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# Oil price blues
- URL: https://www.opendemocracy.net/en/article-1947jsp/
- Published: 2004-06-09T23:06:00.000Z
- Updated: 2019-02-14T22:49:24.000Z
- Author: Dominic Hilton
- Tags: #en, #Migrated, #Import 2026-04-09 19:17

As unreformed addicts of my op-ed efforts and doggedly loyal members of my suggestively swelling fan base will testify (and it may indeed still come to that), *ich bin nicht* the kind of cowboy who confines his rapid-fire six-shooter to its rawhide holster. My legendary name, the signature of so copious a *tour de force*, is synonymous with brazen candour. My dilapidated keyboard - while starting to lose a key here and there  remains mightier than a North Korean nuke.

Bottom line, if something needs to be said, or someone needs to be shot, look no further: Im your outlaw. They dont call me the kid for nothing. I sure as hell hope not, anyway.

Unfortunately (and this really grates with the hyper-hawks amongst you), I also suffer from a tragic and incapacitating illness, commonly known as Englishness. In its chronic form, following the loss of a proud, globe-spanning Empire, Englishness renders an otherwise strapping six-footer all but impotent when presented with an opportunity to mercilessly crucify an opponent.

As a long-convalescing English subject of eternal indecision, I am by nature resistant to overreaction and, without thinking, I shy away from any outward displays of emotion, keeping my upper lip stiffer than a triple vodka. My trophy cabinet, a gleaming edifice of seven-feet-by-ten housed proudly next to my pilfered-from-a-pub dartsboard, is testament to my refreshingly sober devotion to reason. The awards  gold, silver and gleaming with lovingly-applied polish  just keep on rolling my way.

Nevertheless, in this case, at this particularly poignant conjecture in mankinds protracted and hollow history, I simply cannot yield the floor. The *New York Times*  that colossal bastion of high-quality, editorially balanced and morally honest muckraking *extraordinaire*  has finally succeeded in pushing me to my limit. Intellectually speaking, I have been stretched like a string of processed cheese, and now, lets face it, I have snapped. There is not a shred of doubt in my tortured mind: the recent *Times* headline Why Europeans remain calm as oil prices soar, must stand as the most flagrant piece of [misreporting](http://www.iht.com/articles/522683.html?ref=opendemocracy.net) in the history of the printed word.

As a devotee of the *New York Times*, and a regular waspish pillar of the we know best liberal establishment, it pains me to expose the downright shoddiness of this embarrassing journalistic *faux pas*. To an internationally-adaptable and gloriously balanced intelligence like mine, the *Times* stands as the only true torch-holder of excellence worthy of sharing the breakfast table with my soya-soaked shredded wheat. My mornings, insufferable as they are, would be palpably duller without those precious few minutes when I wrestle with the bloodhound, tear the broadsheet from his salivating fangs, and choke on my halved grapefruit as I cast my bleary eyes over yet another saga detailing the desperate plight of my Haitian brothers.

At times like this (no pun intended  ever), it is the clear duty of every honest Abe with too much print on his fingers to expose the malpractice of the fourth estate. I offer the following tale as evidence of the extent to which the press shows no regard for the *actualité*.

As an Englishman, I just about classify as Eurotrash, and from the moment I learned Id be forced to part with $40 of my hard-earned dosh for one measly barrel of oil, I have been indulging in a display of jerking convulsion so elaborate my agent has received repeated requests from a Balinese dance group that I join their throng as principal limbo-king.

Or to put it another way: oil prices are soaring, and Im not calm.

The jiffy I sensed a gusher in the oil price index, I was on the blower to my brokers PA, begging like Ollie Twist for a five-minute slot with the sweating swindler. I suppose he might be able to squeeze you in next month, Mr Hilton, she replied, somehow managing to turn my two-syllable surname into a groan.

I was having none of it, and summoned my chauffeur. To my brokers office, post-haste! I ordered, snapping some life into my bow tie and spitting on the toes of my Derbies with enough phlegm to extinguish a volcano. Unfortunately, a litany of recent investment misfortunes, combined with the spiraling cost of petroleum at my local pump station, obliged me a couple of weeks back to hock the beloved Bentley. My chauffeur, whose union showed minimal sympathy with my plight, walked me to the bus stop, slipped me a handful of coinage, and waved me off like a concerned parent.

I arrived at Grifter, Hustler and Spiv Financial Services in a state of social disrepair. A poorly-tailored gentleman on the public omnibus had cunningly separated me from my family heirloom Patek Phillipe wristwatch by tickling my nostril with the sharpened point of a machete. When alerted to the details of my unfortunate adventure, my brokers PA launched into a fit of hysterical weeping, slapping her desk with joy and crowing like Peter Pan. Again! Again! she demanded, forcing me to replay the distasteful tale until it lost all charm.

Eight hours later, having exhausted my interest in waiting room gossip mags, I was shaking like Elvis from the effects of guzzling a gallon of crude Coca-Cola as I entered my brokers crypt and found the crook perfecting his nail-filing skills behind a Perspex Finnish-designed desk-of-the-future.

Youve screwed me! I yelped.

Leave the invoice with my secretary, he said, not looking up.

Ive received enough fifth-rate financial advice for one millennium, I reminded him. Thanks to you, I dumped all my assets into internet magazines.

He laughed. We all got our fingers burnt on *that* one! Dogs, the lot.

Gas, I said, hoping he hadnt already noticed. I want in on the energy markets. Shift my entire portfolio into oil.

He looked at me with a smirk. Oil, eh? Took a nosedive only the other day  You know something?

Yes, I said. I know youre a no-good thief. I want some of that Saudi sauce. You assured me the war on terrorism was a great investment opportunity.

And it still might be, he shrugged. Give it another hundred years or so.

I dont think the pawn shop will understand the subtleties of long-term investment, I whined. This is an emergency. Things havent been this bad for me since the 1973 crisis.

But you were born in 1975, he frowned.

A piffling detail, I snapped. Just get me in on the racket. The oil-producing nations are pumping like theres no tomorrow. Its time we started doing the same.

He gulped. You and me?

Whats the matter, I said, afraid of a little global economic meltdown? Get to work. Tap those markets, you layabout!

If youre lucky, Ill let you know how it goes. As for the idea we Europeans couldnt give a fig about soaring oil prices, there goes another Wall Street myth.