Fracked wells in the US will probably survive at $60/barrel. Frecking technologies have been improving and fracking costs have been dropping. But, that's not the case with the Canadian oil sands extractions. Most reports say that a barrel of oil sands crude still costs at least $80/barrel. The Koch bros. may need to thank those environmentalist who kept them from wasting billions on a pipe that they couldn't use.
Another possible reason is that the Saudis are trying to take the oil funding source away from ISIS. The Saudis are frightened by ISIS, and ISIS now largely funds their war by selling oil that they pump in Syria and Iraq. If the prices are low enough, ISIS won't be able to both be able to fund their war and keep their oil flowing.
Exactly! All that unexpected snow and cold all winter long!
In reality, it looks like we are seeing just what we should expect at the end of a long and deep recession. Improving employment, improving spending, and improving GDP. All we need now to finish the job is some investments to repair and replace our crumbling national infrastructure.
Good thinking! those laws are mostly state laws, not federal laws. It would be good yo elect a GOP POTUS who knew which laws he should enforce.
Yes Ben. If I had that much influence, I don't expect I'd have much time to post here! ;)
Well, you can have your own opinion, but not your own facts!
As a recent FOX business report shows , it's under Democratic presidents that the stock market has surged over the past century. Not so much with Republicans. The stock markets have grown more under Obama than any other president, and they have grown more under Obama, Clinton, and FDR than any other president, Republican or Democrat. On average stock markets have grown by 12% under Democrat leadership, while just 8% with Republicans, according to the FOX Business report. Those are the facts.
An interesting possibility. But, those two will probably go "apaplectic" along with another 90% of the country, as they bid up the prices of face masks, and as visibility drops to 200 feet, just as it is in Beijing now. If you've every talked to any visitors from china, you would know that the one thing that they all immediately notice is the clean air, the blue sky and the fact that they can see stars here. Well, them and the people in Texas where the number of chemical factory fires and explosions will double (at least). All it would take is getting rid of the EPA and he rules they enforce. Remember, there is no EPA in China and they don't have any of those "crippling" environmental regulations. A perfect model for today's Republicans to emulate!
The other question is what is it that I'm free to do here in New Hampshire that I'm not free to do in California, NY, NJ, Hawaii, or RI. I've been in all those states, and I've been free to do everything there that I can do here - except for voting.
And that's the heart of the problem, isn't it? when will Congress find a solution, and pass a bill that the president will sign, and fix the problem? After waiting a few years now, there is a good reason that this Congress is called the "do-nothing" Congress.
So, it is your opinion, then, that GW bush did not "FAITHFULLY EXECUTE" the law because he did not return as many illegals as Obama has returned? And that R. Reagan and GHW Bush did not "FAITHFULLY EXECUTE" the law when they allowed illegal relatives of legal citizens to remain here and not send them home?
What bills passed by the House?
- Those dozens of bills to shut down the ACA, and take health care and health insurance away form 10's of millions of Americans?
- All this bills to build a pipeline through America's heartland, through farmers' fields where they don't want it. A pipeline that Canada doesn't want at home, and that will ship Canadian oil from Canada to the Gulf Coast, where it will be pumped onto ships to carry it to China? A pipeline that will only create jobs if it leaks and requires 10's of thousands to clean up the mess?
- Bills to reduce regulations, as was done a few years ago to allow banks to create the CDO's that resulted in the housing bubble and the recent recession?
- Bills to speed up the process and reduce oversight for companies that want to drill more wells in the Gulf and offshore Alaska. Bills that companies like BP want to cut costs and speed up their work in the gulf?
You mean bills like those?
I've heard Obama say that he can't fix the immigration problem himself. He has said that to fully fix the problem, Congressional action is required.
He seems to be still saying the same thing. He (and an army of Constitutional lawyers) have also said that there are some things that Congress has already let him do, and that he will do if Congress refuses to do what they need to do. What he can do won't fix the whole problem, but it will help some people.
What have you heard that is any different from this? But neither of us has any idea what he really plans to do. We'll know more tonight.
He doesn't have what power? The president certainly has all the powers that the Constitution and Congress have given him. What particular power are you talking about?
And the people who just refuse to even talk about things like jobs, middle class wages, education, student loans, immigration, our crumbling infrastructure, poverty, health care, and climate change are blameless, right? 10 hours a day, 6 days a week in session, and they still wouldn't be able to cover all these problems. But they've got to start talking about hem first.
So, we now see, your position. You've now stated that you side with those who thought that Galileo should be burned at the stake for making use of observation and scientific analysis in his writings and speech.
Again, what laws has he, or will he violate? Obama has not said that what he plans to do will violate any law.
In fact, he has said that he will only do what Congress has already allowed him to do using existing laws. He has also said that he can't solve the entire problem, himself. It will take actions of Congress to do that. But, he has said that he plans to do what he can legally do, which he expects will solve part of the problem.
So what will we see next year? Another do-nothing Congress, or one that will actually do something positive for this country? Six days a week, 10 hours a day, until they get caught up on all the work that hasn't been done so far? We'll see.
What do you think is incorrect in what he says there? We now stand at about 13% of the US population (41 million people) who are immigrants. This number has risen from just 5% immigrants in the US in 1970. We haven't seen a 13% immigrant total since about 1910, and the US immigrant population remained in the 13% - 15% range from 1860 to 1910.
But what laws have been violated by the president?
Sure, Lang. I can answer that question for you.
First, about half the people on food stamps (or SNAP, as it's now called) are children. Children have a very hard time if they must feed themselves.
Next, some elderly are on food stamps, if their social security is is low and they have no savings.
Also, many of the disabled or sick are on food stamps. Many veterans fall into this category.
Finally, there are some adults who can't find full time work. Single mothers with 2 or 3 kids, either widowed or abandoned by the children's father. People who are very sick. And, perhaps most import, people with seasonal jobs, especially in Maine, and VT to a lesser extent. These jobs include loggers, home builders and farmers. Also fishermen and lobster-men - especially in Maine. (You do know that those relatively cheap lobsters that you eat at your yacht club are subsidized with food stamp payments, don't you?) Also include the hospitality workers in restaurants, ski areas, BandB's gift shops. Snow plow drivers and school bus drivers, too.
There are people who can't put food on their tables in every state. The issue is not whether they exist., as they do exist everywhere. The important issue is what we are wiling to do to make sure that everyone has a roof over their head, and food on the table.
Let's do just a little more math..
NY 19.4 million
AL 4.8 M
MI 3.0 M
LA 4.8 M
Total 12.6 M
The 3 state together have 65% the population of New York.
But, ... using the numbers above, the same 3 states have 80% the number on those welfare programs.
Sentiment: Strong Buy