Just a bunch of thoughts, random though they may be.

  • Zygi Wolf partially revealed his vision for the new Vikings stadium. Although he didn’t go into specifics (at least according to the article) he did divulge that the price tag would be between $700 and $760 million dollars. Of that, the Vikings and Anoka county would each put up about $250 million with the rest coming from a new state tax district. Let’s see how far this one goes.
  • ESPN has put up their new NFL power rankings. Vikes at 13. I’m surprised they are this high. They looked terrible against the Buccaneers. I know it was only one game and I also know that they will probably pull it together. That said, they almost made Chris Hovan look like a football player.
  • In non-sports news, Jon D. Markman makes an attempt to tell us who to blame for rising fuel costs. Although he is probably a lot smarter than I am and has his finger on the pulse of the industry, I find a problem with a part of his article. Specifically this part:

    “In the case of gasoline, many consumers do not seem to yet grasp the difference between crude oil, the price of which is declining of late, and the stuff that they pump into their car, which is getting more expensive. One is the raw material, while the other is a finished good. It’s the difference between the price of raw cotton and an Armani T-shirt. You wouldn’’t expect a sharp cut in prices at Bloomingdale’s just because cotton futures prices fell, and neither should you expect a 1:1 change in the relationship between oil prices and gas prices. ”

    I keep track of gas prices religiously. It goes back to my frugal upbringing. My dad would know every deal to be had around town and would take advantage of it. My issue with Mr. Markman’s article is that he says we can’t expect prices to go down in a 1:1 ratio with the falling prices of crude oil. I have noticed repeatedly that whenever it is reported in our local paper that the price of a barrel of crude oil has increased, the prices at the pump make a jump the following day.

    If gas can’t fall with crude, why can it rise?.

  • Speaking of gas, here’s an intersting (and brief) website related to it. Notice the chart on the right side that shows crude prices versus wholesale and retail prices.
  • It wasn’t Bush’s fault that some people didn’t get the response they wanted in regards to Katrina. However, it shows the character of the man that he’s willing to take the blame.

    In my mind, Bush isn’t to blame at all for the catastrophe that happened in New Orleans. Bush has a whole country to run. His job is to delegate the responsibilities of running sections of the country to other people. In this case the person responsible was not able to handle the duties.

Anyway, that’s enough for today.