Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

NY Times Columnist Will Bet You on Oil Price

by PeteB2 Tue Aug 23rd, 2005 at 01:18:00 AM EST

The Times' John Tierney proposed a bet (http://www.nytimes.com/2005/08/23/opinion/23tierney.html) with "Twilight in the Desert" author Matthew Simmons that the price of oil would not increase faster than wages:

"I proposed to him a bet using what Julian considered the best measure of a resource's value: how it compares with the average worker's wage. I offered to bet that the price of oil would not rise faster than the average wage, meaning that future workers would be able to afford oil more easily than they could today."

And he says he's willing to extend this challenge to anybody else who wants to take it. Will you?

(A little more below the fold)

Read more... (8 comments, 195 words in story)

News and Views

March 2023

by Oui - Feb 28, 167 comments

Your take on today's news media

More news roundups

More open threads

Occasional Series

Click for full list

Top Diaries

Shock Election Loss Rutte IV In Senate Race

by Oui - Mar 16
16 comments

Honduras Establishes Close Ties with China

by Oui - Mar 15
2 comments

A Return to Normalcy?

by Frank Schnittger - Mar 9
3 comments

A Grand Slam for Ireland?

by Frank Schnittger - Mar 14
11 comments

NI Protocol: It's all over bar the shouting?

by Frank Schnittger - Mar 2
3 comments

Chinese peace principles for the war in Ukraine

by fjallstrom - Feb 25
41 comments

The Windsor Framework

by Frank Schnittger - Feb 28
5 comments

Twenty years of war in Iraq

by eurogreen - Feb 22
32 comments

Recent Diaries

Settler Extremism Blessed by Jerusalem Leaders

by Oui - Mar 19
3 comments

US Interference In Lebanon-Syria-Ira
q

by Oui - Mar 17
18 comments

City Agriculture - March 17, 2023

by gmoke - Mar 17

Shock Election Loss Rutte IV In Senate Race

by Oui - Mar 16
16 comments

Stalemate Endures, Pessimism Grows, Deaths Mount

by Oui - Mar 15
19 comments

Honduras Establishes Close Ties with China

by Oui - Mar 15
2 comments

A Grand Slam for Ireland?

by Frank Schnittger - Mar 14
11 comments

Living In Spain and Social-Democracy

by Oui - Mar 13
4 comments

USA Censorship Act to Kill Disinformation

by Oui - Mar 13
4 comments

Flying Fortresses and Nuclear Threat

by Oui - Mar 12
8 comments

Universal Criticism Asylum Threshold EU Fortress

by Oui - Mar 11
12 comments

China Trade and Relations

by Oui - Mar 10
40 comments

SBU As a Terror Network

by Oui - Mar 10
15 comments

A Return to Normalcy?

by Frank Schnittger - Mar 9
3 comments

Georgia and Foreign Agents or Spy Law

by Oui - Mar 9
9 comments

Nord Stream Blasts Timeline of Denial

by Oui - Mar 8
13 comments

Crimea As Endgame Before Going M.A.D.

by Oui - Mar 6
14 comments

Scourge of Joint Alliance USA, KSA and Jihadists

by Oui - Mar 4
10 comments

Israel's Fascists Call for Genocide on Palestinians

by Oui - Mar 3
51 comments

NI Protocol: It's all over bar the shouting?

by Frank Schnittger - Mar 2
3 comments

More Diaries...

European Tribune