Sunday, February 26, 2012

How Economically Significant are US Gasoline Prices?

The figure above shows US spending on gasoline as a proportion of GDP for the period 1983 to 2010, with 1983 set to 100. The data comes from the US EIA (gasoline consumption and prices) and the White House (GDP). The figure shows that in 2010 the total economic cost of gasoline as a proportion of GDP was about half what it was in 1983.

Assuming that gasoline consumption is constant in 2011 ans 2012 and prices go to $4.00 per gallon, with 2.5% annual GDP growth then the index increases in 2012 to 66, or just about the same level as in the lead-up to the 1988 elections.

While everyone likes lower priced energy, the current price of gasoline does not appear particularly exceptional in recent US economic context. $4/gallon gasoline is not what it used to be.

The Artist Wins Best Picture Oscar














Well done to The Artist for winning best picture
at the Oscars.

He's a man after all (Bret Wins)















Congrats to Bret McKenzie for winning the
Oscar for best original song. His song Man
or Muppet won over the Oscar voters.

Great speech also.

Redefining Sunday Mornings

Ride Studio Cafe, Sunday Ride
Apologies for the over-abundance of road themed posts lately, but I need to write this down before the details fade, or before I get too embarrassed. This morning, instead of sleeping in like normal people I woke up at 7am to get ready for the Sunday Morning Ride at the Ride Studio Cafe. I have done their Women's Rides, but never the mixed gender Sunday rides. While some have tried to lure me to join, others warned that these rides are faster and more difficult than described. Especially after reading this, I was inclined to believe the latter and sensibly steered clear. So why now? Well, I need to train for the Hell's Gate Hundred and time is running out. And also these people convinced me that I could do it. With a straight face they said: "Oh you can definitely do it." And I believed them - figuring that since they were designated to lead the ride this weekend, they ought to know. 

So, could I do it? That really depends of your definition of that concept. I mean,  I finished the ride. I didn't crash. I didn't walk uphill. I didn't throw up or cry (though I came close). So in that sense I guess I did it. But it was such a humiliating struggle, that I can hardly think of it as an accomplishment. It was worse even than my first paceline ride last May, when I showed up on a touring bike and everybody else rode racing bikes. Only this time I did not have the "slow bike" excuse - it was all me. At least now I know where I stand.

When I left the house this morning it was 25°F outside with a brutal headwind. Of all the mild Sundays we've had this winter, I just had to choose this one. As I pedaled the 10 miles to the ride's start my eyes were watering and my lungs were burning; doing this was beginning to seem like a terrible idea. But I'd already told people I was coming and didn't want to back out.

As cyclists arrived bundled up and in good spirits, I felt more relaxed. By the time we got ready to ride, it warmed up to 30°F and the sunny morning made me optimistic. "This will be just like the Women's Rides," I told myself, "only with men." There were only 4 of us in the slower group; this was going to be fun and social.

Trying to analyse it in retrospect, I am not sure what exactly made this ride so difficult for me. It was probably a little bit of everything. The speed in itself would have been fine, if it weren't for the headwinds we were continuously assaulted with. The hills would have been fine, if there weren't so many of them. It was also difficult to breathe the cold air while already struggling to breathe from exertion. 

We rode 34 miles through the towns of Lexington, Weston, Wayland, Sudbury and Lincoln. We climbed two substantial hills, with lots of littler hills in between. I was without a doubt the weakest member of our group, and on hills this was especially apparent. I wheezed. I whimpered. I swore out loud. I almost fainted from pushing myself to try and keep up. And still I lagged behind. My legs felt like lead. Flats and downhills did not offer much respite, since I had to work harder than everyone else to keep up the pace. My face was bright red from shame and effort.

I employed various coping techniques to get through the ride. At one point, I mentally talked myself through it. "It's okay... Pedal, don't think... Look at the pretty trees... Focus on the wheel in front of you... What doesn't kill you makes you stronger..." After that stopped working, I began to play Bach in my head until the repetitive harpsichord pieces started to feel like a seizure. Then I tried to separate my mind from the physicality of what I was doing, as if it were happening to somebody else. Some time after that delirium set in and I don't remember anymore. 

At some point - I think this must have been closer to the beginning - something really cool happened. The faster group caught up with us and "swallowed us" before speeding away. I have never experienced this before and it wasn't the same as merely riding in a group. Suddenly, the faster cyclists were ...everywhere. On my right, on my left, in front, behind - some seemingly no more than an inch away. I felt carried along, swept away - it was scary and exciting at the same time. "Like a school of fish" said a rider in our group later. Is this a taste of what racing is like?

When we finished the ride I could hardly walk. I vaguely recall being hugged and given high-fives as I rapidly chewed a croissant. I had done a Sunday Morning Ride. It was hard, and it was embarrassing, and I will do it again. I rode 55 miles total by the time I got home. Sunday mornings will never be the same.  

Brave Young Man



Stands up to the Unions.

Gym, Uddevalla Open

Dead-lift 100kg: 3x 8reps

Bench press 50kg: 10reps
Bench press 70kg: 3x 6reps

Triceps extensions: 3x 10reps
Some light biceps curl
Stretching

An ordinary gym day. Starting over a dl cycle from light.

As you have noted I am not training for the Uddevalla LC Open competition next weekend (LINK). Still, I will compete, judge and meet nice people.

Anyway, since the competition date was decided I never found the motivation to start a period of competition training. And, around New Year I decided not to prepare specifically for this competition. I preferred to continue towards my goal of doing a nice set with 28kgs.

Well, to put it short, if I would have prepared for the Uddevalla Open I would have lifted a lot more 20 and 24kgs with a focus on rep cadence. Even if there will be no personal records, I will have a great competition day anyway.
Look what I got in my cell phone last week!


Minnesota forward Kevin Love wins the 2012 Foot Locker Three-Point Contest

Minnesota forward Kevin Love wins the 2012 Foot Locker Three-Point Contest