Posted on January 17, by Gail Tverberg A person might think from looking at news reports that our oil problems are gone, but oil prices are still high. If we expect to have more tight oil and more oil from other unconventional sources, we need to expect to continue to have high oil prices.
As a congressman, I will seek to repeal all unconstitutional laws, starting with the Patriot Act and section of the National Defense Authorization Act.
The NDAA gives the military the power to round up and indefinitely detain american citizens without representation or due process and violates the fourth, fifth, sixth, seventh, eighth, ninth and tenth amendments to the constitution — even the Magna Carta which dates back to AD.
President Obama, who taught constitutional law at the University of Chicago, knowingly violated his oath of office when he signed it into law on New Years Eve and so should be impeached for high crimes and treason.
Bush and Cheney should also be prosecuted for war crimes and treason. Laws which violate the Bill of Rights and Constitution have no legal basis and may not be enforced Marbury vs.
The oil crisis began in October when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil ashio-midori.com embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War. The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States with the embargo also later extended to . Introduction. An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its. Under the current supply glut driven by rising unconventional production, falling oil prices have damaged industry profitability and led to dramatic cut backs in new investments in production.
Madisonbut I will seek to remove them from the books anyway. Anyone who disagrees with the government is branded a terrorist and the skies are patrolled by Homeland Security predator drones.
We should disband the TSA, I will vote to deny appropriations for this unconstitutional and lawless agency. Airports should hire sworn peace officers to provide airport security who will obey the fourth amendment. The TSA has no right to randomly search people at shopping mallsbus stationstrains and highway checkpoints without probable cause.
The banks own Washington. Congress has allowed them to perform the biggest heist in history, looting untold trillions from us, our children and grandchildren.
They have been implicated in unprecedented fraud leading to the destruction of the Icelandic and Greek economies. I am calling for a full investigation into the activities of these megabanks and prosecuting them to the fullest extent of the law — up to and including revocation of their charter to operate.
Former Goldman Sachs CEO Hank Paulson used his position as Treasury Secretary to ram through the original banker bailout bill, ostensibly to ease up the credit markets. Derivatives are private gambling debts between private institutions and are not the responsibility of the taxpayer.
We should reinstate Glass Steagal. Banks can be either commercial or investment banks, not both. Banks which have merged both operations must break up to separate their investment arms from their commercial arms, and any liabilities transferred from the investment side to the commercial side must be returned so the losses are not FDIC insured and dumped on the taxpayers.
It is a cartel of private bankers controlling the U. Department of Treasury which will resume its task of printing U.
Constitution directs, thereby eliminating our debt-based monetary system and liberating our dollars to be used for the good of the people. There needs to be a full audit of the Fed, including the names of all the shareholders.
Those shareholders must account for — and return — all the money they gave to foreign banks and companies in Europe and beyond. I will make it a felony to knowingly add biologically harmful agents to our food, air, water or vaccines.
These would include but not be restricted to neurotoxins, immunosupressants, endocrine disruptors, carcinogens and heavy metals. Until the toxins are banned, food packaging must clearly state which toxins are present on the front of the packaging, similar to the warnings mandated on tobacco products.
These would include but not be limited to named pesticides, genetically modified GM material and aspartame. GM food has been banned across Europe because it causes major organ failure and sterility in mammals. I would withdraw all agricultural subsidies for the production of GM crops and livestock.
I will also hold manufacturers of GM seed liable for damage caused when their seed contaminates organic farms. The boards of corporations selling tainted food should be held personally liable for all deaths, injuries and fertility problems caused by their products.
I would also ban food products developed with or containing human tissue or DNA.Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice Crude oil prices & gas price charts. Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s busy summer-driving season comes to a close.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
I guess I don’t follow the logic or the proof of the following conclusions:”The authors find, in short, that before oil production begins to decline, high prices incentivize new production without affecting demand too much, while low prices incentivize rising demand without reducing production too much.
This paper explores similarities and differences between the run-up of oil prices in and earlier oil price shocks, looking at what caused the price increase and what effects it had on the economy.
Whereas historical oil price shocks were primarily caused by physical disruptions of supply. In fact, the new “tight oil” sources of oil which are supposed to grow in supply are still expensive to extract. If we expect to have more tight oil and more oil from other unconventional sources, we need to expect to continue to have high oil prices.