Oil Price Cut Great For The Consumer

Above, the Jamestown, New Mexico Flying J Travel Center. Photo by Armand Vaquer.

The cut in oil prices by the Saudis to stick it into Vladimir Putin's eye is the primary reason for yesterday's crash in the stock market.

But, the cut is great for the consumer. I've already noticed that gasoline prices have dropped locally.

Yesterday, before heading into Gallup for dinner, I filled up the gas tank and paid only $2.149/gallon at the Flying J, and that's with my five cent per gallon Good Sam Club discount. Otherwise, the price would be $2.199/gallon, which is essentially Gallup prices since gas prices there are usually lower than at the Flying J.

I pity the poor souls in Commiefornia for the prices they have to pay for a gallon of gasoline.

This time, You CAN Blame Russia (and the Saudis)

As I write this, the stock market is down 2,000 points.

The media is trying to blame this on the coronavirus jitters. But, according to Rush Limbaugh, the drop in the stock market is due to the ongoing squabble over oil supplies and prices between Russia and the Saudis. This makes a lot more sense than blaming the drop on the coronavirus.

Still, a 2,000-point drop is a major drop. Hopefully, trading will be paused before more losses are incurred.

President Trump Tweeted the following four hours ago:

Saudi Attacks Will Hurt At The Pump...In California

Above, typical gasoline prices in California. Photo by Armand Vaquer.

If the gasoline taxes in California by the Democrats (and stupid people who voted to keep them) aren't bad enough, the recent attacks in Saudi Arabia will make Californians feel the price pinch even worse.

AOL posted:

NEW YORK, Sept 15 (Reuters) - U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom. 

The attacks on Saudi Arabia's oil facilities on Saturday knocked out more than 5% of global oil supply and sent oil prices surging as much as 20%. 

U.S. pump prices are likely to rise in coming days as gasoline futures spiked by more than 10% on Sunday trading, analysts said. The national average price of regular gasoline was currently $2.57 per gallon, according to AAA. 

However, California motorists, some 8,000 miles (13,000 km) away from Saudi Arabia, could be hit the hardest. Refineries in that state rely heavily on imports for supplies due to its isolated location and lack of pipelines to connect it with oil-rich states such as Texas.

To read more, go here.

Michelle Obama Is No Pioneer

Above, Pat Nixon in Saudi Arabia in 1974. 

It is sometimes funny how the media just fawns over the Obamas.

The latest is this on Michelle Obama from the Associated Press:

RIYADH, Saudi Arabia (AP) — For first lady Michelle Obama, just a few hours in Saudi Arabia were enough to illustrate the stark limitations under which Saudi women live. 

Joining President Barack Obama for a condolence visit after the death of the King Abdullah, Mrs. Obama stepped off of Air Force One wearing long pants and a long, brightly colored jacket — but no headscarf.

The media seems to be trying to make Michelle Obama as some sort of pioneer or something by not wearing a headscarf in Saudi Arabia, a strict Islamic country.

Well, First Lady Pat Nixon did not do so either during a state visit to Saudi Arabia in 1974. So Pat has Michelle beat by nearly 41 years.

To read more, go here.