The Wall Street Journal publishes a daily "best of the web" segment on their website, a humorous look at the important (and sometimes not so important though highly publicized) news items of each day. It's compiled by James Taranto, the WSJ's inhouse blogger and an occasional guest on Fox News.
After our "oily concerns" blog post on Monday, we got to thinking and decided to email James Taranto and see what he thought about our journalistic sleuthing.
Apparently, he liked it a lot. Or enough to include it in today's Wall Street Journal installment
The text below is his rendition of our "Oily Concerns" post.
Hard to Please
Here's an amusing series of news headlines about the Organization of Petroleum Exporting Countries. Dollar figures in parentheses are the price of a barrel of crude at the time of the article:
"OPEC Secretary-General Expresses Concern Over Rising Oil Prices"--May 16, 2004 ($40.77)
"OPEC Says It's Lost Control of Oil Prices"--March 14, 2005 ("north of $50 a barrel and rising")
"OPEC President Voices Concerns Over Rising Prices"--Aug. 28, 2005 ($66.13)
"Falling Oil Prices Add to Opec's Worries"--Sept. 12, 2006 ($63.76)
OK, we can reconcile the last two headlines and conclude that the optimal price of oil is somewhere between $63.77 and $66.12. But how can $63.76 be too low while $40.77 is too high? It's Goldilocks in Bizarro World!
Lest you doubt us, the bottom of every Best of the Web includes his thanks to the contributors:
"Thanks to John Krickus, Ed Lasky, Fritz Sands, [Sleuth]..."
Showing posts with label Wall Street Journal. Show all posts
Showing posts with label Wall Street Journal. Show all posts
Wednesday, September 13, 2006
Subscribe to:
Posts (Atom)
