March 4th, 2009 • by David Zatz
Some time ago, I recall people on the forums claiming that the main reason for the spike in fuel prices in 2008 was lack of refinery capacity.
Today, I noticed a quick news brief from Reuters. To quote:
“Refinery utilization was up 1.7 percent to 83.1 percent, against the forecast for a 0.1 percentage point increase.”
That’s right, [...]
November 11th, 2008 • by David Zatz
You may remember how the analysts and reporters were claiming that GM, after acquiring Chrysler, would shut down pretty much everything but the minivans and Jeeps. At that time, you may remember my saying:
Rubbish, I say. Even if Rick Wagoner is as foolish as he looks. These people don’t know Chrysler. They are still thinking the Daimler line [...]