With the latest power issues in Texas, one would think that we wouldn’t have these issues in a country like this.
“But it is cold.”
And, in the summer it is hot. The last time I mentioned to the city where I live, we had not enough water, trash pickup, and now electricity to add more businesses and apartments I was told to sit down and shut up. (in so many words)
It is all about taxable revenue. When I mentioned that to the city, they told me, “We have more churches than other cities, and they don’t pay taxes! We have to stay competitive.”
We have lost sight of the ball. When we can’t take care of what we have, we don’t need to add more.
Government is over-bloated and is more concerned about ways to keep their jobs and bring in more revenue than taking care of their constituents. Many of those are elected, and trust me, that can be remedied.
One cold snap and millions are without power. This incident was not even ice-related. It was supply and demand.
Maybe some child who knows nothing of economics or how the government works and thinks, might buy that. It is a crap argument. It is all about supply and demand.
In my line of work, we do something called a root cause analysis.
Why did it happen, and what can we do to better prepare for the next time.
We have not invested in the infrastructure or planned worth a damned for there to be power outages to the tune of millions of people because there is not enough supply.
Mr. Abbot, heads need to roll.
February and March are the cold months in Texas; the rest are hot and hotter.
We see California going through this because they have not invested in their infrastructure. I thought we were better than the Golden State.
You owe it to the people of Texas to do this root cause analysis and then tell us how you are going to fix the problem.
Platitudes, and turn off your heat or air and don’t run anything that uses electricity is not the answer. Controlled power outages are not the answer.
ERCOT needs to be held to account for this.
I have lived in Texas since 1962. This cold snap is not our first, and it will not be our last. Next Summer will not be our first days over 100.
If you want to attract more revenue in the form of a tax base, prove to the tax base that you have that you are worthy of it.
Pelosi wants a 911 commission to distract the country from its bumbling of issues. Maybe we should have a 911 commission to see how this happened. My guess is that you all already know, and knew it was a possibility. If that is the case, that makes you all negligent.
‘Recently, I took my car in for normal maintenance. Driving away from the shop, leaving from a red light, the engine stalled or hesitated. Calling the shop, their response was, “Those cars have Gremlins.”’
Even though they were obligated under warranty to fix it, I lost confidence in them immediately.
Finding another shop, I elected to pay them to fix whatever was wrong. Citing a potential catalytic converter issue, I reminded them of when the problem first occurred and then let them do their diagnostics.
The fault did not generate a check engine light. The lack of a ‘fault’ made the problem tougher to troubleshoot. If you have ever tinkered with old cars, the issue resembled a vacuum leak.
Finding a tear in a hose leading to the Mass Airflow Sensor cured the problem.
The ‘gremlin’ was the mechanic who did the original work and did not check to make sure his ‘cure’ did not introduce more problems.
While I am out a few hundred more dollars to another shop, finding an honest mechanic is worth it.
From plumbers to electricians and yes, computer professionals, it is OK to say ‘I don’t know.’
Customers would much rather hear you say ‘allow me to figure it out,’ vs. your (insert issue) has gremlins.
The original shop has lost me as a customer because the mechanic did not check their work and Gremlins.
No matter who you work for or what you do, you have customers. Identify them and treat them as you would want to be treated. Watch what you say.
From the early 70’s I was tinkering with electronics. While my peers were playing ball or getting their hearts broken, I was getting shocked and talking to people all over the world.
Peering through the back of a radio or perhaps the TV, one would see all these glowing amber lights. Soon after my fascination with the front of the radiant dial on the old floor model radio piqued, I wanted to know how it worked.
Garage sales and discarded appliances became a source of amusement for me. Boxes of small parts from different devices soon lived in the closet, under my bed, and soon I had to pare down the collection. A borrowed receiver, some junk box parts, and a crystal as were the rules back then, I was on the air as a newly minted Novice Amateur Radio Operator. The glowing 6AQ5 tube was the final for a whopping 7 watts unmodulated Carrier wave controlled by the steady fist of what they used to call ‘brass pounders.’
Today, 47 years after the date, I still remember Morse code, but I must confess I have not pounded a key in eons.
Tubes gave way to transistors, which soon turned into integrated circuits. Now we have software-defined radio that minimalizes the power usage and, of course, exaggerates the complications if you need to troubleshoot it.
Time marches on.
A man once stipulated that we stand on the shoulders of giants, and the same is true of the law of accelerated return of advancement regarding technology.
Most teenagers today have more technology in their back pocket or on their wrist than we used to send a man to the moon. What they do with it remains to be seen but, the possibility of great things is within their grasp.
Licensing for the Amateur Radio Service is nothing like it was. One could argue that nobody builds anything anymore, so it does not need to be as difficult as it was back in 1973.
I still tinker, albeit minimally and mostly with antenna design and theory. All that said to get to the point of this blog.
When I purchased this switch box online, I knew what to expect. Never in a million years would I push any wattage through this thing.
In my office resides a desk, with several different apparatuses on it. From state of the art to antique, I still listen to and ‘mess’ with them on occasion. You see I always appreciate the glow from the dial light of old shortwave radios. I wanted a way to control the RF from my antenna to the different devices without messing with cables.
The name of this device is miss-leading, and I am confident if put to the test, they would call it a ‘name’ and say they never meant it to handle 1000 watts. With the wording CB in the advertisement, they could argue the illegality of using more than 12 watts PEP ergo ‘what were you doing with this thing?’
A smart person could take them to task, in that this thing would perform miserably at 27mhz.
Whoever designed it had a handle on DC but not AC. The integrity of the 50 ohms impedance is violated, making this a horrible device even for switching between receivers. Again I knew what to expect when I spent the $20. Why then did I buy it?
Real coaxial switches have the same essential components, they are just well thought out. If you look at the contact on the switch, you can tell that any kind of wattage would burn the connections and or arc over to the next. In its original construction, I would not even use it for low wattage use.
Below you can see how I modified it with coax and common grounds. One last modification is to add a ground lug to it, so I can ground the box to earth ground.
Enjoy your hobbies, and be very wary of crap from the Far East. While it is all made there, ‘for the most part,’ some companies have a reputation at stake, while some just want to sell cheap junk.
Many have e-mailed me asking where I have been as my phone has been busy. What I just did with that title is called phishing. No, I am not infecting you, as the matter of fact if you read this you might very well be better off!
Had I said something even more audacious using Ivanka’s name and Nude in that title more of you would have clicked.
Those that write worms and Trojans and other malevolent spyware know how to prey upon your weakness. They studied the human heart enough to know that we cannot resist a story like this, especially if it is something negative about Trump. They manipulate you through your emotions.
Once you click on a link, many firewalls and antivirus software’s will assume that you know what you are doing and let you click, thus screwing up your computer and possibly give you something to “wannacry” about.
Yes, I specialize in disaster recovery, but if someone has not taken me or someone like myself up on these services before the crises and they suffer a loss, They might want to cry!
CIO’s and their teams must provide the company with several layers of protection which includes the best anti-virus software on the market. It includes making sure that all systems are patched and up to date. The companies that are the most vulnerable are the companies who take IT and what it does for granted, not supplying them the resources that they might need. These businesses that have someone in their IT department who is lackluster in keeping up with updates is another. Maybe they fail to stay informed of threats making their company fair game for the people inside the castle who click on the shiny red button or trinket of knowledge; looking for scandalous information on a person that they hate or a nude picture of their daughter or wife.
Human nature is predictable which is what the evil dudes depend on. You too know human nature if you are a human. There are few good surprises in business and even fewer in the IT industry. Vigilance on your IT crews part must be elevated as the threats are more dangerous and more frequent.
I have an article called Attention CEO-CIO and so forth, read that. I don’t want to waste my time writing it all over again. It is full of good information.
Develop and test a DR plan.
Use technology only to give your employees access to what they need and not what they want. Be judicious with updates, checking of logs and the software that is in your domain.
What is on each PC?
Do they need it?
Do you have licenses for it?
Do you have that software updated and in a vault in case the worst happens?
Using a program like Spiceworks not only can you account for all of your hardware but you can get a listing of every executable on each PC. This information is an eye-opener. Frequently the CEO will ask, what do they need that for?
That is a good question, but the real wake-up calls are, is it legal? What is it and where did it come from? What does it do?
I find remote control software on PC’s that is waiting for some remote PC to dial in and take over the PC which if left attached to the network, lets the villain into everything!
This is where I have been and will most likely be again as the threats are more often now than ever before.
Those of you that follow my blog know of what I speak. Vigilance is not a nice thing if you have time. Attention to Security is mandatory. It is much easier and cheaper to fix what you have now vs. trying to restore what you have with an untested backup solution.
“How do I do that, we don’t have time?”
If that is your answer, you probably ought not to be where you are at.
Hire a technical crew (preferably from your vendors which you should have a relationship with) give them the backups in an offsite facility designed for such things and tell them to restore your company.
You have a person there to take notes, but not to assist them, for practical reasons that man went under the bus with the rest of your IT employees. When they get your company “live;” you then bring in a Skelton crew. Have them perform their functions at that site, and again take notes.
I can almost guarantee it will never get to the point of your employees headed to the hot site to test things unless of course, you are one of the few who is vigilant.
The purpose of the exercise is to figure out what the deficits are and then create a plan to fix it.
“Our stuff is configured so that we would need to be there to make it work?”
I have seen it, and that is not smart. Best Practice is around for that reason. Your company must be using “best practice methodologies” as those are what SME’s will be expecting. You don’t want some outside firm to guess at what you have done and try to put band-aids on stuff. In the event, your IT folks do get hit by the bus you want to be able to hire SME’s and have them quickly take your documentation and step in, while your IT guy recovers or you replace him or her.
Don’t fall for bogus click baits
Don’t surf the web carelessly at work
No Nigerian prince wants to give you money
The IRS will not send you an E-mail telling you to look at this attachment.
Buy install and maintain the best antivirus on the market.
Have an inventory of your purchased software, know where the licenses are and the updated software disk.
“I just download the software when I need it.”
“Your internet is down, and will not be restored for three weeks…where is that software going to come from?”
Just when I think I have seen and heard it all, I am amazed at the stupidity or ignorance that abounds in this industry. Folks, if your ego cannot afford to look at how you are doing things, possibly you are in the wrong job.
I had finished advising a client recently and was still in earshot when I hear the CIO tell his boss that I was not correct and making too much out of it! WTF! This guy was so egocentric or afraid for his job that his ego could not handle the fact that he was wrong about so many things that he lied to his boss and put the company in harm’s way! I was not wrong!
Look, I have no dog in the fight! I am going to call them as I see them and what you do after that is on you. If your IT guy hung the moon; good for you! When the feces hits the rotating oscillator, I would love to be a fly on the wall when he tries to talk his way out of it.
A short story totally out of left field is this. We have all seen drivers text or do something with that smartphone going down the road. If you haven’t maybe you are texting and driving and I am talking about you!
Driving up 45 from Houston, during a thunderstorm, there was this fuel truck, 18 wheeler doing the dance. You know the dance where they are all over their lane occasionally dipping into the next lane or possibly onto the shoulder. I saw him in my mirror as he was advancing close to me. Getting out of his way, I noticed as he passed me that yes, he had his phone in his hand.
This was a fuel truck; you know the kind with the volatile product in it! Slowing way the hell down I let him pass. Ten miles down the road there he was, stuck in the ditch. He ran off the shoulder into the rain-soaked ditch and buried it! Now, this could have been so much worse!
“Do you think he called his boss and said.” Funny thing, I was texting my wife a grocery list and the next thing you know I am stuck in the ditch, isn’t that a knee slapper?”
“No, he will tell him that someone cut him off and if he has an otherwise good track record his boss will buy the lie!”
IT guys with ego problems are like that, as was this one guy. Trust but verify!
Look at that other article and ask your folks some of those questions and see what they say.
Hope you don’t WANNACRY and that all of your employees don’t click on stupid things.
(The following is a satirical expression of frustration with the egocentric gatekeepers of the publishing world.)
I am not picking on you @badlitagent, I like your snark.
There are many out there who claim to “know the secret” of how to write the “perfect” query letter.
If you just follow, their simple steps, agents, and publishers alike will seek your manuscript!
“Who believes that?”
I am a writer, I write! When I am writing, I am lost in the story. The characters take on lives of their own and demand that I faithfully capture their personalities and character traits, as well as their actions. The story must be cohesive, that is where I live.
When you find yourself spending more time researching each agent, constructing a query letter, creating a synopsis per their idea of what that is, and first few pages in whatever format that desire, something is wrong.
The actual hell of it is, you are not, repeat not, trying to catch the agent’s attention. They are too wrapped up in their position of power, to bother to read your query letter, much less respond to them. No, they have interns that may be going to college or maybe in high school. Hell, they might have their twelve-year-olds reading them.
(Looking for interns)
“If you like to read certain books that we represent, we will hire you as an intern. You must be able to “read” several query letters, and write a report on each in one sentence or less.”
When researching the agent, this is typical.
“If we don’t respond in eight weeks, consider it a pass.”
How fucking lousy is that! You spend hours crafting the perfect Query letter, and the agent does not have time to respond with a simple form reply..!?
“I want some fucking feedback! Why? What about this letter, or this manuscript, turned you off on the project. What was missing? What one thing if it had would make you excited?”
Some will send you the form letter “Your story is not the kind of material we represent.” Please please please continue to bang your head against the wall though; we like to hear the banging, as it keeps us awake!
(It is what you represent, because I researched your damned site, and your bio, and who you have published thus far, so either you did not read it, or your intern cannot read!)
Here is what I think they mean to say. Allow me to translate this for you.
“If you have a proven track record of selling millions of books, we might consider looking at your manuscript. If you were on the New York Times bestseller list, let us know that too, so we can ask the intern to read more than the title of what you send. We only have time to spend on sure bets. If you are not a famous author, please, do not bother us! I know we say that we are looking for first time authors but we all say that, don’t we? Whatever you have written, it is trash unless we can sell at least a million copies of it, without investing any money or time on it what so ever. As the matter of fact; if you can sell a million copies on your own, just send us 30% and we might be persuaded to have the senior intern look at your next project.”
“If you still want to send us a query letter, use one syllable words so our interns who are either stoned or still in pre-K can understand them. Thanks for your understanding now, go fuck off! And, have a nice day!”
You cannot be a one trick pony.
You must have more than one novel in you. Get published in as many places as you can. Whether that be newsletters, magazines, short stories and unfortunately self-publish something. Consider it a giveaway because there is little to no protection for intellectual property rights once you put it on the Internet. There are programs out there that can take Kindle or other types of e-books and turn them into PDF’s so they can be “shared.”
Many write short stories and give them away just to get their “brand” out there.
Truthfully we have no idea what the intern is looking for; it could be word count, Genre, style of writing or eloquent phrases or pixie dust. Since their website does not give us any information on where they went to school or what they like to read, it is a crap shoot!
The bottom line as I see it, you must “be someone” already, to get their attention.
Your thoughts are always interesting to me, feel free to elucidate on your experiences.
Maybe you have an agent that reads his or her own query letters? Tell us about that.
Remember that most of this is satire, with some frustration mixed in.
Recently I had a conversation with a “friend” who was voting for Sanders.
Listening to their pros of the man, I listened without interruption.
This person is a college graduate “Millennial”, so I was not surprised when they said they supported Bernie.
“What is wrong with Trump?” I asked.
“Well, he is a fascist!” I could never vote for a fascist!
“ Tell me what exactly is a fascist?” I said.
“Well, I would have to look it up?” She said while reaching for her smartphone.
“I will save you to data, a fascist a dictator that believes not in democracy but total power of the masses.”
“Still think Trump is that?” “Well, I guess not.” she said, “but Bernie is great!”
“Tell me, what is socialism?”
“I would have to look it up?”
Now thinking that this person had a legitimate lawsuit for her college in that they must not have taught them anything, I began to explain what socialism was.
“Well, he is only for the good parts of it, not all those bad parts of it!”
Wringing my hands trying to keep from slapping this person, “there are no good parts, there are only bad!” When you run out of the other guys money the whole system falls apart into anarchy!”
“Tump is a capitalist and a populist. Do you know what either of those are?”
She was beginning to listen as I explained what they each were and why that is a good thing.
Since Bernie cannot win unless Hillary ends up with a free supply of orange pantsuits, I think I do not have too much to worry about there, however; I also found it fascinating that she did not like her either.
In other conversations with other friends, I discovered that their news was coming from late night comedians and yes, John Stewart was one of them that probably helped get the current POTUS elected.
People are burned out with the 24-hour news cycle and are tired of the rhetoric. The negative infighting in the GOP must stop!
Many have tuned out, but they are confident that Hillary is Crooked. They think fondly of Bill, however, and I think that they are thinking that he will secretly be running things again, and he might be. Maybe Monica can re-apply for a job there.
Bill might be forced to run the country as his wife may have a number across her back and either an orange or striped uniform.
“Can she pardon herself?”
Trump needs to appeal to the female voter, and the way to do that is simple. Kiss some babies, in this case, start with his newest grandchild.
The “Your Fired Guy” Needs some more humanizing moments in front of the camera.
There is a reason that politicians “shake hands and kiss babies.”
Negative ads work for those that are not engaged in the process and believe that someone will truly step on baby chickens and create death panels and do all sorts of mean, nasty things.
Finding those demographics are now a scientific category in the political science area.
“Who can we tell what lies to that will see the ads and believe them?”
Who are they and what do they watch on TV?
Target those shows, pepper them with poison and let the useful idiots of the world do their bidding.
They may not have a clue what socialism is but if you tell them it is a good thing they will buy it.
The best ads are ads that are funny, catchy or appeal to emotions and not logic.
A simple person narrating an ad is not near as effective as an ad that will make you laugh or make you get pissed.
I wanted to pontificate quickly on the latest GOP developments.
Since there is no way for Cruz or Kasich to make it mathematically, they need to drop out as they have each called for the other candidates to do.
Kasich is taking mega dollars from unsavory donors, why?
Cruz too is showing his true colors with his Smarmy lawyer tactics.
That leaves Trump.
Having read his books and followed his family, I tend to believe that he would be the Pit Bull we need in the white house.
For Cruz and Kasich, not to mention the entire GOP establishment to torpedo their front runner shows their true intentions. Someone is investing millions of dollars towards their campaigns, and my guess is it is because they know that they cannot control Trump, but either of these two would gladly attach strings on their feet and hands and dance the dance of the puppet masters to ride around in Air Force One!
I recently saw Obama dancing with his wife with Beyonce singing just for them. Spending billions of taxpayer money on private vacations is a true dream for some as they can now fulfill their narcissistic fantasy while loving that person in the mirror!
Cruz’s latest bit of garbage is to espouse his ability to fortune tell.
According to Cruz, if Trump gets in, Hillary wins.
This is the same blowhard that has been spewing his brand of hatred for the last several months saying he is the only one that can beat Trump.
“Cruze, buddy…you lost…!” Save what little dignity you have left and lead by example!
I know and have known many lawyers in my day, most of them deserve the unkind remarks that they get. I will leave it at “Smarmy.”
When a lawyer will look you in the eyes and tell you that it is easier for him to get you off, if you are indeed guilty, that my friends is a subhuman life form. That is where we are today.
The rich power brokers while keeping the middle class under foot promising folks the rich folks money in return for their votes, is tantamount to bribery not to mention that money comes from the middle class, not the rich people that they pointed to.
California is such a state that will have little middle class left as they have taxed them out of existence forcing them to flee to other states.
The very wealthy will be served by the very poor, and that mentality is spreading like cancer.
If the GOP cannot see that they need to be working on unifying their base then we have one of two things. Either they are incredibly stupid, or are no different than the progressive political class that currently has us $20T in debt and counting.
As a matter of course, I try not to post too much about computer security, as I am certain that most have seen this before.
We know not to open attachments that are not expected as well as have good anti-virus software updated and running at all times.
This morning I received a different type of threat that I thought worth sharing, so here it is.
With the usual jargon about some sort of violation or someone suing me for something, open the attachment to see what it is, this was different.
The words included were, “for your security we use dropbox for the evidence against you. Please follow the link and respond within 3 days or a summary judgement will be made.”
Of course, the return e-mail address is bogus; the trick is to get me to open an attachment in this case on dropbox. Once downloaded there is no telling what it would do but, most certainly nothing good.
No law enforcement or government agency would work in this way even if you were expecting something from someone in this manner; it would not come in from e-mail.
Unless you are expecting it and the e-mail address is correct only then would I make a call before opening anything as an attachment.
Ransomware is working with hospitals and even government agencies paying the perpetrators, which causes them to continue with more fervor.
Practice safe computing which includes a good disaster recovery plan.
The sophisticated waltz of the #query letter. #LiteraryAgent
Having read countless blogs on the subject of the “perfect query letter,” I have concluded that something is very wrong or broken in this process.
The process is this:
Research the agents.
Who considers your type of manuscript?
Research their track record.
Are they large or small?
Small agencies have less time to read every query. They then cherry pick, out of the 10’s of thousands of wannabees. There is no shortage of writers.
Large agents do the same, however; because there are more of them, they may see more letters.
Keep notes of all of the agents that you queried, you do not want to bother them with duplication and, if they sent you a form letter or even worse ignored you, that is good to know too.
Remember that some of the best authors out there are facing the same task, the same rejections, etc. because agents are so swamped with queries that they do not have time to do this properly.
When I do a direct marketing campaign for my business…my real livelihood…I have about a 2% return. Every hundred postcards usually net two customers.
Query letters are probably even more subjective. It is more important that you know who the agent is and how they deal with letters. Whom have they helped in the past? What is there rate of taking on new authors?
My no bullshit approach would be, “Would you like to make a lot of money, look at my damned manuscript!”
They do not play that game, like a princess they want to be, wooed. Money does not seem to be a factor in the selection process. Think foreplay on steroids, complete with all of the best manners when you are on a date for the first time.
“My novel will make you misty with anticipation of the next paragraph!”
When Mr. Covington came into the room with his shirt half torn, Sheila knew it was only a matter of time before she would feel the brunt of his hunger. The passion, which raged inside, tipped the boiling point, and was about to spill over!
Depending upon your agent, they will either reject it or become hot, thirsting for more… Is this what people read? Can I market it? What did Sheila do to get Mr. Covington so stirred up? What does he look like? What is his hunger? I must know more….Or not….
My dream is this….
When the novel sells over a million copies, I want to take the time to send a copy to all of the agents that have ignored me or…sent me a form letter… Is that petty? Maybe…. If I do have to self-publish the first novel, I will make “E.L. James a verb, much like google it!”
Keep at it my friends; the spoils go to the one who never gives up. As always, feel free to write. I love hearing from fellow writers.
Today’s news regarding the slide of oil prices brings back the memories of the volatile world in which we live and just how much of it centers around our lack of energy independence.
Still fresh in my mind are the long lines at the gas pumps of the “world coming to an end” oil shortage of 1973.
Much like the world ending “Global Warming Hoax,” I do not trust any of them. (with good reason…they lie!)
If you really want to know what it means…follow the money… Who gets rich if we stop using coal, or we all use sunshine and unicorn magic instead of fossil fuel? If Al gets to sell you his carbon credits that he already has printed, who gets the money for them, and what do they do with that money?
Many of my readers are too young to remember or know about the oil shortage hoax, so for those of you that were not driving in the 70’s here is the deal.
In 1972 Gas was about .50 a gallon. $5 dollars would fill my car…The price per barrel of crude was $14.00. Minimum wage was $1.85. I made minimum wage for a while until I went to work flipping burgers making $2.10. “I was of course in school; this was popcorn, gas and movie money.”
All of the sudden there was this “Energy Crisis!” We had gas lines and limited supplies. According to Carter, we were going dry and in a few years’ time, there would be no more gas…ever!
There were oil tankers crashing into each other as well as running in to under water obstructions spilling millions of gallons of oil into the ocean. The shipping lanes, which they had navigated safely for years prior and years since; all of the sudden became more dangerous…?
My contention is that those ships were sitting off shore waiting for orders to make their delivery and ran into things because they were in places that they should not have been.
As Americans went from paying .50 cents a gallon and allowed to purchase all the gas that they wanted, that changed overnight. Suddenly it was mandated as to how much and when we could purchase gas. No more than 10 gallons on odd or even days depending upon your license plate, and of course, the price jumped. Like sheep, we fell in line because our leader was someone we could trust, and if he told us this, we would do it.
President Carter responded to the crises thusly…. This is part of his speech…
“The oil and natural gas that we rely on for 75 percent of our energy are simply running out.… World oil production can probably keep going up for another 6 or 8 years. But sometime in the 1980’s, it can’t go up any more. Demand will overtake production. We have no choice about that.”
“To some degree, the sacrifices will be painful—but so is any meaningful sacrifice. It will lead to some higher costs and to some greater inconvenience for everyone. But the sacrifices can be gradual, realistic, and they are necessary.”
“We must not be selfish or timid if we hope to have a decent world for our children and our grandchildren.”
This is not the first time a sitting president has lied to us….Nor will it be the last.
Oil production during this period was steady with a slight linear progression all except one…The Middle East.
In 1970, The Middle East topped the oil production of North America, continuing its production to 21.894,000 and in 1974 to finally peak in to 22,020,550 in 1979. At which time they cut production back to a low 10,645.400 1984.
There were other players in the market, but make no mistake, the Middle East was the driving force.
During this time, Asia Pacific was ramping up its use of Oil… In 1979, they peaked usage to 10,917,244 barrels a day. At this same time, North America was sitting at 21,483,623 with the largest consumer of oil being Europe and Eurasia coming in at 25,117,430 barrels a day.
The problem was the OPEC Embargo. Egypt and Syria announced that they were no longer selling oil to countries that supported Israel. Less supply of oil caused prices to rise 134%. In response to this Saudi Arabia, Iran, Iraq, Abu Dhabi, Kuwait, and Qatar unilaterally raised prices by 17 percent.
These events caused issues with our markets and eventually negatively affected our GDP.
Once again, we were held hostage over oil in the 1979 Iranian Revolution. OPEC once again raised prices by another 14.5%. The US then halted Imports from IRAN and Kuwait, Iran and Libya cut production. Saudi Arabia eventually raised the prices of crude to $24 a barrel. These factors brought an increase of oil up another 118% in one year. The Gulf War precipitated another increase of 113% in 1990… This adversely effected the strength of the US dollar as the feds started to lower interests’ rates.
We had long lines at the gas pumps because the Middle East who we now relied upon for oil. Years of negotiations finally eased supply but the price was no longer .50 a gallon. Today the barrel of oil dropped below $30 a barrel. If things were equal that should make a gallon of gas about a dollar.
These are the scant few facts that history tells but… I would really like to know the rest of the story. Who profited? Why did Carter fill our heads with lies? Who was pulling his strings?
The Embargo that inconvenienced millions was a political play. Today we have a glut of oil on the market bringing the prices down to record lows taking the world stock markets with it. They are blaming the glut on less demand … are you trying to tell me that there are less cars?
The Middle East for some reason, “economics” is crushing its competition by making oil supplies more abundant. This adversely effects the other oil companies, as now exploration…fracking… and other sources of obtaining oil is no longer profitable. With oil at $30.00 a barrel, all of the oil producing countries of the world will be effected, with Russia, amongst one of the countries hardest hit.
Enjoy your cheap fill-ups as your 401K is adversely suffering because of this.
“Do they still teach economics in school?”
“Have they common cored our people into actual stupidity?”
If the kids of today understood anything other than who got an award in Hollywood or who was sleeping with whom, or…what video game is great and why…they might actually protest our out of control politicians. These overpaid bags of hot air who paint with unicorn blood and fairy dust, create rosy pictures for those of you who watch passively the greatest president that we ever had…ever…give the greatest State of the Union address ever! If you do not believe me…ask him….he will tell you that himself if, he can pull himself away from his selfie stick or mirror! “Yes, that is sarcasm.” If the only politics you followed are on MSNBC or CNN and then watched the State of the Union Address you would buy the lies.
“Folks, they are lies…. People such as myself are not going to be able to keep this fight up forever…you had best engage and smarten up, unless you want to go the way of Greece.”
I will take this opportunity to put a plug in for a news network that is strictly news. No opinions, just the facts. http://www.oann.com/
Their reporters at time are sophomoric, but I find that part of the charm. Just the facts, no spin. They are currently in a battle with the major news networks, as the multi media giants are pulling strings to keep them off cable networks. Verizon still has them but Time Warner and Charter who seem to be under the thumb of certain people in the administration, do not want them. The FCC is going to have to get involved with this one but I am certain that they “the multi media giants” can drag this out until after the election, as to keep the left wing loons influencing politics as they have been doing forever.