Of course you do Willie. Anger is the nature of hubris exposed by the process of Free Speech.
Collectivist control is why it exists. Whether in the church or government.
YOu can make it up to the time of Milton. BUt only if you wish too.
I can assist but not do for you.
Yea when it comes to understanding the oil business and the energy industry old John is a Master of the House.
Believe it or not it didn;t get to $5 but it was a great call.
Defective Corn ethanol Opie,
The market is not pulling back because of lower oil prices. It is rather the disruptive nature of the fall.
That and Europe and Japan are going for another failed stimulus rather than rational up and do the necessary structural reforms. Plus Obama pretending the Terror War is a police action.
The markets would be a great deal more secure if Obama was reacting maturely and with purpose.
Expressing ng export projects. Approving XL and every other pipe line. But just like Pelosi, he is introducing the risk of sovereign collapse without prudent policy response. Pointless GW regulations just spread fear.
Remember even Obama admitted everything he is imposing will not change the Progressive Climate Control models in any meaningful fashion. Rather it is to set a Progressive moral example to collectivists who lock up and beat people for free speech.
It is breath taking.
Now defective therefore illegal corn ethanol mandate Opie,
There are many reasons American can and does run sustained trade deficits. The Progressives like Gladston demand more free trade without rationally addressing hostile mercantilists like China and Germany. Although to be fair the irrational collectivists of Germany are quickly resolving the problem for us.
At any rate the rest of the world is pulled along by the rational consumption power of the American consumer. Obama was not successful in blocking free market energy production on private property. UNlike his lawlessly stepping on xl and natural gas export. So after six years the American economy is getting a sound stimulus in lower oil prices.
Obama alone of all administration lowered American living standards in a profound and sustained way. Badly damaging America's economic growth rate potential. Also putting a limit on the degree the American consumer can pull along the structurally inefficient economies like Germany and China.
All the borrowing and spending has been completely ineffective as the problem is needless diminished demand from the American consumer. Which might have been rational given American itself can not explain how Obama won the last election.
Now no honest person will attempt to give Obama credit for lower oil prices and the expansion of real family disposable incomes. But Progressive of course have no concept of personal integrity. They just claim they have superior understanding. So they need to lie to us.
Why the quality of Fox information and analysis is so clear in my posting that even a delusional loogan can recognize it? Why Willie perhaps you have taken the first measure towards a rational condition.
Maybe soon you will be able to address facts rather than blurt out in uncontrolled Progressive fashion your emotion based mental conditioning.
Obama did not go to what is likely the pivotal event in the pervert Islam for political collectivism terror war. Which sadly is not surprising. What is surprising is Jon Stewart stepped up while most news media remained dishonourable. Some not even mentioning it or for a few seconds.
The sad portion of all this is the 'West' is rallying around a nihilistic snarky expression. Rather than mature rational Freedom of Speech to express deeper ideals and beliefs. What the primarily oppressed by elite Muslims largely illiterate Ummah will 'see' through propaganda Al Jazeera is millions of decadent material nihilists having a party and a tantrum. Which sadly is the full depth and measure of the Jon Stewart secular state as god philosophy.
So Freedom of Expression demonstrations have not equipped Orthodox Sunni Imams with any cogent response. Nor does any European state have the military power to impose their will. They could not even handle Libya on their own.
The end point here is civilizations are not built on material nihilism. Material nihilism is a depressing and therefore debilitating condition. Misery has always loved company. Therefore without any intellectual inflection the Jon Stewart just makes a leap of faith that material equality will make every one laid back and happy. Even as the social experiment has been run in Europe and failed at every level, predictably.
There is a needed response. One based on rational Free Speech. A defense of Classic American Liberalism based on individual sovereignty or Liberty as a gift of the Creator. Heck the American framers even left room for the rational atheist.
Benchmark U.S. crude futures sank 46% in 2014 and continued to tumble when the new year began. They have stabilized in recent days, but the strong dollar and Saudi Arabia's unwillingness to cut production are still putting downward pressure on prices.
With lower oil prices and smaller budgets, production in Citi's coverage group is expected to rise 9% this year vs. an earlier outlook for a 14% gain.
Nicely done piece.
But the oil capital budgets are falling faster than the analysts figured. We probably should expect American production to keep growing. The engineered collapse in oil prices was so sudden that plenty of wells are at or near completion and production.
How far oil service costs can fall is another question. The providers were not making boom pricing. Training has commanded premium pricing but as our economy expands on lower oil prices, how great the price reduction will be is open. Whether American oil at $55 can be produced with positive cash generation is really a question of access to pipe and the Texas export refining nexus.
If the Citi analysts is correct oil is not going back to $80 in a stable market. If the world economy does not pick up and generate additional demand. Same goes for natural gas.
But I think the analysts have under estimate the damage over leverage in the energy patch will do. What many drillers would want to do is very different than the market providing the working capital to do so.
Plus I would wager SA is likely to engineer another leg down in price if American shale proves this efficient.
Real shame America went trains rather than take the good times to make the commitment to more pipe. But then this was the Progressive agenda. Keep it expensive and unstable. Make irrational base load wind and solar look artificially better than it is.
Poor defective therefore illegal corn ethanol mandates Opie,
American economy should be leaping on this massive surfeit well below the cost of production. Not to mention ethane.
A free market unhindered would quickly put it all to productive purpose. In high valued added manufacturing of today, labor is an immaterial portion of the bill of material. The three determinants to location are energy, taxation and regulation. We could even include infrastructure connection to suppliers and markets for the digital supply chains.
SO the rational question for a LINE investors is why is cleanest of all possible energy source of natural gas not being sucked up into racing economic activity? It has after all been six years. More than enough time to get capital investment in place and operational.
The hinderance is clearly dysfunctional politics. Like abusing power to block critical economic and security infrastructure like XL. While deeply and understandably insulting our closest natural ally in the Canadians.
There are reasons for the systemic dysfunctions. Without getting to the root causes we Americans will not be able to correct them.
It is druggery but this also means reaching out by persuasion to the half of Americans who have tuned out and become completely self absorbed. Jon mocks his own authority assigned by the great level of trust his audience place with him. He can keep telling them they should not and that he is an irrational comic. BUt that does not change the responsibility 'fate' has put in his trust. To be fair, JOn is a brave American. He does seek the good as he understands it. In an irrational condition. So it is not surprising naive youth ignores his protests. In a Progressive movement rejecting personal virtue Jon is pretty much alone.
No One and Mad Who believe he deserves it. Try as he might, Jon does honestly care. So those who place trust in him are not irrational. Pretty funny when No One things about it. ;)
On August 17, 1790, Moses Seixas, the warden of Congregation Kahal Kadosh Yeshuat Israel, better known as the Hebrew Congregation of Newport,
It is the 'Christian' part my Christian brothers and sisters some time have trouble with. Our Constitution which Ordian Individual Liberty kept more for Posterity than ourselves is CLEARLY not secular. It is rather a call for average Americans to do their duty with a Servants Heart. Completely consistent with our fellow Americans of the Congregation of Kahal Kadosh.
Washington's First Inaugural
Having thus imparted to you my sentiments as they have been awakened by the occasion which brings us together, I shall take my present leave; but not without resorting once more to the benign Parent of the Human Race in humble supplication that, since He has been pleased to favor the American people with opportunities for deliberating in perfect tranquillity, and dispositions for deciding with unparalleled unanimity on a form of government for the security of their union and the advancement of their happiness, so His divine blessing may be equally conspicuous in the enlarged views, the temperate consultations, and the wise measures on which the success of this Government must depend.
The basis of Washington's National SOUND religion we were gifted reason to understand.
It is academic now. The light shale oils are among the most expensive to drill. Although it should help with discounts.
Best of course of action would be to follow the RFS law and end the corn ethanol mandate. More pollution, defective and vastly more expensive.
As we can see by the economy growing almost normally with lower gasoline prices, food and energy costs are not made up with illusional and delusional Progressive 'efficiency'.
"Securing access to oil reserves and shipping lanes worldwide, for ourselves and our allies, imposes huge costs, in terms of treasure and lives, on members of the U.S. military, their families and the taxpayers. The same goes for the U.S. diplomatic corps, which expends enormous resources each year shoring up relationships linked to the global oil trade. To the extent we must borrow money to finance these military and diplomatic operations, we're passing on the costs of today's oil to our children. Uncertainty, too, imposes costs. And, here, our dependence on oil is exacting a steep toll."
No need to import oil today between Canada and the USA. Just stop blocking infrastructure pipe.
Willie as the board sophistic has typed. From the lunar New South African crater.
Did you see American manufacturing numbers today?
Oil is below the marginal cost of American shale production.
Connected from WSJ
Nice run down of where American gets oil.
The credit also encourages abuse—both of the electricity grid and the taxpayer. Instead of paying wind producers based on how much of their electricity is used, the PTC pays them based on how much electricity they generate. Companies that invest in wind power thus receive tax credits to produce something that consumers may not actually want. In fact, producers often pay electricity-grid operators to take their product. This phenomenon is known as “negative pricing.”
Wall Street has figured out that it can use this system to its advantage. The PTC offers major corporations a chance to lower their tax rates by investing in wind energy. But investors also realize that wind farms make little financial sense if the taxpayer isn’t picking up the tab.
Wind power’s fluctuating growth patterns bear this out. In 1992 wind installations produced about 2.8 million megawatt hours of electricity; in 2013 wind installations produced 167.6 million megawatt hours. Yet when the PTC expired temporarily in 2000, wind installations plummeted 92% the next year. The same thing happened in 2002 and 2004, when new installations fell 76% after two temporary expirations.
But the past few years deserve special mention. For most of 2012, wind producers weren’t sure if the PTC would be renewed at the end of the year. As a result, producers didn’t break ground on new projects, with only 1,100 new megawatts brought online the following year—a more than 90% drop.
Lee Ohanian, from UCLA, argues that Hoover adopted pro-labor policies after the 1929 stock market crash that "accounted for close to two-thirds of the drop in the nation's gross domestic product over the two years that followed, causing what might otherwise have been a bad recession to slip into the Great Depression". This argument is at odds with the more Keynesian view of the causes of the Depression, and has been challenged as revisionist by J. Bradford DeLong of U.C. Berkeley.
Ah the matter of opinions and the Progress myth building around the one that suits political myth rather than objective reasoning.
Obama has a last place finish. Nothing as been more Keynesian than this mess. That some how artificially extreme cost of food and energy is great as if avoids deflation. When in fact it is the hole shot in family incomes destroying demand and therefore true economic recovery.
Maybe it is well that Obama is such a character defective that he lied about our natural gas. It might have been enough to carry all his disincentives to honest work and therefore record low participation. Although the corn ethanol bubble mirroring the run up to the FDR Great Depression probably was to much to overcome.
Facts are stubborn things. All human beings but it is especially critical at this time for American Reverend who happen to be black not to give into the emotional and therefore irrational His-Story myth.
Told because any objective study of history proves all collectivism fails. If Social Security had not been constructed as a collectivist program, it would not have failed for it would not be wholly resistant to informed reform.
The 1947 edition of Scott5 Blue Book represented both a high point of
Bronzeville business visibility, as well as a classic example of how black 208 / ROBERT E. WEEMS, JR.
Chicagoans were imbued with a sense of business-oriented racial solidarity.
Scotils 1947 edition featured 338 pages of advertisements and stories related to
black business in Chicago. Black newcomers to Bronzeville, especially, must
have been truly impressed with the wide variety of black-owned businesses in
the Windy City. By 1947, Chicago blacks not only operated such "traditional"
enterprises as beauty and barber shops, restaurants, and grocery stores, but also
furriers, golf instruction schools, ice cream manufacturing plants, massage
parlors, and a riding stable [Scott's Blue Book: A Classified Business and Service
Directory of Greater Chicago5 Colored CitiEens' Commercial, Industrial, ProJ•ssional,
Religious, and OtherActivities, 1947, pp. 180-182, 184, 207, 227, 278].
Besides exposing black Chicagoans to the wide range of commercial
enterprises operated by local African Americans, Scott5 strongly urged
Bronzeville residents to supporthese businesses. For instance, the 1947 Blue
Book noted: "the most cordial reception awaits you at these shops. They are
YOUR shops. Opened for YOUR convenience and catering largely to YOUR
individual need and comfort. When planning a purchase, won't YOU visit them
FIRST? YOU ARE ALWAYS WELCOME [Scott• Blue Book, 1947, p. 28].
Ironically, within a few years, Scott's Blue Book assumed an entirely
Hey John has a temper and so brings much needed colour to politics. MOre importantly his word can be trusted.
So it is right and proper that the junior Senators show diffidence to a real American hero.
BUt there is a need to debate the deluded Constitutional ideas of good men like Juan Williams.
Such a nice person was definitely born to be on Liberty's side.
JOhn also has a great deal on his plate. BUt I hope he sees an end to this corn ethanol disaster and once again looming disaster. Corn ethanol is fine it is the mandates which must go.
Poor Willie. Full delusion.
Can you explain Barney Franks and the socialist caucus purposefully mislabeled black caucus on the subprime explosion?
Did Pelosi not shut down our House rather than than allow a vote on Offshore drilling?
Progressive myth telling is a fascinating delusion! ;)