{"id":96795,"date":"2020-03-09T12:00:18","date_gmt":"2020-03-09T16:00:18","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=96795"},"modified":"2020-03-09T11:28:13","modified_gmt":"2020-03-09T15:28:13","slug":"keep-a-weather-eye-on-this","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=96795","title":{"rendered":"Keep A Weather Eye On This"},"content":{"rendered":"

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If you’re paying any attention at all to things going on in the world (other than the Covid-19 bug attack), you may be aware that the US markets are down a bit.\u00a0 There are signals that trigger a halt in trading on the stock markets, so that a freefall event like the 1929 crash will not happen. Nothing wrong with a pause in trading, and right now the DJIA is in the drop-and-rise state.<\/p>\n

But there is something else going on that anyone who remembers the Nixon administration and the Arab Oil Embargo will remember, and may fall down laughing about it, now.<\/p>\n

The Saudis and Russia are pissing and hissing at each other over oil prices, particularly those related to China as a customer. Last reported price per barrel was $31.25 an hour or so ago (at 10:30AM EDT). I\u2019m not going to track this, but those of you with an interest may do so. If it drops to real-world 1970s prices, ask yourselves how that will affect the price at the pump for you, the consumer of oil byproducts such as gasoline and diesel for vehicles.<\/p>\n

https:\/\/oilprice.com\/Energy\/Energy-General\/Oil-Prices-Crash-20-As-Oil-War-Begins.html<\/a><\/p>\n

And who will really benefit? That\u2019s a good question, but harking back to the Arab oil embargo during Tricky Dick\u2019s administration and debacle, I\u2019d say that we, the consumers of the products derived from crude oil, will benefit before very long in lower prices at the pump, lower prices on a lot of thing we take for granted now such as consumer goods and the transportation of them, and who will be coming out on top in this mess. It may even drop your gas bill for heating and cooking somewhat lower. That would be nice in the winter, but — well, Spring is coming and being out in the back yard with the grill going seems like a good idea to me.<\/p>\n

It\u2019s got nothing to do with the Covid-19 virus, either. That will burn itself out as Spring is approaching, because that bug dislikes sunshine, warm weather and high humidities, and if you know that much, it\u2019s not nearly as panicky a bug as it seems. This is how Mother Nature works: release the hounds and see which critters succeed, which don\u2019t, and discard the unsuccessful.<\/p>\n

You may want to keep a weather eye on prices at the pump through apps like Gas Buddy or something similar. With the economical engines being built now, if you put this in 1974 prices at the pump, ($0.35\/gal went to $0.50+\/-) your 12-gallon buggy may just cost you no more than that old 1970 Chevy Impala 8 cylinder engine for a fill-up.\u00a0 There’s a drive-in movie theater not to far from me. They might just benefit from this, too. Popcorn and summer nights at the drive-in….<\/p>\n

I see some good times ahead, something you can pass on to your grandkids, who might face a choice between a (gag me!) Tesla 12-volt lithium-powered clanker, or a real car that snorts and roars past them on the open road.<\/p>\n","protected":false},"excerpt":{"rendered":"

If you’re paying any attention at all to things going on in the world (other than … Keep A Weather Eye On This<\/span>Read more<\/a><\/p>\n","protected":false},"author":653,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209,220,442,83,11,384],"tags":[],"class_list":["post-96795","post","type-post","status-publish","format-standard","hentry","category-teh-stoopid","category-the-floggings-will-continue-until-morale-improves","category-america","category-breaking-news","category-economy","category-russia"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/96795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96795"}],"version-history":[{"count":1,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/96795\/revisions"}],"predecessor-version":[{"id":97187,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/96795\/revisions\/97187"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}