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...perception among traders that the average $1.25 spread between monthly contracts is reasonable. Of course, leasing a tanker is an extreme measure of storage, and the cost of storing at a more traditional location is much lower; the spread remains irregularly high, and opportunity still exists for anyone with access to storage cheaper than a tanker...
...possible that amid the current credit crisis, banks have been unwilling to lend money for this trading operation. More likely, though, is that there is limited access to infrastructure for storage. A bank or hedge fund with no such infrastructure has to jump an enormous barrier to entry in order to set itself up for storage - apparently to the point of leasing supertankers...
...Israeli government justifies the wall, check points, the network of access roads, the discriminatory legal regime, the pass laws, arbitrary arrests, house demolitions, targeted assassinations, torture, and everyday military control as necessary for the security of the settlements (viewed as illegal everywhere but in Israel), and to protect against terrorism inside Israel. The international human rights NGOs such as Human Rights Watch, Amnesty International, the United Nations that have denounced Palestinian terror tactics have unanimously condemned Israel on many occasions for violating the human rights of the Palestinians in the West Bank and Gaza...
...biggest problem of the day appeared to be the inability of some displaced voters to access polling centers. Voters had to be listed on an official registry at specific polling stations in order to cast ballots. Iraqi officials acknowledged that some internally displaced voters were confused about where they should vote and wound up turned away from polling stations, despite a public awareness campaign aimed at avoiding just such a snafu. But overall, Iraqi officials said, that was a minor issue that would not seriously impact the vote...
...recent years, the Hasty Pudding has announced both the Man and Woman of the Year simultaneously—last year they did so on the celebrity television program Access Hollywood...