February | 2015 | Barataria - The work of Erik Hare

Oil is the most traded and shipped commodity in the world, amounting to a total of 90M bbl per day total production – 33B bbl per year or nearly $1.5T even at today’s low price. There is nothing more critical to a developed or developing economy than to keep things moving, which is to say this vast ocean of oil is critical to the economy as we know it today.

You’d think with such a steady supply and critical demand that the price would naturally stabilize according to the natural laws of supply and demand. Apparently, oil greased its way through that semester of economics.

Where will the price of oil go from the decades-long low of $45 per bbl that it is today? The short answer is that no one knows. The long answer is that anyone who hasn’t been cashed out of the game is betting that it has to go higher, but no one know when or how high.

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A celebration to start Black History Month

Our third grade class filed under the concrete breezeways that loosely connected the classrooms of Coral Reef Elementary, past the Seagrape tree at the end of the open courtyard, and into the big cafeteria. It was the only space large enough to hold all the energy of so many kids, cooled only by tall jalousie windows that caught the breezes off Biscayne Bay. The air inside was heavy and anxious, and just like nearly everything in Florida it could be oppressive if you let it get to you. But we kids just took it in and made it exciting. This was our music class, the time when we could bubble our energy in a new song taught to us on the tired piano by Mr. Michaels.

Lift every voice and sing, till earth and Heaven ring,
Ring with the harmonies of liberty;

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