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Damn kids anyhow.
Passed last year's annual cycling mileage total today. Less than 400 miles to go to 3650.
Where the spark of intelligence never quite catches fire.
"The oil market sentiment remains bullish ... there is an overall upward trend toward the $100 level," said Victor Shum, energy analyst with Purvin & Gertz in Singapore. "Meanwhile, we can expect extreme volatility where on the one hand some traders will take profit while others will buy back positions."
Global Insight energy analyst Simon Wardell was even more unequivocal.
"The run on $100 ... (a barrel) now seems inevitable," he said in a research note. "In the short term all eyes will be fixed on the U.S. government's Energy Information Administration ... inventory data."
Those figures to be released later Wednesday are expected to show crude supplies dropped last week. Analysts surveyed by Dow Jones Newswires predict, on average, that crude oil inventories fell by 1.6 million barrels.
"The price rise is really driven by expectations of drawdowns in crude oil and distillate stocks inventories in the U.S. inventory report," said Shum. "Some cold weather reports out of the U.S. and Europe serve as a reminder that winter is coming and that there are still supply concerns."
Crude oil futures are about 50 percent above year ago levels, though still below the inflation-adjusted high above $90 a barrel reached in 1980 [...]or
Oil prices are now 67 percent higher than a year ago, but still well below the inflation-adjusted high above $90 a barrel set in 1980.
For all the lip-service our public officials seem to pay to our bike and pedestrian friendly culture, more often it would appear that regular citizens are the ones who do the most to promote and sustain the culture.
"Wisconsin could be the national leader in biking and pedestrian facilities,” [executive director Jack] Hirt explained. Instead, Wisconsin ranks near the bottom in use of federal transportation dollars for bike and pedestrian purposes. “We want to convince the governor to work with us to make Wisconsin a better place to bicycle,” Hirt said.
'We've always ranked in the bottom five states nationally in funding transportation enhancements,' says Dar Ward, [former] executive director for the Bicycle Federation of Wisconsin. 'It's getting worse.'