. Something you wrote intrigued me. And then, I find your stories of 5th grade. Wow. I didn't know it was that bad. Considering what you've written, I truly fear for the future of humanity if these coddled punks take over someday.
It's a good think I drink a lot. I'll be long gone dead before I have to worry about any of them taking care of me in old age.
Anyway, just wanted to say hello. You're an interesting character.
Stay groovy.
~jeff
"fannie mae" and "freddy mac" are anagrams for something or other.....
i've heard of sweet crude, too. like you asked~~how do they know it's sweet? do they have a taste-test lab or something? would you want to eat that stuff anyway??
weird.
And the sweet part! I always picture a giant barrel of black gold,oozing out, and some guy taking his finger and licking it, going "Mmmm...kinda sweet."
Apparently that's not far off! I got the following info from Wikipedia:
"Light sweet crude oil" is the most sought-after version of crude oil as it contains a disproportionately large amount of these fractions that are used to process gasoline, kerosene, and high-quality diesel. The term "sweet" originated because the low level of sulfur provides the oil with a mildly sweet taste. Nineteenth century prospectors would taste small quantities of the oil to determine its quality.
:-D
Denise it is jax from TTB, are you still doing survey over at CSUN or have you moved on? I have a question about Henry Moore for ya..
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