I Missed This -- No Television -- A Magic Carpet Ride

I missed the explanation by the talking heads why price of oil rose this week. Here it is, from Bloomberg:

West Texas Intermediate crude advanced to a one-week high on signals that global economic growth will accelerate, bolstering fuel consumption.

Futures increased 0.9 percent as the Thomson Reuters/University of Michigan preliminary index of consumer sentiment rose to 83.7 in May, higher than any projection in a Bloomberg survey. A government report yesterday showed Japanese gross domestic product grew 3.5 percent at an annualized pace, the most in a year.

“We’re seeing some moderate exuberance here,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. “Traders are focusing on the positive news at the moment.”

Ah, yes, a magic carpet ride.

A Magic Carpet Ride, Steppenwolf
As bad as things are in the US, at least no Vietnam War. Oh, yeah, that's right. The Afghanistan Forgotten War.  Never mind. I guess if the press doesn't report on it, it doesn't exist. Speaking of which, is it all about oil? Is Obama staying in Afghanistan for its oil. That was the story about Vietnam, that we went there for its oil.

Ah, yes, the Vietnam War, if nothing else, great music:

A Bad Moon Rising, CCR