CRUDE OIL - A SHRINKING RESOURCE

CRUDE OIL, ENERGY, SHIPPING

Wednesday, September 19, 2007

Tom & Jerry show

Wall up the Street
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Screenplay - 1
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Smiling Tom is building a Wall on the Street, brick by brick. Amused Jerry is energetically passing him bricks. Soon they run out of bricks. Smart Jerry pulls out a brick from the bottom of the wall and passes it on to Tom, who with growing vigour and ecstasy, is busy pasting brick layers on top. One by one, jerry is pulling bricks from bottom of the wall and Tom is pasting them one over the other, layer after layer, without looking down.

Screenplay - 2
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Now their wall is hanging in the air, Jerry is still pulling out bricks within his reach and a virtually blissfull Tom is singing/whistling a song while pasting bricks on top. Scared but cunning Jerry, takes off from the spot as he sees the wall collapsing. Tom, oblivious of the disaster, without looking down shouts, "Jerry, Quick a brick!" and the next moment, Doom daam dhok!!! Crash*@# Tom is buried under the heap of bricks.

Casting:
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Tom: Investors
Jerry: Ben S. Bernanke

Location
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Wall street, New york

Thursday, September 06, 2007

Downstream has sour bent

India's current crude basket comprises 59.8% of the cheaper sour variety and 40.2% of the sweet crude.

With escalating cost of sugar crude, refiners are willing to add more lemon to their concoction and see the economy work in their favour.

The downstream industry has now asked the Petroleum Planning and Analysis Cell to revise the ratio for sweet and Sour grades in the Indian basket to 38.6/61.4 with retrospective effect from April 1, 2007

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