Just in case anyone out there is still wondering about the basic economics of the oil industry: When you raise the price of gas, the oil companies make more money. This has been true forever, and it's true today.
Gee, why would all these refineries be off line at the same time? Why would supplies be so tight? Is it because of those rotten environmentalists -- or do high gas prices and limited supplies actually make good business sense for Chevron?
Alas. Alas. As predicted by the Guardian, the Bruce blog, and most everybody in and around the Dean Singleton news operations, the bad news was flashed this morning by my reliable source in Contra Costa County in his note and Singleton story below.
This was a major story on yet more news consolidation in the Bay Area, but it only rated a three paragraph burial story on page 2 of the daily digest page of the business section of Singleton's only Bay Area daily "competitor," the San Francisco Chronicle. Read more »
"Childhood friends since age 5, Adam Stephens and Tyson Vogel have sustained longevity that very few people, let alone band members, can claim. Merging intelligent lyrics that often integrate historical references and human experiences beyond their own familiarity, Two Gallants captivate listeners with their unique breed of folk, punk and blues. Read more »
This just in, in, in: MIA will be playing DJ, spinning and freestyling, alongside Maximo Park tonight, July 26, at popscene. So if you were too slow on the uptake for the tickets to her show at Rickshaw Stop Saturday, July 28, or can't make her Amoeba Music instore in Berkeley that same day at 2 p.m., then you gotta 'nother chance to watch England's Tamil Tigeress wax specific.
Coming back from a special meeting of the Inter American Press Association (IAPA) in Santa Domingo,
I was pleasantly surprised to find a solid story on the front page of the Chronicle (Thursday, July 26th) laying out PG&E's sorry record on blackouts.
The head was good: "The Blackout Blues." The subhead was apt: "PG&E leaves customers in the dark more often than the other big utilities in California." The lead was a real lead: ""Pacific Gas and Electric Co. Read more »
...except they have better publicists. And lawyers. And whole record companies fighting to keep their embarrassing foibles out of the public eye. In the case of Beyonce, or Ms. B-Day (am I the only one amused that she named her album – phonetically, at least -- after a device that cleans your ass?), who fell head-first down some stairs at her Orlando concert on Tuesday, it’s probably all of the above. Read more »
Sup. Aaron Peskin has a new version of his Muni reform measure, and it includes an excellent provision to limit new parking downtown. This has Don Fisher's allies all atwitter -- and I hear Gutless Gavin is going to abandon his support for the measure, showing again that he's nothing more than an errand boy for downtown.