good morning. the theme song of the day will come a bit later…

i have been thinking about two things quite a bit lately: housing and oil.

rather than give my opinion right away — i’ll  share some links with you:

today, we talk about oil.

you cannot even begin to discuss oil without discussing oil futures:

basic.futures.primer

quantitative.discussion.of.state.of.oil.futures 

oil.hedging 

and you really can’t avoid discussion of "peak oil"

peak.oil.faq 

cheney.peak.oil.and.final.countdown 

peak.oil.is.upon.us 

in the middle of this lies the discussion of a commodities bubble and the role of traders:

seeking.alpha.discussion 

commodities.are.the.new.tech.stocks 

blame.the.traders 

new.margin.requirements.slows.things.down 

side note:

here’s an interesting article for everyone in newport

surfwear.makers.hit.rough.waters

update: today’s theme song of the day is "In a cave," by Tokyo Police Club. It’s a track on the new album Elephant Shell — i’ll post a link in the comments section.

changing.it.up.this.morning