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FEAR AND CONCERN

Oil prices go up—Reuters is fearful:

Oil surged to record highs above $78 on Friday on fears that conflict between Israel and Hizbollah guerrillas could escalate and spread to more Middle East countries.

Oil prices go down—Reuters is concerned:

Oil has tumbled more than 20 percent from peak levels of close to $78 per barrel in July, sparking concerns among some producer nations of a prolonged slump in oil prices.

Posted by Tim B. on 10/05/2006 at 02:25 PM
  1. Delete concern, replace with loathing.

    Much better.

    Posted by John Fembup on 2006 10 05 at 02:36 PM • permalink

  2. Yes, but imagine the terror Reuters would feel—probably without scare quotes!—if oil prices stabilized. It’s too much to think about.

    Posted by bobpence on 2006 10 05 at 02:40 PM • permalink

  3. look. it’s how they prove that they are superior to you and me.  okay?  got it?

    Posted by murph on 2006 10 05 at 02:53 PM • permalink

  4. This is Reuters, practicing the Journalism of Everything Sucks.

    If sunshine ever penetrated the editorial offices, all their editors would probably burst into flames.

    Posted by RebeccaH on 2006 10 05 at 02:57 PM • permalink

  5. Life, is a Beach, al-Reuters.

    Posted by El Cid on 2006 10 05 at 03:01 PM • permalink

  6. Roses are red,
    Violets are blue,
    I’m a schizophrenic,
    and so am I.

    Al Reuters

    Posted by saltydog on 2006 10 05 at 03:09 PM • permalink

  7. Iran, Saudi Arabia and Venezuela are the nation state equivalents of badly disturbed teenagers with a massive lottery win, they have far too much money for their own good, but more importantly too much for our good, the day cant come too soon when we find an alternative to filling these evil and unworthy bastards treasurys.

    Posted by phillip on 2006 10 05 at 03:40 PM • permalink

  8. I believe Reuters would argue it’s not they that are fearful and concerned, but rather others.  In this case, the oil markets and oil producers respectively.  They’re only reporting it.

    Posted by wronwright on 2006 10 05 at 04:04 PM • permalink

  9. Clearly, Al Reuters is more concerned about oil than they are about people.

    Posted by The_Real_JeffS on 2006 10 05 at 04:50 PM • permalink

  10. Let’s try this again as if Kerry and Latham were in charge, shall we?

    Oil has tumbled more than 20 percent from peak levels of close to $78 per barrel in July, earning kudos among voters for government management of the precious commodity.

    Except that President Kerry would either be facing $120/barrel oil or have emptied the strategic reserve entirely before the elections.

    Posted by SoberHT on 2006 10 05 at 05:11 PM • permalink

  11. A prolonged slump in oil prices?!  Oh, the humanity!!

    Posted by Mark V. on 2006 10 05 at 05:24 PM • permalink

  12. If George Bush would only raise and lower prices a few more times quickly, Reuters will get stuck in the middle and suffer whiplash.

    Posted by -keith in mtn. view on 2006 10 05 at 05:37 PM • permalink

  13. Clearly, Al Reuters is more concerned about oil than they are about its crap journalism, nd they are oh so fearful for the pocket books of their favorite Arab, Persian, and Latin terrorists.

    Posted by stats on 2006 10 05 at 05:44 PM • permalink

  14. What they’re really ‘concerned’ about is making sure free market economic activity is portrayed in the worst possible light.

    What they’re really concerned about is creating a permanent impression that everything happening is negative, all of it in need of the ministrations of we-know-better international bureaucrats like the ones portrayed so glowingly so often by ‘Rooters.’

    And they’re counting on the short attention spans of busy people to miss their contradictory spin on everything they touch.

    Posted by cosmo on 2006 10 05 at 06:40 PM • permalink

  15. In Oz media, the oil price always soars but never plummets.
    On the other hand, the stock market always plummets or makes up some of last week’s losses.

    Posted by Skeeter on 2006 10 05 at 07:04 PM • permalink

  16. Reuterfication:

    Concerns about the falling birthrate in the industrialised west have been overshadowed by concerns about the increasing birthrate in the largest country in the industrialised west.

    Posted by Henry boy on 2006 10 05 at 07:07 PM • permalink

  17. I think cosmo has it: they don’t like the market determining the prices.

    Posted by Henry boy on 2006 10 05 at 07:08 PM • permalink

  18. If only we could find the level at which there is no fear or concern and keep it there.

    However, if we found this level, we may then have to avoid complacency.

    Posted by Margos Maid on 2006 10 05 at 07:09 PM • permalink

  19. I’ve just got to report this somewhere.  At Bega on the NSW coast, a greenie is organising ‘Clean Energy For Eternity’ Movement rallies.
    He’s appropriated the ‘Eternity’ lettering of the sincere Christian gent who made it famous by chalking the word beautifully on the streets of Sydney, always in the night hours.
    This eccentric was contrasting the secular life with the next one, but the Religion of Naturalism doesn’t get his point at all, and doesn’t respect it either..

    Posted by Barrie on 2006 10 05 at 07:25 PM • permalink

  20. Smith:  They know who their enemy is.

    MM:  Somehow, I don’t think our/their biggest problem would be ennui.

    If only we could find the level at which there is no fear or concern and keep it there.

    But they’d sure love to give it a try, wouldn’t they?  As with similar statist interventions, after they screwed everything up subsequent shortages would be peddled as a ‘need to conserve,’ get our cardigan sweaters out of mothballs, lower our thermostats to 68F and keep it under 55 mph.

    See: 70’s oil shocks and Carter’s wimpy response.

    Posted by cosmo on 2006 10 05 at 07:35 PM • permalink

  21. Oil prices stayed the same today, prompting concerns between both producers and consumers that pressure is building for a catastrophic price change in the future.

    —ReutersIs.bs

    Posted by localharbor on 2006 10 05 at 07:51 PM • permalink

  22. Quote of the Day..


    “Any adult Muslim who doesn’t fast doesn’t obey the order of God and he who doesn’t obey the order of God should be punished.”


    — Sheikh Abdulrahem Ahmed Mudey, information secretary of Somalia’s Union of Islamic Courts.

    Posted by 1.618 on 2006 10 05 at 08:22 PM • permalink

  23. Reuters seems to be staffed by the sort of people who get confused in the toothpaste aisle at the grocery store: “But—but, there are too many choices! Whitening, gel, tartar control, different brand names and flavors—Aaaaghhh! I can’t handle it!” In the meantime, normal people are buying the same tube of Crest that they used when they were kids and heading for the beer aisle.

    Posted by Andrea Harris, Administrator on 2006 10 05 at 08:43 PM • permalink

  24. If George Bush would only raise and lower prices a few more times quickly, Reuters will get stuck in the middle and suffer whiplash.

    That one had me LOL.

    Why do seagulls fly upside down over Reuters Headquarters?

    There’s nothing worth crapping on.

    Posted by trainer on 2006 10 05 at 08:54 PM • permalink

  25. “Oil has tumbled more than 20 percent from peak levels of close to $78 per barrel in July, sparking concerns among some producer nations of a prolonged slump in oil prices.”

    “Concern”, is it? Among “producer nations”, eh? Well, isn’t that just too damn bad? Pardon me while I cry all the way to the bank.

    Posted by paco on 2006 10 05 at 08:58 PM • permalink

  26. Oil prices are like temperature. They must never change or the apocalypse is upon us.

    Posted by Infidel Tiger on 2006 10 05 at 09:10 PM • permalink

  27. Wait, wait, falling prices are bad because people will use more oil and it will hurt more furry animals, big and small. Rising prices are bad because we rely too much on oil which hurts furry animals big and small, (handwringing) I’m so, so Reutered.

    Posted by Nic on 2006 10 05 at 09:37 PM • permalink

  28. Cheaper petrol, like more Americans, raises those environmental impact questions.

    Posted by Margos Maid on 2006 10 05 at 09:48 PM • permalink

  29. Cheaper oil is like Americans - plentiful and clogs your arteries.

    Posted by Infidel Tiger on 2006 10 05 at 10:06 PM • permalink

  30. What does ‘sparking concerns’ mean anyway. Outside the MSM and the ABC who uses that phrase in conversation? Do normal people ever say;

    A. ‘Bill, my concern has been sparked by the declining number of beer cans in the fridge.
    B. Yeah - better go to the shop

    Posted by Latte Libertarian on 2006 10 05 at 10:07 PM • permalink

  31. #30: What does ‘sparking concerns’ mean anyway.

    Good point. In many oil producing countries (think burkhas, mosques and no alcohol), concerns aren’t “sparked”, they’re “ignited with blasting caps”.

    Posted by paco on 2006 10 05 at 10:11 PM • permalink

  32. NPR (the US version of BBC radio) reported on today’s third day of record high Dow Jones prices by featuring a guy who argued that the Dow is a poor indicator of the US’s economic health. After all, the S&P and (get this)  NASDAQ are still down from their 2000 highs.

    I am confident however that news of the economy will greatly improve once a Democrat is in office.

    Posted by Brian O'Connell on 2006 10 05 at 10:11 PM • permalink

  33. 32 Brian O'Connell

    I am confident however that news of the economy will greatly improve once a Democrat is in office.

    Well certainly, if the Dems forgot 9/11 on 9/12…how on this God’s (that should piss off lefty lurkers) green earth could they remember the Tech Bubble that burst?

    Posted by El Cid on 2006 10 05 at 10:57 PM • permalink

  34. In my opinion, this sort of scare-mongering is fairly typical for the media. They know that bad news sells newspapers so they beat up the biggest scare they can find (globule warmening, Y2K, bird flu) or, if that doesn’t work, they put a negative spin on an otherwise positive story.

    Or Reuters could just be a bunch of wankers. Either explanantion works for me.

    Posted by Art Vandelay on 2006 10 05 at 11:25 PM • permalink

  35. “If only we could find the level at which there is no fear or concern and keep it there.”

    MM, whatever that level is (and I’m certain it is quite variable according to elite Lefty emotion) will be achieved when the President has a “D” behind his name.

    Posted by Vanguard of the Commentariat on 2006 10 05 at 11:34 PM • permalink

  36. I thought that oil prices were manipulated by evil Jews in Switzerland, as a means of keeping Palestinians in a constant stae of oppression?

    Damn it’s hard to type with one hand during Ramadan.

    Posted by Apparatchik on 2006 10 05 at 11:52 PM • permalink

  37. RebeccaH:

    O/T, but I created a Detective Paco story just for you (comment 98, under “Political Correctness Embraced”, in case you missed it).

    Posted by paco on 2006 10 05 at 11:53 PM • permalink

  38. paco, O/T, but best to paco jr. I’m sure he will make you proud, not to mention the rest of us.  My son-in-law is a Marine, first one in the family after 4 generations of squids (one Machinist mate, 2 Boilermen, one Seabee and a Radarman), flyers (B-25, B-29 and H-46)and one poor dogface (Grandpa Monte, who looks quite resplendent in his moustache, Doughboy tunic and campaign hat.) Your son is serving in fascinating times and next to his family, defending the best nation on earth will be the highlight of his life.

    Posted by Vanguard of the Commentariat on 2006 10 06 at 12:31 AM • permalink

  39. “But—but, there are too many choices! Whitening, gel, tartar control, different brand names and flavors—Aaaaghhh! I can’t handle it!”

    Actually…that sounds a bit like me…
    OH CRAP, I’m a closet moonbat….sob

    Posted by KP62 on 2006 10 06 at 03:57 AM • permalink

  40. I think Vanguard at #35 is onto something. That’s one consolation when the side you support isn’t in power. Sticking it to the governing party’s supporters when things go wrong. I almost miss when Labor was in power in Australia.  It was fun to hear their ardent supporters trying to explain away recessions, 11% unemployment, 17% mortgages, asset sales, currency depreciations, budget blow-outs etc or trying to put positive spin on policy decisons that were seen as “conservative”.

    Posted by Francis H on 2006 10 06 at 04:18 AM • permalink

  41. Reuters- its French for rooted from behind.

    Posted by Wylie Wilde on 2006 10 06 at 05:47 AM • permalink

  42. 36 Apparatchik

    Damn it’s hard to type with one hand during Ramadan.

    A fella’ wakes up, stumbles to his laptop, cranks it up, logs on, grabs a cup of java….and reads this?

    It’s a damn good thing I didn’t have a mouthful of coffee. I’m still laughing my ass off…THANKS for starting my day off with a big guffaw…Today is going to be a great day…rotflmao.

    Posted by El Cid on 2006 10 06 at 07:33 AM • permalink

  43. #38: Thanks, VOTC. Sounds like your family is absolutely loaded with marshall prowess! I never had the honor to serve myself (extremely poor eyesight), but my brother was in the Marines, and my father was in the Army. Also had a mess of Pacos killed in the Civil War (all on the losing side, naturally).

    Posted by paco on 2006 10 06 at 08:01 AM • permalink

  44. But you should have read the rest of the story:

    Oil consumers are delighted and the world is a better place now that funding for the islamo-fascists has been greatly reduced.

    Oh, sorry, that was me, not Al reuters.

    Posted by Wimpy Canadian on 2006 10 06 at 08:28 AM • permalink

  45. #34, why couldn’t it be both?

    Posted by trexkilla on 2006 10 06 at 08:38 AM • permalink

  46. #37, Paco, you are too good to me.  I don’t know what I’d do if I couldn’t check in here every day and have a good laugh.  Sit around the library all day and mumble at the brats, probably.

    Posted by RebeccaH on 2006 10 06 at 10:21 AM • permalink

  47. 43. No paco, its not even martial prowess, just a bunch of average joes, happy to live in one of the best places on earth and who didn’t mind serving when they had to.  Its not a bad family on either side: no millionaires, but no jail birds, deadbeats or dole bludgers either.

    Posted by Vanguard of the Commentariat on 2006 10 06 at 10:55 AM • permalink

  48. Damn it’s hard to type with one hand during Ramadan.

    During Ramadan, of course, all good Muslim ascetics use their free hand merely to polish the old oil lamp…

    Abracadabra! Out of the spout there spurts a foreign virgin girl. “Your wish is my command, oh master”.

    Posted by splice on 2006 10 06 at 11:32 AM • permalink

  49. #44 Wimpy

    You must have been reading a draft - the published paragraph said .

    Concern is being displayed in the Arab street about how falling prices will affect funding for the flow of arms into Gaza.  This is taken as further clear evidence of Zionist manipulation of the world economy, so that they can leverage their ownership of Smith & Wesson and Kalashnikov Inc into increasing their 100 million trillion zillion cabillion dollar profit from sale of Pepsis.

    Posted by rampisadmukerjee on 2006 10 06 at 11:48 AM • permalink

  50. that should have read “... from each Pepsi”

    Posted by rampisadmukerjee on 2006 10 06 at 12:08 PM • permalink

  51. Damn it’s hard to type with one hand during Ramadan.

    I hope all you people asked the imam so you know which hand is halal.

    Posted by RebeccaH on 2006 10 06 at 03:54 PM • permalink

  52. Coming soon November 12th to a theatre near you is…

    ” The Devil wears a Burqa”

    Miranda Allah Geepers, editor-in-chief of THE fashion magazine, Burqa Babes, offers a new Islamic female journalist (if they’re allowed to) by the name of Halhi lily bum bum, a chance to work at the most prestigious magazine in all of Europe Arabia.

    You’ll see the latest in Burqa fashion, lots of bluesand black colours and best of all the Prada Burqa.

    You’ll see beauty peep and hide the chick pagents and get to view The full version of the Afghan burqa which covers the wearer’s entire face except for a small region about the eyes, which is covered by a concealing net or grille all made by Prada for the humble working Islamite gal.

    Coming soon, book now for a preview and win a free prada burqa…....

    5 star ******

    Posted by 1.618 on 2006 10 06 at 06:33 PM • permalink

  53. What, no stories of Islamic fanaticism today? Well, try this on for size.

    Posted by paco on 2006 10 06 at 10:13 PM • permalink

  54. And what about the tragedy of athlete’s flipper?

    Posted by paco on 2006 10 06 at 10:50 PM • permalink

  55. I need two posts to move ahead of PW.

    Posted by Dave S. on 2006 10 06 at 11:59 PM • permalink

  56. Whoomp. There it is.

    Posted by Dave S. on 2006 10 06 at 11:59 PM • permalink

  57. o/t The anti detaining David Hix demo on Hateline last nite must have shown -well ten demonstraters at most.
    Btw Hateline on ABC was most entertaining last night,inadvertantly so I’m sure.
    Gerard Henderson whupped Prof Poison Dwarf (aka Robert Manne) from here to breakfast.
    He twirled the perpetually sneering prof around his head and threw him the appropriate distance (out of smelling range) -just using a little descriptive licence..
    Even though Manne was clinging desperately to Mckew’s coat tails at the time,bless the fiesty little lady she flew at Hendo,hammer and tongues…

    Posted by crash on 2006 10 07 at 12:08 AM • permalink

  58. Man, I used to be in #3 not so long ago, now I’m down to #6…well, at least my descent is making Dave happy, so there ya go. :)

    Posted by PW on 2006 10 07 at 12:24 AM • permalink

  59. #57 Heck crash, it seems I missed a prize fight there.  Will we have to call him Gorgeous Gerard or Hack Henderson after this? 
    The guy is usually so gentle with dwarfs.

    Posted by Barrie on 2006 10 07 at 12:51 AM • permalink

  60. #58 - nice try, P-Dub.  ;-)

    Posted by Dave S. on 2006 10 07 at 01:20 AM • permalink

  61. Heh, Dave S…............you still have a long ways to go to catch up with paco.

    Get typing!!!!!!!!!!!!!!!!!

    Posted by The_Real_JeffS on 2006 10 07 at 01:36 AM • permalink

  62. Actually ‘crash’ the rally in support of David Hicks attracted around 80 supporters.

    Posted by kilo on 2006 10 07 at 02:39 AM • permalink

  63. paco, that’d be the Koalas.

    There’s no limit to their global cultural hegemony.

    Posted by Henry boy on 2006 10 07 at 03:17 AM • permalink

  64. “... sparking concerns among some producer nations of a prolonged slump in oil prices.”
    Those producer nations are just victims! How dare the oiligarchies of the west stomp on their arms-buying, terror-funding dissent by paying less than $70 per barrel?

    Posted by blogstrop on 2006 10 07 at 03:53 AM • permalink

  65. #39 KP62. If you are worried about obsessive behaviour there is a simple test to see if you have it under control. Count the number of times you have to change sides while making a double bed.
    More than two? — you need help.

    Posted by Skeeter on 2006 10 07 at 06:43 AM • permalink

  66. From the MUNCH EASY thread below.


    51

    Posted by El Cid on 2006 10 07 at 08:04 AM • permalink

  67. Is it OK here to go OT?

    Always thinking of blogetiquette

    As it’s the big race tomorrow I’m already dressed up in my Ford gear with my Ford flag ready to race from the lounge

    I’m proud to be a Westie petrolhead even though I am a refined and cultured lady

    Posted by aussiemagpie on 2006 10 07 at 09:49 AM • permalink

  68. aussiemagpie

    Is it OK here to go OT?

    Yes, but please close the door…I mean….you know…:).

    Posted by El Cid on 2006 10 07 at 12:00 PM • permalink

  69. We fall off the topic all the time, aussiemag.  Andrea lets us know when we become a nuisance, although it’s wronwright who gets most of the beatings.  That’s because he keeps trying to sneak into her trophy room to steal back all his sharp toys.

    Posted by RebeccaH on 2006 10 07 at 12:39 PM • permalink

  70. Thanks for the advice and I’ll keep a watch out for Andrea
    :-D

    As for wronwright I’ll keep a close eye on him/her so I don’t upset Andrea but then I might want my sharp toys back too at some stage

    That is once I get my sharp toys confiscated

    Posted by aussiemagpie on 2006 10 07 at 01:19 PM • permalink

  71. #53 Paco—Gah!  So the Blind have to be more accomodating to Muslims who don’t like dogs; therefore the Blind should restrict their movement?

    Fuck England.

    Posted by ushie on 2006 10 07 at 01:22 PM • permalink

  72. “...sparking concerns among some producer nations of a prolonged slump in oil prices.”

    Fmph,  Snigger. Chukle.  Bwahahahahahahaha.

    ROTFLMAO.  I didn’t realize Al-Reuters went in for humor.

    Posted by Michael Lonie on 2006 10 07 at 05:08 PM • permalink

  73. #62 O I only saw about 12 ferals on some steps somewhere holding up the usual wailings.

    Posted by crash on 2006 10 08 at 09:12 AM • permalink

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