Saturday, August 16, 2008


Bloomberg yesterday:
Oil has tumbled 23 percent from the record $147.27 a barrel reached on July 11.
Crude oil for September delivery fell $1.24, or 1.1 percent, to settle at $113.77 a barrel at 2:53 p.m. on the New York Mercantile Exchange. Oil touched $111.34 a barrel, the lowest since May 1, and declined 1.2 percent this week.

That certainly helps explain something that I read in the Picayune, also yesterday:
An advisory committee gave top billing Thursday to a Slidell waste company to begin hauling garbage from Jefferson Parish curbsides next year.
Coastal said its manual collection program, the type now used in Jefferson Parish, would cost $14.18 per unit per month. Its semiautomated service, using trucks with mechanical arms to empty garbage bins, would cost $16.59, according to the company's proposal.
Though it won the committee's support, Coastal's proposal didn't have the lowest price. A Houma company, SWDI, proposed manual collection for $12.44 per unit per month and semiautomated collection for $13.44.

Jefferson Parish sure got lucky, if it hadn't asked for bids at a time of falling fuel prices it might have ended up with bids like New Orleans received two years ago:
Figured per household, the cost would jump from $9.12 under the current Waste Management deal to $22 under the agreement with Richard's and to $18.15 under the deal with Metro.

Of course, oil sold for about $60 a barrel in 2006, so...

So even though the advisory committee recommended the second most expensive proposal*, it's reasonable to ask whether Nagin and company feel more comfortable ripping off the poor residents of Orleans Parish than Broussard and company feel ripping off the middle-class residents of Jefferson Parish.

I'll examine some possible explanations tomorrow.

*Click the link to the draft report, included with this article, you'll find that the most expensive bidder, Richards Disposal, offered Jefferson Parish a much lower price than it receives from New Orleans for semi-automated garbage collection. Sometimes, home-grown businessmen just feel neighborly, I suppose.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?

Old Favorites
  • Political Boxing (untitled)
  • Did Bush Take His Ball and Go Home
  • Teratogens and Plan B
  • Foghorn Leghorn Republicans
  • Quote of the Day
  • October's News(Dec.1)
  • untitled, Nov.19 (offshore revenue)
  • Remember Upton Sinclair
  • Oct. Liar of thr month
  • Jindal's True Colors
  • No bid contracts