North America's hydraulic frackers are cutting costs so fast that most can now produce at prices far below levels needed to fund the Saudi welfare state and its military machine, or to cover Opec budget deficits.You see, I knew that the harsh market conditions would do this--force American oil producers to find ways to cut costs in order to make a profit on fracking oil to be sold at something less than $100 a barrel. The market price for crude has been jiggling around $40-odd per barrel for months, and it basically just drove cost reduction.
The Saudis--playing by the rules of the previous game--figured they'd simply out-produce the American producers, drive down the price of oil, and run 'em all out of business. That's what they should have done in the 1980s and failed to do; it cost them market share that took a long time to rebuild. This time they did it, but the game has changed. All they've managed is to hurt themselves, again, but in an entirely different manner.
Now the US is exporting natural gas. We're producing so much of it, the world price of natural gas has plummeted.
There is still hope.
* * *
Because we're cool and edgy, we'll protest campus carry with sex toys. Predictably, the organization is called "Cocks not Glocks" and it's founded by a girl.
I have no idea
To say nothing of the fact that their argument is approximately thus: Oh yeah? Well, SEX! Ha ha ha! See? SEX! SEX that you don't like, you bigoted homophobe! SEX! This will show you what guns on campus feel like to us! SEX! SEX! SEX! You want to ban dildos, but you can't, because SEX! You probably have a dildo anyway, you SEX! hypocrite! SEX!
I can remember a time when academia took education seriously, and this kind of antic would have been frowned upon. The context would approximate: "Little girl, adults are trying to study, here. Go away."
...I'm a writer, yet I cannot find words that can express the scalding contempt I feel for idiocy on this scale. This is a failing I must correct.
* * *
Well, part of it is that I got a handful of hours of sleep. Mrs. Fungus and I met for dinner (Ihop, cheap) and then got home after midnight--I didn't get out of work until 10:30 and she was similarly held over--and then when she went to bed I tucked her in and then sat at the computer for another couple of hours, mainly playing Hexiom Connect and listening to music on headphones.
But when I woke up at 8 AM, I figured I might as well get her the $20 I'd promised to get for her so she'd have some cash on hand, so I set out to hit an ATM; once home I had a bagel and sat down here. I'm pretty tired, having had about four hours of sleep, but once she's left the house for the big Demi Lovato event I can hit the hay for a few more hours.
...before I go outside to do chores, like Jeep maintenance and mowing the lawn.