Oil hits a record high with $75 barrel for no other reason then because the oil cartels wish it so. Currently gas is $3 a gallon and will probably soon rise to about $3.20, all before the usual summer vacation markup! I am sure Bush and Cheney are quite happy right now as their stock dividends etc will be quite nice.
In the good news, if you love the iPod, like me, and use iTunes to buy music, Steve Jobs managed to hold the line and keep prices at $.99 a song. The RIAA, of course, was doing their best to raise the price to maximize profits while complaining how broke they are.
Also, JJ Abrams has apparently been tapped to direct the next Star Trek movie. Hopefully it true and not just a rumor that has spread all over the place. If don't know who he is, he is the creator of Felicity, Lost, Alias, and directed Mission Impossible III. Hopefully, this will mean the next movie will get a decent budget as probably one of the biggest obstacles has been the penny pinching. Epic space battles don't come cheap and anyone worth their salt knows that a Star Trek movie needs at least one.
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