Wednesday, October 08, 2008

A Seinfeld Economy?

I've mentioned this before, but the best public data reporting out there (IMHO) is the weekly report on oil markets put out by the Energy Information Administration. Boring you say. Where else will you get an explanation of heating oil that relies on the transcendent wisdom of Seinfeld. This weeks report is just out and starts with this paragraph:
In 1997, the sitcom Seinfeld, introduced America to a new winter holiday – Festivus. The “Airing of Grievances,” one of the core traditions of Festivus, involved friends and family telling each other about all the times that others have disappointed them over the past year. We suspect that this Festivus, many Northeastern residents will be airing grievances they’re having over high heating oil prices.
That's great stuff. I wish I could get away with intro paragraphs like that.