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Friday, September 29, 2023
F.C. Schools’ Zero Drop-Out Rate Highlighted In a major article by Maria Glod and Michael Birnbaum on the front page of the Metro section of yesterday’s Washington Post, the zero drop-out rate in 2008 of the graduating class at the Falls Church City School System’s George Mason High School was […]
Events are moving faster all the time. Some are highly visible such as the falling stock markets, the steadily rising unemployment numbers and the drumbeat of global gloom and doom emanating from the media.
While waiting to find out how many million barrels of daily oil production OPEC says it will cut, it’s a good time to review the financial-energy situation as the two are now inextricably linked.
For weeks now the stock markets and commodity prices have been falling. Oil is currently trading around $76 a barrel which is close to a 50 percent drop since the middle of July.
As world oil production has never peaked before, there is no historical basis for making informed judgments as to what is going to happen.
The past week’s 20-point drop in the market price of oil is primarily attributable to forceful declarations by key Democrats in Congress, including Sen. Jim Webb of Virginia, that they’ll investigate the role of dubious speculation in driving the price to its recent peak of $147 a barrel.
Three months ago anyone talking about $200 oil was considered a fear monger, or worse, but things happen fast these days. In the intervening period, oil prices have risen by nearly $40 a barrel and show no signs of stopping. All of a sudden it has become fashionable to start […]
The situation is not good. Our average gasoline price just climbed past $4 a gallon and all indications are that it will continue to rise. After Goldman-Sachs made headlines by telling us that oil is going to $150 or maybe $200 a barrel in six months or maybe two years, […]
Verdi’s “Rigoletto,” performed by the Washington National Opera, March 29 through April 13, Kennedy Center Opera House.
Admitting a City Council-mandated policy in recent years of requiring fees for youth and young adults at the Falls Church Community Center gym has resulted in a precipitous drop off in use, members of the Falls Church Recreation and Parks Advisory Committee sought the Council’s OK, at its work session […]
