Oil.....

Oil is front page news again. Usually, I'd say something on the front page was overhyped.

Not today.

Here are a few of the things I'm considering:

• Instability is accelerating, and the only sane country in the U.N. is the U.S. Even Great Britain is cowardly running away. With all this support, the Arabs will have great hope that something will go their way. Unfortunately for the cowards of the world, they don't realize that evil men will never be happy unless they're oppressing or killing someone.
• Instability is multiplying: Iraq, Iran, Venezuela, Nigeria...
• The boom in commodities starts and ends with the economic boom in the United States. There are two components to this trend:
• Demand goes through China.
• The dollar is weak (high trade deficit and budget deficit the most likely culprits)