Really, Lizs? When SD just told us they will increase share count 15.9 million shares.... 500 million share outstanding almost by yahoo.
16/500 = 3% share increase twice a year thats 6%
and then there's the other preferred...I would guess at least an increase of shares by 10% annually....
Tanker rate are up 60% .....Storage is going to start coming ashore I think.
keeping oil price depressed....Headed into the slow season too....
Instead of storing onshore EIA numbers were down as they ut oil on ship storage...but whom knows? I o not have the resources to find out actual like the billionaires do...Ya know physically watch... Can be done with a few thousand men on ground and some inside large company connections..never show up as inside trading, smile...rarely reported info except when they want the market to move...And of course they already made the bet ...Just release info to market....
Just informing mhores555, I once own this dog is why I am here. Also i had a couple of friends that worked on their drill rigs... Some more info from Iran paper: ""being stored. That is equivalent to 22 days of exports at last year’s rate of 2.5 million barrels a day and 29 days of production at the March estimated rate of 1.9 million barrels a day.
One of the sources told Reuters, “The NITC fleet was deployed to Kharg Island to load cargo to prevent shore tank overflows. This has been going on since March. The tankers are fully laden.”
Reuters reported April 13 that most of the NITC tanker fleet had switched off their transponders to conceal shipping movements. “The ships’ transponders have been switched off because they don’t want to be detected,” one of the Iranian shipping sources said then.
But the transponders may not have been turned off to conceal movements. “They are lying at anchorage. They do not navigate so they don’t need the navigation system to be on,” another source says. That so many of Iran’s tankers are anchored may explain why much of the fleet felt able to switch off its transponders.
Ships are obliged by international law for safety to have a satellite tracking device on board when traveling at sea. However, a ship’s master has the discretion to turn off the device with the permission of the vessel’s flag state.
With half of its own fleet being used as floating storage, Iran cannot deliver large quantities of crude, as many had speculated. It would need to hire tankers on the open market or have importers hire their own ships to maintain exports.
But traders said it would seem unlikely Iran would deploy its own tankers for floating storage if it were able to sell the crude instead.
“We are not sure if NITC will be requiring more tankers for storage but commercial tanker arrivals coming into load crude have dropped significantly in the past one month because of sanctions issues,” said one of the Iranian shipping sources.
""Americans "freak out" when it begins to touch $4"" Wrong....
Americans run out of money to fill tank no freak out....Just empty pockets....
$4,25 will be paid in shares of Company Common Stock on August 15.
assuming .60 cents or .70 cents. ....company has 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock outstanding.
4.25/.7 = 6 shares , 6 shares times 2650000 = 15.9 million...
Bat feathers another 16 million shares to be sold means naked short guy has nothing to worry about......Love those foolish share buybacks. Every CEO that does share buy backs should be fired immediately...This includes the clown buy back program they had at shell....Look out they may do it at GE too....So happy I do not own this stock...even the preferred which I almost bought two 1/2 years ago.
Actually Waterski, unless there is an debt covenant issue with listing I would allow the delisting and let the trading be OTC instead. SD already has name recognition so why do a reverse split? A reverse spilt would only fuel more shorting.
Older adults in Medicare will soon be receiving important information about the immediate benefits they may see from the enactment of the Affordable Care Act. The most welcome news for millions of seniors that fall into the Part D drug program’s donut hole is that they will receive a $250 check due to a provision in the new law.
The mailing from the Centers for Medicare & Medicaid Services (CMS) outlines key provisions of the Affordable Care Act that are important for people with Medicare and their families.
The first benefit that several million Medicare beneficiaries will receive as a result of the passage of the new law is a one-time check for $250, if they enter the Part D donut hole and are not eligible for Medicare Extra Help. The donut hole is the period in the prescription drug benefit in which the beneficiary pays 100 percent of the cost of their drugs until they hit the catastrophic coverage.
Yeah, a whooping $250.00...
""As I noted at the end of April, after climbing at a furious pace every week for months on end, Michigan's implementation of the Affordable Care Act's Medicaid expansion provision (aka "Healthy Michigan") plateaued at around 600,000 enrollees back in February, and then bobbled around the 600K level for several weeks straight. As I noted at the time, I'm still checking this figure weekly, but it has never deviated far from that number--sometimes a bit higher, sometimes lower.""
""Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back.
Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted on
I spend my days watching PBS and sometimes I cannot believe the Fantasy they preach; but I watch anyway. I have no Fox news Channel as I quit cable in 2009. Never listen to Rush(have herd him) and rarely read newsmax... BUT I often read the Guardian and occasionally some of the fiction the NEW York Times and Los Angles Times write...Occasional read economist. Recently i found a YOU TUBE, which I thought worthwhile to listen to. "The American Media Is Corrupt, Biased, and Brainwashing Us: Michael Crichton (1993)
The Book Archive
The Book Archive
Add to Share More 4,043
Published on Jun 2, 2014
Crichton delivered a number of notable speeches in his lifetime."
I am just happy I will not live in the world you would create. Soros phony ideals...Just a Justification for His stolen wealth. There is no businessman that has not been a thief of some sort! Philanthropy, is just an excuse for being a billionaire Just asK the kings over in Saudi Arabia...And his ideas are no better than anyone else's...And he like all, sprinkle the money around for your not entirely sure whom will be the law makers or whom will be in power....GET OVER YOURSELF, Ya not as rightness as you think....And I know a wide number of people and i have yet to find one where Affordable health care act improved their situation...From Tweakers, To middle class making hundred plus grand a year, to average making 60 to 80,000 a year on two wage family, to people whom has had cancer for several years which we help financially(because she insist on working and the medical umbrella works against one whom wants to work)(lost a kidney etc)...To a friend whom died of brain cancer. To teenage girls getting pregnant and getting family aid. Girl your the one whom is clueless! And those making minimum wage at goodwill or Big-Lots (sp). May killed the insurance(quit) or Goodwill talking of changing which worries the employees... I could go on...
Besides, look up the Forbes article it fairly recent.
Now, healthy people are extorted! blackmailed into having health insurance....Some private insurance companies have manage to have our government make buying health insurance a Mandate!
Tam, Do you know even how insurance works? Collect money from many(individual) to cover a disaster as "all" will not have disaster. Thus company make money disinterred covered and some pay money they never get a benefit from except Peace of mind. Healthcare- Gov or insurance company. Well government covers many. oh so does insurance company. Tam It is actually cheaper for government to be self insured because of the many; adding an insurance company does nothing but add costs.
I would still argue what we had was better than the new one.
Everybody was cover under old plan. Visit doctor, hello go to county hospital fill out medically indignant adult (MIA) papers and you could make an appointment. The new plan put a third party middleman to pay in the process. Any one knows if you remove the Middle man you lower expenses....The Affordable healthcare Act just added a middle man on medicaid.
Government always had pricing power they just never used it; instead politicians claimed the opposite ...As my EYE doctor at UCLA said without Medicare and medicaid they would be lucky to have two or three patients a week. Now, UCLA has 60,000 eye visits a year...Drop that to 1,000 or less and then tell Americans the Government had no pricing power when it came to health care costs....
By the way all the exchange plans signing em directly up to medicaid is no different than filling out MIA papers....Well, whats the count an extra 11 million Americans insured...I thought there was over 40 million Americans uninsured?
Government Study Finds Obama Care Leaves Thirty Million Uninsured, Forbes,
""Hence, the number of uninsured citizens and legal residents was 36 million, not 53 million, as Obama Care was being passed on a partisan vote in Congress. In fact, this was the number cited by President Obama during the campaign for the Affordable Care Act. (He got it wrong at 30 million but then quickly raised it to 36 million).
The point to take away: Obama Care will cost well in excess of a trillion dollars but will reduce the number of uninsured only from 36 to 30 million, or by seventeen percent.""
Auto correct is starting to be worse than my bad typing and spelling...Have=hate... lookout = look at ....Their = tier.... tier it correctly, well you get the picture....it's not all me....
Hate the Flat tax...I have passive tax rate the fund managers get. herd a Private equity guy argue that would also effect them and venture capital.
Talk about not paying taxes lookout those guys...I like tier systems. Only they do not their it correctly, lol. Take a executive earning 20 million. First 10 million taxes as they are; Second ten million up the tax say 40%...So the 20 mill breaks 10 normal taxes and 2nd 10 million (net 6 million)... That's what I would call a tax increase on the Rich. One could bump the tax to 60% on anything over 100 million of course i mean realized income.
Democrats always scream about equaility. Well, that would fix it. because Increasing executive pay would become less beneficial as the income became astronomical...I would have an "exemption" which would apply to a private company built by the founder. Taking a public company private would not count. Heirs would not count. Of course there needs to be tweaking to this General outline....Or am I tweaking on my caffeine crack?
Hows that experiment coming Dana? Have been able to heat those 6,000 beans with three? Have you tried six? Oh, by the way this ought to be easier than air because we using beans which have all the same heat capacity. In other words the beans we are using to heat the others with have as much heating capacity as the other beans where-as, CO2 actually has less heat capacity than air and vapor....If you argue some beans may be smaller than others i suggest picking the abosute largest beans as heaters....Or use BB's instead...get 6,000 BB's and try to heat them with three BB's? (6 BB's?). Let me know will ya?
I Link to from there to :""The Roman Warm Period or the Roman climatic optimum has been proposed as a period of unusually warm weather in Europe and the North Atlantic that ran from approximately 250 BC to 400 AD. Cooling at the end of this period in south west Florida may have been due to a reduction in solar radiation reaching the Earth, which may have triggered a change in atmospheric circulation patterns.
Theophrastus (371 – c. 287 BC) wrote that date trees could grow in Greece if planted, but could not set fruit there. This is the same situation as today, and suggests that southern Aegean mean summer temperatures in the fourth and fifth centuries BC were within a degree of modern temperatures. This and other literary fragments from the time confirm that the Greek climate during that period was basically the same as it was around 2000 AD. Dendrochronological evidence from wood found at the Parthenon shows variability of climate in the fifth century BC resembling the modern pattern of variation. Tree rings from Italy in the late third century BC indicate a period of mild conditions in the area at the time that Hannibal crossed the Alps with elephants.
The phrase "Roman Warm Period" appears in a 1995 doctoral thesis. It was popularized by an article published in Nature in 1999.""
I not read of London fog. Confusing smog with co2 is not correct. yes, coal puts many other pollutants in the air(I googled found 1952 wiki on london fog)...Rome had smog"In 61 AD Seneca the Younger described the high level of air pollution in Rome, which was associated with the extensive wood burning for fuel" From(hard for me to find that note on polution): wiki maybe find link from this: "Climate of Ancient Rome
From Wikipedia, the free encyclopedia
The climate of Ancient Rome varied throughout the existence of that civilization. In the first half of the 1st millennium BC the climate of Italy was more humid and cool than now and the presently arid south saw more precipitation. The northern regions were situated in the temperate climate zone, while the rest of Italy was in the subtropics, having a warm and mild climate. During the annual melt of the mountain snow even small rivers would overflow, swamping the terrain (Tuscany and the Pontine Marshes were deemed impassable in antiquity). The existence of Roman civilization (including the Eastern Roman Empire) spanned three climatological periods: Early Subatlantic (900 BC–175 AD), Mid-Subatlantic (175–750) and Late Subatlantic (since 750).
The written, archaeological and natural-scientific proxy evidence independently but consistently shows that during the period of the Roman Empire's maximum expansion and final crisis the climate underwent changes. The Empire's greatest extent under Trajan coincided with the so-called Roman climatic optimum. The climate change occurred at different rates, from apparent near stasis during the early Empire to rapid fluctuations during the late Empire. Still, there is some controversy in the notion of a generally moister period in the eastern Mediterranean in c. 1 AD–600 AD due to conflicting publications."
1998 Mann(Climate Scientist) and co- workers made graph; Hockey stick(supposed STUDY to show temp from 1 thousand years to present).
looked like a narrow band with spike on end...(claimed use of 120 proxy studies)(tree ring ice core etc,) graph appeared to show spike now! IT formed the center piece of the 2001 report on climate change.
At first when challenge he(advocates) said, little ice age and midlevel warm period was European and not global...This started a hunt through record in china and elsewhere.(turns out medieval warm and little ice age was global)...Then two Canadians got the Mann research and they reported back in 2003.
The rhetoric change from warmest in 1,000 years to warmest in intramental history!!!~......5 years of Mann's graph swayed people and it , IMO was enough to make many whom believed because of this and other authority figures telling it was true to become cult like in their belief...Even if you hit em with the rock they know does not exist...
The believers today ignore the lies they were told and troop on to the Political march it is "settle science"...When the math says no, the common sense method says no, when there is a better explanation(STD Atmospheric model) says no, and space probe have recorded temp rises on other planets where clearly humans have not added co2.
The dat is still being tampered with and is so much; it 's become unusable or the margin of error in the measuring instrument(sattellite) although very accurate has an error range wider than the change in temp(actual); there is to actually measure. ....
I recently read NOOA and NASA data sets(ground) are no longer going to be used....BUT Pres. Obama Announce the "Science is Settle"
Is he going to start selling us bridges to nowhere too? Or more to the POINT is our Government going to keep selling the fiction about co2 and temperature ? Are we in the west going to make our form of the Chinese cultural revolution(the one under MAO)? That work out right?
ATP got me...But it was the reservoir that Toasted ATP...First well, Failure, no production and ATP produce the upper zones first which i would of done lower zone first...Smart completion failures on all well tied to Titan.
Morons pulled tubing in half on a re-work from a failed completion(as the zones ATP completed Communicated with other well in production and adversely effected production) ...I like to know how morons pulled tubing into as i assume they used new tubing and it is rated! Last well did not produce either...BK...pipelines to third party . Third party played ATP on delays and even after a year in BK the two clipper wells were not on production as one was off....I never seen such a FUBAR operation from an Operator that is suppose to be expert at it....I cannot prove it but I think it was sabotaged on purpose...Althouh, the reservoirs were weak...The one good well they had on production the over produced and shorten the life of the well and the Ultimate recovery from it...