Sure – this site is about finance.
Dispensing with that: Bitcoin is still absurd ($47.5K ea.) and the stock and bond markets in the U.S. are closed in honor of
my upcoming 72nd birthday Presidents Day.
Markets are open elsewhere in the world: Europe was up modestly earlier. And Japan was up almost 2% to the 30,000 area on the Nikkei.
But before you declare three Hallelujahs and a Hosanna, remember the Nikkei’s all-time high was in 1989 around 39,000… Talk about long-term bear markets. Still, Japan has been a dandy test-bed for making up money.
Texas Weather Sucks
Stories like “Icy weather chills Texas wind energy as deep freeze grips much of U.S.” give you only a smattering of the ‘boots on the ground’ view of life in the Lone Star this morning.
We’ve had the power up – and down – and back up, again several times now and as I write, we’re just coming up on 3 AM local.
The ice pellets (dry snow?) has been falling steadily and the outlook for 6.4 inches overnight might just come in.
Our preps have been doing well with two exceptions; Our cheap (offshore) dial-up (back-up) phone – for calling in outage reports – chose this morning to decide not to dial. Damn rude.
And, long-ago I made the mistake of buying one of those “fancy electronically controlled heaters.” Except, come to find out, when the power fails – for however brief an interval – they stop working and will not return to their “ON” state, automatically.
Appliances Built for Failure
Buddy up the hill from us found this out the hard way:
A few months back, they (wife, him, son) were planning on a nice crockpot dinner. Off to work.
Came how to uncooked, cold, meat and veggies.
Like good American consumers, they’d bought a really good pot (might have been a wedding present a few years back). When we had a power bump, the pot went off.
So, in our plans around here, any appliances have a new benchmark: What is their “recovery mode” on power failures.
It will limit your choices. But, like having a year of backup heating in the form of 500-gallons of propane, there’s a certain comfort to having the survival edge.
It beats the “convenience” angle, any time.
Snow and Blackouts
Here’s how the outages are being handled in our area:
Electrical outages will be implemented in [their] service area as required by the Electric Reliability Council of Texas.
Wait! Reliability Council? We see the name as a poor joke: Turning off the power when people need it most seems the antithesis of reliable. A renaming to something more accurate like the “Electric Predictability Council” would be less misleading. A least then, we would be able to tell how close to done our coffee might be.
OK, end of whine, back to problem:
Beginning at (TIME) [seems random] members may experience outages as a result of load-reduction requirements implemented by ERCOT.
We expect these outages to be about 8-10 minutes in any given area, and the amount of time will vary depending on how much electrical load we are required to go down.
How you can help:
Please note that due to the severe winter weather, restoring outages can take longer than normal. You can help ensure that the power comes back on smoothly by turning off heaters and other appliances until after power is restored. This reduces the effect of “cold load” causing problems when power is restored.”
Near as I can figure it, the outages are just long-enough to barely get a pot of coffee made before plunging into darkness again.
Thank God for the battery backup system portion of our solar lash-up. Makes it possible to work even in the middle of the night in Blizzard II of 2021. My, ain’t that human progress for you?
All while CNN reports Half of America is under winter weather advisories as freezing temperatures grip the country. Yah think?
After playing “smart heater-dumb heater” shuffle, I’ve got the door to the guestroom bathroom set about right: Heater inside rolling along and the door open just enough (hope!) that enough warm air will keep the stored canned goods from freezing.
The radical’s war on the working class continues. DeSantis cites hypocrisy of Biden’s reported domestic travel bans amid immigration orders: is just one example., Do as we decree, not what’s lawful.
Ready for another global pandemic? How about New Ebola Deaths In West Africa Declared “Epidemic Situation”.
Can they get pizza and some brewskis to go? Russian cargo ship heads for space station, loaded with supplies.
Off to play power company roulette.
Have a fine Presidents Day and remember back to a simpler, more values-based and ethical time… We used to be a contender.
Write when it warms up,