Showing posts with label Clothing. Show all posts
Showing posts with label Clothing. Show all posts

Tuesday, May 6, 2025

The Cost Meter. A Trade War Index.


April 5, 2025

Petroleum:  $61.78/bbl (Wyoming crude become unecomic at $59.00/bbl).

Coal:  Coal 99.40/ton

Coffee (USd/Lbs) 372.60.

Levis at Penny's:  $55.65.

April 7, 2025

Petroleum:  60.80/bbl.

One of Trump's minions cited this, fwiw, as evidence that inflation isn't kicking in and things are fine.  On the contrary, the price of petroleum is dropping on fears of a recession.  A recession reduces oil consumption.

Indeed, because of the bizarre nature of tariffs, trading prices on some things in general may go down, while the price rises for Americans.

April 8, 2025

From the Wall Street Journal yesterday:

It's about $61/bbl this mooring.

cont: 

$58.10. Below marketability in Wyoming.

April 9, 2025

Oil opening this morning:

56.03

April 10, 2025

Despite the strong relief rally on Wednesday, following President Trump’s 90-day pause of tariff hikes on most countries except China, the U.S. benchmark oil price is now lower than the breakeven for the shale industry to profitably drill a new well.

 OilPrice.com

West Texas is $59.16/bbl.

April 11, 2025

U.S. reached a new record-high of $6.23 per dozen. 

Oil is opening at 60.10/bbl.

May 2, 2025

Oil and Natural Gas.

WTI Crude 58.57 -0.67 -1.13%

Brent Crude 61.49 -0.64 -1.03%

Murban Crude 61.41 -0.93 -1.49%

Natural Gas 3.502 +0.023 +0.66%

A note, below $59.00, US crude doesn't move.

The inflation rate right now is 2.39% with the tariffs about to hit.

May 6, 2025

WTI Crude • 58.28 +1.15 +2.01%

Brent Crude •  61.39 +1.16 +1.93%

Murban Crude • 62.20 +2.24 +3.74%

Natural Gas • 3.594 +0.044 +1.24%

Coal:  98.50/ton

Coffee:  388.45

Levis:  $55.65.

Saturday, April 26, 2025

Musings Over a Barrel: Five O'Clock Friday: Sensible Budgeting

Musings Over a Barrel: Five O'Clock Friday: Sensible Budgeting: I'll admit it. This is exactly my thought process when shopping. However, cigars and bourbon bring me way more joy than any utilitarian ...

An interesting observation, and a long boring comment by me. 

Monday, April 14, 2025

Clothing, then and now, and a lost manufacturing base.

derek guy@dieworkwear

at the turn of the 20th century, working class men had something like two pairs of pants, three shirts, and a pair of boots. middle class men wore detachable collars bc shirts were expensive. one man died bc he got drunk. his head drooped & he choked to death on his stiff collar

Very interesting, really, and not just in the context of the Very Stable Genius and his trade war with China, but in terms of the focus of this page.  

I've discussed this before, but cheap clothing is a post World War Two thing.  The entire series of jokes about people having vast numbers of shoes, or t-shirts that are decades old, reflects a bonafide change in how people live.  I recall my father mentioning that at one time it was considered ideal to buy a suit with two pairs of pants, as you could stretch out the cleaning.

Clothing now costs less, and frankly it lasts a lot longer, than it once did.

Indeed, how often do you really wear out clothing?  I'm do wear out shits, but waistline expansion over time is more likely to render my trousers unwearable than really wearing them out is.  Granted, part of that is because I have a fair number of them.  If I was wearing the same two or three pairs of trousers every day, the story would be different.  But they also simply last longer than they once did.

This is really intended to be an observation on clothing, then and now, but a little remark about now is warranted.

I have a cotton Colorado Rockies kelly green baseball hat sitting here where I'm typing.  If you look at the label, it's made in China.  Lots of Levis are made in Vietnam.  We have, truly, exported clothing manufacturing overseas, which is to say, the producers did.  I do lament that, but do U.S. consumers want to pay more for clothing?  I wonder.

I guess with tariffs, we'll find out.

I have, as readers  here know, a fondness for M65 Field Jackets.  I'd like to have an OG 107 one for every day wear.  I thought one would be easy to find, but they aren't, so I ordered one, to my present regret, from Propper.  It came Chinese made (of course) and the size is completely wrong.  I should have sent it back, but I didn't, as my extreme introverted nature precludes me from doing so.  I thought maybe I could shrink it, but it doesn't look like I'll be able to.  Anyhow, it's just wrong.  

I note this as US military uniforms are in fact made in the U.S., and indeed I believe there may be a statutory requirement to that effect.  Some years ago there was a scandal when the US ended up with some berets that were made overseas.  I've heard of the military actually checking to make certain that soldiers don't deploy with foreign made gear, but that must be tougher than ever, with the loss of so much of the US manufacturing base.

All of which is to say that I'm sympathetic with those who lament that loss.  But the time to really address it came and went some thirty to forty to fifty years ago and, if could be addressed, which is a huge if, it can't be done all at once.

And, my Propper M65 Field Jacket aside, things made overseas are not, by and large, of cheap quality anymore.  Some things surely are.  The stuff you get at Harbor Freight might be second rate. . . or not.  As overseas manufacturing has increased, quality has too.


A 91 Year Old Prime Minister Shares His Best Life Lessons

Tuesday, April 1, 2025

An explanation. . .

 

Vance was born in 1984, so he would have seen full cut pants for his first 20 years. This changed in early 2000s when Euro designers like Raf Simons and Hedi Slimane shrank men's clothes as a reaction to the 90s. This culminated in a humiliating experience for him last month.
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