For a glimpse of how much higher energy prices could still soar, look beyond the prices Wall Street analysts normally track for West Texas Intermediate in the U.S. and Brent in Europe.
At the center of the supply squeeze in the Middle East, traders are paying an eye-watering $160 a barrel for the Emirati oil that can dodge the Strait of Hormuz, far above those global benchmarks.
Those sky-high prices, traders say, are a harbinger of where the rest of the market could be heading if the Persian Gulf isn’t reopened soon. That is because Asian customers are scouring the world for similar varieties of crude to keep churning out diesel and jet fuel.
Benchmark oil prices sank after President Trump postponed strikes on Iranian energy infrastructure and said the U.S. had held “productive” talks with Tehran, raising the prospect he might be searching for a way to end the war.
Penn Yan, the name of the village, is said to have been contrived from the first syllables of "Pennsylvania" and "Yankee", as most of the early settlers were from Pennsylvania and New England; the latter were known as Yankees. It became a trading center for the agricultural county, with mills for lumber, buckwheat and other grains. The village was the western terminus of the former Crooked Lake Canal.
With less then a week until the quarter ends, still working the dealers, very close on one of the deals, but they still need to come down a few thousand on price. I’m not happy about oil prices coming down or the improving spring weather but those are variables aren’t in my control.
Maybe a deal with happen today on the State Budget or maybe I’ll end up with a new truck by mid-day. Though there is still six days to run out the clock, and the deals I’m working on could sell out ot somebody willing to paid an absurdly high premium. And if that’s game they want to play, we can run out the clock. I don’t care that much, a nice truck for a good price, is something I’m open to but it’s toy to me. I can live without. And regardless, It’s tough with my work schedule to get to dealership, but I can always put a deposit down over the phone or call a friend to run a check over to them.
It’s so exciting and fun, though I’m increasingly sleep deprived as I continue to make the decision that will likely define my life between now and retirement. I do concede things may blow up between now and next Tuesday, trucks could sell, or negogations break down. I’ve seen many years when that happens with the State Budget. It was a late night over at the Pine Bush Meeting but we got a lot of things done. Another public hearing tonight about another development. Missed one last night, somehow it got overlooked on the agenda, it’s my fault I’ve been so busy. And work has been just insane this week, while I continue to text and call dealerships. No, I can’t come into your shop. Don’t you know I have a job to make SuperDuty kind of money. Spent over an hour talking to Ford Customer support to see if they could help make the deal.
As I have another meeting tonight, 🚌 I will be busing it to work, and then over to Lynne’s house at 6 PM. More database update, 💾 and whatever other craziness comes my way. Lots of coffee ☕ to stay wired. And then some weed to chill out and sleep when I get home, I don’t need to study more window stickers, dealers offers, and calculating numbers 🧮 into the wee hours of the night. 🛏️ The whole thing is kind of insane, as the hours grow thin on the month ⏳ as the game of chicken continues. 🐔 Honestly, I may be just walking next month, 👣 or riding my bike everywhere. That might be for the best, as I save so much money not driving and staying home. It’s kind of insane in many ways, but then again everything is in this world a giant clown car, as I listen to more Arlo Guthrie.
Chase Lake in Fulton County is a remote 70 acre lake that can be accessed via Pinnacle Road in Bleecker, which is between Caroga Lake and Bensen on County Route 125. It is a 2.5 mile back along a red-blazed trail, with a yellow-spur to the tent site on the southern end of the lake.