Today, gambling....the casino kind and more. But first, a few more things about petroleum, my feature yesterday: Iran warns oil could hit $200 as it fires on merchant ships . WTI Crude Oil dropped from $110/barrel ( price just before the market re-opened on Monday ) to $82/barrel yesterday, but increased to $87/barrel today. The stabilization occurred because Donald Trump said this would be a short war, plus the International Agency recommended the release of 400 million barrels from global strategic reserves. Note that the world roughly produces 106 million barrels of oil/day, and the USA is #1 with 13.6 million barrels/day. Amazingly enough, North America is the largest oil-producing region, with over 31 million barrels/day. The world strategic petroleum reserve holds over 2 billion barrels, of which 20% will be released. The USA has 415 million barrels in Gulf Coast salt caverns, which are designed to hold 714 million barrels. President Trump...
New SIMPLE SOLUTIONS for PLANET EARTH AND HUMANITY: This blog site derives from the original version of Planet Earth & Humanity, but will be more WE than ME. The coverage will remain similar, but perhaps these postings will seem to come from a parallel universe, or maybe even Purgatory. But truth and reality will prevail, with dashes of whimsy and levity to help make your day.