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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Webster Groves who wrote (62226)	3/30/2006 8:09:41 AM
From: Tommaso	Respond to of 206085

>>>Many state universities have now instituted "course forgiveness" programs, whereby a student may repeat a course to get a higher grade and the old one is expunged from the student's record<<< The idea there is that the student pays tuition and fees all over again, boosting enrollment and income. At some state universities, "fees" exceed tuition charges. The fees pay for athletic facilities and other nonacademic "attractions," such as rock concerts and fireworks displays, the purpose of which is to help bring in yet more students to pay yet more fees. The administrators who run this are quite well paid. They consider faculty to be idealistic patsies who are not smart enough to make as much money as they do, and they view students much as Walmart management views customers. For the ultimate perversion of American education, read the piece in today's Wall Street Journal about Boone Pickens. For more cheerful news, read about George Mason University in the same edition. Back on topic: the price ratio of oil to natural gas is now 8.82,which is nearly 50% higher than the 6-1 norm to which the ratio tends to revert on the basis of BTU content. This means that it almost does not matter how much gas there is in storage because the implied demand for gas over oil for all sorts of purposes is huge. It also means a great bonus for the tar sands operators because their production costs are much lower in comparison with their product sales price. At these prices, natural gas will be used in great quantitity for electric generation, and the surplus provided by the warmest January on record will gradually evaporate.