I'm not retired, but glad the Congress is finally doing something about the massive debt the US is racking up --- Obama's 110% to blame for taking it from $9B when he first took office to over $18B today.
Moody’s Analytics sees oil prices much higher in 2015 — with West Texas Intermediate (WTI) crude projected to average $85 per barrel and Brent crude closer to $90 around this time next year. The reason: lower prices will reduce investment in exploration and production while encouraging greater consumption, eventually boosting prices. In short, lower prices help cure lower prices.
Sounds like a place I'll have to visit with friends --- appreciate the info. Cheers.
BTW -- London traders I spoke with see BP (on its own) as extremely undervalued based on major cash flow increases "already programmed in and on the books" (e.g Eagle Ford).
I'm a buyer.
Rental car in England was a FORD with an Ecoboost-- didn't expect that and those little engines are incredible.
(Newly remodeled RAF Club (across the park from the palace) is exceptional). I also highly recommend the following pubs: Kings Arms and the Duke of Hamilton (Oliver Reed's old hangout)
Rumor "on the street" is something will happen between Royal Dutch and BP - merger, JV, or something else and the traders I spoke to believe it's all about cost consolidation and company "overlap" --- they see Royal Dutch and BP investing in similar, if not identical "properties", technologies, etc and believe the EU would welcome a combined entity.
I'm long and adding daily.
I'm wondering where you're getting this nonsense? Democrat Mary Landrieu just got crushed in LA (Republican rec'd 60% of the vote) -- the country is looking for a more business friendly, business savvy Washington that leads builds businesses, not tears them down with excessive government, taxes, regulation, etc --- the basic tenets of the Democratic Party.
I've briefed Hillary Clinton personally --- she talks things up and comes off as someone who can deliver, but for those of us who have worked with her, she is well known for not doing the hard work, not following up or making things happen --- that been her MO for years.
People want their elected officials to do the hard work, get their hands dirty -- that's simply not Hillary Clinton.
For you engine aficionados out there --- Ford has excellent write ups on its internal and Ford Truck Enthusiasts forum on why they chose Ecoboost over Active Fuel Mgt (used by GM)............the two approaches are radically different, but I'm sticking with Ford's ---- which essentially makes tiny engines act "big" vs GM's approach of making big engines act "little"
The 2.7Ls I ordered in the new F150s come with 325 hp STOCK !...............buyers have the option of going with the 385 hp F150s for a few dollars more..............heck the big blocks in my 66 Fairlane GT and 68 Mustang FB didn't come with that out of the factory ----- Ford has really pushed the envelope with its turbos, direct injection, etc in the Ecoboost --- GM uses direct injection but they can't deliver anywhere near the same results
A long downward trend in gasoline prices could make consumers less likely to buy the fuel-efficient vehicles key to reducing climate change, Ford global product development chief Raj Nair said in a wide-ranging discussion Tuesday.
Increasing vehicles' fuel economy is "the right thing to do," to reduce human contributions to greenhouse gases, he added.
Ford does not think low gas prices will reduce sales of its fuel-efficient EcoBoost engines, Ford truck marketing boss Doug Scott said.
"As many customers buy the F-150 pickup with an EcoBoost engine for performance as fuel economy," Scott said, citing company research.
Ford developed EcoBoost, which combines turbocharging and direct fuel injection to increase power and fuel economy, Nair said.
EcoBoost engines figure prominently in Ford's high-profile 2015 models, the sporty Mustang, F-150 and Lincoln MKC compact luxury SUV.
"I don't think we've ever had a better year," Nair said. "We're trying to contain our pride."
Falling gasoline prices do pose challenges for sales of hybrids and electric cars, but "fuel economy is a strong driver for sales of other vehicles. Low gasoline prices make the payback longer," Nair said over lunch at a test track near Ford HQ in Dearborn
I don't like liars like President Obama and the American people including yahoo left wingers with their latest headline (Obama's Latest Problem - His Own Party) have him pegged:
WASHINGTON (AP) — It used to be that Democrats would mutter under their breath about President Barack Obama and the White House.
Now, with the midterm elections behind them, some leading members of the president's own party are airing their frustrations with little restraint and charting their own course. In speeches, negotiations and congressional hearings, several high-profile Democrats are disregarding the White House in ways large and small.
WASHINGTON – When President Obama issued a preemptive veto threat last week against a measure extending a group of tax exemptions, it was widely seen as a swipe at Senate Majority Leader Harry Reid, D-Nev.
Reid had been negotiating with Republicans — and was close to reaching agreement with them — to keep the tax breaks in place at least in the near term. The White House’s unusual move, announcing the threat of a veto before legislation had even been introduced, appeared to many observers to be retribution for the brazen defiance of Reid’s chief of staff, David Krone, who openly criticized the administration after the Democratic Party’s crushing losses in the midterm elections.
I know the FBI (down the street from the USMC Sniper School) buys a lot of S&W from Quantico Tactical (one of my fav S&W dealers "up north") --- is that a Dept of Homeland Security contract ???
Biff --- outstanding. What was the twist on the barrel??
When the heck is Ford going to push the needle a little and take this darn prize???
It sure seems that way -- they have no business sticking their nose in places it doesn't belong. We have a legal system in place already and the results of those grand juries are part of our established system --- the same system let OJ walk free for killing two people.
With well permits dropping dramatically month over month and half the fracking players leveraged to the hilt and living on junk debt, you can bet at least 15-25% go bellyup.
I'm a long of BP at 39-41 ALL DAY and their pristine reserves and current valuation make it a compelling target.
Sentiment: Strong Buy
Chevy took it
libertee4all --- I really like that setup you've developed. I'm using Trijicon RMR (red dot) on the S&W Pro Series and getting "ok" groupings.
Lately, I've been practicing at 75-100 yards with the handguns and that in itself is a challenge to keep the groupings respectable -- pretty tough to say the least -- actually much harder than the long distance (600 - 2000) yard shots I practice with the rifles (e.g Lapua). The Lapua (in theory) can reach out another 500 yards but my math and sensors aren't quite up to that yet --- looking at trackingpoint tech (big bucks).....
No I haven't purchased these newer versions yet, but will be adding soon (S&W has a very good program with military and law enforcement and they treat us exceptionally well). The handguns I used on the range this past weekend were purchased mid 2014 and are straight Pro Series -- outstanding accuracy (I'm a "military badged" marksman so I shoot "ok")
I understand the new ported models provide even better accuracy -- looking forward to owning a few of these too.