Regular readers of this column know that I have long predicted that oil would reach and then exceed the $100 price barrier. In fact, when this barrier was first breached the first few days of January, readers congratulated me on the veracity of my prediction. Yesterday was the first time that a barrel of oil actually closed over $100. This drove the stock market down, made economic prognosticators nervous and created headlines across the country.

Six months ago I predicted that the trading range for a barrel of oil will be $80 — 125 for the foreseeable …

I have written several columns about cell phones in the past. Each one was due to milestones of growth. The speed of growth in the use of cell phones continues to be astounding. It was announced last week by the International Telecommunication Union that the number of total global cell phone subscribers will exceed the number of non-subscribers for the first time in 2008.

When you stop and think about it, this is nothing less than amazing. This means that more than half of all human beings alive today have cell phones. That includes …

China was struck by a historically unprecedented snow storm last week.  Just the sheer amount of snow completely paralyzed all types of transportation, ground and air.  Power lines were snapped, cutting power to tens of millions of people.  Power was cut so that a significant portion of China’s railroad system was powerless to move people and supplies.  What made this even worse was the timing, which coincided with the major holiday of the year, the Chinese New Year.  More than 200 million people travel on this holiday.  When a large percentage of these people finally reached the train stations they …