Tuesday, August 22, 2006

OK Day

I gave out tests to almost all classes (anticipating that I would feel a bit breakable today). The day went by very nicely thank you. Going to give out Business Economics tests and try to keep them busy with filing tomorrow.

I cycled 105km yesterday, and ended strongly (in contrast to the previous weeks vomit session).

Went to Vasco's afterwards and had an excellent lunch with Fransa. Delicious grub!

On Saturday I cyled 45km of hills followed by a tough 9km run. It's nice training with a dedicated group.

Today I ran with a running squad - 1000m warm up + 5x 1000m at threshold pace. Did all of them in 4min ballpark.


Kunstler:

Message from oil man Jeffrey Brown in Dallas (westexas@aol.com), among our most trusted correspondents:
"Based on EIA crude + condensate numbers through May, world oil production is down by 1.3% since December. However, as I have been predicting, production from the top 10 net oil exporters is down more--3% since December. Since domestic demand in the exporting countries has to be satisfied first, and since domestic consumption in most exporting countries is rising quite rapidly, the effective drop in net exports from these 10 countries is probably more than 5%. In other words, net exports are probably dropping about three to four times faster than world oil production is falling."

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