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May 24, 2006
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ENERGY

Torre Firing Fears Force Oil Prices Up

Torre Firing Fears Force Oil Prices Up
A Queens gas station adjusts prices to reflect the state of New York baseball.

NEW YORK (CAP) - Oil prices climbed yesterday fuelled by unrealized concerns about the possible firing of New York Yankees' manager Joe Torre and worries over how global superpowers would have reacted to the return of Lou Piniella to the Big Apple.

In London, a barrel of crude rose 99 cents to $60.82, while in New York the price rose 71 cents to $60.47, as markets caught wind of Yankees' owner George Steinbrenner's comments about the future of Torre's job.

"We just needed Steinbrenner to shit or get off the pot," said Don Goran of the American Gas Association. "Now that the Yankees finally won a game against the Indians, we can get back to normal fluctuations. Mostly up."

Industry watchdogs expressed concern that continued volatility surrounding the Yankees managing job could lead to abnormally high fuel costs in New York as the colder months approach. Although the "Torre Crisis" is temporarily over, they fear the damage is done and Venezuelan President Hugo Chavez may have second thoughts about supplying New York residents with free oil again this winter.

"It's ironic that the longer Steinbrenner takes to make the best decision for New York baseball, the closer he comes to damning New Yorkers to a cold winter," said New York City Mayor Michael Bloomberg. "Hopefully Uncle Hugo will still come through for us."

Analysts trying to accurately predict how badly the winter will hurt Americans' wallets are scratching their heads over this latest turn of events.

"Shit, is there anything that doesn't affect oil prices?" said economist Mark Silva. "I watch Britney Spears make a fool of herself at the VMA's, and next thing I know I'm back to paying $2.60 a gallon. Someone make sure Lindsay Lohan stays in rehab this time. What? She's out again?"

In other news, hog futures closed at their highest levels since early August on word that Kiefer Sutherland may be heading to jail for violating probation.

- CAP News Staff
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