Top energy story of 2006 is this:

Price of Oil Drops Again to Below 1 Yergin ($38)

Oh. It did not happen? That's the point. It was the top non-news of 2006.

Here is the 2nd runner up: Scientists discover a crispy creamy donut source of abiotic oil at the core of Planet Earth.

But it will happen in 2007 if not sooner.

Happy New Year to all.

Big news stories of 2007.

The price of oil once again does not get down to $38.
The U.S., once again, does not go to war with Iran.
Again, hurricanes do not devastate Gulf of Mexico oil production.
No electric cars or plug-in hybrids become mass marketed.
Neither GM nor Ford will file for bankruptcy.
Inflation once again will be below three percent in the U.S.
The dollar will not collapse.
The price of oil will fluctuate quite a bit.
The U.S. Congress will accomplish little or nothing.
G.W. Bush will accomplish even less than Congress.
Global greenhouse gas emission will increase, once again.
The Cubs will not win the World Series.

See how easy it is to spot the big stories?

The Saints will, however, win the Superbowl :-))

Best Hopes,

Alan