This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical.
All in all, ever since his forceful response to the midterm elections, Obama seems to be getting more and more popular. In absolute numbers, of course, Obama still has a long way to go.
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Well, here we are at the start of 2015, and the unemployment rate has declined to 5.6 percent. Over the course of 58 consecutive months, the Obama economy has created 11.2 million private sector jobs.
Today, the Earth got a little hotter, and a little more crowded. Japan Meteorological Age...
But when the tide comes, Shakespeare is right - you must seize it. This is time for boldness, a time for vision, and a time above all to concentrate our strength and effort where we can move big ideas and game changing projects. Slow and steady won't win this race.
The Keystone XL vote is just the first in what the Republican Congressional leadership has promised will be a series of attacks on our health and environment. It is more important than ever that the Administration move forward with its clean power pla.
We have a unique opportunity to act quickly during this period of lower oil prices. Historically, we have moved on energy policy only in times of crisis, reacting after the damage has already been done.
It would be tempting to turn this into anti-Wall Street polemic, but the inequality of Big Capital is not even the main issue here. Rather, recent talk of "supply shock" is a wake-up call for the sustainability of Big Capital, the little man, and everyone in between.
Depending on the model economists use and the assumptions they make, they estimate a net stimulus that ranges from small to very small. But, behind the word "net," lies a wide spectrum of gains, pains, people, and policies.
Asking prices lead sales prices by approximately two or more months. As a result, the monitors reveal trends before other price indexes do. Here then is the scoop on where prices and rents are headed.
The Environmental Protection Agency (EPA) is delaying the release of carbon emissions rules for all power plants and will publish them for new as well as existing plants at the same time mid-summer.
By 2016 the amount of crude by rail entering California is expected to increase by a factor of 25. That's assuming the industry gets its way in creating more crude-by-rail stations at refineries and oil terminals. And that's no longer looking like a sure thing.
If $40 a barrel still seems a ways off, consider that the benchmark price for oil sands crude is already trading in that price range. What's more, if production from high-cost sources isn't withdrawn from an oversupplied market, oil prices may soon be trading even lower.
The Internet of Things (LoT) is getting ready to change the world. Connected people, places and things are already communicating data into increasingly sentient industries. But, to date, it has not been clear how the financial services world can take advantage.
Democrats need to point out that they're turning over to the new Republican Congress an economy that is doing better than at any time in the past six years. They need to lay this down as a benchmark that they can later point to, no matter what happens. Republicans are already chomping at the bit to claim all that credit for themselves.