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Amid Yukos Conflict, Oil Prices Hit New All-Time Highs







Amid Yukos Conflict, Oil Prices Hit New
All-Time Highs

Amid Yukos Conflict, Oil Prices Hit New
All-Time Highs
08/05/2004 03:34 PM

Oil prices surged today after Russian authorities rescinded an offer made just the day before to let Yukos use its frozen bank accounts to finance day-to-day operations.




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Amid Yukos Conflict, Oil Prices Hit New All-Time Highs

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Whenever I get involved in discussions about online music and suggest that musicians don't need to make their money on CD sales (in most cases, they don't already - they make their money on live performances) people often bring up the question of how will songwriters make their money. After all, the song writers just pen the songs, but don't perform them. Well, it seems that maybe they won't have such a problem as song writing royalties from performance rights are at an all time high despite all the troubles the recording industry is supposedly in. That's because they do receive royalties from public performances of the music - and those aren't decreasing at all. Of course, the song writers are still complaining about how they're not making as much money as they used to, as they're making less from CD royalties. Well, that's what happens when business models change. Most people who create one thing don't get to sit back and collect cash for it for the rest of their lives. Meanwhile, the article includes a quote that shows just how the industry views the internet. It's not about being a communications mechanism that lets everyone communicate back and forth. No, they see it as a one way medium to force content on folks who will pay them for it: "The Internet has not been able to grow as other broadcast venues of entertainment have grown." That's because it's not a broadcast venue. The faster the industry realizes this, the faster they'll be able to get past all the troubles they're having.

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The past week has been pretty hectic. It all started when my My grandmother passed away at the age of 88. It wasn't totally unexpected, but sad nonetheless. Going down to Southern California and dealing with funeral and family matters helped me cope and catching up with family reminded me of all the good times we've had together with grandma. I also got to see cousins and aunts and uncles (and ex-aunts and ex-uncles) I hadn't seen in ages, which was great.

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I'll be metering out the photos on my other site for the next week, but I set aside two of my favorite images as desktops: Storybook land whale and the tomorrowland rockets.


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map of twentieth-century armed conflicts .. Nobel e-Museum's Conflict Map .. World Conflicts, 1899-2001 .. Wars in the 20th Century

nobel.se/peace/educational/conflictmap/index.html
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