July 7, 2008

Bin Laden and the $144 Barrel of Oil

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If you didn’t spot this Think Progress post over the weekend — explaining how Osama bin Laden demanded $144 barrels of oil ten years ago — it is worth a read. The price for a barrel of oil this past holiday weekend was exactly what bin Laden wanted.

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It’s risky, but also unavoidable: A full one-third of the dollars that we need to pay for the journalism you rely on has to get raised in December. A good December means our newsroom is fully staffed, well-resourced, and on the beat. A bad one portends budget trouble and hard choices.

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