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The down turn has started in the permian basin oil fields in Texas. Not sure what the deal is. Some say it’s politics, and that’s always in the mix. Others say the pipeline will be completed in the summer. I feel the greed of man can’t help themselves and the greed of pricing, for services, housing, food, etc. Talk about having every move written down in a contract. It’s insane. You better read every word you sign if you are in the service business.You better have your own in house attorneys, certified accountant, and tech guy on staff because without them you could be holding the sack. The small companies are having to carry up to 6 million dollar insurance just to keep their doors open. Small companies are required as much on the line as the big companies. You can’t keep this up. One company now is requiring, at the service companies expense, to put GPS into the services truck for tracking mileage. Again, you better read what you sign up for. These Master Service Agreements are going to kill the service companies for sure. You can’t stay in business under these requirements. Hold on it’s going to be a bumpy ride.
I wonder about the wisdom of stocking up on high-end liquor. Is it for an investment ? If so, in a crash/reset emergency, who you sell it to ? Is it for barter ? I don’t think that I would want to be known for having a stockpile of alcohol/tobacco or anything that people have strong cravings or addictions to. They might be strongly motivated to raid your place and take it from you. The same goes for anything that is seen as having high value. The only possible exception that I can think of is arms and ammunition. A reputation for having plenty of weapons and ammunition might be a deterrent to potential thieves.
Here, we rarely drink alcohol, but we do have several bottles of whiskey to be used as pain killers in an extreme emergency where no other pain killers may be available. This would be a last resort only when no medical care is available. The whiskey that we have is not the cheapest, but it is not the expensive stuff either. We also have 2 or 3 bottles of vodka, which can be used to increase blood-flow and circulation in your body which can help prevent clots and strokes in situations where no real medical care is available.
Invest in rare whiskey if you want, but I believe that there are many other investments that make more sense.
P.S.- I am not a doctor, and I do not give medical advice. The information about the possible benefits of vodka, I read on the internet. You should research it yourself before using.
I have read that the best thing for after a stroke to reduce damage is a shot of alcohol combined with strong black coffee. The combination works better than either alone. The pharmaceutical version is called Caffeinol (approximate spelling).
The whiskey expert failed to mention that any remaining bottles of Pappy Van Winkle’s bourbon (original from pre-76) are auctioning for well over 10K. You can still buy the Pappy Van Winkle reserve but it is from the family and not original (Pappy died around 1976) – it is still pricey though (last bar I found it in sold it for $150 a shot). Great KY bourbon and well worth the investment – buy American!
Whiskey purchased for an investment is pure folly. Whether you drink it, or sell it, you’ll still come out ahead. Just don’t expect it to net a profit in a grid down situation.