Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20 per barrel, and there is a chance gasoline prices could drop as low as $1 per gallon by early next year.

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Today: 36.63 +0.78 (2.18%)

Oculus is the first “design launch” of Schöpfer Yachts LLC. This 250-foot vessel was designed by E. Kevin Schöpfer, founder and owner of his namesake company.

Designed to accommodate 12 guests in extraordinary comfort and style, Oculus is a long distance cruising yacht capable of speeds upwards of 25 knots.

The exterior styling is representative of the jaw and eye socket bone structure of large oceanic fish and mammals. Featuring a dramatic reverse bow configuration, the yacht’s armature balances an elegant expression of symmetry and structure.

Buy one here.

Former US football running back OJ Simpson has been sentenced to 15 years in jail for armed robbery, conspiracy to kidnap and assault with a deadly weapon.

District Judge Jackie Glass, who described Simpson, 61, as arrogant and ignorant, said the evidence was overwhelming.

Simpson made an emotional appeal prior to sentencing at the Las Vegas court, saying he was “sorry” and “confused”.

His accomplice, Clarence Stewart, was also sentenced to 15 years after the two were convicted on 12 charges, reports BBC News. The charges related to the robbery and holding of two sports memorabilia dealers at the Palace Station hotel in Las Vegas in September 2007.

Simpson and Stewart had seized the memorabilia dealers in an attempt to reclaim items linked to the former National Football League star’s sporting career, which Simpson claimed still belonged to him.

Before sentencing, Judge Glass said: “The potential for harm to occur in that room was tremendous.” “You went to the room, you took guns… you used force, you took property… and in this state that amounts to robbery with a deadly weapon,” said the judge.

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HE DIDN’T DO IT!

Here’s a pretty pretty watch: The new Botta Uno 24, a german time machine that has a 24 hour dial and one single hand, which rotates at half the speed of a normal hour hand. Made of stainless steel and capable of resisting three atmospheres of pressure, the manufacturer says that each of the marks in their watch corresponds to the actual position of the Sun in the sky. Whatever. We just think they look like a nice present for $395.

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Then I was browsing around, and I saw the this T4 trailer that some nerd threw together. I don’t usually dig on homemade movie trailers. In fact, they really piss me off, but I’ll post this and give the kid who made it some love.

Merrill-Lynch has projected that oil will hit $25 a barrel in the near future.

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Police interrogators in Mumbai told The Times that they are poised to settle the matter of Kasab’s nationality through the use of “narcoanalysis” – a controversial technique, banned in most democracies, where the subject is injected with a truth serum.

The method was widely used by Western intelligence agencies during the Cold War, before it emerged that the drugs used – typically the barbiturate sodium pentothal – may induce hallucinations, delusions and psychotic manifestations

I wasn’t aware that “truth serums” actually existed. I was certain it was more of a James Bond or comic book invention. The idea of using a truth serum, to me, is like using lap-based “computers” to access a global “information network” or “net” to communicate, share information, and watch porn. Completely absurd.

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BEVERLY HILLS, Calif. — A Danish adventurer is first in line to ride aboard a privately funded, two-seat rocket ship designed by a California rocket maker to fly about 37 miles above Earth.

Xcor Aerospace said today that Per Wimmer, an investment banker based in London, will be the first passenger aboard Lynx, a space tourism vehicle designed to take off and land like an airplane. He’s also an investor in the Mojave, Calif.-based company.

Wimmer hopes his flight will come in 2011, after a series of test flights. Officials said tickets are selling for $95,000 each and reservations have been made for 20 flights.

Xcor’s main competitor is building SpaceShipTwo, an eight-seat craft that will take passengers some 62 miles above Earth for $200,000 each.

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A teacher in San Diego is selling ad space on tests. This has been a long time coming. We should also be selling ad space inside of lockers to raise money for schools. Lunch trays. Sports fields and uniforms. Chalkboards.

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