Fuel Prices Had Reached Over Twelve Dollars a Gallon in the US, But He Refused to Lose

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Well, I suppose it all started in the spring and summer of 2011. Due to high commodity costs of food, manipulation of social networks, and anger among Arab populations several “Days of Rage Marches” had commenced. We watch the governments of Tunisia, Egypt, and Libya fall. We watched the Arab Spring turning to the Arab Summer, and then the Arab Perennial had started, would it ever end? In fact, one commentator on CNN joked and said that maybe the Mayan Calendar was off by a year?

After Tunisia fell, Mubarak knew he was in trouble in Egypt, and Libya’s Khadafy and his family were soon taken down as well. Then there was the uprising in Yemen, Bahrain, Syria, Algeria, and even some unrest in Saudi Arabia and Jordan, even though the kings there were wise enough to immediately put forth social reforms. Of course, that is the year that Sudan became two countries after a civil war, Somalia had an exodus of starving Africans into Kenya, and Osama bin Laden was removed from this planet after hiding out in $1 million home and compound in Pakistan.

20 unit: domino qq pkv┬áthe price of oil in the US stayed around $100 per barrel plus or minus. Little did anyone know that, that price was extremely low for what was to follow later. Iran never did come clean on its nuclear weapons arsenal, and Hamas and Hezbollah attacked Israel from both sides. India and China couldn’t stop their inflation or GDP growth, and they need more oil too. It was as if a rogue wave had hit the oil markets, and Brent Crude prices shot up first. By mid-2012 Brent Crude was trading at $180 per barrel, the graph of oil prices looked more like a Space Shuttle Launch into low-Earth orbit.

Since Khadafy had booby-trapped the oil fields, and let loose of Serin and Mustard gas, along with other biological agents, only robots could work in the oil fields, and the robotic engineers couldn’t build them fast enough, but luckily it helped Japan’s economy return to full steam after the Tsunami and Earthquake, and they were producing robots faster than Toyotas, Hondas, and Sony Playstations. And then Iran realizing that it was going to be attacked, took the first initiative, preempted, and marched their troops into Iraq, a group of 20 terrorists took over Dubai, as they had in Mumbai India several years before that.

Saudi Arabia moved to help its neighbor Iraq because it didn’t want an unbalanced playing field in the region. Iran then shot missiles into the petroleum reserves, ports, pipelines, and refineries in the kingdom. All hell broke loose, and the eco-terrorists were still marching in protest and causing challenges for the pipelines coming from Canada to the United States. It was a perfect storm, and it was made worse by high-frequency traders, and the Chicago crisis/opportunity commodity traders in the oil market.

Gold prices soared new record highs day-after-day, and the US economy started to tank again, as consumer and business confidence went deep sea diving for the rest of the year. Folks couldn’t afford to get to work, so they were busy telecommuting. Luckily, the US military had gone to alternative fuels, and they were still running their nuclear submarines, aircraft carriers, but they weren’t doing a whole lot of sorties or flying. Hugo Chavez of Venezuela was selling his oil, but at a premium. He stopped offering subsidized oil prices to his own people, because Venezuela was making a fortune selling it to the rest of the world. Mexico ran out of oil, and the Locust plague, and insurgents in Nigeria stopped that oil completely.

By 2013, gasoline prices in the United States were $12 a gallon, and diesel was about equal. But that didn’t stop Americans from trying to enjoy their lives, many lost weight and started riding their bicycle, diabetes was on the decline for the first time in three decades. And then there was this inventor, Dr. John Lawrence, an innovator who had built a vertical takeoff and landing remote-control UAV, The Tiltplane. He was flying it to Starbucks to pick up his Frappachino each day. We all remember reading about this in the New York Times, USA Today, LA times, and Wall Street Journal. The YouTube video counter hit some 3-million views one weekend, it went hyper-viral that month.

Apparently, John attached his iPhone to the bottom of this helicopter looking contraption, and used the camera to see where he was going, and also an app on his iPhone to pay for his Starbuck’s Frappachino at the cash register. Dr. Lawrence flew it each day to Starbucks, and the Starbuck’s employees read the front of the iPad to take his order, and loaded the Frappachino inside of a little cage, and swiped his iPhone at the cash register, and it flew the Frappachino all the way home.

Howard Schultz, founder and CEO of Starbucks, loved the idea, and called it a true innovation. Steve Jobs was interviewed, and he just smiled knowing his apps, and the iPhone and iPad communities had made all that possible with GPS, real-time video feed, and an app which made the iPhone an electronic wallet. The inventor started selling these contraptions, at first to RC modeling clubs, as kits. The RC modeling clubs would build the kits, and then sell them on eBay and Craigslist. It started a whole new industry of garage entrepreneurs, making money at home, without having to drive anywhere.

 

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