Verse of the Week

Monday, September 30, 2019

Saudi Arabia attack: Should I panic?

Hi Taylor - How does the attack on the oil facilities in Saudi Arabia affect global prices? Should I be budgeting extra money for gas for a while? - Susan

Hey Susan - This situation has people rightly rattled, though it’s a little hard to predict how drastic or long-term the effects will be Short answer, we saw a spike in oil prices and could soon see a related bump in gas prices In the long run, it looks like we’re going to be okay

● Production halted but supply didn’t cease. A massive amount of oil supply dropped off as a result of the attack, which is why the price per barrel shot up about 20% right away However, the spike settled down and price didn’t exceed its previous high from last October The facilities and oil field attacked account for around 5% of the world’s production, so anytime something happens on this scale people are bound to panic The fact that prices went down after the Saudis and American government announced they would release millions of reserve barrels into the market shows that panic isn’t likely to be sustained

● Consumer impact will depend on how long it takes to get power restored The strike didn’t spill millions of barrels of oil into desert sand, but it took the production plant offline and damaged essential equipment Oil ports still have plenty of barrels at the ready, but the disruption reduced the barrel-per-day (BPD) output by 5 7 million barrels, so that will definitely be felt if it takes too long to get things up and running I don’t know if every family in America needs to adjust their budgets for escalating gas

Living with children

prices, but anyone who company with a fleet o might have to give that thought and keep an ey facility repairs in Saud

● Energy markets affairs are inextricably event has really shined how important oil is an much the world relies on a product coming from a volatile area Personally, it affirms my belief that every investor should look at energy commodities as an alternative investment; any shakeup in the global market illustrates how important and valuable these resources are In a month or so we might have forgotten all about this particular attack, but don’t lose sight of the lessons we can learn from it

I’ll be following this story as it continues to develop because it’s clearly not being brushed aside as a small incident I certainly hope it won’t affect your bank account too directly, but it’s certainly worth keeping an eye on Thanks for the question, Susan!

Taylor Kovar, CEO of Kovar Capital Read more about Taylor at GoFarWithKovar com

Disclaimer: Information presented is for educational purposes only and is not an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies Investments involve risk and, unless otherwise stated, are not guaranteed Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein To submit a question to be answered in this column, please send it via email to Question@GoFarWithKovar com, or via USPS to Taylor Kovar, 415 S 1st St, Suite 300, Lufkin, TX 75901

Howe vs. Bonham

Howe Rushing Yards: 293

Howe Passing Yards: 301

Howe Rushing:

Jalen Thornton 17-216, 4TD; Brandon Williams 10-74, TD; Carson Daniels 2-19; Caiden Harmon 1-1; Austin Haley 3(-17)

Howe Passing: Austin Haley 10-17-0-301, 3TD

Howe Receiving:

Caiden Harmon 2-101, TD; Jordan Jones 1-73, TD; Kolby Windon 1-51; Brandon Williams 1-46, TD, Jalen Thornton 1-6; Steven Waldrip 3-24; Arturo Lowder 1-0.

Bonham Rushing Yards: 245 Bonham Passing Yards: 243

Bonham Rushing: Jarren Ross 18-108; Brant Stuber 20-86, 2TD; Jerrell Stewart 3-42, TD; Cade Bowser 1-9

Bonham Passing: Brant Stuber 13-35-2-243, TD

Bonham Receiving: Jerrell Stewart 3-66; Cade Bowser 5-130; Duston Sewell 230; Elliott Ross 1-3, TD; Jarren Ross 2-19.

Q: We held off giving our oldest daughter a smart phone until she was fifteen, the age at which we allowed her older brother to have one We read your column weekly in our hometown newspaper and know you disapprove but we had no issues with our son and thought, wrongly, that things would go equally well if not better with our daughter Four months into this and she has become moody and often sullen and we discovered last week that she has started cutting herself She says she often feels unhappy with herself and feels that “all” the other kids her age have more friends than she does We know you’re going to say that we should take the smart phone away, but we’re concerned that may make matters worse Your thoughts?

A: Recent research has found that teenage girls and boys relate and respond to technology in vastly different ways, meaning that your experience with your son was by no means predictive concerning your daughter For teenage girls, social media is likely to become a platform upon which they act out emotionally charged personal dramas In these soap operas the teen world is simplistically bifurcated into villains and victims, winners and losers, lucky and unlucky, popular and unpopular, and so on Girls who perceive themselves as belonging to the less advantaged group are vulnerable to feelings of social isolation and worthlessness, episodes of depression and self-harming, and suicidal thoughts Sound familiar?

Boys, on the other hand, are more likely to use smart phones to go on Internet adventures Unfortunately, these voyages of discovery often lead them into pornography and contact with pedophiles Given that boys tend to be more covert than girls, I would not be at all certain that your son is suffering no untoward effects from being the possessor of a smart phone The fact is, teens quickly learn how to

Bulldogs conceal from adults where they’re going and what they’re doing on the Internet I’m just sayin’

As I’ve often said, there is no good reason – NOT ONE! – for a teen to have a smart phone Self-employed businesspeople like myself can justify having one. People who do a lot of business-related traveling (again, me) can justify having one Likewise, folks who have to be constantly in some information “loop” or another. But teenagers? Nope Not one good reason You want your teen to be able to communicate with you at a moment’s notice? Fine Give him a cell phone (will talk and text only) and a phone card Virtually no supervision required!

You might guess I have no sympathy for the “all the kids his age have one” pretext Let’s get real! In plain English, that translates to “I’m a parent who wants my child to like me and I’m afraid, therefore, of denying him anything he wants ” Unfortunately for us all, most parents these days seem to suffer from Weak and Ineffectual Misdirected Parenting Have you figured out the acronym yet?

Putting myself in your place, I would have no problem at all confiscating both smart phones and substituting inexpensive cell phones Simply tell your daughter you don’t think it’s a coincidence that her problems began when she got a smart phone in her hands Tell your son you’re tired of worrying what he might be getting into Don’t explain yourselves any further than that Don’t be drawn into negotiations Don’t be afraid to be disliked for a time They’ll come back around eventually

Besides, what adult in his or her right mind cares whether a teenager likes them or not?

Family psychologist John Rosemond: johnrosemond com, parentguru com

John Rosemond has worked with families, children, and parents since 1971 in the field of family psychology In 1971, John earned his masters in psychology from Western Illinois University and was elected to the Phi Kappa Phi National Honor Society

Continued from page 3 play, 48-yard drive and give Howe a 52-21 lead with 7:41 remaining in the game

Stuber scored Bonham's final touchdown on a 1-yard sneak Rhinehart missed the PAT and Howe led 52-27 with 6:17 left Howe's next possession ended after 6 plays when Williams scored from the 3 yard line to give Howe a 5927 lead with 3:38 left Howe cornerback Hunter Brussow picked off a Stuber pass and raced 60 yards for Howe's final score of the night That gave Howe a lead of 66-27 with 3:08 left Howe got one more turnover at the end of the game when Raul Hernandez ended up with it on the turf

The Bulldogs will be back at home Friday night to take on Emory Rains who lost to Van Alstyne Friday night, 29-21 in a game that they led 21-0 in the first quarter Rains is 2-3 on the season having beaten Cooper and White Oak They've scored 98 points on the season and allowed 183