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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (45279)1/26/2006 1:52:37 PM
From: Knighty Tin  Respond to of 116555
 
Whiny Houstonians complaining about a free Lube job. Geez, can't these folks just be grateful? chron.com



To: mishedlo who wrote (45279)1/26/2006 1:55:59 PM
From: kormac  Read Replies (1) | Respond to of 116555
 
Mish,

You said in the Howestreet radio that oil costs are a small part of our trade. Well at $60 per barrel they are: 0.6 is the percent imported; 22 million barrels per day; 365 days in a year.

60*0.6*22*365 = 289 billion a year.


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