Well, after much panic in Asia this weekend, and many dire sounding reports (including, I suppose, my previous blog entry), energy markets and handling things very, very well so far today. NY light, sweet crude actually fell this morning, and is now trading below $68. OPEC sent a “calming” signal to the market by saying it would raise production (even though most OPEC barrels are weeks away from US ports), and President Bush is expected to announce this afternoon some kind of release (probably a sawp for future production) from the Strategic Petroleum Reserve. Most of which is located in … Continue reading Handling Things Well