Tuesday, May 06, 2008
I am watching the news and I suddenly came up with a revelation of sorts. This revelation hinges on the fact that hurricane season is right around the corner and if the price of oil waxes and wanes on sabotage on a pipeline in Nigeria, a Fed cut in our key interests rate or the Euro spikes once again…what in the hell is the price of oil going to reach if a hurricane approaches the Gulf of Mexico. This does not bode well for the home team. We live in a speculative economy where the slightest inkling that a product or service could be reduced would send prices spiraling out of normal consumer range. If you don’t believe me say: Tickle Me Elmo, PlayStation 3, and Guitar Hero 3. Where Christmas shortages produced panic buying at 500 percent of the toys normal cost. So what does one do? Really, how do you survive when American food prices are climbing and it will soon, real soon, be too expensive to drive? Well, I have a solution and clicking the link in the title of this blog will give you details.
Yes, a hurricane will approach the Gulf of Mexico…hurricanes have always approached the gulf. But the price of fuel nationwide has never hinged on this fact as it does now. Well, the point to this blog entry is to prepare my readers. Now, while things are still cheap…I would, because I am, stocking up on fuel sensitive items such as, cooking oil, motor oil, charcoal (you have to cook), propane fuel and making use of empty space for canned goods in your home. Sounds like the Apocalypse huh? Well sort of but the point is to be prepared. I didn’t say get matching black track suits and wait for the mothership to pick you up. I was advising that milk is 4.00 a gallon, cooking oil is 3.00 a bottle and one major weather event will place them out of your reach. But hey look on the good side we will all lose some weight with all the walking, meal reductions and such.